By MjInvest Editor in Chief on Saturday, 08 January 2022
Category: Cannabis Business Executive

N.J. hires firm to track legal weed ‘from seed to sale’

New Jersey will soon be able to monitor the supply of legal marijuana “from seed to sale” after the state’s Cannabis Regulatory Commission voted Friday to install a new statewide inventory management tracking system.

The tracking system, required by the state law, is needed to make sure New Jersey’s new marijuana market will meet guidelines on everything from selling and growing weed to making sure there is enough supply and that it is safe for consumers.

“The system would allow regulators to ensure regulatory compliance, assist with accurate reporting of sales data, prevent sale to underage consumers, and prevent adulteration of legal cannabis substances with harmful substances,” Executive Director Jeff Brown said.

The commission voted 5-0 to approve a six-year, $390,000 contract with Metrc — which stands for Marijuana Enforcement, Tracking, Reporting and Compliance — to track New Jersey’s nascent cannabis industry.

Brown said Metrc would provide a system “to manage the cannabis supply chain from seed to sale in New Jersey.”

He said Metrc’s web-based system includes fully configured software, radio frequency tags, data management and training and support to the commission and all user groups.

The company’s website says Metrc serves more than 250,000 users in 15 states, the District of Columbia, and Guam. [Read More @ NJ.com]

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