Blockchain Technology Could Provide the Key to Transparency in the Canadian Cannabis Market

With Canadian cannabis legalization set for October 17, many investors and cannabis consumers are concerned with where their cannabis is coming from, according to an article featured inOttawa Life Magazine. With numerous cannabis companies claiming to have the “best-produced” and “highest-quality” cannabis products on the market, many consumers and investors are looking for a platform to help provide transparency to the market.

On such company that’s tackling the need for transparency is BLOCKStrain Technology Corp. (TSXV:DNAX). BLOCKStrain has developed a blockchain-based platform that verifies the quality and genome of cannabis products, which helps licensed producers stand out in the market and also provides transparency to consumers. Additionally, the platform can identify new breeds of cannabis, along with tracking the strains chemical makeup across the Canadian market to ensure that standards are being met. BLOCKStrain’s easy-to-navigate platform has recently been updated, which proves the company’s commitment to ensuring transparency requirements are being met.

“We are committed to making the BLOCKStrain’s proprietary technology suite as intuitive and cohesive of an experience for both LPs and testing providers. The data collected will be accessible and actionable to distribution partners and customers,” said Galarza. “This continuous feedback loop will give our partners an edge in the expanding global marketplace.”

To view the full article, click here.

Click here to connect with BLOCKStrain Technology Corp. (TSXV:DNAX) for an Investor Presentation.

Source: www.ottawalife.com