BioTrackTHC has been awarded the contract to provide North Dakota with a seed-to-sale medical marijuana traceability program.
Jeff Gonring, BioTrackTHC’s communications director, told Marijuana Business Daily the company will be paid $589,000 over five years on a tag-based model.
He said the Florida-based company doesn’t yet know how much the tags will sell for.
According to BioTrackTHC, the traceability system will allow regulators to enforce compliance throughout the supply chain.
The company will also provide a registration system to enroll qualifying patients, caregivers, manufacturing facility workers, dispensary employees and laboratory staffers.
North Dakota law allows two producer/processor facilities and eight dispensaries in an MMJ program that likely won’t be up and running until late 2018 or early 2019.
BioTrackTHC now holds tracking contracts with seven states, U.S. territory Puerto Rico and the city of Arcata, California.