The cannabis industry is growing but the pace of growth is slow owing to countless obstacles standing in way of the companies operating in this domain. From operational inefficiencies to customer dissatisfaction to lack of expertise and scientific knowledge through regulatory and compliance challenges, cannabis companies have too much to handle. Generic technologies that can’t scale based on the requirements add to the pain. What they need is an array of flexible technologies and expert talent with the right skills to streamline various business functions. Efficient technologies tailored for the cannabis industry will not only improve compliance performance but also support the firms in enhancing security, IP, and brand value.
The latest technologies have arrived in the horizon bearing the promise of agility, high performance, profit, and value in the cannabis expanse. For instance, AI, robotics process automation, and predictive analytics can help firms better understand market needs and develop relevant products. Not to mention these technology solutions enable firms to optimize supply chain, sales, and customer satisfaction. What’s more, the availability of smart solutions allows the decision makers to innovate new business models and make more gains while delivering high value to the target audience. Interestingly, blockchain has emerged as a key technology that promises to redefine the cannabis industry. Through smart and secure payments and foolproof supply chain, blockchain ensures its users remain free from all types of fraud and business loss. In this edition of Food and Beverages Tech Review, we bring to you top cannabis solutions companies that are taking the technology world by storm in the cannabis space.
The companies mentioned in the list demonstrate high customer value and greater compliance performance in the domain. We bring to you “Top 10 Cannabis Tech Solution Companies - 2021.”