Cannabis In The Age Of Automation: How Tech Is Transforming The Industry

Digital technologies are expected to play a significant role in transforming agricultural production in what is being called the fourth agricultural revolution. These technologies include artificial intelligence, drones, robotics, sensors and other digital tools that can automate diagnosis, decision-making and various agricultural activities to increase precision and efficiency.

Digitalization is increasingly viewed as a game-changer in the agriculture sector and cannabis is essentially the same as traditional agriculture. Automation is having a significant impact on the cannabis industry, particularly in areas such as cultivation, processing, and packaging. To remain competitive globally, cannabis businesses must embrace change and invest in innovative technologies.

Are you interested in understanding the nuances of cannabis technology and how they help your cannabis business? After an overwhelming success, the Benzinga Cannabis Capital Conference is returning to Miami beach April 11-12, 2023 with events taking place simultaneously on two stages at the historic Fontainebleau Hotel. Benzinga will feature tech firms disrupting cannabis technology.

How Automation Is Transforming The Cannabis Industry

A new report compiled by IDB Invest and Accenture finds that digitalization in agriculture can help improve productivity, reduce costs, enhance decision-making processes based on data, and better manage supply chain risks. The report notes, however, that there are regions still in the early stages of digital transformation.

Here are some ways automation is transforming the cannabis industry:

• Cultivation: Automated systems can monitor and control temperature, humidity, and other environmental factors to ensure optimal growing conditions for cannabis plants. This can result in higher yields, fewer risks and better-quality cannabis.
• Processing: Automation can streamline the process of converting raw cannabis into various products increasing efficiency, reducing labor costs and improving product consistency.
• Packaging: Automated packaging systems can weigh and package cannabis products quickly and accurately, ensuring compliance with regulatory requirements and reducing the risk of human error.
• Testing: Automation is also being used in cannabis testing labs to ensure the safety and quality of cannabis products for consumers.
• Enhanced visibility: Automation can provide real-time visibility into the supply chain, allowing for better tracking of inventory, shipments and production processes.
• Better customer service: Automation can improve order accuracy, reduce lead times, and enable faster responses to customer inquiries and complaints.
• Scalability: Automation can help cannabis companies scale their operations as demand grows without needing to significantly increase labor or other resources.

Join us in April at the Benzinga Cannabis Capital Conference and stay at Miami Beach's historic Fontainebleau Hotel. Don't miss out on a chance to hear about future market forecasts and worldly advice from those embedded in the cannabis industry. Are you ready?

Buy your tickets HERE before prices go up. Book your room HERE.

Photo by Alex Knight on Unsplash.