METRC Inventory Management 4

Question 1

Which METRC report would a compliance officer use to verify that all packages transferred out of a facility were received by the destination licensee?

Accepted Answer

Outgoing Transfer Report with receipt confirmation

Answer

The Outgoing Transfer Report shows all packages transferred out and can be filtered to show receipt status, confirming whether the destination licensee accepted each package.

Question 2

Under METRC's track-and-trace requirements, how long must a licensee retain records associated with a package after it is finished or destroyed?

Accepted Answer

3 years

Answer

Most state cannabis regulations that use METRC require licensees to retain records for a minimum of 3 years, though this may vary by jurisdiction.

Question 3

A cultivator reports a theft of 2 pounds of cannabis. In METRC, which action is required to accurately reflect the inventory reduction?

Accepted Answer

Adjust the package quantity down using an administrative adjustment with 'theft' as the reason

Answer

METRC allows licensees to record inventory reductions due to theft using the package adjustment feature, selecting the appropriate reason code such as 'theft' or 'loss.'

Question 4

What is the significance of a package's 'unit of measure' (UOM) in METRC?

Accepted Answer

It defines how the package quantity is expressed and tracked throughout its lifecycle

Answer

The unit of measure in METRC defines how a package's quantity is recorded and reported, such as grams, ounces, or each, and must remain consistent throughout the package's lifecycle.

Question 5

A METRC package shows a lab test result of 'failed.' What action is typically required for that package?

Accepted Answer

The package must be remediated, re-tested, or destroyed per state regulations

Answer

A failed lab test result typically requires the licensee to either remediate and retest the product, or destroy it in accordance with state regulations — it cannot be sold in its failed state.

(METRC) Marijuana Enforcement Tracking Reporting Compliance Certification Practice Test

(METRC) Marijuana Enforcement Tracking Reporting Compliance Certification Practice Test

METRC Inventory Management 4