Sueling Ching, interim president and CEO of the Ottawa Board of Trade, congratulated March Networks.
“As an established high-tech company, March Networks plays a vital role in the local economy,” said Ching. “We are pleased to recognize them with this award and we wish them continued success in 2020 and beyond.”
The firm says it won the award thanks in part to the sale of its video surveillance solutions to the cannabis market, where it secured two of the world’s largest cannabis companies, in addition to over 100 other cannabis customers. The firm says its video systems safeguard all stages of the cannabis supply chain including cultivation, testing, retail sales and secure delivery.
“March Networks recognized early on the unique security requirements of the cannabis market,” said Net Payne, chief sales and marketing officer, March Networks, in a prepared statement. “This highly-regulated industry requires total reliability, as well as full compliance with government-mandated rules for video surveillance. As a leading supplier of video-based business intelligence solutions to many Fortune 500 companies, March Networks’ products meet and exceed the regulations for cannabis security while delivering the business intelligence needed to increase revenue and profitability.”
The firm says its Searchlight for Retail software helps cannabis businesses with both loss prevention and business optimization by integrating surveillance video with point-of-sale transaction data and analytics. The software also integrates with radio frequency identification data (RFID), which is important in states like Colorado where RFID tagging from seed to sale is mandated by law. Users can search for RFID-tagged product by date, time, brand, product code or serial number, and instantly pull up the surveillance video associated with that data.