Colorado retains Franwell’s Metrc as cannabis seed-to-sale tracking system

Colorado marijuana regulators have chosen to continue the contract with Metrc for the state’s seed-to-sale tracking system.

Medible review colorado retains franwells metrc as cannabis seed to sale tracking systemAccording to the Denver Post, Colorado’s Department of Revenue plans to add three years to its contract with Franwell, the Florida-based company that developed Metric.

Here’s what you need to know:

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  • Colorado has used Metrc since 2011.
  • The company created the first state vendor cannabis tracking system for Colorado’s medical marijuana market.
  • Metrc’s new contract will begin Nov. 1 at a cost of $213,000 for the first year and then $71,000 for each additional year.
  • So far, Colorado has paid Franwell almost $900,000 to use its system.
  • Massachusetts selected Metrc for its state seed-to-sale tracking system earlier this month.
  • Metrc is also the state traceability system in Alaska, California, Maryland, Michigan, Montana, Nevada, Ohio and Oregon.

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