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How Microsoft Is Getting Into the Marijuana Business

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Microsoft Corporation (NASDAQ: MSFT ) is joining the marijuana business with the company's new software.

Source: Microsoft

The tech giant will use its technology to monitor the cannabis from the moment it is cultivated until the moment it is sold to the consumer.

The product will be an addition in Microsoft's cloud business, and it will help growers and businesses that sell the drug.

The company anticipates that more transactions will take place in the industry as the plant grows.

MSFT stock is up 1.4% Thursday.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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