The BioTrackTHC™ State Traceability System enables government agencies, at the state and local level, to track the production, transportation, destruction and sales of legal cannabis. Licensed Cannabis businesses utilize the Commercial System as a business platform which supports them in remaining fully compliant when tracking all aspects of their day-to-day operations. All logs created and maintained within the Commercial System are also held in the State Traceability System, allowing regulatory agencies to view reports in real-time.
The system has extensive reporting capabilities to assist state and local governments with enforcing regulations, collecting taxes and preventing illegal cannabis diversion and inversion. The system allows regulatory agencies to view every gram of legal cannabis throughout the production life cycle. Having emerged from the medical software industry, the technology was originally developed as a prescription drug and methamphetamine precursor tracking system to assist state government and law enforcement agencies in preventing drug diversion and promoting public safety. The Traceability system has passed a SAS No. 70 audit (now SSAE 16) to certify the System’s compliance with strict standards for electronic prescriptions of all legal classes of medication.
Having won 5 state contracts and 1 county contract, BioTrackTHC™ continues to update the System as the Cannabis Industry evolves. The BioTrackTHC™ system supports RFID and Barcode technology. To learn more about how BioTrackTHC™ can support your government agency with industry best practices, contact us.