Marketplace for Cannabis Industry Participants
Amercanex’s ACExchange is the cannabis industry’s first fully electronic, compliant, transparent exchange and the technology leader for buying, selling and tracking wholesale cannabis transactions.
The core function of this marketplace is to ensure fair and orderly transactions, as well as efficient dissemination of price information, for products bought and sold on ACExchange.
ACExchange operates at the wholesale level; it is not designed for retail end users. All transacting members of the marketplace are licensed stakeholders, growers, manufacturers and retailers competing for the best pricing and products on a transparent platform.
The Advantages of ACExchange Include:
- Real time centralized price discovery tools
- Direct market access
- Robust real-time regulatory reporting and reference data
- RFID plant tracking technology
- Seed-to-sale reporting
- Closed-loop banking system
- Transportation manifest reporting
- Tax tracking and collection payment system
- Chain of custody
- Custom dashboards & data fields
ACExchange provides a transparent, compliant marketplace for institutional cannabis industry participants. Our technology includes the programming languages C3, HTHL 5, CSS3, JQuery, SQL Server, Twitter Bootstrap and Telerik.
Amercanex is also completing development of the 2.0 version of the platform, helping to improve programming flexibility and scalability while reducing infrastructure costs.
How it Works
Once a buyer purchases products through ACE, the seller is notified of the sale. From there, funds are deposited into a secure account, which will hold the money until delivery is completed, signed and accepted. After delivery has been finalized, the funds are transferred to the buyers account. Every step of the order is tracked and recorded on the ACExchange, making the process clear and precise.