Glass House Brands Co-founder, President & Board Director Graham Farrar Says You Do Not Want To AutomAte Too Quick, You Want To Make Sure You Know What You're Doing And Bring Technology To It; We're Bringing Rfid Tracking To All Labor Activities; Implemented Photo Optical Sorters Using Machine Learning And AI That Allows Us To Eliminate 6 Full Time Positions And Do Better Accuracy And Reporting
Portfolio Pulse from Benzinga Newsdesk
Glass House Brands is implementing advanced technologies like RFID tracking and AI-based photo optical sorters to improve labor efficiency and accuracy. This approach has allowed them to eliminate six full-time positions while enhancing reporting capabilities.

October 09, 2024 | 4:49 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Glass House Brands' adoption of RFID and AI technologies could influence MSOS, an ETF that includes cannabis companies, by showcasing innovation and efficiency improvements in the sector.
The implementation of advanced technologies by Glass House Brands may enhance operational efficiency and set a precedent for innovation in the cannabis sector, potentially benefiting ETFs like MSOS that include such companies.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50