Can Automation Help Your Marijuana Company Weather The Downturn?

By Author: Sativa Bliss Canabis
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The downturn in the economy is a topic of conversation everywhere. The effects are being felt by everyone in some way. If you're in the cannabis industry, you may have noticed some warning flags.

Retailers must work harder to attract customers because of the increased cost of goods and the resulting decrease in consumer spending. Some stores have already reduced prices in an effort to draw in more customers, but this strategy will only lead to poorer profits for the industry as a whole in the long run.

On top of everything else, the rising cost of necessities could be lowering morale among your staff. Obviously, this is not good for your company. If you're like most others, you're wondering if you'll be able to make it through this rough patch.

There are both winners and losers.

Due to its relative infancy, the cannabis industry cannot yet be considered recession proof. Still, it's reasonable to anticipate that, as with any economic downturn, some companies will emerge successful. Unfortunately, this economic crisis will leave permanent scars on the lives of others.

There are a variety of options ...
... available to you to help your cannabis company endure and even thrive in the current economic climate. The current economic climate makes automation a wise investment for cannabis businesses. Without a doubt, it won't fix everything that ails a company, but it will increase productivity and, hopefully, revenue.

Automation is a powerful tool that can help a company maintain customer satisfaction and even expand in spite of the current economic climate. Businesses in the cannabis industry can benefit from automation in a number of quantifiable ways.

Efficiency in Manufacturing Has Improved

The cannabis market is not making enough use of automation. Throughput and efficiency can both be improved by investing in automation, which could help you weather the recession and emerge stronger than before.

The DM50 from One Supply is an automated gummy filling machine that can produce up to 18,000 cannabis gummies per hour, making it ideal for a gummy factory. If you're currently only producing half that amount by hand using alternative methods, ramping up production will increase revenue and may be what saves your brand from extinction. Manufacturers of cbd gummies who have been relying on human labor could benefit from the DM50 and other affordable automation equipment by replacing some of their manual processes with automated ones. According to One Supply, the DM50 can cut labor costs by three workers to one, netting over $200,000 in additional profits on an initial $700,000. In addition, it's a viable choice if you're simply trying to sell more of your existing inventory. During tough economic times, it's smart to look for ways to increase revenue.

Pre-loaded trays are a great way to improve production efficiency if you're in the vape manufacturing business. This greatly speeds up the refilling process by cutting down on the time needed to prepare cartridges. Having filled trays at the ready can increase productivity in a vape store by a factor of four.

Adding New Products to Your Offerings

It's true that in a recessionary economy, cost reducing is crucial to a company's continued existence. However, you shouldn't pass up chances to expand your customer base and improve brand recognition. To boost sales in a down economy, one tangible strategy is to provide more products and services. Perhaps most importantly, this may set you apart from the competition who are more concerned with "simply keeping the firm viable" during the current economic downturn.

There are a number of additional machines available that can not only automate your standard daily output but also provide you room to grow as a cannabis business of a higher level of expertise and experience. You can find tools for that in the catalog of production solutions offered by One Supply.

For instance, there's the RoboCAP 300. This item can boost your vape filling capacity to 1,800 cartridges per hour. The RoboCAP allows this to be done with a single human operator. As you probably well know, it would take at least four people to manually produce that amount. The decision to put money into this is obvious. Get more done with fewer resources. Seems like a winning formula to me.

In addition, you can use the RoboCAP to enter new markets that are a good fit for your brand. Capsules, balms, lotions, tinctures, and bottles are all within reach of the RoboCAP machine with a simple and inexpensive update. This essentially unlocks a treasure trove of new sales opportunities for your company.

Are you aware of this? Gummies were the primary driver of category growth in 2018 (44%). The sales of gummies have been so strong so far in 2022 that they account for 73% of all consumables sales.

Over 90% of all edibles sold in California, the world's oldest legal market, are now gummies.

It's proof that you shouldn't wait to extend your company's reach into the gummy candy market. With the DM50 From One Supply, you may add new products to your brand's catalog and tap into a hitherto untapped source of revenue. The G80 can create twice as many gummies every hour, making it the better choice for a larger business or one with more space. In some cases, that's all it takes to satisfy the urge to grow.

These automated processes give your employees more freedom, allowing them to focus on strategic business development rather than mundane administrative work. They'll have more mental bandwidth for the kinds of creative problem-solving and strategic planning that will propel your business forward in ways that can't be automated. Employee happiness and morale are both likely to rise as a direct result of increased automation, since workers will be able to put more of their time and talents to greater use.

The need to maximize savings

By freeing up time and energy through automation, business owners can focus on what really matters for their company. As you implement more automated procedures, you'll be able to evaluate them to find the places where money is being wasted. Pre-loaded trays are another wonderful example of a chore that can help vape manufacturers save down on operational expenses.

Manually filling trays is a common practice, but anyone who has done so knows how time-consuming and frustrating it can be. Pre-loaded trays can help you save money once again. ATG's RoboCAP Series machines are compatible with these pre-loaded trays. The trays sold by Greentank already include the necessary ingredients. Put it in the slot and start filling. In addition to saving you time during cartridge filling setup, these preloaded blocks include the vape caps already attached. Because of this, you may only need two or three operators instead of six to eight. With the use of pre-loaded trays, the required number of workers can be reduced to 1. Consider how this could impact your bottom line.

Using manual methods could end up costing you more than switching to automated methods. As a result, you may optimize your business processes and crank out better goods with less effort.

You need to prepare your company for the future.

Even though the recession presents some difficulties, it need not spell doom for your company. During these challenging times, cannabis is one industry that might tremendously profit from using automation. It's not out of the question that the cannabis industry will soon adopt more automated procedures. You don't want to get behind and have to start over, do you?

Start automating your cannabis business now, and you'll be setting yourself up for success in the long run.