Metrc, a provider of cannabis regulatory track-and-trace systems in the United States, has entered into a contract with the state of New Jersey. The finalization of the contract comes on the heels of approval by the state's Cannabis Regulatory Commission earlier this year. The Garden State is Metrc's latest adult-use contract and the company's 18th government contract for a track-and-trace system.
"As New Jersey kicks off its first cannabis track-and-trace system, we're excited to help lead the charge on implementing this crucial step toward effective regulation," stated Jeff Wells, CEO of Metrc. "Metrc looks forward to working closely with the state of New Jersey, regulators, and licensed business owners to ensure the security and safety of both the state's medicinal market and the newly established adult-use market."
