Justin Trouard thought he was doing a favor when he agreed in January to have a look at the books of a struggling, licensed Colorado marijuana cultivation firm to see if he might assist flip the enterprise round.
As an alternative, the CEO of licensed outside cultivator Mammoth Farms stumbled onto “the blueprint for the way to launder marijuana” out and in of the state’s regulated business, he informed MJBizDaily.
Whereas analyzing the cultivator’s track-and-trace information in Metrc, a broadly used software program program that’s Colorado’s mandated seed-to-sale compliance software, Trouard seen some suspicious exercise.
- In a single column, the corporate reported buying 25 kilos of hashish flower from an unidentified cultivator for $16,250. That’s a traditional transaction at Colorado’s common market costs in 2025.
- In one other column in the identical row, the corporate entered what it claimed to have executed with the market-rate flower: The hashish was bought to a different cultivator, however this time as flower supposed for extraction into distillate for vaporizer cartridges – for $20.
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