Metrc Announces New Track-And-Trace Government Contract with the U.S. Virgin Islands

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GlobeNewswire 3d ago

Metrc Announces New Track-And-Trace Government Contract with the U.S. Virgin Islands - GlobeNewswire

Quick Summary:

"The Metrc team is excited to work alongside the OCR to establish a marketplace with the utmost integrity, ensuring safety for consumers and providing licensees with the optimal conditions for growth and success.” Metrc’s robust track-and-trace platform provides the ultimate transparency to ensure regulatory compliance, help combat the illicit market, and safeguard the health and well-being of U.S.

The Metrc system enables licensed operators to track all activities related to cannabis plants and products, including origin, testing results, handling, and chain-of-custody information, through the company’s unique RFID tracking model and software-as-a-service (SaaS) system; this information is then easily accessible to regulators.

Virgin Islands government is committed to building the best cannabis regulatory framework possible, and we are honored to pioneer the territory’s inaugural track-and-trace program,” said Michael Johnson, CEO at Metrc.