Growth introduces complexity faster than most teams expect.
More rooms. More plants. More people. More movement. The systems that worked at a smaller scale begin to show gaps. Teams rely on workarounds. Data becomes delayed. Leadership starts asking questions that take too long to answer.
This is where many cultivation teams lose visibility.
Scaling is not just about producing more. It is about maintaining clarity as operations expand.
Loss of visibility does not happen all at once. It builds gradually.
A spreadsheet here. A compliance tool there. Manual updates layered in between. Each piece works independently, but together they create gaps.
When data lives in multiple places, confidence drops. Plant counts, yields, movements, and adjustments require constant verification.
Operators that scale effectively are not managing disconnected tools. They are working from a single source of truth where cultivation, inventory, and compliance are aligned.
When teams can see what is happening as it happens, they operate differently.
They know what is moving through cultivation. They know what is ready for production. They can identify issues early instead of reacting later.
At the same time, compliance remains aligned with METRC without adding extra steps.
This is not about increasing workload. It is about improving how existing work is captured and used.
As operations grow, many teams feel forced to choose.
Move quickly and risk inaccurate data, or slow down to maintain control.
Operators that scale successfully do not make that tradeoff. Their systems are designed so data is captured as part of the workflow, not added after the fact.
That is how speed and accuracy coexist.
At scale, leadership needs clear insight without relying on multiple teams to piece together information.
Performance, yields, and inventory should be visible without delay or manual consolidation.
When reporting is tied directly to operational data, it reflects reality instead of approximations.
If your cultivation operation is expanding and it is becoming harder to see what is happening day to day, it is a sign your systems are no longer supporting your growth.
The operators who continue to scale successfully are the ones who build visibility into their foundation.
If your team is still relying on spreadsheets, disconnected compliance tools, and separate accounting systems, there is a more effective way to operate.
Schedule a demo and see how 365 Cannabis brings cultivation, compliance, and finance together in one system.
For cannabis cultivators, yield is one of the most important metrics, but it is often misunderstood. Increasing yield is not simply about producing more plants or pushing for higher output. It is about maximizing the value of what is already being grown while maintaining quality and controlling costs.
Many operators focus on expansion as a way to increase production, but this approach can quickly drive up expenses. More space, more labor, and more inputs all add to the cost of cultivation. Without the right level of control and visibility, higher output does not always translate to better margins.
Improving yield in a sustainable way requires a deeper understanding of how cultivation processes impact both output and efficiency.
Yield loss does not usually come from one major issue. It is often the result of smaller inefficiencies that add up over time. Inconsistent processes, inaccurate tracking, and limited visibility into plant performance can all contribute to lower than expected output.
When data is tracked manually or across disconnected systems, it becomes difficult to identify where these inefficiencies exist. Teams may not have a clear view of which strains are performing best, how environmental factors are impacting growth, or where losses are occurring during harvest.
Without reliable data, improving yield becomes a guessing game rather than a strategic process.
To improve yield without increasing costs, cultivators need accurate and timely data that reflects what is happening in real time. This includes tracking plant performance, monitoring inputs, and capturing harvest results in a way that is easy to analyze.
Consistency is also critical. Standardized processes help ensure that plants are grown and handled the same way across cycles, reducing variability and improving overall output.
It also requires connecting cultivation data to broader operational insights. When teams can see how yield impacts inventory, production, and financial performance, they can make more informed decisions about how to optimize their processes.
Improving yield is not about working harder, it is about working smarter with better information.
365 Cannabis provides a connected platform that allows cultivators to track plant data, monitor harvest results, and manage inventory within a single system. Built on Microsoft Dynamics 365 Business Central, it brings cultivation, compliance, and operations together in a way that improves visibility and control.
With features like touchless harvest, teams can capture accurate weight data in real time without relying on manual entry. This ensures that harvest results are recorded consistently and reduces the risk of errors.
Because the system integrates with compliance platforms like Metrc, cultivation data remains aligned with reporting requirements without additional effort. This creates a seamless flow of information from plant tracking through harvest and into inventory.
