Is Your Information Safe?
It starts with capturing and centralizing your business data. As a cannabis company, it’s very rare that you will find a vendor or partner that can handle the complexities of your operational needs. The same holds true with technology and software. As we’ve mentioned in previous posts, relying on spreadsheets and compliance platforms like Metrc don’t quite cut it when it comes to holistic business data analysis requirements. You need a reliable platform and integration partner that can translate that captured data into actionable insights and analysis. And now that 2020 is officially under way, there’s no better time than now to start capturing this critical data.
As we wind down the year and get ready for 2020, let’s recap the MJBizCon show in Vegas just less than two weeks ago. Our team was able to spend valuable time with clients, partners, competitors, prospects, and consultants. Now that many of us have a few years under our belt in this industry it’s always great to see familiar faces and continue to build new relationships.
As our team had a chance to take a breath and debrief, here are the top takeaways from the Flourish team as we get ready to enter 2020!
We’ve had a busy month taking part in multiple networking and cannabis events throughout the country including the RAD Expo in Portland, Cannabis Aid in Detroit, Sensi Night in LA, and Benzinga in Chicago. We’ve discovered a consistent trend in the conversations had with business owners and operators like yourself: there is an increasing need to budget for change as well as budget for technology.
If you haven't been affected by the current cannabis vape crisis, you may be at some point in the near future. Individual states are taking their own actions, some more expedient than others. Massachusetts has banned ALL vape cartridges for four months and Oregon has officially banned any non-marijuana terpene-containing (NMTC) flavored cartridges as of late last week. (Editor's Note: This ban has been halted by the Oregon Appeals Court since the time this blog was posted) The good news for the regulated industries is that the latest report shows the illicit market is the culprit for the current crisis.