What White Labelers Need to Know
About Their Data Before Working With a Third Party Manufacturer
Before signing a contract with a manufacturer, white label cannabis producers must understand the intricacies of data sharing, especially in states that use METRC. Here are key considerations to keep in mind:
- - How will you receive information and reports? How Frequently?
- - How will data be reconciled for accuracy?
- - What additional applications are used to store data?
- - What product names and stages will be used in METRC tracking?
- - What formats are available for end-of-month (EOM) and bill of materials (BOM) reports?
It is best to set up reoccurring reports with the manufacturer in the beginning, as it can be difficult to get additional information from the company at a later date. Making sure that both you and the manufacturer are using the same names for dispensaries and products can also mitigate any future headaches.
At High Cloud, we recognize the challenges that come with data sharing and reporting in the cannabis industry. That's why we offer a suite of powerful reporting tools that your manufacturers can easily download and share. With our platform, manufacturers can filter reports to focus on the items that matter most to you, including:
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The cannabis industry is at a crossroads when it comes to data tracking. By overcoming the barriers to effective data management with High Cloud, companies can gain the insights they need to thrive in a competitive market. Embracing a data-driven approach is essential for long-term success and growth in this rapidly evolving industry.
For more information on how you can save money and avoid implementing an ERP, go to www.highcloudinsights.com.