Metrc CEO Michael Johnson Talks Retail ID and Securing the Cannabis Supply Chain September 3, 2024 Tom Hymes Compliance and Regulations, News & Insights, Seed-to-Sale, Spotlight 1 Comment Earlier this month, Lakeland, FL.-based Metrc announced the launch of Metrc Retail ID, "a new solution designed to enhance supply chain transparency, bolster compliance, simplify brand processes, and reduce labor for retailers and brands through item level identification with serialized… Read More→
Metrc CEO Michael Johnson Wants a Reputation Redo for the Track-and-Trace Platform December 20, 2022 Tom Hymes News & Insights, Seed-to-Sale, Spotlight 0 Comments As 2023 approaches, the cannabis industry as we know it is going through what is generally referred to as “tough times,” with many companies – but not all – wondering if and how they will survive. Budgets have been slashed,… Read More→
An Essential Metrc Adjusts for the Future September 19, 2022 Tom Hymes Company Stories, Compliance and Regulations, News & Insights, Seed-to-Sale, Spotlight, Supply Chain 0 Comments If there is an all-encompassing company in cannabis, it has to be Metrc. With more than 20 state governments (and one American Territory) under seed-to-sale contract, the Lakeland, Florida-based technology company is the dominant provider of cannabis track-and-trace solutions in… Read More→
Colorado lawmakers’ effort to curb illegal use of high-potency marijuana by teens is stoking privacy concerns June 3, 2021 AggregatedNews Colorado 0 Comments State lawmakers and medical marijuana patient advocates are concerned that a bill at the Colorado state Capitol to regulate cannabis concentrates, in part by tracking purchases, could compromise patient privacy. Colorado uses “seed-to-sale” software known as METRC to track cannabis production from… Read More→
Track and Trace: Virginia Faces a Choice May 27, 2021 Eric Postow News & Insights, Policy & Legal, Science and Technology, Virginia 0 Comments One of the most important mandates of the new Virginia law is the obligation to track and trace the whole chain from seed to sale. The heavy data requirement is not something that cannabis businesses should take lightly because failure to accurately report to the Cannabis Control Authority could… Read More→
Why Compliance Data: Beyond A Zero-Sum-Game October 20, 2020 RJ Falcioni Compliance and Regulations, Science and Technology 0 Comments Introduction The cannabis industry remains fixated on compliance, but not in the right way. Heavy regulations and looming financial consequences have created a paradoxically cost-avoidant approach to compliance: invest capital to protect against more significant loss. It's a zero-sum-game– read… Read More→
Michigan medical marijuana stores halt sales due to computer glitch February 19, 2020 AggregatedNews Michigan 0 Comments Michigan medical marijuana dispensaries were unable to complete sales Tuesday, Feb. 18, due to a malfunction with the statewide tracking and monitoring computer system. The “patient lookup is down,” Marijuana Regulatory Agency spokesman Matthew Erickson confirmed Tuesday night. “We are… Read More→
California’s Mandated Track and Trace System: Is it Helpful or Harmful? July 11, 2019 John Oram California 0 Comments The California Cannabis Track-and-Trace (CCTT) system, which became operational for businesses with full annual licenses in January 2019, is a major milestone to further legitimize our industry. However, the newly mandated regulations have done more to hinder the legal marketplace… Read More→
Cannabis Track and Trace Is A Disaster Waiting to Happen—and Not for the Reasons You Might Think May 29, 2019 AggregatedNews Science and Technology 0 Comments By Griffen Thorne, Attorney at Harris Bricken Most states’ regulated cannabis regimes require licensed cannabis companies to use seed-to-sale track-and-trace software. In California, the state has contracted the entire track-and-trace program to the METRC program. The METRC program isn’t yet… Read More→
Mom & Pops are Making it Happen in Maryland: Charm City Medicus January 21, 2019 Rob Meagher Company Stories, Retail, Spotlight 0 Comments Recently, CBE has focused its company stories on large licensee consolidators primarily due the public funding efforts of many of them. We recognize that the licensed marketplace is still, for the large part, composed of smaller start-ups that are serving… Read More→
Metrc, A Cannabis Regulatory Track-and-Trace Solution, Secures $50 Million for Growth Funding October 25, 2018 Press Release Banking, Finance & Real Estate, Press Releases, Science and Technology 0 Comments PRESS RELEASE Tiger Global, Casa Verde Capital back the leading cannabis track-and-trace system October 24, 2018 (Lakeland, FL) - Metrc announced today that it closed a $50 million funding round led by Tiger Global Management and Casa Verde Capital. Metrc… Read More→
Beware of Bad Actors: Vet Your Consultants February 5, 2018 Steve Flaks Opinions 1 Comment When it comes to launching a cannabis business in 2018, there are a million things you need to factor in to even get a license, let alone launch a successful operation. Whether you’ve been in the industry for six months… Read More→
California Seed-to-Sale Contract: Holy Cow! October 4, 2017 Rob Meagher California, Science and Technology 3 Comments A couple of weeks ago, CBE published Seed-to-Sale Scorecard: METRC’s Big Year. But at the time, we had yet to put our hands on the contract, that in our eyes, has put Franwell so far ahead of the pack in terms of… Read More→
Colorado Awards Historic Marijuana Transporter Licenses to Green Parcel Service (GPS) July 5, 2017 Press Release On the Move, Press Releases 0 Comments PRESS RELEASE GPS is the first company in Colorado to receive both medical and retail transporter licenses under state law; licenses allow GPS to provide logistics, handle distribution, and store marijuana and marijuana products Colorado transporter licenses are believed to… Read More→
Seed-to-Sale Competition Heated-up in 2015. Expect it to Intensify This Year January 26, 2016 Rob Meagher Science and Technology 0 Comments As we moved into the New Year, one thing was abundantly clear. The competition for the hearts and minds of Producer, Processor and Retail (PPRs) licensees seed-to-sale software and state trace-ability systems which was very competitive in 2015, was shaping… Read More→