California-based cannabis producer, Canna Co is taking a revolutionary step towards improving the traceability of its products by implementing blockchain technology.
By leveraging distributed ledger technology, their system will track individual plants from seed to sale. This will allow customers and regulators alike to feel confident that they’re getting consistently safe and high-quality weed.
The new system is a great advancement for the cannabis industry, and it could help reduce mislabeling and increase transparency. Nevertheless, customers are able to verify that the product they’re buying has been tested for quality and safety. In addition, regulatory agencies will be better equipped to enforce laws about labeling and potency.
On January 13, the EMTRI project and tech firm Global Compliance Applications proudly announced their partnership with Mendocino Clone Company. This nursery specializes in cannabis clones baby plants that will be given a batch certificate. Furthermore, this will be done using blockchain technology from EMTRI. However, it will guarantee the provenance and quality assurance for all of its products.
Canna Co.’s groundbreaking system is just the beginning of a larger trend toward using blockchain technology in the cannabis industry.
However, as more companies begin to adopt this technology, consumers and regulators will have greater access to reliable data about cannabis products.
This could lead to an even higher quality level of marijuana. Not only on marijuana but also on other related products, as well as better compliance with regulations.
However, with this transition, the nursery is now able to “document the beginning stages of a cannabis plant’s journey. This will be a large step toward becoming a premium product for consumers based on the gram weight it flowers,” The report declared.
