According to Forbes, if there are two markets guaranteed to make the most money over the next few years, they are cannabis and artificial intelligence. These two make a formidable pair with the coronavirus pandemic boosting demand.
Cannabis has become more popular than ever because of COVID-19 restrictions, quarantines, and lockdowns. Consuming cannabis is expected to rise by $76.3 billion in 2027. Meanwhile, A.I. contributes so much to the industry as small to medium-scale cannabis-related businesses take advantage of new technology that’s essential in the cannabis growing process.
Artificial Intelligence and Robotics in Cannabis Cultivation
Cannabis cultivation is a straightforward process, however, growing plants for industrial use may need specialized equipment used to provide specific care. A.I. and robotics can help with the monitoring of growing area conditions such as lighting, temperature, air circulation, soil and water pH, and nutrient levels. Machines may be used to monitor and make crucial adjustments ASAP to help make cultivation easier, more efficient, and more successful.
Robots are now employed in large-scale cannabis cultivation. These robots can help map out spacing, watch out for growing problems, and correct these as necessary. Artificial intelligence-enabled cameras are used together with A.I. sensors and drones to take snapshots or real-time images of the growing area.
You’ll find amazing growing technologies stemmed from A.I. and robotics like Bloom Automation’s cannabis robot, which helps farmers grow cannabis. This robot can help during the growing and flowering phase and can also assist in harvesting large amounts of cannabis at the correct times.
A.I. Helps in Analyzing Risks
Artificial intelligence is used in many types of programs that analyze risks when it comes to marketing various cannabis-related products. Entrepreneurs rely on data collected by artificial intelligence and use it to analyze costs and profits, in the use of new online marketing strategies and so much more.
A.I. is also used in supply chain monitoring which can benefit even small-scale growing and manufacturing industries. Artificial intelligence gathers crucial data, and updates supply records regularly. When low supply alarms are triggered, A.I. will automatically place orders to your suppliers so that production remains uninterrupted.
Even the distribution of final cannabis products to suppliers and buyers may be optimized by A.I. The system does this by first collecting and then analyzing data from every phase of the supply chain. From data collected from producers to vendors to transport channels to retailers, A.I. will reveal areas that need improvement.
A.I. and Robotics in Packaging and Labeling Products
Automated systems are equipped with artificial intelligence and use robots to create correct labels for different products. Because cannabis products are required by law to have proper labels that include information about correct cannabinoid amounts, growing and collection data, A.I. ensures that all labels are accurate.
A.I. makes use of algorithms to prevent any compliance problems. There’s precise scanning, monitoring, and listing of the different components so that consumers have the correct information for products that they purchase. With A.I. and robotics, consumers can formulate correct expectations regarding a cannabis product. One such example of A.I. and robotics for cannabis labeling is Strain Brain, which is a robot that is capable of recognizing and labeling more than 100 kinds of cannabis strains.
A.I. Improves Consumer Experience
Creating a good customer experience is the heart of every cannabis distribution chain. Since cannabis consumption varies from one user to another, machine learning methods may be used to analyze tons of consumer data. Consider that consumers have different physiological make-ups and thus, every consumer may have his or her type of strain as preference. Other factors are also considered, such as the environment, tolerance levels, and food consumption; again, these vary from person to person.
A.I. is used by cannabis companies to find out what their users want and what they need to add or remove to create the ideal cannabis product. A.I. can help predict trends and companies can use these to provide the best buying experience for their consumers.
There are more ways artificial intelligence and robotics are changing the face of the cannabis industry. It’s exciting to find out what’s next especially when you or any family member rely on medical cannabis or CBD products. With better cannabis regulations, cannabis use will surely be explosive with A.I. and robotics paving the way.
What are your thoughts on how artificial intelligence is shaping the cannabis industry? Let us know down in the comments.
This article originally published on GREY Journal.