
The Dime
by Bryan Fields & Kellan Finney
Latest Business Ideas
AI-Driven Pest and Disease Detection System
This business idea focuses on developing an AI-powered system specifically designed for cannabis cultivation facilities that can detect pests and diseases, like powdery mildew, before they become visible to the human eye. By utilizing advanced sensors and machine learning algorithms, this system would continuously monitor environmental conditions and plant health, providing real-time alerts to growers. This proactive approach not only helps in mitigating crop loss but also enhances overall yield by allowing growers to address issues promptly. The target audience would primarily be commercial cannabis growers looking to increase their efficiency and yield while reducing the risk of crop failure. Implementing this system could involve partnerships with existing sensor technology companies, software development for the AI analytics component, and creating a user-friendly dashboard for growers to monitor their crops remotely.
From: Secrets Behind Failed Cannabis Builds: Where Every Team Needs to Look Now ft. David Fettner
Consultation Service for Cannabis Facility Design
This business idea involves creating a consultancy service specifically tailored for entrepreneurs looking to establish cannabis facilities. The service would provide guidance on site selection, compliance with zoning laws, and building design tailored to the unique needs of cannabis cultivation. By leveraging expertise in construction and zoning law, the consultancy could help clients avoid costly mistakes and navigate the complex regulatory landscape. This service would target new cannabis entrepreneurs and operators who may not have the experience or knowledge to effectively manage these aspects. The consultancy could offer tiered service packages, from basic site evaluations to comprehensive project management services, potentially generating revenue through consulting fees and ongoing support contracts.
From: Secrets Behind Failed Cannabis Builds: Where Every Team Needs to Look Now ft. David Fettner
Sustainable Cannabis Facility Design Service
This business idea proposes offering a specialized design and consulting service focused on creating sustainable cannabis cultivation facilities. This service would incorporate renewable energy solutions, such as solar and geothermal technology, alongside advanced building materials that minimize environmental impact. As the cannabis industry becomes increasingly aware of its ecological footprint, this service would cater to operators looking to upgrade existing facilities or design new ones with sustainability as a core principle. The target market includes cannabis entrepreneurs who are committed to responsible growing practices and are seeking to differentiate themselves in a crowded marketplace. The implementation could involve partnerships with green technology providers and educational content to inform clients about the benefits and ROI of sustainable practices.
From: Secrets Behind Failed Cannabis Builds: Where Every Team Needs to Look Now ft. David Fettner
AI Visual QC for Manufacturing
This idea revolves around developing an AI-powered visual quality control system specifically designed for automated manufacturing lines. The system would use computer vision, cameras, and sensor data to continuously inspect products during production, ensuring that they meet predetermined quality standards. By allowing users to adjust tolerances and quality percentages, the tool would help manufacturers maintain consistent output while reducing the need for manual inspection. The implementation would involve building a SaaS platform that integrates easily with existing production hardware. Using machine learning algorithms and visual inspection techniques, the product can provide real-time feedback on quality, highlighting defects that require manual review. This not only improves the overall reliability of the production process but also reduces labor costs associated with quality control. The primary target audience would be manufacturers in sectors such as cannabis pre-rolls, food, and beverages, where consistent product quality is critical. The platform could start with a basic model that manufacturers can trial and later evolve through integrations with advanced sensor hardware and AI enhancements, ensuring scalability and continuous improvement of product quality control processes.
From: The ROI of Pre-Roll Automation: Scaling Quality, Reducing Labor, and Hitting 20K+ a Day ft. Shahar Yamay
ROI Automation Investment Calculator
This business idea involves creating a digital ROI calculator tailored for manufacturers contemplating automation investments. The tool would allow business owners to input various parameters such as production volume, labor costs, machine costs, and operational thresholds to provide an in-depth analysis of the financial benefits of automating their processes. With thresholds highlighted (for example, a production level of 30-50K units as a make-or-break point), the calculator would serve as a decision support tool, offering clear metrics on potential efficiency gains and cost savings. Implementation would involve developing a user-friendly web application (a SaaS product) that features customizable input fields, dynamic charts, and benchmarking tools. It could integrate with existing financial software to pull in real-time data and use established manufacturing ROI formulas to deliver precise results. Target users include small to mid-sized manufacturers in industries such as cannabis where automation is gaining traction, but the fundamentals apply to any production operation looking to streamline operations. By demystifying the investment required for automation, this tool can guide entrepreneurs in making informed decisions and planning their scale-up initiatives effectively.
From: The ROI of Pre-Roll Automation: Scaling Quality, Reducing Labor, and Hitting 20K+ a Day ft. Shahar Yamay
Cannabis Brand Expansion Marketplace
The second idea targets the current trend of California cannabis operators seeking new markets due to regulatory and operational challenges at home. Entrepreneurs can develop a digital marketplace platform designed to connect established cannabis brands from saturated markets with prospective opportunities in more welcoming states or even international markets. This platform would offer tools for regulatory compliance guidance, market analytics, and matchmaking services between brands and local distributors or investors. The solution essentially serves as a bridge for brands looking to leverage their hard-earned reputation and adapt in markets with less burdensome regulatory environments. By implementing this idea, a small business or solo founder can use modern web technologies and SaaS models to build an integrated platform that facilitates cross-border or interstate expansion. The platform could include features like localized market analysis, regulatory checklists, marketing tools, and partnership networks. The target audience includes cannabis operators from over-regulated environments (such as California) and new market entrants desiring proven brands. This marketplace not only helps brands diversify geographically but also stimulates local economies by introducing robust, well-tested products in emerging markets.
From: Keep Your Eye on Ohio: Why California’s Failures Are Michigan’s Success, and the Global Cannabis Landscape ft. Hirsh Jain
Automated Pre-Roll Packaging
The first business idea focuses on leveraging automation for cannabis pre-roll production. Entrepreneurs can develop or distribute automated packaging and filling solutions for pre-rolls, addressing common pain points such as labor inefficiencies and inconsistent product quality. By transitioning from manual to automated processes, cannabis businesses can upscale production, ensure a cleaner and tighter finished product, and appeal to premium market segments. This concept is not only relevant for internal production improvements, but it also opens up opportunities for B2B offerings where manufacturers provide integrated automation solutions combined with digital management systems for inventory and quality control. To implement this idea, a digital entrepreneur or a small, technically inclined team could either build proprietary hardware/software or partner with existing automation specialists to create a turnkey solution. The platform can incorporate data analytics to monitor production efficiency and maintain compliance with industry standards. The target audience includes licensed cannabis cultivators and product manufacturers seeking to upgrade their production lines, and the approach could involve subscription-based software upgrades and maintenance services alongside physical equipment sales.
From: Keep Your Eye on Ohio: Why California’s Failures Are Michigan’s Success, and the Global Cannabis Landscape ft. Hirsh Jain
Recent Episodes
Secrets Behind Failed Cannabis Builds: Where Every Team Needs to Look Now ft. David Fettner
Host: Bryan Fields & Kellan Finney
3 ideas found
The ROI of Pre-Roll Automation: Scaling Quality, Reducing Labor, and Hitting 20K+ a Day ft. Shahar Yamay
Host: Bryan Fields
Keep Your Eye on Ohio: Why California’s Failures Are Michigan’s Success, and the Global Cannabis Landscape ft. Hirsh Jain
Host: Bryan Fields & Kellan Finney
Get Business Ideas from The Dime
Join our community to receive curated business opportunities from this and hundreds of other podcasts.