Introducing Cannabis Tracking Software available today
As you are well aware of cannabis tracking is critically important for the operational health of an organization. Today’s Cannabis Tracking market offers a number of solutions and software alternatives. Some are further along the product development cycle than others. As the business evolves cannabis tracking will become less important to the businesses success than other departments such as accounting, product development, sales, customer relationship management and others.
With a number of cannabis tracking applications available capable of providing the features and reporting functions a business owner or manager needs where should the search for the best choice begin? Many businesses begin using cannabis tracking software on their desktop. They then migrate to solutions with mobile capabilities. A mobile friendly application brings versatility to their Tracking usage. Being able to maintain your tracking directly from your phone or tablet changes the way you operate and manage your sales activities.
While customer expectations are changing regarding cannabis tracking functionalities and best practices. Modern businesses need more than just the ability to track marijuana; does your tracking suite offer other features such as grow house management, yield projections, efficient communication tools, and most importantly, having a great user interface for your team to be productive.
In order to offer a fair comparison of the top cannabis tracking solutions, we have compiled a table of the most important features a cannabis tracking system should offer. These are organized into five categories: Cannabis Tracking (retail sales), Grow House Management, Productivity & Usability, and User Reviews.
These categories encompass nearly everything a company might need in order to manage state compliance requirements, and optimize operations.
Introduction to Cannabis Tracking Software
Seattle Cannabis Exchange
Claudius Christian and his team started development in 2015 and launched its product in June 2016. With a background in creating sophisticated software solutions to for the higher education marketplace Claudius, and his team knew they could bring enterprise level reliability, performance, and security to the cannabis marketplace. The SCE platform, is a SaaS offer which allows your teams multiple cloud-based solutions that will help them in their day to day tasks as a producer, processor, producer/ processor, and retailer. The system is continuously updated throughout the year.
SCE is the only solution offering a financial uptime guarantee to be online with a service level agreement (SLA). Meaning they will pay you if the system cannot be accessed.
“A CANNABIS BUSINESS MANAGEMENT PLATFORM.”
Three different pricing models and additions are available. SCE solutions include Business Essential for small companies in need of cannabis tracking and/ or point of sales only, Business Professional for growing businesses, and Business Premium for large organizations. For this comparison, we will select Business Premium.
Established in 2010, BioTrackTHC got its start in the pharmaceutical industry. Located in Orlando, Florida the organization implemented the Washington State Cannabis Traceability System in 2013. The company enables businesses to track the production, transportation, destruction and sales of legal cannabis. BiotrackTHC updates their system on an irregular basis, unannounced.
“NO MOTTO INFORMATION AVAILABLE”
BioTrackTHC business solutions differ by business type and size. They offer solutions for cannabis producers, processors, producer/ processors, and retailers. For this comparison, we will select either their producer/ processor and/ or retail solutions.
Founded in 2010, MJ Freeway’s tracking software includes inventory control and grow management applications for producers, processors, producer/ processors, and retailers. In addition, they also offer professional consulting services for cannabis businesses. The company is headquartered in Denver Colorado.
“POWER OF A PLATFORM”
MJ Freeway’s business solutions differ by business type and size. For this comparison, we will select either their producer/ processor and/ or retail solutions.
WeedTraQR is barebones cannabis tracking system founded in 2014 by a software engineer and business development professional. The tracking software includes cannabis tracking for producers, processors, producer/ processors, and retailers.
“MARIJUANA TRACEABILITY SEED TO SALE FROM YOUR PHONE”
WeedTraQR’s business solutions differ by business type and size. For this comparison, we will select either their producer/ processor and/ or retail solutions.
Dauntless was founded in 2013 by five software engineers. The software is exclusively for producers, processors, and producer/ processors. TraceWeed uses RFID and NFC as the foundation of its application. The RFID tags must be purchased and replaced on a regular basis.
“SIMPLY TAP. TAP. TRACE.”
TraceWeed’s business solutions differ by business type and size. For this comparison, we will select either their producer/ processor systems.
Green Bits was founded in 2014. Green Bits is a retail POS software, and inventory management for iPad, The Business is based in San Jose, CA.
“FAST. ACCURATE AUTOMATIC.”
The application is tablet based. Pricing varies on the number of terminals a retail store has.The Green Bits Back Office is a web-based portal where stores can be managed.
