SAP Sapphire Navisite announced today the expansion of its SAP services with tailored solutions for the cannabis industry. Building on the company's 20+ years as a digital transformation partner for mid-market and smaller enterprise companies, Navisite is empowering agricultural, medical, and adult-use cannabis companies to accelerate growth with solutions that span the entire seed-to-sale process, from grower dashboards to quality management, tracking and reporting.
"Cannabis companies need highly scalable, flexible systems that can keep pace with demand, delivering greater intelligence and agility across their operations," said Gina Murphy, president, and chief transformation officer at Navisite. "With our cannabis solutions, we bring a unique combination of SAP, business process, and technology expertise to help our customers modernize on SAP and fully capitalize on new market opportunities."
Industry data projects U.S. cannabis sales to more than double to $72 billion in 2030. As an emerging, fast-growth industry, cannabis companies face a number of challenges, from changing regulations across states and countries to safety considerations, labor shortages, and supply chain issues. By partnering with Navisite to implement a modern enterprise solution on SAP, cannabis companies can significantly mitigate risk and leverage intelligent technologies, including next-generation analytics, automation, and tracking capabilities that enable full visibility and management from cultivation through processing and delivery.
For example, Navisite helped cannabis pioneer Trulieve complete a breakthrough digital transformation on SAP S/4HANA, the future-ready enterprise resource planning (ERP) system that supports AI, machine learning, advanced analytics, and more. Trulieve is the latest in a series of cannabis companies that Navisite has helped transform, making it a leader in technology consulting and solutions implementation for the agricultural, medical, and recreational cannabis industry.
"Navisite's implementation of S/4HANA in Florida, our largest market, has been transformational, and we have plans to expand across all our markets," said Nilyum Jhala, CTO of Trulieve. "Trulieve is well positioned for continued growth in the cannabis industry, and we look forward to a long and mutually beneficial relationship with Navisite."
For attendees at SAP Sapphire in Orlando, Florida, May 10-12, Navisite will co-present with Trulieve in the session titled: "Speed the Growth of New Business Ventures with SAP S/4HANA." For more information about Navisite's SAP services, visit booth #PA213.
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