MetrcGuru is here to support all Licensed Cannabis Business Operations, who continue to redefine the growing cannabis industry by providing cannabis health and wellness, product safety, education, and economic growth.
MetrcGuru is here to advocate and support the legal cannabis industry by providing inventory audit services and compliance training with your state track and trace system, METRC.
MetrcGuru are experts in multiple Cannabis POS and Cannabis ERP systems.
MetrcGuru will provide training, SOP services, and consultation regarding cannabis inventory audit procedures and compliance.
METRC compliance and cannabis inventory audit for any cannabis licensed facility type:
Cultivation, Manufacturing, Distribution, Retail Delivery and Retail Storefront
Schedule an onsite consultation with our METRC System Experts and review your existing inventory data.
Let us determine your METRC inventory compliance issues and make the proper adjustments according to your state cannabis regulations.
§15034. Significant Discrepancy in Inventory.
A significant discrepancy in inventory means a five percent difference between the licensee’s physical inventory and the inventory recorded in the track and trace system.
Perform a physical inventory count of all your cannabis products during closing hours of your dispensary.
We will provide inventory training and SOPs dedicated to maintaining accuracy of cannabis product quantities in your METRC system.
While the minimum requirement is counting your inventory once every 30 days.
The only way to find discrepancies between your assumed inventory numbers and actual inventory numbers is to do a full count of all physical products.
Create accurate POS data reports to display product quantity adjustments, missing inventory, and quarterly financial sales reports of profits and taxes collected.
Data accuracy will also assist with providing purchasing trends of your cannabis products and help increase profit growth.
Inventory shrinkage is defined as the loss of inventory due to factors such as employee theft, shoplifting, errors on purchase orders or at the register. Shrinkage is the difference between the inventory in your point-of-sale system and actual physical inventory.
When states legalize any form of cannabis use, regulators face a host of challenges. First among them is protecting public health, which requires comprehensive cannabis testing, a way to track inventory and sales, and a strategy to secure the regulated marketplace against illicit product. Metrc is a powerful ally in advancing all of these interests.
Metrc closely monitors the cannabis supply chain to secure markets against theft and infiltration. Innovative solutions and advanced technology ensure that every cannabis plant and every cannabis product is accounted for by licensed businesses in Metrc’s system.
With detailed histories on every plant and cannabis-based product in the state, agencies can ensure that no illicit cannabis is entering the regulated supply chain and no regulated cannabis is being diverted for unlawful sale outside of it. Metrc monitors, records, tracks, and reports to help regulators manage the market.
§15034. Significant Discrepancy in Inventory.
A significant discrepancy in inventory means a five percent difference between the licensee’s physical inventory and the inventory recorded in the track and trace system.
MetrcGuru maintains it’s compliance knowledge by staying up to date with state regulations and the changes that continues to impact the cannabis industry. We stay involved with cannabis regulatory meetings, webinars, and compliance updates!
§15034. Significant Discrepancy in Inventory.
A significant discrepancy in inventory means a five percent difference between the licensee’s physical inventory and the inventory recorded in the track and trace system.
METRC guidelines differentiate from state to state. MetrcGuru can support multiple state retailers and we understand the differences in regulations each legal cannabis state enforces. As new states enter the legal cannabis industry, Metrc is usually the track and trace system utilized and implemented by the state. MetrcGuru will also be there!
Cannabis technology and integration are powerful tools used to help retailers maintain operations, sales, inventory, and compliance. MetrcGuru are experts and are experienced with multiple point of sale systems and their data integration with METRC. Some are better than others, we know this hands on!
Every cannabis dispensary is responsible for maintaining their sales reports, product inventory data, and accurate reporting of their taxes collected from consumers. MetrcGuru will train management to maintain compliance and accuracy with both inventory data and financial data reporting. MetrcGuru will help every dispensary succeed when it comes to the accuracy of your reports!
Reach out to us today and get a FREE complimentary METRC compliance check and consultation.
