Cannabis operators say they have little to show for track-and-trace investments
With 23 state contracts for cannabis track-and-trace software, Metrc dominates the space. But operators question the need for the software.
Colorado Medical and Recreational Marijuana News
With 23 state contracts for cannabis track-and-trace software, Metrc dominates the space. But operators question the need for the software.
Item 9 Labs Corp., the parent company of marijuana retail franchise business Unity Rd. and Arizona cultivator Item 9 Labs, has retained Sharp Capital Advisors to help sell its business.
Coda Signature, an early entrant in Colorado’s regulated marijuana market, is the latest brand to cut business operations in the state.
Cannabis industry financial services firm Safe Harbor Financial says it and its partners have provided a $1.17 million loan to a forthcoming Connecticut marijuana retailer operating under the Higher Collective brand.
Emilie Lewis has been promoted to senior vice president, marketing, audience and content strategy for MJBiz, the leading brand for cannabis business intelligence and connections.
Colorado recently passed rules intended to expand competition for cannabis seed-to-sale tracking contracts when the state’s current deal with traceability software provider Metrc expires in October 2026.
Six Democratic governors have formally asked the Biden administration to move on rescheduling marijuana before the end of the calendar year.