Starting a cannabis business is far from easy. Ensuring you’re following compliance rules and avoiding risks, while staying ahead of regulators is not a one-person job, or even a two-person job.
To stay in compliance, government regulations require you to track and report all of the activities of your operation, from initial plant to final sold product. That’s where seed to sale tracking comes in. Seed to sale is the lifecycle of the marijuana plant from the time the plant is planted until the final product is packaged and sold to the customer. Visually speaking, it starts with growing the plant, harvesting it, lab testing it, processing it, and packaging it, until it ultimately reaches the consumer.
To ensure compliance, seed to sale tracking guarantees every gram of cannabis stays legal throughout its lifecycle. This assists state and local governments by enforcing regulations, collecting taxes, and preventing illegal cannabis from sneaking into the supply.
When you add up all the plant life-cycle stages, plant processing, testing, selling to retailers and then to the end user, you could be talking hundreds of data points to report.
It’s time for some technology
Seed to sale software is a digital inventory control system that state regulators use in marijuana programs to track the cultivation, processing, and sales of cannabis to consumers. With seed to sale software, data is sent in real-time to the state compliance systems or the software generates the reports you need to send into the government to stay compliant. This helps manufacturers track their inventory and manage production, all while staying legally compliant.
The benefits of using seed to sale software
Whether you’re a grower or a manufacturer, there are multiple benefits of using seed to sale software for your cannabis business:
- Legal compliance: Most importantly, it ensures your business remains compliant — giving you peace of mind that you’re following state regulations across all areas of your business.
- No more manual tracking: Seed to sale software systems with intuitive visual workflows save you time and effort, which ultimately, leads to more money saved. Digital inventory tools also let you leave the days of manually updating excel documents or tracking paper inventory sheets long behind you.
- Invoicing makes order fulfillment simple: These software systems can also help manufacturers save time on order fulfillment processes with automatic pull sheets and invoicing features. Many seed to sale softwares also integrate with other business softwares you already use, like QuickBooks.
Many states continue to debate and vote on cannabis legalization, which means this is only the start of the cannabis boom. To stay ahead of the game, you need to choose the right seed to sale tracking software for you and your cannabis business.
Not sure where to start?