Supply Chain

ZenaPay is developing a robost supply chain cannabis software solution using blockchain smart contracts which would track the purchasing the seed from the seed supplier from the planting of the seed with the grower, to the harvet of the cannabis and to the shipping of the cannabis to the wholesale to the selling the cannabis product from the retail store or online business to the customer while automatically reporting the activity which is required by Canadian and other foreign regulators.

Cannabis Companies are looking for ways to better manage their logistics processes, transportation, inventory management, and quality assurance.

Having a response-based business model is the practice of keeping low inventory to respond to changes in the marketplace. It helps in shelving the latest cannabis products and services while reducing product returns and spoiled goods, employing the latest technology and providing the freshest food cannabis goods. This model reduces dwell time (time that finished goods are idle and provide no value).

To effectively manage this responsive supply chain, companies must monitor their suppliers and share information internally and externally. The faster critical information is shared with the supply chain network, the faster problems can be resolved and prevented. The global supply chain requires a global payment solution that is fully integrated into the supply chain risk monitoring solution.

ZenaPay Supply chain is an enterprise supply chain risk monitoring and payment tracking solution that uses blockchain smart contracts to manage suppliers and finished goods. ZenaPay technology keeps distributed ledgers to create articles to insert into smart contracts so supply chain manufacturers, suppliers, vendors, logistics companies, and customers can track goods and services from the raw materials to the finished product using QR codes and digital signatures.

Competitive Conditions

There are a number of other established and development stage companies in the cannabis software development space. Some of companies have developed or are developing solutions such as compliance, inventory, point of sale, seed to store tracking and e-commerce delivery. Some of the companies focus on just the Canadian Cannabis market and other also focus on both Canadian and United States markets.

ZenaPay does not presently have any intention to carry on business in the United States due to the continued prohibition on the use, sale, and possession of cannabis under US federal law, and the January 4, 2018 rescission by the US Attorney General of the Cole Memorandum, a directive to federal prosecutors to refrain from targeting state legal marijuana operations except where such operations pose a threat to the public welfare. It will be change under new law.

Distribution Methods

ZenaPay is in the process implementing its enterprises solutions on Amazon Web Services in their Canada data centers as a Software as a Service business model. ZenaPay will be providing user a monthly or annual subscription to access the software via web browser or mobile apps. ZenaPay currently has apps available for download on Google Play Store and Apple App Store. ZenaPay products will be launched on Google Play Store and Apple App store.

Intellectual Property

ZenaPay assets common law copyright and trademark rights over its intellectual property assets. ZenaPay intends on relying on trade secrets, copyright and trademarks.

Competitive Conditions

There are a number of other established and development stage companies in the cannabis software development space. Some of companies have developed or are developing solutions such as compliance, inventory, point of sale, seed to store tracking and e-commerce delivery. Some of the companies focus on just the Canadian Cannabis market and other also focus on both Canadian and United States markets.

© Copyright 2019. All Rights Reserved.