Search Results for: blockchain technology

Blockchain Technology Integration In The Cannabis Supply Chain

The report indicates that enhanced transparency and immutability, improving smart contracts, increasing security concerns are factors that drive the growth of the market.

NEW YORK: According to a market research reported by IndustryARC, the blockchain market in supply chain is expected to reach $424.24 million by 2023, with a compound annual growth rate of 48.37 percent during the forecast period. A supply chain is a network between a company and its suppliers to produce and distribute products or services to the Read the full article…

Latest Research On Blockchain In The Legal Cannabis Supply Chain Highlighted At SXSW

Blockchain in Cannabis Supply Chain

Blockchain in Legal Cannabis: Weeding Out Supply Chain Inefficiencies is latest addition to research firms’ eBook series TEXAS: Worldwide spending on legal cannabis is growing rapidly, but the market will not realize its full potential without efficient supply chains to deliver an expanding array of products. Blockchain technology could address this issue by providing greater Read the full article…

CanopyBoulder Invests $180,000 In Cannabis Startups, Raises $2 Million For 2018 Fund

CanopyBoulder Announces New Class

Marijuana business accelerator and venture fund launches ninth cohort of ancillary cannabis companies  COLORADO: CanopyBoulder, Canopy’s seed-stage investment fund and business accelerator for companies developing ancillary products and services for the legal cannabis industry, is pleased to announce the launch of the Spring 2018 class. Six startups are enrolled in Canopy’s 16-week accelerator program.  These businesses Read the full article…

POSaBIT Begins Trading On The Canadian Securities Exchange

POSaBIT

CANADA: POSaBIT Systems Corporation, a leading financial technology company delivering unique blockchain-enabled payment processing and point-of-sale systems for cash-only businesses with a focus on the cannabis industry, today announced that following the completion of its reverse takeover transaction it has begun trading on the Canadian Securities Exchange (CSE) under the ticker “PBIT”. “This is a significant Read the full article…

What You Should Know About Cryptocurrencies And Legal Cannabis

The $10 billion legal US marijuana industry has taken it upon themselves to expand their payment methods. Two alternatives over cash are recently being used, cryptocurrencies and loaded debit cards.

By Alex M In 2012, when Colorado and Washington legalized marijuana for recreational use, the whole cannabis community celebrated the beginning of the end of pot prohibition.   Something many people wanted to see had finally happened,  but while many entrepreneurs have joined the Green Rush, they have encountered more challenges and business hurdles than most expected. One Read the full article…

GreenMed Launches Cryptocurrency-Based Credit Card Processing App For Legal Marijuana Industry

Cryptocurrency startup GreenMed has announced the launch of its ERC20 token-backed debit and credit card service

CALIFORNIA: Pro-cannabis cryptocurrency startup GreenMed has become the world’s first one-stop shop for electronic payments in the legal marijuana industry. The platform enables customers to pay for legal marijuana with credit and debit cards. Apart from allowing card payment at dispensaries, the platform also allows users to pre-purchase for quick pick-up over its app. GreenMed is the first platform Read the full article…