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Stock impact report

Tyler (TYL) to Support Kentucky's Medical Cannabis Program [Yahoo! Finance]

Tyler Technologies, Inc. (TYL) 
Last tyler technologies, inc. earnings: 4/29 04:17 pm Check Earnings Report
US:NYSE Investor Relations: investors.tylertech.com
Company Research Source: Yahoo! Finance
TYL has inked a deal with the Commonwealth of Kentucky to deploy its Cannabis Licensing solution, aiding in the regulation of the state's medical cannabis initiative. Following the approval of Senate Bill 47 in March 2023, which greenlit the legalization of medical cannabis under strict guidelines, Tyler's software is poised to facilitate the rollout of Kentucky's Medical Cannabis Program, set to commence on Jan 1, 2025. The Cabinet for Health and Family Services (“CHFS”) will leverage Tyler's solution to streamline licensing and registration processes for patients, caregivers and businesses while ensuring adherence to regulatory standards. Utilizing Amazon Web Services (“AWS”), Tyler's cloud-hosted platform ensures scalability, resilience and data security. Carlos Luna, Tyler's Kentucky state enterprise general manager, expressed confidence in the collaboration, emphasizing the company's expertise in implementing state cannabis regulation solutions. With a proven track record in Show less Read more
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