MJ Biz report on their free update
Marijuana track-and-trace software provider Metrc is rolling out a new feature for brands and retailers to streamline product labeling and inventory management.
Metrc’s new product, Retail ID, 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.
According to Metrc, the free and voluntary add-on holds several benefits for operators, including:
- Eliminating additional product scans during distribution and on the retail floor.
- Integration of Metrc data and third-party point-of-sale systems, which likely will save significant time and resources.
- Automated and unique QR labels from Metrc after product testing.
For adult-use consumers and medical marijuana patients, Retail ID also offers proof of authenticity and product transparency by providing access to certificates of analysis as well as cannabinoid and terpene content.
“We think the standardization of cannabis product labeling requirements is what’s going to benefit consumers at the end of the day,” David Eagleson, Metrc’s director of product, told MJBizDaily during a product demo.
“In addition to benefiting consumers, we see a lot of efficiency opportunities.
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Metrc debuts labeling feature to ease cannabis inventory challenges
