Here’s how this grower runs their crypto cannabis nursery

Crypto developers have offered projects for cannabis enthusiasts in the past. In 2014, there were projects like PotCoin (POT) and CannabisCoin (CANN). These aimed to provide a digital currency specific to the cannabis industry. However, they failed to become popular. Then, in January 2022, a custom pipe maker launched a token bong project. Celebrities like Snoop Dogg and Santana participated in the project, collecting NFT. In November 2022, professionals created a virtual world for cannabis lovers. It was a metaverse project called Cannaland. In 2023, here is the new project launched in California that combines crypto and cannabis.

Verify the authenticity of cannabis plants using blockchain

A cannabis grower from California has blockchain oriented AND smart contracts to run his business. He found a way to use these crypto technologies to ensure the authenticity of each of his medicinal plants. Cointelegraph media reported the news via a tweet this January 16. He stated: Cannabis enthusiasts will now be able to track their favorite buds on the blockchain through smart contracts that verify their authenticity “.

The cannabis grower’s nursery is called the Mendocino Clone Company. It will now mine cryptos guarantee the certification of all clones (baby plant) contains. Since January, it has been involved in an agreement between the EMTRI project and the technology company Global Compliance Applications.

Revolutionary technology?

High quality products

Each batch of clones in the nursery will be linked to onesmart contractautomatically generated which will act as a group certificate. The latter allows each baby plant to have a “unique identity block“. The block in question was created by the incubator which has its own blockchain based on Ethereum.

It seems that blockchain technology will allow the nursery of cannabisprovide a high-end product to consumers. The nursery will be able todocument the early stages of a cannabis plant’s journeyto achieve this result.

By the first week of February 2023, the first batch of batch certificate clones will be ready. That said, purchasing Mendocino clones from licensed growers will give them access to EMTRI’s EMT token rewards. Growers will also be able to take advantage of preferential rates to participate in the new the blockchain project. Scott Zarnes, co-founder of EMTRI Corp, said:We are happy to be at the forefront of the cannabis industry, becoming the first in the United States to adopt this cutting-edge technology in this way“.

Get an overview of news in the world of cryptocurrencies by subscribing to our new service of newspaper daily and weekly so you don’t miss any of the essential Cointribune!

Avatar Luc Jose Adjinacou
Luc Jose Adjinacou

No less than it dampened my enthusiasm, an unsuccessful investment in a cryptocurrency in 2017 only increased my enthusiasm. Therefore I decided to study and understand the blockchain and its many uses and transmit with my pen information about this ecosystem.

Leave a Comment