When it comes to efficiency and end-user satisfaction, fine-tuned usability is one of the most important factors in any software platform. This is especially true of cannabis tracking software, as the end user might spend the majority of their time working with the software. In order to provide functionality, speed, and convenience to a cannabis business, a software solution must maintain a balance between ease of use and a robust set of features. The user interface supports the overall product design in deciphering human factors such as preferences, habits, and learned skills in order to effectively serve the intended purpose of the software as it relates to the businesses that utilize it. A strong functional design is critical in providing a positive user experience and maximizing user efficiency.
Usability is qualitatively measured as a software’s ability to anticipate what a user might need to do. This includes ensuring that all of the elements in the interface are easy to access, understand, and use. Well-designed software establishes familiarity by maintaining a consistent interface and predictable interactions throughout so users feel comfortable with the system, allowing them to complete their desired tasks quickly. It will help users perform actions quickly as well as become more efficient in their day to day tasks. Best practices also suggest having a simple interface with consistency (common elements) and a page layout based on hierarchical importance and flow.
Cannabis Tracking Inventory - SCE
Cannabis Tracking Inventory - BiotrackTHC
Cannabis Tracking Inventory - MJ Freeway
Cannabis Tracking Inventory - TraceWeed
Point of Sale - SCE
Point of Sale - BiotrackTHC
Point of Sale - MJ Freeway
Point of Sale - Greenbits
The selection of a software solution is a process which, if undertaken with scrutiny and a willingness to obtain as much information as possible, can result in a huge increase in efficiency amongst your team.
No single factor is the most important, but rather a balance of many interdependent factors. Which factors are really important for your business? Is your planning focused around a budget? Integration with third-party apps? Do you prefer to maintain your software yourself via an on premise server or utilize a cloud-hosted solution maintained by the software vendor? Additionally, what are your budget and internal competencies? On-premise solutions are preferred by large companies because they provide increased control of the platform and can assist in overcoming security concerns. Alternatively, online solutions are advisable for SME’s as the customization and costs (hosting, maintenance, implementation service, etc.) are usually minimal or even included in the base rate.
In order to select the best tracking software for your needs, it is also vital to weigh the desired benefits against the management team’s constraints while also considering the team’s day to day operational needs. The most fundamental goals for any decision maker are to grow the business and support the teams which make the success of your organization possible. As collaboration is the key to success with any team, it is beneficial to choose a simple and user-friendly solution which will help your colleagues work quickly and effectively while avoiding the need for expensive and time-consuming training sessions.
So whether you are a small startup comparing cannabis tracking solutions for the first time or a large enterprise thinking about changing your current software, the information in this document will help you compare the most important aspects of each solution to help you find the software that best works for you.
This whitepaper was compiled by SCE. We did our best to make it objective and fair. If you find a mistake or please report it to [email protected] and we will update this document. Our goal is to have a continuously updated comparison of the main competitors to be as accurate as possible.
As a producer, processor, producer/ processor, or retailer inventory is one of the largest, most critical assets. Aside from the simple cost of purchasing the inventory, other factors affect your total inventory costs. Continue reading for details on what this important total usually includes and tips on how to minimize overall costs.
Off the top of your head, you might say your inventory costs are substantial. But how much is that exactly, and why is it critical to know? If you understand exactly how much is being spent maintaining this important asset, your business can make smarter business decisions. You will not only be able to smartly analyze where costs can be cut, but you can also make your overall inventory management more effective.
From an accounting perspective, understanding this cost will help you determine how much profit inventory can generate. Additionally, you can help determine how much of your businesses capital will be tied up in the inventory and for what time period.
Breaking down total inventory cost
Your total inventory costs can be subdivided into three categories:
Costs that originate from ordering inventory (Ordering Costs)
Costs that arise from inventory shortages (Shortage Costs)
Costs from holding inventory (Carrying/ Holding Costs)
Number one and two above can vary substantially depending on your business type and the goods being sold. Both one and two also make up the smallest portion of inventory costs, while carrying costs are the most burdensome.
Ordering costs is a fixed cost incurred when you make an order. An example would be vendor payments, landed costs, and inspections. Ordering costs do not change often depending on the quantity; however, it changes contingent on total orders made.
How to reduce ordering costs?
Examine aspects of your business such as shipping costs. Other areas you can reduce ordering costs are expenses such as taxes, duties, and insurance costs if you make purchases internationally. Would it be beneficial to source inventory locally?
On the opposite side of the supply chain businesses have shortage or stock out costs.
Stock out or shortage costs are incurred when the business does not have enough of the items to meet demand. The costs are measurable and include having to purchase expedited shipping, purchasing at the last minute from another supplier, or substituting higher value products to compensate for the out of stock item. Moreover, a business incurs other costs that are difficult to compute such as losing customer confidence and a loss of customers.
