New York marijuana regulators temporarily delayed the launch of track-and-trace requirements for its $1.5 billion market late on Tuesday.
The state Office of Cannabis Management’s abrupt pause followed news of a “strategic partnership” between BioTrack, New York’s selected provider for seed-to-sale tracking, and Metrc, Biotrack’s erstwhile main competitor.
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Metrc and Biotrack are the two main providers of track-and-trace systems to state regulators, who rely on the information about product flow to crack down on the illicit market.
According a Tuesday announcement, a new entity, called BT Government Inc., will take over “BioTrack’s government-facing operations and will operate independently from Metrc and BioTrack.”
BT Government will be led by Moe Afaneh, BioTrack’s chief operating officer, the announcement said.
Further details, such as terms of
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