Last Week’s Hemp Commentary

QMS

 Forward looking CBD companies have Quality Management Systems (QMS) integrated in their operations, regardless of state or federal requirements.  Only a handful of states require a QR code added to the label, allowing customers to see what is in the product, where it was produced, and a third-party analysis.  Track and trace systems need to be implemented industry wide, but many of the thousands of retail CBD brands do not take advantage of this technology.

QR codes that resolve to a third-party domain are much more desirable from a customer or regulator’s perspective.  Some labs provide this, allowing buyers of wholesale lots to independently verify analysis on their servers.  This should be extended to the retail arm of the cannabinoid trade to build…