How can you minimize shortage costs?
Stock out costs can be decreased through more efficient inventory management. Take a look at Seattle Cannabis Exchanges inventory management features and see if it’s the best option for you. If you often run out of specific products, shipping in bulk could be as cost-saving solution. Reducing this cost is more preventative.
Now, the good bit: carrying costs
Carrying costs is one of the largest pieces of total inventory costs. The carrying cost is a method to value the cost of holding inventory in a year versus the value of the inventory itself. Ideally carrying costs should be between 20% and 30% of your inventory value. As you can see it is a large percentage; therefore, it is important to account for it.
Carrying costs can be broken down into three component parts:
Inventory risk costs
Capital costs include investments, opportunity costs, and interest expenses that are tied up in your inventory. To help calculate capital costs you can use what is called Weighted Average Cost of Capital (WACC) equation.
Non-capital costs are expenditures such as storage and other inventory services costs. Examples of storage costs are rent, warehouse space, utilities, security, labor, and inventory equipment. Another non-capital cost is for inventory services which are used to keep your inventory going. Items that fall within this category are software, taxes, and insurance.
Inventory risk comprises anything that negatively affects inventory including inventory deterioration, obsolescence, or theft.
How to reduce carrying costs?
After making calculations and you find that some inventory has large carrying costs associated with it – do not freak out. Inventory with large carrying costs doesn’t necessarily mean the items are not worth it. If demand is high the profit margin large, the profit can make up for the high cost. Having said that it never hurts to look for inventory and methods to reduce your costs.
There are many different variables in cost calculations which depend on your business and the products it has. Take a moment to re-evaluate how you are calculating your inventory costs, how and where you can make adjustments, and where you can become more efficient. Because inventory is one of your largest and most important assets, making sure which inventory items to invest in is important.
If you know your reorder point you’ll know when’s the right time to place orders for new shipments. That means you won’t be spending more on storing excess items or risk the shortage costs that come with disappointed customers.
There are lots of ways to decide what’s the best way to determine your reorder point - ranging from forecasting software to relying on information from previous months, to formulas.
If you’re looking to figure out the question of “What’s the right quantity to have at any given time?” take a hint from the 46% of SMBs who say they look into information from the previous months to enjoy insights into sales patterns.
There is something about watching a live NFL game that can never be replicated by just catching the highlights on ESPN. Watching the action unfold in real-time makes you more invested in the players and care more about the outcome of the game.
Now if you are like me and have the same passion for sports as you do business, you can apply the same concepts to how you work with your board.
Several years ago, I had an idea. I thought what if a cannabis company had real-time access to its data would it change the way marijuana companies operated? Next, I thought shouldn’t board members have the same ability as the company’s employees? After all, transparency was improving the way businesses operated, so it made sense, no matter how uncomfortable, to deliver the same ability to board members. Technology made the idea possible. And, to be honest, it was a bit unnerving.
Where would it lead if we gave the board direct access to real-time data around an entire business? Nobody was doing that. Heck many of the renegades in the industry weren’t even collecting and reviewing data to improve outcomes. Would canna businesses be ready? Would businesses be comfortable with that level of transparency? My thought was by having the board’s eyes on the business at all times, businesses would be highly motivated to quickly fix those items that weren’t yet as good as they could be. In so doing creating a set of best practices that could be adopted industry wide, and therefore making the industry more reputable.
Moreover, giving real-time access will quickly yield positive impacts. Board members won’t need a deck the week before the board meeting to review a business’s numbers. Members will be following the data all quarter long empowering them to give input when it mattered most. No longer do managers have to wait until the end of the quarter to get advice on how to pivot, when to pass or run. It has become simple to provide meaningful impact.
Another benefit is since board members will no longer need a significant portion of the meeting to review a business’s numbers it’s now possible to spend valuable time strategizing and collaborating on growth plans based on the information everyone had.
In ten years, I believe all company boards will have access to real-time data in their companies. In five years every board will start to demand it.
Therefore, I challenge my fellow CEOs, managers, and other C-suite executives in the cannabis industry:
In order to extract the most value from your board of directors, you should endeavor to bring them into your circle of trust and give them fifty-yard line seats to what is happening in your business. Embrace the ability for your valued stakeholders to have the ability to see in real-time the challenges and wins your business is having. After the individuals are on your board because you value their advice. Moreover, it will transform the way you operate your business for the better.
