Supply Chain Challenges Are Forcing Industry Innovation
Two years after the onset of a deadly pandemic, supply chain disruption remains one of the most frustrating issues across all industries. Between antiquated technology, worker shortages, and a major uptick in online orders , ports in the United States are overburdened, and delays are expected to continue for a while. Retail sectors must plan ahead and invest in their supply processes more than ever before — and these changes are likely to have a revolutionary effect on how the cannabis industry operates from now on. If supply chain history has taught retailers anything, it’s that any disruption in routine will have a domino effect, with results ranging from mildly inconvenient to catastrophic. For the cannabis industry specifically, setbacks have proven vexing, to say the least, especially considering how much the market has grown in the past two years due to expansion of legalization, a shift from brick-and-mortar to digital sales, and an increase in consumption nationwide. Rather ...