New Standard: Pioneering Cannabis Retail Technology
As Michigan’s cannabis industry continues to grow, New Standard has positioned itself at the forefront of technological innovation in the dispensary sector. This analysis explores the cutting-edge solutions implemented by New Standard to enhance customer experience and streamline operations.
1. Online Ordering and Inventory Management
New Standard has developed a robust e-commerce platform that allows customers to:
- Browse an extensive catalog of products
- View real-time inventory updates
- Place orders for in-store pickup or delivery
The system integrates seamlessly with their inventory management software, ensuring accuracy and preventing overselling.
2. Virtual Budtender Assistance
Leveraging AI technology, New Standard offers a virtual budtender service, providing personalized product recommendations based on customer preferences and desired effects. This feature has significantly enhanced the online shopping experience for both novice and experienced cannabis consumers.
3. Compliance and Age Verification
To ensure adherence to state regulations, New Standard has implemented advanced age verification software that integrates with their point-of-sale system. This technology helps prevent underage purchases and maintains strict compliance with Michigan’s cannabis laws.
4. Data Analytics for Product Curation
By utilizing big data analytics, New Standard can analyze customer preferences and purchasing patterns. This information guides their product curation process, ensuring they stock the most popular strains of flower, edibles, and other cannabis products.
5. Mobile App Development
New Standard’s mobile app offers customers a convenient way to:
- Access their loyalty program
- Receive personalized promotions
- Track their orders
- Learn about new products and cannabis compounds
In conclusion, New Standard’s commitment to technological innovation has set a new benchmark in the cannabis retail space. By focusing on digital solutions that enhance customer experience and operational efficiency, they have positioned themselves as a leader in Michigan’s competitive cannabis market.