5 Seed-to-Sale Platforms for Cannabis Businesses
Despite heavy regulation, growth in the cannabis industry isn’t slowing down. Technology vendors are continuing to launch marijuana-focused software; more mainstream businesses like accounting and consulting firms are partnering with cannabis companies; and popular celebrities are coming out with their own cannabis brands. One of the most noticeable trends is a consolidation of technology providers, as more cannabis businesses trade in single-purpose platforms for all-in-one solutions.
That trend has led to a significant uptick in the number of cannabis businesses using seed-to-sale ERP software. Seed-to-sale platforms give cannabis businesses a way to track and regulate inventory. Although older seed-to-sale systems were challenging for growers to use, updated versions of the most popular platforms have been re-designed to allow growers to more easily track inventory, run smarter operations, and identify crop hazards in a way that still meets current regulations.
Here are five popular seed-to-sale platforms for cannabis businesses.
An ERP designed for operators in the seed-to-sale supply chain, BLAZE helps automate the day-to-day tasks and compliance needed to run a cannabis business. The platform itself can be broken down into three main parts. BLAZE Grow tracks plants individually across the lifecycle and offers cultivators insights into day-to-day operations. BLAZE Distro includes tools for managing any cannabis business, with features for invoicing, calculating taxes, and controlling inventory and shipments. BLAZE Retail speeds up transactions and helps dispensaries improve their customer interactions. BLAZE has already formed partnerships with some of the most well-known technology providers in the cannabis industry, including Nugg, Weedmaps, and Leafbuyer.
BioTrackTHC’s seed-to-sale software is used by more than 2,000 cannabis businesses. The platform itself was designed to manage every aspect of a licensed cannabis business, including cultivation operations, processing and manufacturing, and dispensary point-of-sale. BioTrackTHC’s software can be customized based on local regulations in the user’s jurisdiction, so cannabis businesses are always in compliance. Users have the option to choose from individual segments of the software supply chain, or utilize all three of the segments that BioTrackTHC offers.
Developed to meet the needs of cultivators who were dissatisfied with the tools available to manage their operations, Trellis is a comprehensive seed-to-sale platform available in Canada, California, Colorado, Massachusetts, Nevada, Ohio, Oklahoma, and Michigan. The platform’s main features include inventory tracking, purchase order creation, plant management throughout cultivation, harvest, and extraction, and chain of custody recordkeeping. A dynamic dashboard provides cultivation, manufacturing, and inventory updates in real-time. Trellis’ tools and analytics have been designed to be easy to implement, and they can be configured to nearly any operation.
Used by dispensaries, cultivators, distributors, and processors, LeafLogix is a comprehensive seed-to-sale ERP. The LeafLogix platform was designed to be intuitive and easy-to-use, with multiple safeguards that ensure LeafLogix clients are always in compliance with the latest regulations. LeafLogix says its platform can help improve workflows, streamline operations, and automate manual tasks. Specifically, the platform includes features like a touch-screen point-of-sale system, comprehensive tracking capabilities, and a toolset to fulfill orders, track employee productivity, and automate regulatory reporting. Cannabis businesses can use LeafLogix to help launch their ecommerce sales channels, as well.
5. Viridian Sciences
Like the other platforms included on this list, Viridian Sciences offers a seed-to-sale solution that replaces the need for cannabis businesses to use multiple single-purpose platforms. The company is working to differentiate itself with integrated financial cost and project tracking, as well as by giving clients the flexibility to scale to multiple locations and in multiple states. Viridian Sciences utilizes SAP Business One, which is already one of the most widely used financial software solutions among small and mid-size businesses. The software assists with compliance reporting. Implementation consultants are also available to guide producers, processors, distributors, and dispensaries as they get started using the ERP software.
Stephanie Miles is a senior editor at Street Fight.