Amercanex says it has now resolved two of the biggest hurdles facing cannabis regulators: cash management and unified seed to sale tracking.

Amercanex, the American Cannabis Exchange, will begin offering ACEpay, a treasury and cash management system that allows ACE Marketplace participants to deposit cash as well as pay their bills, payroll and taxes in compliance with local regulations.

Participants will also be able to accept payments from within and outside the cannabis industry. The exchange says ACEpay funds are fully secured, insured and held at top tier banks and financial institutions, giving participants comprehensive access to ancillary financial services from many other third parties.

In addition to ACEpay, Amercanex is now offering seed to sale tracking software with administrative, plant and inventory management, security, compliance and accounting capabilities. This software, which includes Point of Sale (POS), Radio Frequency Identification (RFID) and geotracking services, allows government regulators to verify and collect...