Shoring Up Your Cannabis Supply Chain
The cannabis supply chain has always been fickle, with inherent challenges and intricacies unique to an evolving market. Complexities include the transportation of goods across state lines, alignment between state and federal legalization, and details surrounding taxation, testing, and quality control.
Like all industries over the past year, the cannabis industry was not immune to the effects of the COVID-19 pandemic. A drop in global productivity created worldwide delays in production and shipping, which, in turn, affected pricing and availability. Combined, these challenges led to a general sense of unpredictability in the cannabis supply chain and likely created uncertainty in your organization.
While some factors – such as the global pandemic – may be out of your control, there are steps your cannabis company can take now to strengthen its resolve moving forward. Below, we highlight the ways your business can shore up your supply chain to ensure stability moving forward.