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Cannabis Supply Chain

With the recent growth of the cannabis industry and hundreds of new businesses popping up each year, from growers and producers, to retail, ancillary and technology companies, supply chain management has become increasingly complex. While technology companies have been instrumental in the growth and implementation of technologies to help the supply chain, there are still so many avenues of the process that could use improvement. The supply chain is made up of five stages. The first stage is cultivation of the plant. This is followed by extraction of cannabinoids. From there, the next stage is testing. Distribution and retail are the fourth and last stages. The supply chain itself may sound simple, but it actually can be quite complex. With each stage having its own interworking and needs, the supply chain for each stage is endless. Watch has Harry and Joe explore supply chain management within the Cannabis Industry.