{"id":2970,"date":"2021-11-16T08:00:00","date_gmt":"2021-11-16T08:00:00","guid":{"rendered":"http:\/\/CAIiEIqToO2VeWXKRE_tPaBNwIUqGQgEKhAIACoHCAow3cCjCzCgy7sDMKy5hAc"},"modified":"2021-11-16T08:00:00","modified_gmt":"2021-11-16T08:00:00","slug":"connecticut-taps-biotrack-for-marijuana-seed-to-sale-tracking-system-marijuana-business-daily","status":"publish","type":"post","link":"https:\/\/thcinct.com\/?p=2970","title":{"rendered":"Connecticut taps BioTrack for marijuana seed-to-sale tracking system &#8211; Marijuana Business Daily"},"content":{"rendered":"<div><img decoding=\"async\" src=\"https:\/\/thcinct.com\/wp-content\/uploads\/2021\/12\/connecticut-taps-biotrack-for-marijuana-seed-to-sale-tracking-system-marijuana-business-daily.jpg\" class=\"ff-og-image-inserted\"><\/div>\n<div class=\"article-content\">\n<div class=\"bialty-container\">\n<p>Connecticut regulators <a href=\"https:\/\/newsdirect.com\/news\/connecticut-chooses-biotrack-as-the-states-cannabis-seed-to-sale-tracking-software-758577443\" target=\"_blank\" rel=\"noopener\">selected BioTrack<\/a> to provide a marijuana seed-to-sale system to monitor inventory and keep tabs on business transactions in the state\u2019s medical cannabis market and <a href=\"https:\/\/mjbizdaily.com\/connecticut-set-to-launch-recreational-marijuana-market-before-new-york\/\" target=\"_blank\" rel=\"noopener\">upcoming adult-use<\/a>&nbsp;program.<\/p>\n<p>According to a news release, Newtown, Pennsylvania-based Forian, which produces BioTrack, was selected by the state\u2019s Department of Consumer Protection Drug Control Division to provide an inventory of cannabis products and to prevent diversion.<\/p>\n<p class=\"ad-header hide-for-small-only\">Advertisement<\/p>\n<div id=\"in-article-ad-1352677179\" class=\"in-article-ad\"> <\/div>\n<p>All licensed medical and recreational medical companies in Connecticut will be required to log cannabis into BioTrack as it\u2019s cultivated, processed, packaged, tested and sold.<\/p>\n<p>The system will also help with recall efforts if products are deemed unsafe.<\/p>\n<p>State regulators said recently they are aiming for a relatively full launch of Connecticut\u2019s projected $750 million recreational marijuana market by year-end 2022.<\/p>\n<div class=\"columns large-12 medium-12 small-12 con_cta_wrapper\">\n<p><strong>Key insights to inform decisions: MJBizFactbook&nbsp;<\/strong><\/p>\n<div id=\"lp-pom-text-456\" class=\"lp-element lp-pom-text nlh\">\n<p>Say hello to marijuana business data, curated by the editors of <em>MJBizDaily<\/em> to help cannabis industry leaders make informed decisions.<\/p>\n<\/div>\n<div id=\"lp-pom-text-457\" class=\"lp-element lp-pom-text nlh\">\n<ul>\n<li>U.S. marijuana industry financials<\/li>\n<li>Licensing, funding and investment trends<\/li>\n<li>State-by-state guide to regulations, taxes and opportunities<\/li>\n<li>Insights for business and investment strategy<\/li>\n<\/ul>\n<\/div><\/div>\n<p>In September, Forian announced it was <a href=\"https:\/\/mjbizdaily.com\/cannabis-software-company-forian-raising-24-million\/\" target=\"_blank\" rel=\"noopener\">raising $24 million<\/a>&nbsp;in a private placement of convertible notes.<\/p>\n<p>Forian&nbsp;<a href=\"https:\/\/www.prnewswire.com\/news-releases\/forian-launched-through-combination-of-helix-technologies-and-medical-outcomes-research-analytics-301239113.html\" target=\"_blank\" rel=\"noopener\">launched in March<\/a>, the result of a merger of BioTrack and Cannalytics producer Helix Technologies and Medical Outcomes Research Analytics.<\/p>\n<p>The company trades under the ticker symbol&nbsp;<a href=\"https:\/\/www.nasdaq.com\/market-activity\/stocks\/fora\" target=\"_blank\" rel=\"noopener\">FORA<\/a>&nbsp;on the Nasdaq exchange.<\/p>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Connecticut regulators selected BioTrack to provide a marijuana seed-to-sale system to monitor inventory and keep tabs on business transactions in the state\u2019s medical cannabis market and upcoming adult-use&nbsp;program. According to a news release, Newtown, Pennsylvania-based Forian, which produces BioTrack, was selected by the state\u2019s Department of Consumer Protection Drug Control Division to provide an inventory of cannabis products and to prevent diversion. Advertisement All licensed medical and recreational medical companies in Connecticut will be required to log cannabis into BioTrack as it\u2019s cultivated, processed, packaged, tested and sold. The system will also help with recall efforts if products are deemed&#8230; <\/p>\n","protected":false},"author":1,"featured_media":2971,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[2],"tags":[],"class_list":["post-2970","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-featured"],"jetpack_featured_media_url":"https:\/\/thcinct.com\/wp-content\/uploads\/2021\/12\/connecticut-taps-biotrack-for-marijuana-seed-to-sale-tracking-system-marijuana-business-daily.jpg","_links":{"self":[{"href":"https:\/\/thcinct.com\/index.php?rest_route=\/wp\/v2\/posts\/2970","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thcinct.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thcinct.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thcinct.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/thcinct.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2970"}],"version-history":[{"count":0,"href":"https:\/\/thcinct.com\/index.php?rest_route=\/wp\/v2\/posts\/2970\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/thcinct.com\/index.php?rest_route=\/wp\/v2\/media\/2971"}],"wp:attachment":[{"href":"https:\/\/thcinct.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2970"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thcinct.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2970"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thcinct.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2970"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}