Beginning August third, 2019, Missouri will start accepting functions for cannabis licenses. In accordance with the state’s not too long ago launched remaining cannabis guidelines, to prepared your self and your software, you will have to show how your cannabis dispensary will deal with diversion into the illicit market, stock administration and monitoring, fiscal controls, and extra. Fortunately, many of those points might be addressed with the proper seed-to-sale compliant POS in Missouri.

Learn the way Cova’s cannabis dispensary know-how in Missouri meets all compliance wants.

What A Seed-To-Sale Compliant POS in Missouri Must Have

1. METRC Integration & Reporting

Missouri’s cannabis guidelines state, “If a facility or a facility worker fails to adjust to seed-to-sale monitoring necessities or deliberately misuses or falsifies seed-to-sale monitoring information, the power’s license could also be revoked.” Such a strict penalty is enforced as a result of seed-to-sale monitoring is crucial to a regulated cannabis market. It permits the state to maintain an in depth eye on all cannabis grown, processed, and bought, decreasing the chance of diversion into the black market.

The state requires reporting on:

  • Starting stock
  • Acquisitions
  • Gross sales
  • Disbursements
  • Remediations
  • Disposals
  • Transfers
  • Ending stock
  • Weight of dried, unprocessed marijuana bought, in ounces or grams
  • Concentrates in grams
  • Infused merchandise by milligrams of THC

Cova’s Level of Sale system is totally built-in with METRC (the state’s appointed seed-to-sale software program for Missouri). It generates compliant stories, with all the knowledge the state requires, and integrates straight with METRC so you possibly can submit stories robotically.

2. Precisely Observe Stock and Document of Stock Adjustment

Missouri’s legislation requires “using safety measures and controls…for the prevention of diversion, inversion, theft, or lack of marijuana.” Cova’s POS simplifies dispensary stock reconciliation. The state requires any important stock adjustments to be documented, investigated by administration, and reported to DHHS by means of METRC inside 24 hours of discovery.

When stock ranges change, whether or not that’s as a result of a product bought, it was stolen, or it was broken, as soon as it’s reported in Cova, it’s robotically reported to METRC. Cova tracks all of the gross sales and stock in actual time and supplies visibility to the dispensaries proprietor by means of detailed stories. This enables managers and homeowners to detect fraud/ stock theft and assist forestall diversion.

3. Reliability

Missouri’s legislation is strict on the subject of seed-to-sale monitoring, stock administration, and reporting. In case your dispensary POS is unreliable and plagued with spotty or weak wifi, with the potential to depart gaps in monitoring, your license and enterprise efficiency could possibly be on the road. The state’s legislation states that if the community is down, a medical marijuana dispensary can not course of gross sales, this results in each lack of income and sad prospects.

Cova’s POS is thought for its reliability, even on the busiest days. And even when there was a community interruption, your workers can proceed to make use of the system in offline mode. As soon as the POS is reconnected to the community, it should robotically replace its database.

4. Safety

Missouri requires dispensaries to take care of “the confidentiality of data associated to the medical use of marijuana, together with however not restricted to compliance with the Well being Insurance coverage Portability and Accountability Act (HIPA). By requiring HIPAA compliance, the state is defending personal affected person info from being shared with out permission.

Cova’s POS maintains the confidentiality of all affected person information and information by limiting entry to solely the division and different entities approved by legislation.

5. Document Retaining

In Missouri, dispensary legislation requires {that a} medical cannabis dispensary maintains information for as much as 5 years. With Cova, file protecting couldn’t be simpler. Cova backs up your information no less than as soon as per day to Microsoft Azure and retains that information protected and safe indefinitely, or till the consumer requests or not it’s deleted. If and when the state comes on the lookout for previous information, all Cova prospects must do is export their saved information.

6. ID Scanner

Solely licensed medical marijuana sufferers will be capable to buy cannabis from a dispensary in Missouri. Missouri’s cannabis license software requires a plan for verifying every medical marijuana affected person’s identification earlier than buy. Cova’s POS permits budtenders to scan IDs to Confirm a buyer’s age and ensure the ID is just not expired. Underage prospects or these with an invalid ID won’t be added to the queue or cart for buy.

Cova’s POS additionally confirms the shopper ID within the medical cannabis affected person registry and can confirm the quantity that is still within the affected person’s buy restrict.

7. Buy Restrict Alerts

A physician can certify a medical cannabis affected person for as much as 4 ounces of cannabis per thirty days in Missouri. In the course of the licensing course of, DHHS requires every applicant to clarify how they plan to implement buy limits accordingly. Fortunately, Cova makes this a part of the appliance straightforward.

Cova’s POS buy restrict monitoring communicates with METRC to confirm and replace the acquisition restrict that is still for every buyer. It ensures no buyer will be capable to buy greater than Four ounces of dried, unprocessed cannabis inside a 30-day interval. The system may even calculate product equivalencies robotically and never enable gross sales that exceed the regulatory limits.

Occupied with making use of for a cannabis license in Missouri? Request a free demo to Cova to see how our seed to sale compliant POS for Missouri can meet your software wants.