In the last few years, the prevalence of the cannabis industry has increased dramatically, thanks to a growing number of legalizations. With this rise in the legality of cannabis, companies are constantly seeking the latest in technology and innovation to streamline the process for retailers, abide by compliance rulings, and lead to efficient operations at cultivation centers.
At Finland Tech, we provide an array of hardware and software solutions for cannabis companies—from cultivation centers to dispensaries. Whether you’re looking to launch your cannabis business or you’re interested in more information on the latest technology available, we’re here to help.
Understanding the Cannabis Industry
Before jumping into what digital products are available for cannabis companies, it’s important to understand the cannabis industry and why technology is so crucial.
Unlike traditional retailers, the cannabis industry is subject to complex mandates and local laws. Instead of selling a product to a customer, cannabis retailers need to verify the buyer’s identity and medical card, calculate local taxes, track every individual purchase, and report it to regulatory bodies. This process can result in an excessive amount of paperwork to meet compliance and satisfy regulations.
Fortunately, new and pre-existing technologies are available for cannabis companies. By leveraging an integrated, seamless technology system, many common challenges can be alleviated or even solved.
For a seamless experience, dispensaries need to install a POS system, cash drawers, receipt printers, barcode scanners, and an overall security system.
Previously known as LeafLogix, this POS is one of our favorites. It is designed specifically for cannabis retailers, which makes it simple to integrate payments, tracking, compliance, and inventory.
Dutchie offers a streamlined front-of-house interface as well as back-of-house. Key features include:
- One central hub for all of your orders
- Fully integrated payments
- Easy-to-use customer experience
- Reporting and insights
- Integrated traceability
- Robust customization options
Cultivation Center Technology
Cultivation centers require an array of technological advancements, including internet, network hardware, cameras and security, barcode scanners, label printers, and temperature sensors.
MJ Freeway is a comprehensive 360-degree view of your cannabis company. With this software, you can manage, scale, and optimize your entire cannabis supply chain with one integrated hub.
- Cultivation: Track plant genetics and forecast future yields.
- Manufacturing: Manage your suppliers, vendors, and customers and streamline your overall workflow.
- Distribution & Retail: Track sales and inventory.
- Delivery: Optimize delivery routes with API partner integration and gain real-time visibility into your inventory.
- Analytics: Harness your data by turning every data point into an actionable business decision.
For cannabis brands, security is an ongoing concern—both internally and externally. We recommend a cloud-based service that provides optimal security and organizational control over your devices.
Microsoft Intune is a cloud-based service that focuses on mobile application management (MAM) and mobile device management (MDM). This tool serves as a protective factor and provides control over how your organization’s devices are used.
Intune is part of Microsoft’s Enterprise Mobility + Security (EMS) suite and it integrates seamlessly with Azure Active Directory, so you can control who has access to your information and what they’re able to access.
For cannabis companies, leveraging a MAM/MDM technology option is a helpful step in maintaining security.
Advancing the Future of Cannabis Tech
As the cannabis industry continues to grow and expand, we expect to see additional options in canna-tech become available. We’ll continue to update our clients on the best practices and options available today to ensure that your business is optimized for long-term success.
If you are a cannabis company interested in leveraging experts in cannabis IT, Finland Tech is here to help. We offer customized consulting and tech support for cultivation centers, dispensaries, and other cannabis-adjacent businesses.
Schedule your free discovery call with us to get started today.