In the North American legal markets, the vast majority of cannabis operations run on paper and spreadsheets.
Access to information is all-important when it comes to running a business quickly and smoothly, and paper-based systems create unnecessary slowdowns as every question leads to a long chase down a paper trail to find the right answer.
Furthermore, if records are kept on paper forms at the original point of contact, every piece of information is stuck at that point and needs to be hunted down one by one.
And the cannabis industry is by nature multifaceted, so many departments are searching for information at the same time: cultivators must communicate to processors who must, in turn, communicate with sales and finance teams and so on, and everyone needs to be looking at the same real-time information for the operation to run successfully.
Rather than recording elsewhere and then wasting time with data entry, all data is immediately recorded into one system where it is organized, collated, and immediately available for vital processes such as data analytics to keep cannabis businesses up-to-date with analytics- and AI-driven competitors.
With a single digital recordkeeping platform, that company can search through a program in just a few seconds, and have access to everything from the conditions that it grew in and so on.
Digitizing operations enables a business to start adopting ‘lean manufacturing’, a production process that allows companies to figure out where resources can be optimized — helping them to maximize productivity while simultaneously minimizing waste.
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