Posts Tagged ‘Presented’

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).











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Silicon Valley-Based University ITU to Sponsor the 2012 Symposium of Ideas; an Event Presented by Infuse Entrepreneurship Foundation











Infuse Entrepreneurship Foundation


San Jose, CA (PRWEB) May 09, 2012

ITU (International Technological University), a graduate university based in Silicon Valley, will be sponsoring the 2012 Symposium of Ideas presented by Infuse Entrepreneurship Foundation on Friday, May 11, 2012. The Event will be hosted at the Brocade Amphitheatre in San Jose from 6pm – 9pm. Tickets may be purchased at the door for $ 5 and it is expected that 120 attendees will be present. The event is open to the public.

The Infuse Entrepreneurship Foundation sponsors entrepreneurial projects for students of inner-city schools which provide students with hands-on experience developing product-based businesses that solve a social or economic problem. Students this year were challenged to develop their product solutions with a green or clean technology.

During the 2012 Symposium of Ideas, students will present their final projects to a panel of judges, including:

    Treb Ryan, CEO of OpSource
    Amie Gray of Data Key Consulting
    Paul Whitney of Data Direct Networks
    Ian MacDonald of Infinera Corporation
    Kevin Stizes, Co-Founder and COO of Moonblink Communications
    And Darlene Tennes, Founder of CassQ.

Students will be competing for the opportunity to win scholarships as well as coveted internships with Silicon Valley Green and Biotechnology Firms. Three of those internships will be with Silicon Valley based graduate university, ITU.

“I have been a guest speaker at ITU on prior occasions,” said Angele Jean Thomas, Founder of Infuse Entrepreneurship Foundation. “By offering internships to our high school students, students can witness firsthand, through ITU’s global business model, how they can create their very own companies.”

As a part of their commitment to innovative educational solutions, ITU supports entrepreneurial students in bringing their ideas and technologies to market. An in-house patent and ownership policy and process framework and leading industrial expertise helps students develop their research, patent their innovations, and build a successful business model.

About ITU

With seven strong departments providing high quality academic and practical training, ITU offers distinctive graduate level certificates, Master’s, and doctorate level programs in electrical engineering, computer/software engineering, engineering management, international business, interdisciplinary sciences, and digital arts. ITU degree programs aim to educate competent engineers, managers and administrators with a deep understanding of professional ethics, intellectual property law, environmental protection and other contemporary issues.

ITU has been granted candidacy status by the Accrediting Commission for Senior Colleges and Universities of the Western Association of Schools and Colleges (WASC) and is also recognized by the Bureau of Private Postsecondary Education (BPPE),. WASC Candidacy status places ITU among the recognized list of institutions on the U.S. Department of Education’s database of recognized institutions of higher learning and the Council for Higher Education’s Listing of Accredited and Candidate Institutions (CHEA).











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