By centralizing this data, operators can analyze performance across strains, cycles, and locations, making it easier to identify opportunities for improvement.
When cultivators have better visibility into their operations, they are able to make more targeted improvements. Instead of increasing inputs or expanding capacity, they can focus on optimizing existing processes to get more value from each cycle.
This leads to higher yields without a corresponding increase in costs. Teams can reduce waste, improve consistency, and make adjustments based on real data rather than assumptions.
Over time, these improvements contribute to stronger margins and a more efficient cultivation operation.
As cannabis cultivation becomes more competitive, operators need to find ways to improve performance without significantly increasing expenses. Yield optimization is one of the most effective ways to achieve this, but it requires the right systems and data to support it.
By moving to a unified ERP platform, cultivators can gain the visibility and control needed to make smarter decisions and drive better outcomes. For teams looking to improve yield while maintaining cost discipline, exploring a solution like 365 Cannabis is a practical step toward building a more efficient and scalable operation.
Spreadsheets are often the first tool cannabis operators rely on to manage their business. They are flexible, familiar, and easy to set up, which makes them a natural choice in the early stages. Teams use them to track inventory, manage production data, and fill in the gaps between systems that do not fully connect.
At a small scale, this approach can work. Information is relatively easy to manage, and teams can keep things organized with a bit of extra effort. The problem is that spreadsheets were never designed to support complex, fast moving operations, especially in a highly regulated industry like cannabis.
As the business grows, what once felt manageable starts to become overwhelming.
As more data is added and more people rely on the same information, spreadsheets quickly become harder to maintain. Multiple versions begin to circulate, updates are not always synchronized, and it becomes difficult to know which file reflects the most accurate information.
This lack of consistency creates confusion across teams. Inventory numbers may not match between departments, production data may be incomplete, and compliance reporting becomes more complicated. Instead of working from a single source of truth, teams are constantly reconciling differences.
Manual data entry also becomes a significant burden. Employees spend hours updating spreadsheets, copying information between systems, and double checking their work. This not only slows down operations but also increases the risk of human error.
Over time, spreadsheets shift from being a helpful tool to a source of inefficiency.
As cannabis businesses expand, they need systems that can handle increasing complexity without adding more manual work. Scalable operations rely on accurate, real time data that is accessible across the organization.
This means having a single platform where inventory, production, compliance, and financial data are all connected. When information flows automatically between departments, teams can operate more efficiently and make decisions based on current data.
It also means reducing reliance on manual processes. The more that systems can handle data capture and updates, the less time employees need to spend on administrative tasks.
Scalability is not just about growth, it is about maintaining control as the business becomes more complex.
365 Cannabis provides a unified ERP platform that brings together the core functions of a cannabis operation into one system. Built on Microsoft Dynamics 365 Business Central, it connects inventory, compliance, cultivation, manufacturing, and finance in a way that eliminates the need for disconnected spreadsheets.
Instead of tracking information across multiple files, teams can rely on a single source of truth that updates in real time. Inventory movements, production activities, and financial transactions are all recorded within the same system, reducing inconsistencies and improving accuracy.
Because the platform integrates with compliance systems like Metrc, reporting becomes part of everyday workflows rather than a separate task. This removes the need to manually transfer data and reduces the risk of errors.
The result is a more streamlined operation where teams spend less time managing data and more time focusing on growth.
When operators move away from spreadsheets and into a centralized system, the impact is immediate. Teams no longer need to search for the latest version of a file or reconcile conflicting data. Instead, they can trust that the system reflects what is actually happening across the business.
Processes become more consistent, communication improves, and decision making becomes faster. Managers gain better visibility into operations, allowing them to identify opportunities for improvement and respond more quickly to challenges.
This shift creates a foundation that supports long term growth without increasing complexity.
Letting go of spreadsheets can feel like a big change, especially for teams that have relied on them for years. However, as operations scale, the limitations become harder to ignore. The time and effort required to maintain them often outweigh the benefits.
