The Canadian cannabis industry has already evolved from a primarily medical market, to an adult use market, and will continue to evolve due to the more recent deregulation of edibles, extracts, and topicals. To survive and thrive in the ever-evolving market. Cannabis producers responsible for forecasting demand and planning for its optimal fulfillment must move quickly to mature their process, upgrade their talent, and adopt modern supply chain planning technologies that provide advanced analytics techniques such as artificial intelligence and machine learning in scalable cloud based solutions, such as Vanguard Predictive Planning™.
JPSG Consulting has worked with clients in this industry throughout the shifting regulatory environment; and in this report, we highlight the key historical developments and the resulting increased complexity. We also suggest critical actions producers can and should take to turn this ever-increasing complexity into a competitive advantage.
Download this white paper to see how industry experts Boris Gorbatyuk, Ph.D., President of JPSG Consulting, and, our in-house supply chain specialist, Nathan Goldstein expand on the key actions needed to mature processes, upgrade talent, and adopt modern supply chain planning technologies enabling producers to be able to adapt, survive, and thrive in today’s markets. By leveraging this market complexity, those able to succeed in achieving these components will become industry leaders.
To learn more, check out our blog where we focus on a hypothetical scenario where public payers start reimbursing Medical Cannabis for a subset of patients. We present the types of conversations that can arise when a licensed producer that has matured its supply chain planning processes, hired the right supply chain planning talent, invested in modern supply chain planning tools like Vanguard Predictive Planning™, and developed a culture primed for dealing with change. Follow the links for Part 1 and Part 2 of this two-part blog series.