Top Features to Look for in Metrc Integrated Cannabis Compliance Software

“Taxes,” the “DMV,” and “Compliance” are all scary words. They involve two things that many of us find bitter, boring, and a little intimidating: paperwork and the government. When it comes to the cannabis industry, compliance in particular can be a cause for stress. 

Ensuring that everything is reported correctly and that all the rules are followed to the “T” is essential, but it can also be time-consuming and tedious. 

However, there is a solution that bypasses these pain points. Having cannabis compliance software that integrates with Metrc can turn a manual and error-prone process into an automated process.  

What Is Metrc?

First, the Marijuana Enforcement Tracking Reporting Compliance, or Metrc, software platform is a state tracking system, not a compliance or business management tool. In other words, it’s not built for your business; it’s built for the government. 

Boiled down, Metrc is designed to keep track of the cannabis supply chain from the farms to the customers and everything in between. It’s the dispensary's job to provide the required tracking data to Metrc.

Businesses that use cannabis compliance software—which is more commonly found in POS (point of sale) solutions for the industry—may have the option to integrate it with Metrc.

Benefits of Having a Metrc Integrated POS Software

With a Metrc integration, dispensaries can do away with manual reporting, which is error-prone. This can then spiral into having to deal with investigations, large fines, and possibly even closing the shop.

Whereas with a Metrc integration right into your POS software, all inventory and purchases are automatically tracked, accounted for, and sent to Metrc, leaving dispensary owners with more time and peace of mind that their reporting is the best it can be. 

Features to Look for in Cannabis Compliance Software

There are many cannabis-specific compliance software to choose from with Metrc integration, but not all of them are the same. That said, here are the top five features to look for:

1. Real-Time Reporting: Ensures up-to-date compliance and that no important detail gets left out throughout the busy day. 
2. Inventory Syncing: Dispensary inventories are often large and ever-changing, making them a huge pain to track manually; inventory syncing takes care of all inventory tracking and updates automatically.
3. POS Integration: A Metrc-integrated POS is a MUST. Point of sale integration means that all your tracking, every sale, is accounted for.
4. Compliance Alerts: We don’t know what we don’t know. If you miss something or never knew that it was something to keep track of in the first place, compliance alerts can help warn you of these issues before they come back to bite you.
5. Audit Readiness: Audits… They can happen even when you’ve done everything by the book. The problem is that if you’re not ready for them, then you could receive some blowback even if you did nothing wrong. Audit readiness helps ensure that all your compliance-related data is ready in the event that you are audited. 

If you want to save time and position yourself in the best light when it comes to cannabis compliance, then a POS software with built-in Metrc integration is the best way to go.

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