Florida-based seed-to-sale traceability company Metrc signed a contract to provide track-and-trace services to Rhode Island’s medical marijuana program.
The deal marks Metrc’s 22nd state government contract and fifth so far for the year, the company said in a Thursday news release.
Terms weren’t disclosed.
Metrc takes over the state contract from Los Angeles-based Kind Financial.
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Rhode Island is the third state in which Metrc is replacing the incumbent vendor, according to the news release.
Metrc has secured a string of state contracts this year, having landed MMJ contracts with Mississippi in April, South Dakota and Minnesota in March as well as an adult-use deal with New Jersey in January.
Metrc’s platform will allow Rhode Island regulators and businesses to track data and products from seed to sale.
The traceability service uses a radio frequency identification (RFID) system to tag cannabis plants and products within the program.
When marijuana is harvested, packaged and/or manufactured, the
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