By moving to a unified ERP platform, cannabis operators can simplify their workflows, improve data accuracy, and create a more scalable business. For teams that are ready to move beyond manual processes and gain better control over their operations, exploring a solution like 365 Cannabis is a practical next step that can make a measurable difference.
Harvest is one of the most labor intensive and time sensitive stages in cannabis cultivation. Teams are moving quickly, managing large volumes of plants, and trying to capture accurate data at the same time. Every step matters, and even small mistakes can create downstream issues in compliance, inventory, and reporting.
Traditionally, this process involves a mix of manual weighing, handwritten notes, and delayed data entry. While it may feel manageable on a small scale, it becomes increasingly difficult to maintain accuracy and efficiency as operations grow. The faster teams move, the more room there is for error.
In many cultivation environments, harvest data is still collected manually and entered into systems later. This creates a disconnect between what is happening in real time and what is reflected in the system. By the time information is entered, there is already a risk that something has been missed, misread, or recorded incorrectly.
This delay also impacts compliance. Cannabis operators are required to maintain accurate and timely reporting, often tied directly to systems like Metrc. When data is captured manually and entered later, the risk of discrepancies increases, making audits more stressful and time consuming.
Labor is another major factor. Teams spend valuable time writing down weights, transferring information, and double checking entries instead of focusing on the harvest itself. Over time, these inefficiencies add up, increasing costs and slowing down operations.
As cultivation operations scale, the harvest process needs to evolve with them. Instead of relying on manual entry and disconnected workflows, teams need a way to capture data instantly and accurately as the work is happening.
This means reducing touchpoints, minimizing human input where possible, and ensuring that every action is recorded in real time. When data flows directly into the system without delay, teams can move faster while maintaining confidence in their numbers.
A more efficient process also supports compliance by ensuring that information is accurate and aligned with reporting requirements from the start. This removes the need for backtracking and corrections later.
365 Cannabis introduces a touchless harvest workflow that allows cultivation teams to scan plant tags and capture weights with minimal manual input. Instead of writing down information and entering it later, data is recorded instantly within the system as plants are processed.
This approach reduces the number of steps required during harvest, allowing teams to move more efficiently without sacrificing accuracy. Because the system is integrated with compliance tools like Metrc, the data collected during harvest is already aligned with reporting requirements.
By eliminating manual entry, the risk of human error is significantly reduced. Teams no longer need to worry about transcription mistakes or missing data points, and managers gain immediate visibility into harvest results as they happen.
When touchless harvest is implemented, the difference is noticeable right away. Teams are able to process plants faster because they are not stopping to record information manually. This improves throughput without increasing labor demands.
Accuracy also improves across the board. Because data is captured directly at the source, there is less opportunity for discrepancies to occur. This leads to cleaner records, smoother compliance reporting, and fewer issues during audits.
From a management perspective, real time visibility into harvest data allows for better decision making. Instead of waiting for reports to be compiled, operators can see results as they happen and adjust as needed.
Harvest will always be a critical and demanding part of cannabis cultivation, but the way it is managed can make a significant difference in efficiency and accuracy. Manual processes may work at a small scale, but they introduce risk and inefficiency as operations grow.
Touchless harvest provides a more modern approach by reducing manual input, improving data accuracy, and aligning workflows with compliance requirements from the start. It allows teams to focus on the work that matters while the system handles the data behind the scenes.
Q4 is a sprint for every industry, and cannabis is no exception. As cultivators move through their Croptober yields, the focus shifts to fulfilling retail orders, supporting multi-location partners, and keeping profits intact. Yet the pressure on dispensaries to run aggressive holiday promotions, deep discounts, and BOGO deals creates a ripple effect upstream. Wholesale prices tighten, margins shrink, and growers are left fighting to stay profitable during the busiest sales season of the year.
