In California’s Metrc-enabled world, effectively tracking your inventory is the only path to compliance. But regardless of whether you’re in a track-and-trace state or not, having the right tools to support world-class inventory management practices is key to your dispensary’s success.
Hall of Flowers Season 3 was notable for so many things we’ve already covered, but the main question we keep on getting is, “how did the dispensary run so efficiently?” How were hour-plus waits of Season 2 replaced by a fast-moving in-and-out experience? By combining the operational expertise of Garden of Eden with the power of the SellTreez and BrandTreez platforms, we were able to easily accomplish our three main goals: quick checkout and fulfillment, seamless and automated compliance, and accurate data capture.
If you’re a California cannabis business operator, Metrc needs to be top of mind. So as you wait for your provisional/annual license to be awarded, you might be wondering “what does going live on Metrc mean for me?”While there are plenty of strict regulatory hurdles that lie outside of your control, there are a few key factors within your control that can greatly impact how successful you’ll be in a track-and-trace world.
Back in January of last year, California’s cannabis industry braced themselves as METRC’s 6-month emergency regulations took effect. Then, as July 1st neared, and the introductory window came to a close, the industry held their breath in anticipation of the state’s track and trace system (CCTT) coming online in full force. But instead of awarding operators with their permanent annual licenses as expected, the state decided to issue blanket extensions to all temporary license holders instead — and did this repeatedly until the end of 2018.
So, here’s the deal.
Setting the Bar Higher: Excise Tax Management
January 1, 2018… the date everyone in the industry was waiting and waiting and waiting on has become somewhat of the boogie man. Not everyone understands it. How does it look? How does it feel? What does it mean for me and my business? For the purpose of our discussion, January 1 should be interpreted as the date your business enters into the state-regulated market.