Cannabis software company Metrc renewed its contract with the state of Ohio to provide seed-to-sale tracking services for the state’s medical marijuana program.
Financial terms were not disclosed.
The Florida-based software maker was first contracted by the Ohio Department of Commerce in August 2017 to help the state develop and administer a track-and-trace infrastructure.
Ohio launched its medical marijuana program in January 2019.
Efforts are underway to expand the Midwest market to adult-use sales.
In late May, a bipartisan group of Ohio legislators reintroduced a recreational marijuana legalization bill.
Meanwhile, an initiative to gather signatures continues for an adult-use legalization ballot measure in November.
Metrc said it currently has 23 government contracts.
In March the company announced a contract expansion with the Maryland government to track the state’s adult-use marijuana market, which launches July 1.
Maryland’s medical marijuana companies, which will soon serve both patients and adult-use consumers, have been required to use Metrc software since the state launched an MMJ program in 2017. (Full Story)