Posts Tagged ‘Colorado’
August 31, 2014 | 
Author Cathy Jolley, METRC to discuss Brookings Institute Report and Colorado, A Case Study for Marijuana Industry Regulators, to be presented at ICA Conference, Oct. 11-12, NY
New York, New York (PRWEB) August 23, 2014
Colorado’s Regulatory Recipe for Retail Marijuana: First of Six Essential Ingredients
Part of the legislative mandate surrounding the implementation of Amendment 64, at the behest of the Implementation Task Force, was to use a state-of-the-art “inventory control and tracking” system. In response, the Colorado Department of Revenue promulgated Rule R 309, outlining the new system, formally called Marijuana Inventory Tracking Solution (MITS) and often referred to as the seed-to-sale tracking system.
MITS is a web-based system, developed by Franwell, Inc. (now named Metrc) that interfaces with a system of plant-based tags that rely on a radio frequency identification system. Every plant in the market must be individually tagged and tracked as it moves through the commercial growth and distribution chain.
“The system is widely considered one of the most advanced in the marijuana industry and is used to track product, limit diversion, improve regulatory compliance, and discourage improper market behavior.” Brookings Institute Report
“The MITS system helps the state in a multitude of ways. The system offers the state the ability to track product in ways that far surpass product tracking in most other commodity markets in the U.S.” Brookings Institute Report
“The MITS system also allows the state to collect and analyze data that help improve and streamline enforcement efforts and compliance investigations.” Brookings Institute Report
“In many ways, the MITS system is the backbone of Colorado’s regulatory structure governing legalized marijuana. If effective, it helps businesses and regulators guard against shady practices, while helping keep at bay a federal government that is closely watching enforcement and compliance.” Brookings Institute Report.
For more information on the seed to sale tracking system referenced in the Brookings Report –
http://www.brookings.edu/research/reports/2014/07/colorado-marijuana-legalization-succeeding
July 31, 2014
MITS(now named Metrc, Marijuana Enforcement Tracking Reporting and Compliance)
a Franwell business, please contact Cathy Jolley at cathy.jolley(at)franwell(dot)com (615.305.4721).
Attachments
©Copyright 1997-
, Vocus PRW Holdings, LLC.
Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.
Find More Commodities Press Releases
Posted in Commodities | 
Tags: 1112, Brookings, Case, Cathy, Colorado, Conference, Discuss, Industry, Institute, Jolley, Marijuana, METRC, Oct., Presented, Regulators, Report, Study | 
No Comments »
Colorado Installs World’s Highest Zip Line at Royal Gorge Bridge & Park
Canon City, Colorado (PRWEB) February 04, 2012
Rocky Mountain high brings on new meaning for Colorado, Spring 2012, as the Royal Gorge Bridge and Park, Canon City, house to one of the world’s highest suspension bridges, and hosting over 25 million visitors because 1929, installs its newest thrill seeker attraction, the Soaring Eagle Zip Line racing 1,400 feet over granite walls a thousand feet high.
The Soaring Eagle is beneath construction now according to Mike Bandera, Vice-President and Common Manager, and will be prepared for the public as early as the finish of April 2012. “We can hardly wait,” said Bandera. “We identified the excellent thrill ride that enhances the excellent experiences of the Royal Gorge Bridge & Park, and it is household-friendly.”
Sitting on the North side of the Royal Gorge Bridge, The Soaring Eagle Zip Line will be perched on a 1,000 foot granite wall. Two zip lines carrying two riders every single zip 700 feet over canyon walls from 1,000 to 800 feet above the Arkansas River, and then zip back at roughly 35 miles per hour. In contrast to a typical canopy type zip line tour, riders are secured into a “chair” that offers guests freedom of movement for the arms and legs.
“It’s sister attraction, the Royal Rush Skycoaster, has had tremendous achievement at the park and has not only been a excellent organization decision, but an incredibly well-known venue with our guests, and the Soaring Eagle will be just a thrilling and common,” mentioned Bandera. The Royal Rush has proven to be an internationally acclaimed thrill ride. Guests swing out from a 100 foot tower, and over the Royal Gorge, about 1,200 feet below. The Royal Rush and The Soaring Eagle are both additional pay attributes in the park.
Stan Checketts, Soaring Eagle attraction designer, Logan, Utah, has produced numerous rides for the attractions industry safely thrilling more than 1 billion patrons globally. He stated, “the beauty of this ride is the fact that it really is a 1,000 feet up in the air, that in itself provides you a distinct perspective.” Checketts, creator of the Huge Shot on top of the Stratosphere Hotel in Las Vegas, mentioned “it’s the exact same principle as that ride, it is a great ride on the ground, but you put it a thousand feet in the air, and you’ve got a complete new dimension.”
“The gorgeous thing about the Soaring Eagle is you can ride with your date, or your grandchild side by side,” he mentioned. Checketts has installed numerous Soaring Eagles, and this will be the ninth in the world. “There is no doubt in my mind that this is the world’s highest Soaring Eagle!”
The Royal Gorge Bridge & Park is a all-natural attraction recognized for it’s majestic Colorado scenery given that 1929 when Canon City built the world’s highest suspension bridge. The attraction just an hour south of Colorado Springs is a single of the premier attractions in Colorado according to attendance records and longevity. The park also houses a single of the world’s steepest Incline Railways,and one particular of the world’s longest single-span Aerial Tram’s. The park adds a dozen far more rides, shows, and attractions for the tourist season in this mountain setting which begins the last week in April. For much more data go to http://www.royalgorgebridge.com, or call 888-333-5597.
###
©Copyright 1997-
, Vocus PRW Holdings, LLC.
Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.
Connected International Enterprise Press Releases