Introduction
New Standard, Michigan’s premier cannabis dispensary, has been making waves in the industry with its innovative approach to retail and customer service. This technological analysis will explore how New Standard is leveraging cutting-edge solutions to enhance the dispensary experience and streamline operations.
Key Technological Implementations
1. Point of Sale (POS) System
New Standard utilizes a state-of-the-art POS system designed specifically for cannabis dispensaries. This system offers:
- Real-time inventory management
- Compliance tracking
- Customer loyalty programs
- Seamless integration with state reporting requirements
2. Online Ordering and Delivery
The company has implemented a robust e-commerce platform, allowing customers to:
- Browse products online
- Place orders for in-store pickup
- Schedule home delivery (where legally permitted)
This system integrates with their inventory management, ensuring real-time product availability.
3. Digital Menu Boards
New Standard’s physical locations feature dynamic digital menu boards that:
- Display up-to-date product information
- Showcase daily specials and promotions
- Provide educational content about cannabis strains and consumption methods
4. Customer Data Analytics
The company employs advanced analytics tools to:
- Analyze customer preferences and buying patterns
- Optimize product offerings
- Personalize marketing campaigns
Future Technological Initiatives
New Standard is exploring several emerging technologies to further enhance its operations:
- AI-powered recommendation engines to suggest products based on customer preferences and historical data
- Blockchain integration for improved supply chain transparency and product traceability
- Virtual reality experiences to educate customers about cannabis cultivation and processing
Conclusion
New Standard’s commitment to leveraging technology sets it apart in Michigan’s competitive cannabis market. By continually innovating and adopting new solutions, the company is well-positioned to maintain its status as a premier dispensary while providing an exceptional customer experience.