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Glossary

Metrc

The track-and-trace system of record in most US cannabis states (Michigan, California, New York and others). Tracks packages by tag, transfers by manifest, and retail sales as receipts. BudAlly uses it as the spine of the ledger in Metrc states.

Why it matters for reconciliation: Metrc is the record the state trusts, so a store's POS and shelf are tested against it. Because it tracks quantity, not money, the finance side has to be joined to it by tag.

Example: a Michigan store reconciles each day by matching POS tickets to Metrc receipts, each week by counting rooms against Metrc packages, and every 30 days by tracing any remaining difference from receiving through sales to adjustments. The state pages for California and Michigan list what each requires.