Michael Johnson: #Metrc, The Cornerstone of #Cannabis #regulations
Metrc is contracted by state regulators and committed to a secure and credible regulatory environment. At the center of the regulatory apex, Metrc's role is critical for cannabis operators from seed to sale. This week on The Dime, we host Michael Johnson, CEO of Metrc, to discuss: • Uptime vs. functional time • API Changes, Metrc Connect • Implementing regulatory changes across 23 states Chapters: 00:00:00 - Navigating Regulations and Complexity in the Cannabis Industry with Metrics CEO Michael Johns 00:02:35 - The Importance of Track and Trace System in the Cannabis Industry 00:05:14 - Unique Customers and Clients in the Cannabis Industry 00:07:37 - Scaling an Enterprise Level Tool in the Cloud 00:10:10 - The Challenges of Building a Scalable Software Program 00:12:36 - Challenges in the Young Cannabis Industry and Metric's Objectives 00:14:59 - Obsession with Support, Training, and Performance Improvement 00:17:18 - Navigating Regulations and Support in the Legal Market 00:19:37 - Balancing Profitability, Scaling, and Compliance in Government Software Contracts 00:21:52 - The Importance of Customer Service in the Legal Cannabis Space 00:24:07 - Overcoming Compliance Challenges in the Cannabis Industry 00:26:35 - Rapid Changes and Frustrations in Software Deployment 00:28:52 - Challenges in Cannabis Regulation and Public Health Protection 00:31:24 - Protecting Public Trust and Proper Regulation in the Cannabis Industry 00:33:56 - Patenting Genetic Evidence and Metric API Connectivity 00:36:32 - The Benefits of RFID in Agriculture 00:39:05 - The Game-Changing Potential of RFID in the Cannabis Industry 00:41:40 - Finding ways to think about the long game in the cannabis industry 00:43:59 - Creating a Universal System of Regulation for the Cannabis Industry 00:46:30 - Contact Information for Metric.com About Metrc: Metrc is the most trusted and experienced provider of cannabis regulatory systems in the United States. Our solution combines advanced software, radio-frequency identification (RFID) technology, a dedicated customer- support team, and a secure database to track and trace cannabis from growth, harvest, and processing to testing, transport, and sale. Governments contracting with Metrc receive an off-the-shelf software-as-a-service (SaaS) system configured specifically to their needs. Our cloud-based tracking software and securely encoded RFID-enabled tags give regulators full supply-chain visibility. Metrc also provides data management, reporting services, third-party integrator support, cloud hosting, technical updates, along with training and support for users in government and industry. About Michael Johnson: Focused operational finance leader with expertise in harvesting growth potential and facilitating process efficiencies at Vista Equity Partners, Insight Venture Partners, TT Capital Partners, NovaQuest and FristCressey portfolio companies. Proven performance in building highly effective teams, integrating acquisitions and rebuilding enterprise-wide processes to harmonize customer experience and profitability. #cannabisindustry #cannabisinider #metrc Guest Links https://www.metrc.com/ https://twitter.com/official_metrc?lang=en https://www.linkedin.com/in/michael-johnson-41458115/ Follow us: Our Links. At Eighth Revolution (8th Rev), we provide services from capital to cannabinoid and everything in between in the cannabinoid industry. 8th Revolution Cannabinoid Playbook is an Industry-leading report covering the entire cannabis supply chain The Dime is a top 5% most shared global podcast The Dime is a top 50 Cannabis Podcast Sign up for our playbook here: https://www.8threv.com/monthly-report/ 🎥 YouTube: The Dime 📸 Instagram: The Dime 🐣 Twitter: Bryan Fields, Kellan Finney 🎙 The Dime Podcast: https://the-dime-177afd40.simplecast.com/ #podcast #cannabispodcast #cannabis #viral #viralpodcast #metrc #unitedstates
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