WBSRocks: Business Growth with Enterprise Software and Digital Transformation WBSP285: Grow Your Business by Learning Seed-to-Sale Business Processes Best Practices, a Live Interview w/ a Panel of Experts
Cannabis is a beast when it comes to its process complexity. Also, the ever-changing regulatory compliance and reporting increase the challenges. The critical process of cannabis is seed-to-sale that starts with the grower facility, where every plant needs to be tracked. Then, as cannabis moves through the processing stages where even multiple companies could be involved, such as growers and extraction facilities, the reporting requirements are still the same, with tight yield and waste reporting regulations. The moisture content makes it even more challenging, similar to catchweight in the food and beverage industry. But what are the best practices of the seed-to-sale process, and how can companies scale without getting in legal trouble?
In today's episode, we invited a panel of cross-functional experts for a live interview on LinkedIn who brings significant expertise to discuss Seed-to-sale business processes and best practices. We covered many grounds, including the scope, process boundaries, payment issues, regulatory and compliance requirements in the US as well as Canada. Finally, we discussed the system communication issues, the specialized systems that are going to be required to meet the needs of the Cannabis industry, and why the APIs may not be the solution to meet your integration and compliance challenges.
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