The cannabis industry is experiencing rapid growth, with global sales projected to reach $33.6 billion by 2025. However, managing a cannabis operation can be complex due to varying laws and compliance requirements at both the state and provincial levels in the United States and Canada. Many operators still rely on manual methods such as Excel, whiteboards, or notebooks to track various aspects of their business, from strain harvests to employee labor, shipping, logistics, and sales. To remain compliant and improve efficiency and profitability, tech-enabled comprehensive solutions are available to streamline these processes.
Automating the Supply Chain:
- Cannabis companies need robust inventory and supply chain management systems to track products from seed to sale, ensuring compliance.
- Automation through software tailored to the operation’s needs can optimize workflows, make informed decisions, and predict issues, freeing operators to focus on strategic planning.
Improved Product Quality and Consistency:
- Automation enhances product quality and consistency while reducing costs.
- It ensures compliance by tagging plants correctly, managing cannabinoid levels, and ensuring accurate packaging labels.
- Standard Operating Procedures (SOPs) can be standardized across the organization, improving quality control and customer satisfaction.
Workflow Management for International Operations:
- Companies operating in both the United States and Canada, with varying regulations and compliance requirements, benefit from efficient workflow management.
- Automation reduces errors, streamlines processes, and helps businesses stay on track with their growth goals.
The Role of Regrow:
- Regrow is a cloud-based inventory and supply chain management platform designed specifically for the cannabis industry.
- It helps manage inventory, increase yields, automate workflows, manage the workforce, and ensure compliance throughout the supply chain.
- Regrow connects cannabis operators to their data, automates workflows, tracks chain of custody, ensures SOP adherence, and provides performance analytics.
- The platform is configurable to specific business needs and adaptable to scaling objectives, simplifying operations in both the United States and Canada.
In the fast-evolving cannabis industry, adopting technology solutions like Regrow can significantly enhance efficiency, compliance, and profitability for cannabis businesses across North America.
By FCCT Editorial Team