Protecting those margins is a key survival strategy for everyone in the cannabis industry. The entire cannabis supply chain is feeling the squeeze, from cultivators to distributors to retailers. The good news is that there are ways to preserve profits while maintaining your reputation as a premium, in-demand brand. Here is how cultivators can safeguard revenue, strengthen retail relationships, and finish the year with a stronger bottom line.
Medicated products carry higher costs for movement, verification, and compliance processing, which can eat into your profit with every sale. When dispensaries ask for promotions like BOGO or BOGO50 on flower or infused products, it often means cultivators are giving away expensive inventory just to stay competitive.
Instead, consider non-medicated promotions that still excite consumers without cutting into your margins. Branded glass, lighters, rolling trays, or apparel can extend your brand presence beyond the shelf while keeping your profit per gram intact. Coveted items like dab rigs or nicer glass can create gift sets perfect for the holiday season. With the right planning and lead times, these non-medicated promos create a holiday buzz that boosts sales and loyalty without giving away your most valuable products.
Instead of spending on giveaways, put that budget toward people. Pop up events are one of the most effective ways for cannabis cultivators to build relationships, educate consumers, and boost sales during the holiday season. By allocating labor hours toward field marketing instead of product discounts, you create lasting brand impressions that translate into stronger retail performance.
Get your brand ambassadors in stores, events, and anywhere consumers are shopping. Have them share what makes your genetics, growing practices, or formulations different from the rest. Every conversation adds brand value, strengthens staff recommendations, and keeps your products top of mind long after the pop-up ends.
It may seem like a small move, but physical presence often outperforms price cuts when it comes to building loyalty and driving repeat sales.
Wholesale relationships matter most during the holidays. Dispensaries stock up early for gift shoppers and tourist traffic, but they also expect quick replenishment when products sell fast. With forecasting and Available to Promise tools built directly into your ERP, cultivators can see what inventory is ready, what is in production, and what can be committed to future orders without stretching supply too thin.
This visibility makes it easier to give retail partners accurate timelines and avoid last minute surprises. By analyzing past sales data, you can predict which strains or SKUs will move fastest in December and plan production around proven demand.
With the SellStack integration, cultivators can bring that data straight to their buyers. Custom built B2B wholesale storefronts let retailers view live inventory, see real time ATP quantities, and place orders directly through your portal. That removes endless back and forth emails, speeds up order cycles, and keeps your brand visible when dispensaries are looking to restock fast.
Instead of producing slow movers, cultivators can focus labor and materials on products with the best sell through rates. The result is less waste, fewer discounts, and a steady balance between supply and demand supported by one connected system that protects profit margins all season long.
In an industry where every dollar counts, automation is the gift that keeps on giving. From batch costing to compliance reporting, centralized systems save hours of manual work each week. Less time crunching numbers means more time managing growth, quality, and strategy.
Want to hear more about protecting margins during the holiday season? Our VP of Sales & Marketing, Chris Guthrie, discuss this with other cannabis leaders? Tune into our upcoming webinar with MJ Unpacked, “Protecting Margins During the Holiday Season: Strategies for Retailers.” Register for the webinar here.
When a cultivator grows from a single site to multiple facilities, the challenges multiply. Mid-size operators expanding in states like Michigan, Missouri, and Massachusetts often find themselves buried in compliance work, juggling plant tags, and struggling to keep accurate yield forecasts.
Every state relies on systems such as Metrc or BioTrack to monitor cannabis production (predominantly Metrc). For multi-location operators, manual data entry across two or more sites increases the risk of compliance errors. A missed plant tag sync or an incorrect harvest weight can result in fines, destroyed product, or even license suspension. Cannabis ERP software eliminates that risk by automating compliance reporting across every site.
Mid-size cultivators scaling to new facilities need consistent tracking for:
Scaling means bigger harvests, but without forecasting, operators can overshoot demand and flood the market. ERP systems provide real-time visibility into expected yields across multiple grows. Leadership can plan packaging, allocate product to wholesale or retail, and forecast revenue with confidence. This prevents waste and protects margins.
