Over 500 Arrested in Los AnglesJared Younker
Last week, prosecutors in Los Angeles filed 120 marijuana cases against 515 people. The 105 businesses targeted include pot shops, delivery services and growing operations. City Attorney Mike Feuer said Friday that police and his office continue to target the hundreds of businesses that aren’t complying with local and state rules since recreational pot sales became legal in California this year.
Police Chief Michel Moore says hundreds of illegal businesses remain, but the charges serve as a warning to others that the city will take action. Those charged face up to six months in jail and $1,000 fines.
In the heavily-taxed cannabis industry, business owners cannot afford the liability of inconsistent inventory and sales recording being reported to the overseeing state agencies. Cannabis businesses need a solution that provides real-time oversight of operations and alerts when inconsistencies arise. M7 Compliance offers the comprehensive solution to cannabis compliance needs.
AS OF JULY 1, 2018: All state-issued annual cannabis licenses are required to use the CCTT-METRC system to record, track, and maintain information about their cannabis and cannabis-product inventories and activities. The California Cannabis Track-and-Trace (CCTT) system is the program used statewide to record the movement of cannabis and cannabis products through the commercial cannabis supply chain-from cultivation to sale. The state’s contracted service provider for the CCTT system is the technology company Franwell, Inc., using the METRC software program-the same program now used in Colorado, Oregon, Alaska, and Nevada for their cannabis programs.
While METRC is required for tracking, it does not offer any of the operational tools needed by cannabis businesses (Point of Sale, Time Clock, Payroll, Accounting, Reporting and Oversite capabilities). M7 Compliance is the most robust, all in one, seed to sale system in the marketplace. The system easily integrates with METRC. From the seed of your business to the financials concerning your CPA; M7 Compliance is truly a solution for cultivators, manufacturers, distributors, storefronts and their CPA’s alike.
ManifestSeven COMPLIANCE FEATURES:
- Integrated Business Solutions: Accounting, Inventory Control, Invoicing, Payroll, POS, and CPA-Ready Reporting
- METRC Approved for CCTT
- Customer Relationship Management (CRM) tracks all client activity
- Live Oversight of Inventory and Operations
- Accounting and Reporting, Unlimited Invoices, Payments, Statements, Expenses, Digital Time Cards & More
- Secured Document Server: Upload documents and photos, or scan in all your documentation to be viewed at any time for a “paperless” office