Cannabis Grading Systems and Wholesale Marketplaces
As with any business or industry, problems create the potential for solutions.
Investors would do well to carefully consider how technologies can reduce friction from production through the point of sale while also anticipating burgeoning market sectors and considering how a fully legal market might change the value proposition for certain technology platforms.
Whether you want to retain a loyal customer in the recreational market, a medical patient, or to simply catch more of the curious newcomers, there is one area of your business that is most likely to determine if you can close the loop to retain the extremely valuable repeat customer.
Long gone are the days of cannabis farmers scribbling illegible notes on stained notepads in the grow room. Today there is a growing marketplace of community-driven, expert-developed grow applications for mobile devices. Now, thanks to recent advancements in cloud-based technology, and our increasing obsession with mobile technologies, a cultivator can see everything they need to know about their crop all in one place.
Quality control protocols, onboarding policies, standard operating procedures... Getting into the cannabis sector wasn't supposed to be about pushing paperwork; it was supposed to be about growing premium crops. How did it become a bureaucratic nightmare?