Expanding facilities comes with higher costs. Multi-state operators especially need consolidated reporting to measure profitability per location. ERP allows CFOs to see:
Scaling cultivation is not just about building bigger grows. It is about creating smarter systems that keep compliance, operations, and finance connected. Mid-size operators who adopt ERP tailored for cannabis can scale with confidence, protect margins, and gain the competitive advantage of consolidated data.
Ready to scale smarter? Learn how 365 Cannabis supports cultivators expanding across multiple sites.
A new poll making the rounds has stoners smiling. Apparently, cannabis really is a “gateway drug” … to gardening. According to Marijuana Moment, people who grow cannabis at home are far more likely to branch out into tomatoes, herbs, and other plants once they’ve mastered their first harvest.
This wholesome data set is a fantastic reminder of how a green thumb can grow. Whether you’re a multi-site operator managing acres of canopy or a hobbyist tending to a balcony grow, cannabis inspires a deeper connection to the land and to the science of cultivation.
This lighthearted poll has a serious takeaway for stakeholders in the industry: cultivation expertise is transferable. The skills your team uses to maximize yields, keep plants healthy, and standardize processes are the same ones that could drive innovation in other crops.
In fact, some large cannabis operators are already diversifying into hemp, hops, and even vertical farming for produce. It is not just a clever byproduct, it’s smart business. Cannabis pushed them to become better farmers, and those skills can expand into new revenue streams.
There is also a cultural overlap for customers. Cannabis consumers are increasingly looking for transparency, sustainability, and “farm to table” vibes in their flower. These are the same qualities foodies look for in their produce. For cultivators, this poll is a reminder that your customers are not just buying based on THC percentages. Consumers are buying into a story of cultivation, care, and craftsmanship and that builds loyalty.
Leaning into that connection, whether through brand storytelling, sustainability initiatives, or even cross promoting with local farms, can help cultivators stand out in a crowded market.
Let’s be real: the cannabis industry has plenty of heavy news around taxes, compliance, and consolidation. Sometimes it’s refreshing to step back and remember why we love this plant in the first place. It teaches patience, nurtures curiosity, and, apparently, makes us better gardeners overall.
So, whether you are scaling up across states or just happy your basil plant is still alive, one thing is clear: growing cannabis opens doors. Not just to bigger harvests, but to a greener lifestyle, a deeper appreciation for farming, and maybe even the juiciest tomatoes on the block.
Want to take your cultivation skills beyond the grow room? 365 Cannabis helps multi-site operators master the details, from compliance to costing, so you can focus on growing, whether that is cannabis, cucumbers, or anything in between.
Missouri is one of the fastest growing cannabis markets in the United States. As of 2025, Missouri is sitting at 4.6% growth year over year (per Headset). The adult-use market is relatively newer; their recreational market opened in February 2023 but sales have been steady since launch. There are 67 active cultivation licenses in Missouri currently that are all fighting for shelf space and market share, and that's not including the microbusinesses or the licenses yet to be issued. Missouri operators need the right tools to secure a top spot in this fast-moving industry.
Missouri’s state compliance system is Metrc, the leading state cannabis compliance system in the United States. There are many operators who rely on manual entry for tracking plants and products, however manual entry leaves a lot of room for risk. The compliance fees and fines significantly outweigh the cost of trustworthy compliance software. Competitive operators in Missouri are actively looking for cannabis software with an automated metrc integration to avoid manual entry errors. The leading cannabis ERP systems, like 365 Cannabis, are designed with compliance guardrails to ensure users stay within regulations at every step, something we pride ourselves on.
As a company grows, so do their assets and that includes every seed, every gram, every gummy. Having instant access to all products across cultivation, manufacturing, and retail is a non-negotiable for the leading Missouri cannabis operators. Real-time inventory control gives operators instant visibility into every SKU, eliminating blind spots and costly write-offs. The right cannabis software will track take account of everything within the supply chain and production schedule and be able to deliver Available-to-Purchase (ATP) data for sales (and here’s why that's important).
