As more states vote to legalize cannabis, developing a functional regulatory system has become more important than ever. One company, Metrc, has quickly become the standout, working hand in hand with governmental agencies to ensure safe cannabis distribution throughout the country.
Metrc is America's premier cannabis regulatory system provider. Utilizing numerous tools like radio-frequency identification, advanced software, and a devoted customer service team, the company can trace and track cannabis production from growth and harvest to processing, testing, shipment, and sales. Using this information, Metrc boasts the largest, most secured cannabis database in the country. Currently, Metrc has over 150,000 users, including law enforcement officials, state regulators, dispensaries, testing facilities, and growers in 15 states, including the District of Columbia and Guam.
As we mentioned above, the legalization of cannabis throughout the U.S. has placed a strain on governmental agencies tasked with accurately tracking and regulating all aspects of cannabis production. Everything from establishing new tracking and testing protocols and protecting the regulated market from illicit products to safeguarding public health falls on cannabis regulatory agencies.
Metrc fills in the gaps, working alongside state regulators to simplify the tracking process. Every state with cannabis regulated sales must take account of all stages of their inventory's production and development. Metrc makes this process easier by tracking each legal product to its originally sourced plant. With this information, agencies can protect the regulated market from illicit material and ensure no cannabis product is sold or distributed illegally.
To do this, Metrc pioneered a state-of-the-art track and trace system that provides the highest levels of detail for every stage each product goes through, from growth to sale or destruction and disposal. Let's explore some of the top benefits this tracking system offers.
When legalizing cannabis sales, public safety was the top concern. To protect users, learning how to effectively monitor the sale and distribution of cannabis products in a similar manner to the food and pharmaceutical industry was a main priority. The track and trace system developed by Metrc offered a solution. Metrc lets regulators rapidly identify, isolate, and even recall packages and plants that are deemed unsafe after being tested by laboratories for contamination. When the 2019 vaping crisis occurred, Metrc played a key role in preventing harmful products from being released to customers, providing invaluable support to numerous states.
Metrc makes regulatory transparency easier than ever, expanding regulator oversight for more effective reporting. Utilizing the tracking system, regulators can access comprehensive information on each cannabis product that's sold in their state, including details about growth, production, and transport. Additionally, Metrc provides real-time information updates on sales growth, enforcement, tax revenue, and market performance.
Metrc offers the only track and trace system that uses chip-embedded RFID tags to ensure consistent, counterfeit-proof, and centralized production of all cannabis products. Every single plant and product sold is accounted for, discouraging market inversion and diversion.
Metrc works hand-in-hand with state agencies to create tailored systems designed around the specific demands of each unique regulatory environment. Thanks to integrated software and highly advanced technology that have undergone stringent testing for over two decades, Metrc can provide unprecedented support. No other company can offer more accurate tracking, thanks to the RFID tagging system, that lets state agencies monitor the progress of all cannabis plants, products, and packages throughout the entire supply chain, from transport to sale.
Thanks to its superior technology and highly adaptable tracking system, Metrc is America's most trusted cannabis regulatory system provider. But what sets them apart?
Metrc isn't just the best regulatory system provider; they're the original. Working alongside Colorado state regulators, Metrc developed the country's first track-and-trace system in 2011. Now, their proven systems are the preferred tracking method, used more than any other in 15 states plus Guam and the District of Columbia. With a 99.9% success record since the system uptime, Metrc has never had a known security breach and boasts a record of a 100% contract renewal rate.
Metrc understands the strict budget constraints state governments and agencies face, which is why it offers low-cost and flexible pricing structures. Since it bears the initial costs of development, implementation, and management for its system, Metrc only charges the states a low, flat-rate fee. For those in the cannabis industry, Metrc maintains affordable and proportional pricing based on the business's size. You never have to worry about hidden charges, one-time setup costs, or costly maintenance fees. Plus, there's no additional hardware or software required; all you need is a computer with the internet.
Since Metrc is designed to safeguard public safety, trust, and health while empowering each state's cannabis industry, Metrc never offers software solutions or ancillary consulting services to businesses. The company's sole interests align with the regulator and the public, ensuring reliable regulation you can trust.
When you choose Metrc, you get the support of a customer service team that's available Monday to Friday, 12 hours per day. Emergency 24-hour and weekend management coverage is also available for added peace of mind. With Metrc, state and industry users enjoy unlimited training and support at no added cost, as well as in-person and online courses to aid in successful system navigation.
Metrc is the most adaptive and responsive regulatory tracking system on the market, effortlessly evolving to changes within the cannabis marketplace. Businesses never have to worry about downtime or costly change thanks to open API, which provides customized tracking and inventory systems that offload key data sets with ease. This same real-time updating philosophy applies to state medical registries, enabling the accurate validation of patient limits at the point of sale.
Metrc is undoubtedly the most sought-after cannabis regulatory system provider in the U.S., serving over 25,000 users and 15,000 businesses and boasting $15 billion in tracked sales. When reliability and accuracy matter, states and businesses turn to Metrc to deliver dependable, real-time tracking they can trust.
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