logo
logo
Sign in

Implications of Medical & Recreational Marijuana Legalization on Tech Sector

avatar
Alex Harpper
Implications of Medical & Recreational Marijuana Legalization on Tech Sector

The legalization of Medical & Recreational marijuana in United States and Canada brings about some hefty opportunities for technology companies looking to enter this new, uncharted market.

Every corner of the industry will be impacted by technology, whether it is using artificial intelligence with cannabis production, smart warehouse and logistics solutions with supply chain management, mobile applications for connecting to local dispensaries, and eCommerce websites for distribution.

Not only does it eliminate charge backs but it can also track cannabis sales from seed to end-sale.

The information that goes hand-in-hand with delivery needs to be kept straight to keep confusion at a minimum, which has enabled delivery logistics software to flourish.

This type of software helps dispensaries dispatch, keep track of, and analyze deliveries.

Beyond this, as marijuana products get moved from one stakeholder to the next, whether this is from the cultivator to the manufacturer, the manufacturer to the dispensary, or the dispensary to the retailer, there is risk involved.

collect
0
avatar
Alex Harpper
guide
Zupyak is the world’s largest content marketing community, with over 400 000 members and 3 million articles. Explore and get your content discovered.
Read more