Benefits of Implementing RFID in Cannabis Business

RFID technology is highly efficient and effective in cannabis tracking and maintains state regulatory regulations.

FREMONT, CA: Cannabis business is a rapidly growing industry owing to its acceptance and legalization across states for medicinal and adult use programs. Nations are eagerly trying to expand the business because of its immense profit. But there are several laws and restrictions associated with the growing and selling of cannabis. Most governments monitor the life cycle of cannabis to track its production, sale and use globally. Recent years have seen many emerging tracking technologies used in various industries for monitoring purposes. Radio Frequency Identification (RFID) is an efficient tracking technology that is proven highly beneficial to companies monitoring cannabis plantations. The technology tracks tags attached to cannabis plants, seeds, and products through electromagnetic fields.

RFID plays a vital role in helping companies track data and maintaining regulatory compliance. RFID tags are attached to the cannabis plants, and each plant is monitored through its complete life cycle till its sale and use in the market. Automated data retrieval from all cannabis farms is done, which minimizes the time and cost, unlike the conventional methods.

Let us understand the other benefits of using RFID in the cannabis business.

Inventory management: The RFID tags are attached to the packaged weed product, which allows the inventory to be tracked and managed automatically. Additionally, the technology provides daily inventory data reports for consistent record-keeping. There is a significant reduction in labor costs when RFID scanning is used extensively. Additionally, it prevents distributors and retailers from losing or counterfeiting products. 

Make better business decisions with real-time data: The use of RFID technology is not limited to keeping dispensaries compliant with government regulations. The enormous amount of highly detailed data gathered will help you optimize cannabis yield, try out new growing tools, check inventory, and determine how to proceed. In addition to leveraging the real-time data captured through RFID tags to ensure their cannabis business is running efficiently, productively, and profitably.

In addition to taking advantage of RFID technology, dispensaries can use their environment sensing abilities. This will enable them to always keep an eye on the environment inside their grow rooms. In this way, they can gain an insight into the best lighting, humidity, and temperature conditions required to produce the largest yield of cannabis.