Missouri’s cannabis community is booming and that means more money to manage for operators. Many businesses, cannabis or not, use QuickBooks. That’s a fair tool for some businesses, but it’s not designed or optimized at all for cannabis operators. Cannabis has unique challenges as a federally illegal, state legal, Schedule I substance subject to 280E. Outside of the QuickBooks limitations, due to cannabis being federally illegal, they do reserve the right to not support any cannabis enterprises, even fully legal and licensed ones. We’ve seen reported issues with QuickBooks as early as 2015 of entire financial recording software locked overnight. While QuickBooks does often turn a blind eye, they overall do not serve the needs of the cannabis community. ERP platforms have financial systems built into place that serve two functions- eliminating the need for third party financials like QuickBooks and integrating all efforts to ensure financial data is accurate. The 365 Cannabis financial module for example pulls financial data in from all sales, all purchases, all invoices, everywhere that touches the business to ensure every penny is accounted for. Native financial functions reduce the opportunity for human error and ensure every spend and every sale is accounted for.
Missouri’s cannabis market is still relatively young, which means consumer behavior is evolving quickly. Operators who rely only on historic sales data risk missing major shifts in category demand. Advanced analytics provide real-time visibility into product performance, costs, and margins, helping operators pivot quickly and stay ahead of competitors. Dashboards powered by tools like Microsoft’s Power BI allow businesses to identify growth categories, spot inefficiencies, and make data-driven decisions with confidence. In a fast-moving market, analytics are the difference between reacting to trends and leading them.
Missouri cannabis operators are competing in one of the most dynamic markets in the country. Success in Missouri’s cannabis market demands excellence in compliance, product visibility, accuracy, finance, and control across the entire business. ERP built for cannabis, like 365 Cannabis, combines compliance, inventory, financials, and analytics into one platform designed for growth.
If you’re ready to scale your Missouri cannabis operation, schedule a demo with 365 Cannabis and see how ERP can help you lead the market.
Oversupply in the cannabis industry has fueled the infamous “race to the bottom,” pushing prices lower and squeezing margins for operators nationwide. Too many cannabis businesses focus on sheer output and overlook a key business practice: selling through inventory at a healthy margin.
Because cannabis is a regulated product with strict expiration dates, operators must not only produce efficiently but also turn product quickly. The reality is that many overproduce which forces them to slash prices just to get product onto shelves. This cycle of oversupply and discounting has accelerated falling wholesale prices across the U.S. According to Cannabis Benchmarks, the weighted average price for a pound of cannabis dropped from $1,328 in August 2019 to just $1,093 in August 2025—a 17.7% decrease—while inflation rose by 26.36% in the same period.
With rising costs of living and operating facing off with a race to the bottom, cannabis operators need smarter strategies to protect margins and stay competitive.
Spoilers: we got your back on this but keep reading.
A major factor in the race to the bottom is discounting product pricing. Common reasons for discounting products are upcoming expiration dates and having too much product on hand and needing to make space. A solution that we have seen success with is Available to Purchase (ATP) in cannabis software.
ATP is a live tool in cannabis inventory management software that delivers data to operators on how much cannabis can be legally and operationally committed to a sale. Basic inventory counts will only show how much finished product is ready to sell at that moment- just what's on hand. An APT program is a comprehensive look at what you have on hand, what you have allocated to customer orders, what’s quarantined, what’s in the production cycle, and what’s pending testing. Where basic inventory reports give a surface-level snapshot, ATP provides a comprehensive, real-time picture of what’s actually sellable.
ATP capabilities for cannabis management extend past sales availability; it can also be a compliance safeguard. The accurate numbers inclusive of products in testing or to be finished soon deliver accurate inventory across the board. This ensures alignment with the state compliance system and avoids unnecessary compliance penalties. Many ATP solutions also offer FIFO capabilities to ensure, true to form, product is sold on a first in, first out basis.
ATP also prevents accidental oversell situations that may be costly and labor inducive to fix. Aside from oversells, there may be fees or penalties within state compliance systems for inaccurate product numbers. The ATP tool becomes a single source of truth for cannabis sales commitments and streamlines operations for your sales team.
