Odoo ERP in the Cannabis Industry

Platform

Shopify

Industry

E-Commerce

Country

United Kingdom

The cannabis industry is closely regulated which in turn means that compliance, inventory and customer relations have to be monitored very closely. In response to such particular issues, Odoo ERP offers customized solutions.

1. GreenLeaf Dispensary: This case study describes how the Odoo ERP, the Open Source ERP & CRM, has been successfully implemented to excel at Compliance Management and Inventory Management.

  • Company Overview: GreenLeaf Dispensary is a legal marijuana shop that is based in California. To satisfy the local principles as well as to organize the stock and the sales, the company lacked the proper system.
  • Challenges: At GreenLeaf, product batches were not easy to trace, there was no adherence to sets rules and regulations to some extent on cannabis sales, and records which had to be kept for future audit were many times misplaced. The manual processes were complex and slow since they were invaded by a lot of errors.
  • Odoo ERP Implementation: GreenLeaf implement only the Inventory, Sales, and Compliance module by selecting Odoo. It also allowed for tracking of batches, inventory, and automatic generation of compliance reports that would keep the company on the right side of the law within the state.
  • Results: These tangible successes helped GreenLeaf increase inventory accuracy by 35% and lower compliance errors by another 25%. They also satisfied state audits by ensuring the system was in place.
  • Key Features: GreenLeaf was enabled to achieve compliance as well as integrate compliance with all its operations through use of Odoo’s Compliance and Inventory modules.

2. PureHerb: Maximizing Cultivation and Sales with Odoo ERP

  • Company Overview: PureHerb is a cannabis firm focusing on growing and selling of the plant in Canada. They required a strong framework that can efficiently handle the growth process and retail outlet in a single interface.
  • Challenges: Previous PureHerb faced several challenges, including the inability of identifying the definite growth cycle of the cannabis plants, building an efficient inventory system, and lacking knowledge of the potential sales of their plants. One problem was linked to the fact that cultivation and sales were not well-coordinated and thus resources were not properly optimized.
  • Odoo ERP Implementation: Specifically, Odoo’s Manufacturing, Inventory, and Sales modules were introduced at PureHerb. They were able to monitor plant development stages, control stock of raw materials and have information on the sales on the go.
  • Results: Thus, PureHerb increased the cultivation effectiveness by 40%, the quantity of products wasted decreased by 20%, and the accuracy of sales forecasting grew by 25%. The system also allowed the company to conduct cultivation and retail functions from the same interface.
  • Key Features: With the help of Odoo’s Manufacturing and Sales, PureHerb managed to provide its demanded cultivation with optimization while enhancing retail sales.

3. Cannamed: Enhancing Customer Experience and Loyalty

  • Company Overview: Cannamed is a medical cannabis provider which is based of operations in multiple states within the United States of America. They aim at enhancing their consumer relationship and also customer rewards in concordance with medical standards.
  • Challenges: Despite having a CRM (Customer Relationship Management) system Cannamed steepped orphaned from an efficient, reduced; medical prescriptions. The firm also had to provide a loyalty card as a means for keeping its consumers engaged with the business.
  • Odoo ERP Implementation: Cannamed used Odoo’s CRM, POS, and Loyce Program modules. The system assisted in the tracking of customers, prescriptions and the offering of bonuses to customers who were-repeat customer.
  • Results: Cannamed therefore enhanced customer loyalty by 30%, simplified the handling of medical prescriptions and equally complied with regulations on medical cannabis. In essence, a loyalty program helped boost repeat business by 20%.
  • Key Features: It was found effective by opening Cannamed accounts with Odoo’s help in Customer Relation Management and the Loyalty Program modules to raise the number of loyal customers and meet the necessary legal requirements.
 

References:

  1. GreenLeaf Dispensary Case Study – Available at Odoo Cannabis Solutions
  2. This case is available in the Successful Odoo Manufacturing and Sale Stories: PureHerb
  3. Cannamed Case Study – Available at Odoo Medical Cannabis Solutions