Let’s be honest: A lot of salespeople are very good at interviewing. In our decades of experience we have been fortunate enough to have met the very best salespersons. We have even hired a few that we thought were going to make a huge contribute to the bottom line, yet some didn’t live up to our expectations.
Hiring the wrong person in your cannabis business can be costly. After you recruit, hire, and provide the normal onboarding ramp and runway, a business has easily spend six to fifteen months with the sales rep. As you are well aware, that is way too much time to invest in people who don’t fit into your organization. We have developed a few interview questions we thought we would share that will help you reduce the chance of another bad hire. Hopefully the following tips will help you.
Tell us about a deal you won and a deal you lost.
This question helps us determine what type of applicant is. Are they a team player? Do they want all the credit? And do they shift all the blame? Most sales are rarely closed because of just one person, but if that person attempts to take all the credit chances are they will not fit into the organization we are creating.
When we are asking a candidate about a deal they lost what we are really searching for are what lessons they learned. We value each perspective a person brings to the table. Sharing information on a lost deal will help the entire sales team grow. Not to mention their answer will let us know if they take responsibility for the lost deal, how they handle rejection, and if they want to improve. If candidates cannot demonstrate an understanding of why they may have lost a deal it is not a game changer; however, if the applicant does show an understanding of why they may have lost a deal and a willingness to address those issues we are more likely to bring them onboard.
Another consideration for asking these questions is to get references and recommendations to determine if they are being honest. Remember to ask for details such as organization and contact names, and deal terms.
What were you selling?
Who were you selling it to?
Who were you competing against?
What was your value proposition?
What were the deal terms you offered?
Why did you win/ lose?
Who did you lose to?
Tell us about a deal you won and a deal you lost.
This is probably our favorite question. Here’s why. The question tests the applicants’ skills. Excellent sales professionals will usually not answer the question immediately. Instead sales pros will ask questions to ascertain the company’s needs to ensure their skill set is aligned with the company’s goals. The reason for this is good sales people should always demonstrate value before discussing money.
How do you split your time between prospecting, discovery, proposal, follow-up, closing and servicing?
There are two things we have learned that are critical to improving a business. The first is prior planning prevents poor performance. The second is you cannot improve what you are not measuring. Many sales representatives skip the simple step of planning their days. Before they know it, a salesperson has wasted a significant portion of their selling time.
The difficulties associated with managing the sales pipeline, closing deals and servicing relationships with accounts is not insignificant. A person who understands how to organize their time is incredibly valuable to the organization.
Why should we hire you?
The interview the salesperson is in at that moment is arguably the most important sales calls of that professional’s career. Here is where they get a chance to sell themselves. Does the individual ramble on, or do they make clear and concise arguments for hiring them and close the loop? After all if a candidate cannot sell themselves how are they going to sell our products?
What are your short-term goals for the next 30, 60, 90, and 120 days if we bring you on board?
Here you would like to determine if the representative has actually considered how they will approach the opportunities and responsibilities of working at your business.
Really good salespeople should be working out how they’re going to make money at your company. They should have given thought about your ramp schedule and the company’s expectations for new sales reps.
If a sales representative does not understand the onboarding process, the salesperson won’t see a way to make money at the company; and that’s not a good position to be in.
What questions do you have for me?
Here is another great question. Sales professionals should spend just as much time interviewing you as you interview them. If the individual doesn’t have questions they are not high quality. The person is simply looking for a job. Moreover, no matter how many people the person has interviewed with before they should still have questions as each person brings a different perspective.
Lastly remember that a candidate should prove to the business that they improve the enterprises value by hiring them. Therefore, compensation questions should wait for a later date when the business sends a formal employment invitation.
Thus, remember to take your time. Don’t be fooled by someone’s resume. The next time you are interviewing a salesperson for your marijuana businesses walk them through these questions. As a cannapreneur you will be glad you did!
We have repeatedly heard the same story from our customers: Seattle Cannabis Exchange simplifies their job. In turn making their work life balance more harmonious. Seattle Cannabis Exchange does not take away all of the hard work out of running a business – SCE does help individuals do more with what they already have.
It is direct customer feedback from our customers who say they are investing in Seattle Cannabis Exchange not only because of what it does but because of what it enables them to do.
One individual said they now can spend more time cycling now that he has all his businesses information in one place.
Another can now focus on the big picture that they save tens of hours not having to do time consuming manual reporting.
She said she is thankful she can finally take a day off now that her team has the information and tools they need.
