Agenda • Overview • System Workflow • Payment Processing Flow • Participants • Patients • State • Dispensaries • Cultivation Facilities • Production Facilities • Laboratories
Overview • What is Go? • Payment Mechanism • Regulatory Compliance • Tax Collection • Banking
Who It Serves • Patients • State Agencies • Medical Marijuana Establishments • Industry Service Providers
Benefits • Real-time monitoring • Elimination of revenue under-reporting • Faster and timely tax collection • Reduction of administrative costs • More convenient option for patients • Reduction of cash handling
What it is • Go is built on our proprietary, patented system. Since its inception, it has processed billions of financial transactions. • The system exceeds current security requirements for Visa, MasterCard and Europay and is updated frequently. • The system currently provides financial transactional processing services for millions of clients. • Various Fortune 500 companies are using the Go system.
Advantages • Go brings every medical marijuana transaction into one, centralized system that is fully transparent to state agencies and law enforcement. The state gains the ability to monitor the marketplace while still protecting patient privacy. • Go offers: • Audit capabilities • Real-time monitoring • Instantaneous Reporting • Provides the state with necessary data for future decision-making
Taxes • Go is an exclusive financial mechanism for all medical marijuana transactions. Go is able to immediately calculate taxes due and has the ability to remit tax revenues to the state in accordance with any state schedule, anywhere from instantaneous to quarterly.
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