(This story has been corrected to reflect that the application process has not begun.)
Track-and-trace software maker Metrc has secured a contract with the U.S. Virgin Islands to support its medical and adult-use marijuana markets.
The Florida-based company’s RFID tracking and software service is used to monitor and log the life cycle of a product, including origin, testing results, transportation and point-of-sale.
According to a Monday news release, cannabis operators in the U.S. Virgin Islands will have access to Metrc’s new product, Retail ID.
The product combines QR codes that contain product information with inventory barcodes in a single label that can be affixed to a stock-keeping unit (SKU) after clearing testing requirements.
Consumers can scan and access product information, including origin, lab results and authenticity, via a smartphone.
In November, MJBizDaily conducted a product demo of the technology and highlighted Retail ID’s potential benefits for licensees, consumers and regulators.
Meanwhile, according to the U.S. Virgin Islands Office of Cannabis Regulation, the application process for cannabis business licenses has not yet begun.
When the application window does open, the office said in a Jan. 31 news release, “Micro-Cultivation Permits, Cultivation Licenses, and the RFP for Lab Testing Facilities will be the first out the door.”
U.S. Virgin Islands Gov. Albert Bryan Jr. in January 2023 signed a comprehensive marijuana legalization bill, forming the legal foundation for the territory’s adult-use and medical cannabis markets.