He said he can focus on what matters most to him, spending time with his family.
How does Seattle Cannabis Exchange empower its customers to do these things? Here are 8 ways Seattle Cannabis Exchange transformed their businesses.
Though you may not be up to speed on cloud-computing; however the cloud applications are definitely not a new development. Forrester research has found we are in the middle of a world changing shift to the cloud. Why is this seismic shift occurring? There are significant advantages a cloud based cannabis business management platform can leverage specifically in terms of flexibility, value, and innovation.
Are you thinking of transitioning your business to the cloud? The following are 5 reasons the cloud makes sense for your cannabis business?
Nucleus Research recent analysis found that return on investment (ROI) for business management solutions (ERP) is increasing and delivering an average of $7.23 for every dollar spent, up 36%. What organization wouldn’t want to demonstrate that ROI for the business and gain a competitive advantage and more quickly? Software as a service (SaaS) solutions can provide this speed. Cannabis business management platforms that previously took months to implement can be compressed to weeks, days, and hours. The icing on the cake is SaaS providers are generally willing to provide free trials and proof of concepts to prove the tangible benefits.
Higher adoption rates
No one wants to be the individual responsible for purchasing off-the-shelf, or high-cost on premise software that doesn’t work, or isn’t actually used by the business. Similar to apps you have on your phone, SaaS apps usually have a lower learning curve and higher adoption rate. Being mobile ready enables you to gain insights anytime, from anywhere. The more intuitive and accessible the cannabis business management software is, the more likely the usage within the organization will soar; which intern provides more opportunities to increase efficiencies and profits.
SaaS providers usually manage every aspect of the applications infrastructure, redundancy, provisioning, and scalability. By scaling resources up and down based on usage and customer size, the business can concentrate on their core strengths without getting slowed down thinking about system availability and infrastructure. Finally, organizations taking advantage of a SaaS solution can rest assured their organization will always have access to the latest software versions through ongoing technology enhancements and upgrades (often more frequently and incrementally than on-premises solutions). For example here at Seattle Cannabis Exchange we have over a dozen different backup of your database spread across different time periods and datacenters.
Many have a perception that cloud computing is less secure than hosting their own solution. In fact, a recent report found nearly two-thirds of IT security professionals say cloud software security matches what an IT security professional can provide when actively managing a business’s own on premise solution. While it might seem counterintuitive to move your data farther away, the fact is that cloud providers such as Microsoft, Amazon Web Services, and others have invested heavily in firewalls, monitoring systems, security certifications and accreditations, and encryption as part of committing to protect data. Forrester said it this way in their 2015 Infor Report: “Using cloud services means that your data is better protected than if most of us tried to manage it on our own… Large-scale services are all much better than we are at avoiding data loss from gear failure, keeping software up to date, upgrading hardware, and constantly improving security.”
5. Lower total costs
SaaS providers normally reduce a client’s costs as no hardware, IT resources, software development, servers, or machines are needed. As a matter of fact, with subscription pricing models, it’s easier to budget and have a clear idea of costs even as you scale across the enterprise. Still not convinced? Give our sales a call at 206-905-9006, or send us an email at [email protected].
We have been talking to cannabis business owners and stakeholders in different sectors, and showing them our product. During one such demonstration an individual asked us why their company should switch to Seattle Cannabis Exchange, instead of using their current product or using a solution that only does cannabis tracking.
Before we could respond a third individual jumped in and said:
Seattle Cannabis Exchange is better because with the current solution we could spend hundreds of hours of navigating the software to track products through their life cycle, or getting better reports if the reports we want even exist. The current solution is difficult to use and manipulate. If it’s difficult I don’t want to use it. The only reason I use it is because it’s the state’s default system. With Seattle Cannabis Exchange, I can navigate through the system with ease, and find the reports and get the answers I’m looking for. So, for those reasons I will use it. That’s the difference.
Well, that’s just one reason.
There are lots of cannabis tracking applications out there that can trace cannabis from seed to sale, or even provide an adequate level of usability.
However, the vast majority of the solutions do not provide the breadth of use cases that SCE has, are counterintuitive – and not to mention ugly as sin – to the average user. After all if the user experience isn’t amazing, then how will you utilize the software to grow your revenues? You end up paying thousands if not tens of thousands of dollars a year on an unsightly application you are not utilizing because it is difficult to navigate and therefore use.
