WBSRocks: Business Growth with ERP and Digital Transformation

WBSP319: Grow Your Business by Learning the Nuances of Canadian Cannabis Industry w/ Abu Asif

May 23, 2022 Sam Gupta Episode 319
WBSRocks: Business Growth with ERP and Digital Transformation
WBSP319: Grow Your Business by Learning the Nuances of Canadian Cannabis Industry w/ Abu Asif
Show Notes

Cannabis is a unique industry. You have significant reporting requirements that are ever-changing. And the priorities may change overnight due to the investment risks associated. Also, you run the risk of losing your license if you cannot comply with the requirements. For these reasons, the unsettling nature of ever-changing requirements may make planning for ERP implementations increasingly difficult. But are there unique reporting and audit challenges in Canada? Or is Cannabis equally challenging everywhere?

In today's episode, our guest, Abubakr Asif, who shares his insights into the processes of Cannabis businesses in Canada. He also provides his insights into different business models in the Cannabis industry and how cannabis 2.0 differs from 1.0. Finally, he shares his insights into how the unique reporting requirements drive the ERP complexity for the cannabis industry and why the Canadian industry is different from the US.

For more information on growth strategies for SMBs using ERP and digital transformation, visit our community at wbs.rocks or elevatiq.com. To ensure that you never miss an episode of the WBS podcast, subscribe on your favorite podcasting platform.