Cannabis Industry Technologies that Bring Sustainability

Most enterprise cannabis business executives are already funding cutting-edge technologies to encourage business growth and preserve their competitive edge, as technology plays a major part in helping operators maintain their commitments to sustainability.

FERMONT, CA: Cannabis businesses that invest in employing sustainability will gain major competitive advantages as consumers' shopping patterns and investors' decisions turn more impacted by sustainable and ethical business practices. Cannabis businesses may utilize technology to enhance their environmental, social, and governance (ESG) performance and their bottom line by embracing digital transformation.

Technologies bringing sustainability to the Cannabis Industry

For digital transformation concepts, the cannabis business has aimed at related, parallel industries. Ensuring the lead of traditional agriculture and food/beverage industries, skilled cannabis operators are adopting new technologies such as RFID, environmental controls, and business management software to establish a digital ecosystem that supports sustainability and profitability.

RFID and Barcoding

Using RFID and barcoding in plants and packaging substantially removes pen and paper, manual data entry, and human mistakes. This is crucial for improving efficiency across the entire supply chain.

Environmental controls

Making investments in an environmental control system that can not only automate the environment but also offer programs that can act as per the requirements of the plants and even forecast specific events like watering or feeding cycles can greatly decrease costs and waste linked to staff, water usage, lighting, waste, and more.

Business management software

Software, particularly cannabis ERP software, might be the most useful asset for many cannabis firms. ERP is usually the fundamental nervous system of cannabis operators, incorporating traceability, compliance, and essential operational processes with the possibility to integrate other technology (RFID, barcoding, environmental controls, warehousing, and so forth) for a full data set in one solution.

While these are just a few illustrations of technology that can support sustainability, dozens more technologies can help with supply chain clearness in this digital transformation era. For example, operators may use current traceability technology to turn mandated compliance requirements into benchmarking data, realize efficiencies, enhance sustainability, and boost bottom lines.