The reason our customers are excited about Seattle Cannabis Exchange is the product is simple to use. Everything is in one place and you can manipulate the data to find what is relevant to the issue at hand. Employees know exactly what to do next when converting items from one product type to another. Growers have the plant information they need to maximize their crop yield. Processors have the manufacturing information to further streamline operations. Retailers have the data needed to drive traffic to their stores.
In short, don’t think you have to use the same tools the state is using. Or for that matter don’t let yourself be talked into using an application you tolerate using, because that defeats the entire purpose.
If you would like you can request a video demo of how Seattle Cannabis Exchange works and see for yourself how simple and easy it is to navigate.
Seattle Cannabis Exchange has cracked the code of making cannabis tracking systems both easy to use and simple for any person at any level to manage while bringing in all the application needed to grow your business.
The cannabis industry has been gaining momentum and legislation to legalize cannabis in some form or fashion in more than half of the U.S. With such states as Washington, Colorado, and California leading the way. Seattle Cannabis Exchange (SCE) was founded in Seattle, Washington. We started by observing highly respected, highly frustrated cannapreneurs who felt locked out of their own businesses data. Knowing that 71% of best-in-class companies have the ability to track product costs, 78% of best-in-class companies have the ability to do demand planning and forecasting, and 43% of best-in-class companies are more likely to have a unified view of labor costs and workflow data the founders of Seattle Cannabis Exchange saw an opportunity to help cannabis businesses create more efficient operations.
As you are well aware of states are requiring businesses to track each gram of cannabis and cannabis infused products from seed to sale. Staying compliant with your states seed to sale tracking laws adds another layer of complexity for many businesses. Creating your own database in a program such as Excel to stay compliant with marijuana regulations, optimize plant yields, streamline supply channels, keep track of the businesses books, and many other metrics is cumbersome and very inefficient. Your business requires an application that brings your traceability system, people, and businesses data together in one place enabling you to concentrate on higher value added tasks.
Seattle Cannabis Exchange’s simple to use business management software works seamlessly across Windows, Apple, and mobile platforms. Users can quickly and easily complete bulk actions on many different items at once. For example, do you need to prune, harvest, or complete other actions on hundreds of items? With Seattle Cannabis Exchange you can select more than one inventory item to complete an action on.
Manufacturers (processors) does your software enable you to dig deep into your data to extract the information you need to eliminate inefficacies? Is your manufacturing software flexible enough to meet your unique production needs? At Seattle Cannabis Exchange we understand that better data helps manufacturers grow 35% faster. Additionally, with SCE you will enjoy complete flexibility in your manufacturing processes as our software enables you to design manufacturing templates for each of your operations.
We haven’t forgotten about you retailers! Our online point of sales application interface is designed for productivity. A budtender can serve multiple customers at once so you won’t keep your customers waiting. With the point of sale (POS) system you can scan products, browse through product categories, upload product pictures, and find product information quickly making sure your Budtenders can not only find products quickly but answer your customer’s questions in a timely manner as well. We also offer web design and website development and configuration services. Or you can create your own website in minutes with our drag and drop website creation tool!
There is no time better than the present to start using the cannabis marketplaces best business management platform so you can start following industry best practices. With flexible and scalable business management solutions Seattle Cannabis Exchange helps you reduce costs, make better decisions, increase efficiencies, manage growth, and serve customers better all of which help you generate more revenue.
Seattle Cannabis Exchange is ready willing and able to help you address your specific challenges to help you run your business better.
In the Cannabis business, there is a lot to keep track of. Fortunately, there is no shortage of software solutions to help you do many specific tasks really well such as cannabis tracking software, customer relationship management (CRM) applications, and accounting suites. However, often times these solutions, in aggregate, create a bigger problem than they are meant to solve.
We are here to help you to clear away the clutter and spell out exactly why every business – large or small – can benefit from using a business management platform. The following are ten reasons why:
It’s inadequate to have a store on a well-trafficked block, or a fancy facility where your business grows and/ or processes cannabis. In the digital age in order to be successful cannapreneurs need to consider their online presence. If you do not have a website that can support online orders, you will be missing out on a huge potential audience.
The process of designing and building a website can be overwhelming. That is why you should consider using Seattle Cannabis Exchange. Our drag and drop website builder empowers any small-business owner to create custom responsive themes for a desktop and tablet with no technical knowledge. By using our system all of your stock data for your retail store(s), or wholesale customers will be updated in real-time.
Take a look at the infographic created by PayPal below to further understand the step-by-step process of creating a website. The infographic will also help you understand the costs involved with launching an online business instead of using Seattle Cannabis Exchange.