Seed-to-sale tracking systems are designed to monitor every stage of the marijuana product lifecycle, from cultivation and processing to distribution and final sale. This ensures compliance with regulatory requirements and prevents diversion to the illegal market.
Metrc (Marijuana Enforcement Tracking Reporting Compliance) is a widely used state-approved tracking system that helps businesses comply with regulations by managing data for inventory, sales, and reporting.
Seed-to-sale systems capture data such as plant growth stages, batch numbers, and product distribution to maintain transparency and compliance with regulations.
Most regulatory bodies require marijuana businesses to update sales and inventory data daily or in real-time to ensure accurate tracking and prevent discrepancies.
Failure to maintain accurate data in tracking systems can result in penalties such as fines, suspension, or even revocation of the business’s license, as it violates regulatory requirements.
