Learning a new software platform, no matter how simple or complex, can be intimidating. However, the time invested in learning to utilize new software is worth it long term. For instance, first-time users of MJ Freeway’s new analytics platform, MJ Analytics, might be a bit overwhelmed with the granularity of the platform, especially if they are not already familiar with business intelligence analytics. Fortunately, like many other software systems, the MJ Analytics platform is an incredibly intuitive system that gets easier with continued use and is worth the initial time investment spent understanding how it works because it provides users with crucial insights into how they can improve and scale their business.
In this blog, we will detail some of the most critical reports that are useful for cannabis cultivators and explain how users can maximize those insights with MJ Analytics.
What is the type of data collected by MJ Platform?
Before we dive into the types of reports you can analyze with MJ Analytics, let’s first talk about the two types of data that MJ Platform collects: transactional and analytical data.
Transactional data provides users with an overview of day-to-day operations, for example, how many plants were destroyed each day. This type of data gives a granular view of regular operational efforts.
On the other hand, analytical data provides a bird’s eye view of an operation. Analytical data helps cannabis cultivation operators with decisions like what strain of seeds they should purchase for better yields or the average growth stage for their plants. Using this macro data, users will be better equipped to determine long-term trends and costs.
By combining both types of data, cultivators can use MJ Platform to gain a more holistic view of their grow’s operations.
Cannabis Grow Inventory, Purchase Orders & Transfers Reporting
Within MJ Analytics, operators may filter their data into three main options: inventory, purchase orders, and transfers. Here, users can find the types of information captured in each category:
Inventory
- Track inventory through product number, product name, item quantity, weight, etc.
- Filter items by Product Name, Item ID, Package Number, Category, Subcategory
Purchase Orders
- Search by Date Ordered, Date Received, Purchase Order Number, Partner Name
- Toggle between presets to include date ranges like last seven days, 30 days, etc.
- Search purchase order reports by facility name, purchase order number, line-item ID, Vendor invoice number, partner name, and license number.
Transfers
- View transfers by facility, month/year, category, as well as a high-level overview
- Search by transfer date, transfers number, transfer status, order quantity UOM, transferred quantity, driver name
Within each of these categories, users can move from a high-level overview to increasingly granular level reports for more in-depth views. By clicking down into these more detailed reports, users will have even more subcategories to select from, making it easier to narrow down searches and view specific details relating to each area of the business.
Cannabis Cultivation Plant Analytics
While MJ Analytics aggregates data from all aspects of a cannabis grow, including inventory, purchase orders, and transfers, the plants are the heart of a cultivation, so it makes sense that operators should be able to track and gain insights from their plant data. With MJ Analytics, cannabis cultivators can dig deep into their plant data so they can understand patterns and trends to maximize efficiency and grow their business, including reports based on plants, plant movement, plant feeding schedules, and harvest batches:
Plants – Cultivators can view their current living plants and their growth stages while planning out a division of labor and resources. With the plant dashboard, operators can:
- Search and sort living plant count by strain, stage, plant type, dominance, planting date, etc.
- Make projections based upon planting data, projected yield, plant count by growing date, projected phase changes (from plant to veg to flower to harvest)
- View the plants dashboard/forecast for specific data sets
- Sort by building, room, zone, section, facility name, plant ID, harvest batch, plant batch, and date, phenotype, strain name, dominance, and stage
Plant Movement – Compliance is critical in the cannabis industry, and the cornerstone of compliance is tracking the movement of plants. The plant movement dashboard will allow users to:
- Track the movement of their plants, both from a regulatory and operational standpoint
- Search by plants with growth phase changes, plants with location changes, count of plants in the growth stage, average days in the growth stage, plants by section, average days in section, etc.
- Filter plant movement locations by organization name, facility name, plant tracking ID, strain name, batch name, growth phase, date moved in, and date moved out
Plant Feeding Schedule – With the Plant Feeding Schedule dashboard, facilities can micromanage production costs to a significant degree, enabling users to:
- Track the count of feeding schedules, calculated cost by feeding schedule, vendor unit cost by ingredient, feeding schedule by date applied, count of plants
- Sort feeding schedule reports by ingredient name, number, category, count of feeding applications.
Harvest Batch – One of the best ways to run a cannabis grow as efficiently as possible is to track harvests. With the harvest batch dashboard, operators can:
- Track harvest batch count, weight by strain, wet weight by harvest date, active batch count, count of the finished batch
- Compare yields between lighting solutions
- Find out which strains have the highest yield with the smallest footprint
By combining micro-level data with macro-level insights, MJ Platform users can dramatically improve their cultivation operations’ efficiency and transparency. Knowing which strain produces the highest yield with the smallest footprint, for instance, can save a ton of money for cultivators. MJ Platform and MJ Analytics also tracks data across the entire supply chain, making it easy for full vertical operations and multi-state operators to track the efficiency and profitability of each of their grows, manufacturing facilities, and dispensaries. Learn more about the business intelligence you can gain from MJ Analytics to help scale your operation by clicking here.