Technology giant Hewlett-Packard is partnering with a marijuana compliance software company, becoming the latest mainstream company to dip its toe in the cannabis industry.
The Palo Alto, California, technology company will preinstall cannabis point-of-sale and compliance software from Flowhub on its own POS terminals, known as HPElitePOS.
The two companies said in a news release the terminals will be directed at marijuana retailers and cultivators.
Flowhub, headquartered in Denver, raised $3.25 million last year. Financial terms of the HP deal weren’t disclosed.
HP is the latest major company to delve into the cannabis industry through partnerships or other avenues.