When paired with a cannabis ERP system that includes sales projection reporting, ATP gives operators the insights they need to forecast demand, control output, and maintain profitability.
The fastest way to bring ATP into your cannabis operation is by using a cannabis ERP system designed for compliance and inventory management. With 365 Cannabis, ATP is powered by SellStack and can be built directly into cultivation, manufacturing, distribution, and retail workflows. That means operators can see, in real time, exactly what inventory is legally and operationally available to sell, without worrying about overselling, compliance discrepancies, or wasted product.
By combining ATP with 365 Cannabis’ sales forecasting, costing, and compliance integrations, operators can finally take control of their inventory, protect profit margins, and stay competitive, even in an oversupplied market.
To see the solution in action, schedule a demo with 365 Cannabis and discover how ATP can give your business the confidence to promise only what you can deliver.
710 is perhaps one of the worst kept secrets in the cannabis industry. 710, sometimes known as ‘dab day’, is a natural celebration of cannabis oil and thereby extracts.
When the characters ‘710’ are flipped upside down, they look like the characters ‘OIL’.
New Frontier Data reported that vape products “were included in transactions at nearly the same rate among both men & women (21%).” Regardless of age, we’re seeing one in five cannabis shoppers reaching for oil.
The processing of cannabis extracts can be done a few different ways, but all routes lead to a complex supply chain. Extracting oil from flower can be tedious and often requires a lot of hardware to produce finished goods. This long path to finished goods leaves the supply chain with several points of vulnerability where things can go wrong or get expensive.
Operators who work with vape and concentrates understand the high overhead and hyper-specific regulations required to work in the extract world.
The strongest operators have both a compliance expert on staff full time as well as a compliance-based software.
As more cannabis licenses are issued, the need for cannabis compliance managers rises. The average salary for a cannabis compliance manager averages out to over $90K a year. These roles are typically a one-person department with some exceptions for large, enterprise-level operations that justify a full compliance team.
There is an opportunity for human error with compliance team members, so the best way to ensure compliance is utilizing tools that guarantee compliance guardrails. Many compliance experts advocate for software that has embedded connections with localized compliance regulators like METRC, BioTrack, and Health Canada. The best cannabis ERP for concentrate producers will all have strong relations with regulators.
There are a few ways operators track their COGS that range from very vulnerable to airtight. The most vulnerable way is to manually track spend and labor across finished product. While it appears simple on the surface, it ends up with lots of opportunity for missing numbers, simple typos causing calculation errors, and the chance that it could all be wrong or overlook key spend.
The airtight solutions ensure accurate tracking based on accounting software for pricing, compliance measures that track what is used where and when, and labor. These tracking practices also deliver an accurate bill of materials for extraction inputs. Utilizing tools that empower operators to know their true cost per gram delivers the control over costs that business owners dream about. Airtight software solutions offer two absolute non-negotiables: accounting integration and compliance data. With accounting integration, spend is inherently tracked and verified for complete accuracy. Compliance data ensure each step of production is tracked and verified against products used, finished goods, and hardware depreciation. The best airtight solutions will be wholly integrated across operational platforms to ensure internal data transparency and compliance accuracy for all aspects of the business.
The solution here is a better solution. There are some cannabis tech stack companies that are built for cannabis without the resources to ensure a long-lasting product. There are also companies with tried-and-true tech that are not made with cannabis in mind. There are a select few tech companies that truly established technological resources and reliability with the custom infrastructure for the cannabis industry. More advanced tech-based companies will have live reporting, like Jet Reports.
By working with an ERP solution that understand their unique challenges across every aspect of the cannabis industry.
365 Cannabis is powered by Microsoft, so our cannabis partners can take advantage of the suite of Microsoft business platforms, reporting capabilities, and fully integrated suite of support. Aside from the well-grounded tech, the team is powered by cannabis veterans from across North America who are dedicated to the industry’s success.
