Revolutionizing Cannabis Supply Chain Management with Alen Nguyen with Mainstem

Grassroots Marketing discusses Revolutionizing Cannabis Supply Chain Management with Alen Nguyen, CEO of MainStem.

MainStem, a Seattle based company that is revolutionizing supply chain management in the cannabis industry by utilizing technology and efficient operations. Alen has raised over $4.5 million in investment capital and doubled MainStem’s growth year after year since 2017.

Supply chain issues aren’t sexy but they’re emphatically here to stay. The cannabis supply chain is no different than other companies in that it relies heavily on Asia for the doob tubes, pre-roll filters, and even the Nitrile gloves produced overseas and currently sitting unloaded on freighters at the ports of Long Beach and LA.

As many as 95% of cannabis operators report already dealing with supply chain issues before the pandemic drove things to a virtual halt. MainStem’s proprietary SaaS platform helps purchasers see the entire supply chain operation from purchase to delivery, allowing for better decision making and less surprises. Based in Seattle and serving North America, MainStem has an everything-but-the-bud reach that provides a single-pane solution akin to the Amazon marketplace that allows companies to purchase and track in one spot for everything rather than purchasing separately invoiced items from separated vendors.

Cannabis Marketplace and Purchasing Platform MainStem, Inc. Named Microsoft Partner for Startups. MainStem, the cannabis industry’s only marketplace and combined integrated purchasing platform, is delighted to announce its recent selection as a Microsoft Partner for Startups.

MainStem, the cannabis industry’s only marketplace and combined integrated purchasing platform, is delighted to announce its recent selection as a Microsoft Partner for Startups.

The program, designed by Microsoft to “deliver startups access to technology, go-to-market and community benefits that help startups grow their customer and revenue base,” supports startups at various stages across the globe.

With a commitment of $500 million to the two-year initiative, Microsoft intends to offer joint sales engagements with startups and partner with founders and investors at all stages of development to propel growth.

https://www.prnewswire.com/news-releases/cannabis-marketplace-and-purchasing-platform-mainstem-inc-named-microsoft-partner-for-startups-301316063.html

Building Technology To Protect The Cannabis Supply Chain via @forbes https://www.forbes.com/sites/lewiskoski/2021/10/01/building-technology-to-protect-the-cannabis-supply-chain/

More specifically, in the cannabis industry, inventory controls or inventory tracking are the central theme for regulations. For the regulators tasked with accounting for the industry, being able to access information on the state’s entire regulated market in one, digital system gives them a single source of truth. And for licensed business owners who need to maintain compliance, it helps make state regulators more transparent and provide the necessary information and tools needed to stay on track.

For instance, the ability to recall a product that has been deemed a public health and safety hazard is extremely important for both state officials and licensed cannabis businesses. We saw this firsthand during the vaping crisis in 2019. At the same time, it’s important for regulations to be flexible enough to not stifle innovation or make day-to-day operations onerous for new businesses.

MainStem, the leading B2B ecommerce marketplace and integrated supply purchasing platform for cannabis companies, was founded in Seattle, Washington in 2014. Since the beginning, MainStem has evolved alongside its clients, as their needs transformed from state-wide to regional, national, and global. Dedicated to supporting cannabis companies’ growth through robust technology and partnerships with growers, manufacturers and dispensaries, MainStem works with businesses in all states where cannabis companies operate.