EXCLUSIVE: Cannatech Co. Lucid Green Launches Chrome Extension Making Inventory Intake Faster – Removing Secondary Stickering

Cannabis-focused technology company Lucid Green has launched LucidRetail LITE – a new solution and first-of-its-kind Chrome extension that makes inventory intake faster and more cost-effective by removing the need to sticker products.

“LucidRetail LITE helps the cannabis industry tap into the power of tech in ways never before possible,” stated Lucid Green senior vice president and retail platform general manager, Rick Bashkoff. “This new solution empowers retailers to realize new time and cost savings by streamlining inventory management. LucidRetail LITE is a huge advancement in realizing our mission of building a trusted and transparent cannabis ecosystem.”

Cannabis is one of the fastest-growing industries, but crippling regulatory requirements & costly inventory management threaten business viability. Additionally, the cannabis industry has not been afforded many of the tech solutions that other industries use to streamline manual processes and save time.

The new solution uses Lucid Green’s dynamic QR codes, CaseIDs, to eliminate stickering and streamline product truck-to-shelf time. By simply scanning the CaseID on a case of products, all the individual units in that case are now available to be scanned at checkout. No further stickering required.

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Photo: Courtesy of Lucid Green

Additional benefits of LucidRetail LITE include

• Empowering retailers to compress the time from truck-to-shelf;

• Helping inventory teams save time;

• Eliminating manual labor costs;

• Reducing manual errors;

• Providing brands with a more cost-effective way to pre-ticket products for retailers.

The only requirements are that retailers need a LucidRetail account and use Treez or Dutchie as their POS system in order to use the Chrome extension. There will be support for additional POS systems in the future. It takes under 45 minutes for retailers to deploy the LucidRetail LITE solution.

Feature Image: Courtesy of Add Weed on Unsplash