Disruptive technology is changing our daily lives and agriculture is not immune from this digital wave. Allan McCallum discusses whether we should see this new technology as a threat or embrace it as an opportunity.
Allan is Chairman of Cann Group Limited, Australia’s first licensed/permitted grower of medicinal cannabis in Australia. Allan has led and been part of the team that instituted privatisation of the grain industry storage, handling and transport sector, (Vicgrain/ Graincorp) and the merging of regional based fertiliser businesses that became a global leader in explosives (Incitec Pivot). Via his work with Tassal, which is now a world leader in sustainable salmon production, Allan has been active in the restructure of the Tasmanian salmon industry.
Agtech is an often used definition for various technology used in the agricultural industry. According to Start Up Australia, Agtech refers to the collection of digital technologies that provide the agricultural industry with the tools, data and knowledge to make more informed and timely on-farm decisions and improve productivity and sustainability.
Allan uses Cann Group Limited as a case study that shows that embracing agtech set then on a path to building a world-class Australian business in the emerging medicinal cannabis industry. He also focuses on the challenge of how to bring an agribusiness concept to market from a start-up to listing on the ASX in a period of rapid disruption.
Please enjoy Allan’s presentation.
This blog is part of the LBS Innovation Series, developed by Dr Mark Cloney, Professor of Practice in Economics at La Trobe Business School.
More blogs in the 2019 LBS Innovation Series: