Nuuvera announced a joint partnership with Globalive Technology Partners to introduce some form of the blockchain technology into the cannabis market.
Nuuvera (TSXV:NUU) announced a joint partnership with Globalive Technology Partners (GTP) to introduce some form of the blockchain technology into the cannabis market.
As quoted in the press release:
Following the joint development of the blockchain technology, both Nuuvera and GTP will license the software around the globe to help increase the safety and security of records as well as help supply chain management globally.
The first of its kind partnership will see Nuuvera and GTP developing proprietary blockchain technology that will help validate the integrity and grade of cannabis products, from source to consumer.
“We’re extremely excited to partner with Anthony Lacavera and GTP on this disruptive global cannabis technology. In applying blockchain technology to this emerging industry, we will continue to shape the global cannabis market, and set an incredibly high bar for safety and consistency that will benefit patients everywhere,” said Nuuvera CEO, Lorne Abony.