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Helix Technologies Launches Nation's First Online MMJ Reciprocity Platform in New Mexico

ACCESSWIRE
·3 min read

DENVER, CO / ACCESSWIRE / August 25, 2020 / Helix Technologies, Inc. (OTCQB:HLIX) (the "Company") announced today that New Mexico's online medical marijuana reciprocity portal is live and has been serving out of state patients living or vacationing in New Mexico for almost a month as of this writing.

The system, which is the first of its kind for US Medical Cannabis programs, allows state regulators to electronically register and track out of state patients into the patient registry. The system decreases time and costs associated with paper only patient registries and allows the state to track and enforce dispensing limits in real time to prevent potential diversion to the black market.

The new platform benefits all stakeholders in the New Mexico industry as it allows out of state patients a convenient way to access medical cannabis while enjoying the many outdoor and cultural opportunities in New Mexico. Since going live with the reciprocity module on July 1st, more than 1,700 out of state patients have been registered for the program. "We're encouraged by the ability of this platform to assure people visiting New Mexico get the medicine they need when cannabis has been recommended as a treatment by their medical provider at home," said New Mexico Department of Health Medical Cannabis Program Director Dr. Dominick Zurlo. "We appreciate the efforts of Helix Biotrack to work with us toward the goal of assuring visiting patients experience uninterrupted treatment and relief for their medical conditions."

"We are always looking for ways to work with our Government partners to improve transparency, ease of use, and ultimately public safety," said Helix Biotrack COO Dr. Moe Afaneh. "This is the first step towards digitally bridging states' medical markets, while ultimately improving access for patients looking to explore New Mexico, bringing in new patients for the industry, and saving everyone time and money in the process. We're very proud to bring another industry-first innovation to Seed to Sale Tracking, with more to come."

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About Helix Technologies, Inc.

Helix Technologies, Inc. (OTCQB: HLIX) is the leading provider of critical infrastructure services, helping owners and operators of licensed cannabis businesses stay competitive and compliant while mitigating risk. Through its proprietary technology suite and security services, Helix Technologies provides comprehensive supply chain management, compliance tools, and asset protection for any license type in any regulated cannabis market. While Helix provides services to the Cannabis and Hemp Industries, the Company does not deal directly with the plant or any derivative products. Helix Technologies' products reach over 2,000 customer locations in 36 states and 9 countries and have processed over $20 billion in cannabis sales. For more information on Helix Technologies and to sign up for investor updates, visit us at www.helixtechnologies.com. and follow us on Facebook, Twitter and LinkedIn. Sign up for the CannaPulse Newsletter for legislative changes, software updates and more.

Forward-Looking Statements

Except for historical information, all of the statements, expectations, and assumptions contained in this press release are forward-looking statements. Actual results might differ materially from those explicit or implicit in the forward-looking statements. Important factors that could cause actual results to differ materially include: our ability to fund our operations and pay any outstanding debt; fluctuations in our financial results; general economic risks; the volatile nature of the market for our products and services and other factors that could impact our anticipated growth; our ability to manage our growth; changes in laws and regulations regarding the cannabis industry and service providers in the cannabis industry; reliance on key personnel; our ability to compete effectively; security and other risks associated with our business; intellectual property risks; and other risk factors set forth from time to time in our SEC filings. Helix Technologies assumes no obligation and does not intend to update these forward-looking statements, except as required by law.

Media Contact:

Colt Peterson
Helix Technologies, Inc.
303-324-1022
press@helixtechnologies.com

IR Contact:

Scott Ogur
Helix Technologies, Inc.
ir@helixtechnologies.com

SOURCE: Helix Technologies, Inc.



View source version on accesswire.com:
https://www.accesswire.com/603156/Helix-Technologies-Launches-Nations-First-Online-MMJ-Reciprocity-Platform-in-New-Mexico