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Justin Trouard thought he was doing a favor when he agreed in January to look at the books of a struggling, licensed Colorado marijuana cultivation company to see if he could help turn the business around.
Instead, the CEO of licensed outdoor cultivator Mammoth Farms stumbled onto “the blueprint for how to launder marijuana” in and out of the state’s regulated industry, he told MJBizDaily.
While examining the cultivator’s track-and-trace records in Metrc, a widely used software program that’s Colorado’s mandated seed-to-sale compliance tool, Trouard noticed some suspicious activity.
In one column, the company reported purchasing 25 pounds of cannabis flower from an unidentified cultivator for $16,250. That’s a normal transaction at Colorado’s average market prices in 2025.
In another column in the same row, the company entered what it claimed to have done with the market-rate flower: The cannabis was sold to another cultivator, but this time as flower intended for extraction into distillate for vaporizer cartridges – for $20.
This article was originally published on MJBizDaily, click here to read more.
“}]] The CEO Mammoth Farms stumbled onto ‘the blueprint for how to launder marijuana’ in and out of the state’s regulated industry, he told MJBizDaily. Read More
