According to a report by Globe Newswire, the global cannabis industry was worth a staggering 20.8 billion in 2021 and is expected to attain a market worth of $197.75 billion by 2028, with a CAGR of 32.04% between 2022 and 2028. With the cannabis industry growing in leaps and bounds, investors…
Are you wondering how a Seed-to-Sale ERP system can benefit your Cannabis business? You are not alone. As a growth-centric player in the Cannabis industry, you must be privy to the need for streamlined operations and continual regulatory compliance. Regardless of your position in the Cannabis Supply Chain, you will…
An effective Digital Transformation aims to have a consolidated view of operations, processes, data, and people across an entire organization. It enables businesses to make sound decisions and optimize resources at every stage in the value stream. To achieve a successful Digital Transformation, enterprises need to adopt a Cloud based…
Financing is just one of a list of challenges facing the cannabis industry today. Because Cannabis remains a Schedule 1 controlled substance at the federal level, it creates hurdles for businesses in the cannabis industry. The robust economic input and job creation has led to an uptick in acquisitions. Despite…
As an owner or manager in the Cannabis Business, it is imperative to be able to optimize and manage the internal supply chain to ensure that your business is running efficiently and profitably. The cannabis industry is growing rapidly, and competitors are entering the market on almost a daily basis. …
Consider the following factors when choosing an integrated Seed-to-Sale Cannabis ERP system Are you seeking to streamline accounting functionality, task management, and internal supply chain operations while meeting Cannabis business compliance? Then you stand to benefit by implementing a true Seed-to-Sale Cannabis ERP system. A Seed-to-Sale enterprise resource planning system,…
The cannabis industry is among North America's most rapidly growing industries, thanks to the widespread decriminalization and acceptance of cannabis in the US. With that growth comes a need for better and more efficient systems to manage the cultivation, processing and dispensing of cannabis, thus, the advent of Seed-to-Sale software…
Supply Chain challenges are affecting many industries today and the Cannabis Industry is no exception. So how do these challenges and disruptions impact Cannabis businesses and what remedies can streamline the supply chain? This article looks at the top supply chain challenges in the cannabis sector to highlight how you…
Cannabis businesses share the modern environment of extremely high data security risk. The cannabis industry occupies a unique spot when it comes to user data security. Depending on your place in the supply chain, the secure data handled by your cannabis business can include employee personal and financial information, private…
Data analytics is a vital tool for any business or industry, and the Cannabis industry is no exception. Analytics offer insight into large and often disparate systems. Businesses can make sense of trends, track responses to activities, and even sometimes predict the future with “predictive analytics”. Many Businesses Intelligence (BI)…
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