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Month: August 2020

Data Tracing photo

Data Tracing

by Paige Reimers, 8/26/20

Track-and-trace systems were designed to provide regulators of all shapes and sizes vital information to promote their mission. Tracking products in “high-risk” industries is essential, but one of the most significant benefits is the ability to trace any product back to its source. For cannabis, this means from the second a seed (or clone) is put in soil, to the moment it is sold to a patient or consumer, data is available. Every product you see on the retail shelf has a history, or “story,” that can be traced through information reported by growers,... Read More >
Diverting Cannabis from the Supply Chain photo

Diverting Cannabis from the Supply Chain

by Sharon Hanger, 8/12/20

According to its definition, diversion is “an instance of turning something aside from its intended course." For example, a river can be diverted away from a town by a dam. In commerce, diversion is the act of selling goods in a market for which they were not intended, usually without the knowledge or permission of the original seller. The latter, unfortunately, can occur in the cannabis supply chain. Material that is planted, harvested, and manufactured for sale is diverted from the legal market. Where does it go? Often products or material... Read More >
Compliance and Data photo

Compliance and Data

by Paige Reimers, 8/19/20

The cannabis industry is one of the newest and most regulated industries in the world. Cannabis is in its infant stages, and it has never been more important to see a holistic and comprehensive view of what is happening at each business on a granular level. One fundamental way to gain understanding is by requiring Operators to report their activity every single day. While many have expressed the toll this takes on workforce and resources, it is far from the only industry to have reporting requirements.  The healthcare industry... Read More >

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