EXCLUSIVE: Why 'Good Weed And Good Friends' Won't Cut It Any More—Cannabis Industry Embraces AI, Automation, Data To Survive
Portfolio Pulse from Nicolás Jose Rodriguez
The cannabis industry is increasingly adopting AI, automation, and data analytics to enhance efficiency and competitiveness. At the Benzinga Cannabis Capital Conference, leaders discussed how these technologies are transforming operations, from supply chain management to consumer behavior tracking. Glass House Brands (OTC:GLASF) is using AI and RFID to optimize labor and inventory, while other companies like The Blinc Group and Sweed are leveraging data for smarter decision-making.
October 25, 2024 | 7:12 pm
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Glass House Brands is utilizing AI and RFID technology to improve operational efficiency and reduce labor costs. This strategic move is likely to enhance profitability and competitiveness in the cannabis market.
Glass House Brands is actively implementing AI and RFID technologies to streamline operations, which is expected to reduce costs and improve efficiency. This positions the company favorably in the competitive cannabis market, likely leading to positive short-term stock performance.
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