Forian sells cannabis software unit BioTrack to venture capital-backed Alleaves

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Forian sells cannabis software unit BioTrack to venture capital-backed Alleaves
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Forian Inc. said it’s selling its cannabis software unit Bio-Tech Medical Software Inc., which does business as BioTrack, for $30 million to buyer Alleaves...

Forian Inc.

said it’s selling its cannabis software unit Bio-Tech Medical Software Inc., which does business as BioTrack, for $30 million to buyer Alleaves Inc., a venture capital-backed company that focuses on enterprise resource planning software for the cannabis business. Forian will instead focus on its healthcare information business, with Forian CEO Daniel Barton stepping down and being replaced on an interim basis by chairman and co-founder Max Wygod, the company said Monday.

said it’s selling its cannabis software unit Bio-Tech Medical Software Inc., which does business as BioTrack, for $30 million to buyer Alleaves Inc., a venture capital-backed company that focuses on enterprise resource planning software for the cannabis business. Forian will instead focus on its healthcare information business, with Forian CEO Daniel Barton stepping down and being replaced on an interim basis by chairman and co-founder Max Wygod, the company said Monday.

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