Metrc
A cannabis regulatory software system with real-time inventory management and RFID tracking capabilities.
Product Overview
Metrc (Marijuana Enforcement Tracking Reporting Compliance) is a regulatory solution designed for government agencies in charge of legalized marijuana enforcement. The software was developed by Franwell and provides tracking and tracing through the use of RFID as well as integrations with some of the top seed to sale software solutions on the market.
The software was built by regulators specifically for oversight and gives visibility that allows companies to follow strict rules, regulations, and statues in the cannabis and marijuana industry.
Pros
- Efficient tracking using RFID
- Real-time inventory management
- Compliance with state regulations
Cons
- Limited data analytics
- High time investment for data entry
- Does not cover all states/territories
Target Market
Cannabis businesses that require strict regulatory compliance and inventory tracking from cultivation to sale, especially in states where cannabis regulatory compliance is heavily monitored and enforced.About Metrc
Video Overview
The software has an industry side, and a regulatory side. The industry side helps report required events while the regulatory side is in charge of enforcement and compliance.
Originally intended to be used by the State of Colorado’s Marijuana Enforcement Division, the system now registers users, plants, and packages across the United States in the following states and territories:
- Alaska
- California
- Colorado
- Colorado Industrial Hemp
- District of Columbia
- Guam
- Louisiana
- Maine
- Maryland
- Massachusetts
- Michigan
- Minnesota
- Mississippi
- Missouri
- Montana
- Nevada
- New Jersey
- Ohio
- Oklahoma
- Oregon
- Rhode Island
- South Dakota
- West Virginia
Regulatory Features
- Rules-based alerts
- Chain of custody
- Process metrics
- Credentialing
- Transfer manifesting
- Event level monitoring date and time stamping
- Highly secure RFID tags
- Notifications
- Trend analysis
- Auditing / Inspections using RFID
- Investigations
- Enforcement support
- Seek and find capability
- Plant, Harvest, & Package tracking
- Activity of licensed employees
- Automatic on-hold & real-time results
- Validation, authentication, & amount verification
- Registries and licensing
- Help Desk
- Reports & SSRS support
Product Overview
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