Clones will be certified with a smart contract on the blockchain to verify their authenticity and genetic lineage.
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Marijuana News
Marijuana is a drug manufactured from the plant cannabis and used for medical and recreational usage. Marijuana is used for its mental and physical effects, such as euphoria and changes in perception. Long-term consuming of marijuana can lead to addiction, decreased mental capabilities and psychosis. Marijuana consumption is illegal in most of the world, but is still widely used. The Bitcoin marijuana industry was one of the driving factors of the cryptocurrency popularization, because of the privacy in crypto transactions. Dark markets allows users to buy both marijuana seeds with Bitcoin and to order ready-to-use marijuana with it. But using Bitcoin for medical marijuana purchases is also available and used in countries where it is legal, and stores are starting to accept payments in crypto. The relationship between Bitcoin and the marijuana industry are a concern for authorities and one of the major reasons why there are possible cryptocurrency restrictions.
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“As an artist, we need a certificate of authenticity to connect to the art. NFTs act as a certificate of authenticity and create value and legacy,” said Jerome Baker Designs founder and president Jason Harris.
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Inter-blockchain technology takes independent chains and shapes them into a network, as seen by a cryptocurrency team focused on cannabis-related industries.
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A crypto company that aims to support cannabis businesses and enable shoppers to find quality products has announced it is switching to the Cosmos blockchain.
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Cannabis users in the state may soon be able to pay for their green without cash.
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Measure Protocol, a blockchain-based data marketplace, has partnered with the Broccoli app to create a cannabis research project.
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Medical and recreational cannabis producer Uruguay Can taps Aeternity’s blockchain to track its supply chain.
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Big Four auditing firm Deloitte has partnered with blockchain startup TruTrace to track cannabis using blockchain technology.
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A drug-dealing couple has pleaded guilty to selling a variety of controlled assets on the dark web in exchange for cryptocurrencies.
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An Arizona startup is testing its stablecoin payments platform for the medical marijuana industry through the state’s fintech sandbox.
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Diversified crypto and blockchain firm DMG Blockchain will develop a blockchain-powered platform to manage supply chains in the Canadian marijuana industry.
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How these non-traditional asset classes are using each other to break down barriers.
10925 CyberCar, the Colorado-based IoT firm, is putting their knowledge of Blockchain technology to work in helping monitor the medical marijuana industry.
14816The US psychedelic research organization MAPS has started accepting Bitcoin donations. The move is the latest in a series of beneficial decisions for Bitcoin from the US’ fledgling medical marijuana industry.
891Ann Rivers, a Washington State senator, introduced last week a bill to ban the use of bitcoin in purchasing or selling marijuana-related products.
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