With any burgeoning industry, new operational challenges are created and new software companies will rise to solve each challenge. This is true for the cannabis industry, and companies like Canix have developed seed-to-sale systems to help growers, manufacturers, and distributors manage compliance and run their businesses.
Since 2012, when Colorado and Washington legalized recreational purchasing and consumption of marijuana, the compliance requirements of producing cannabis products have continued to evolve. Initially, systems like Leaf Data Systems (MJ Freeway / Akerna) and BioTrack provided marijuana-approving states with track and trace software. However, as of 2020, Metrc (Franwell company) has emerged as the dominant track and trace software for 15 medical and recreational states.
The requirements of these state track and trace systems change regularly and cannabis companies struggle to keep accurate inventory records and follow appropriate compliance rules. This has led to the rise of seed to sale systems which are designed to track inventory and automate data submissions to their corresponding government systems.