If you are in the cannabis industry, you know that governmental compliance and transparency aren’t just good business practices. They’re requirements. Not adhering to transparency regulations leaves cannabis growers vulnerable to hefty monetary penalties and loss of license. In order to avoid these issues, cannabis growers are looking to modern technology to assist in tracking their inventory. Just as its name describes, seed-to-sale tracking systems track cannabis plants from the day they are planted, all the way to when they are put on the dispensary shelf.
If you’re considering investing in a seed to sale tracking system, there are a few factors you should consider. Not all systems are created equal, and you’ll need to consider how important tracking data is to your business. Whether you want to improve your inventory management or improve your customer experience, seed to sell tracking data can be invaluable. The right software will help you understand how to make better business decisions, and it will also help you develop more effective marketing strategies.
The goal of seed to sale tracking software is to maintain supply chain transparency throughout the lifecycle of a cannabis plant, from planting to selling. These systems will also assist state and local governments with tax collection and enforcement, and will prevent illegal cannabis from getting into the supply chain. The software will track everything from seed to sale, from the cultivation of the plants to the testing and packaging of the finished product, and ultimately to consumers. By having complete transparency in the entire supply chain, you can ensure that your products are safe and legal.
Seed to sale software will automate the entire process, so that every step is streamlined and easy to follow. With a simple user interface and clear goals for each step, seed to sale tracking software can ensure your compliance with all applicable laws and regulations. By establishing multiple data collection points throughout the process, the software can help you avoid fines and other issues with the law. Additionally, seed to sale software will help you establish proper conversion rates.