California cannabis producer adopts blockchain to track its weed

A California-based cannabis nursery has turned to blockchain and astute contracts to verify the authenticity of its medicinal plants.

The cannabis nursery, known arsenic Mendocino Clone Company, was named successful a concern announcement from the EMTRI task and tech steadfast Global Compliance Applications connected Jan. 13.

It volition beryllium harnessing the project’s blockchain capabilities to certify each clones, oregon babe plants, with a batch certificate.

Cannabis nurseries are establishments that specialize successful works genetics, producing clones and babe plants and seeds for the intent of wholesale distribution.

The determination allows the nursery to “document the opening stages of a cannabis plant’s travel to becoming a premium merchandise for consumers based connected the gram value it flowers,” it stated.

Photo of a cannabis works nursery. Source: Mendocino Clone Company

The batch certificate is simply a self-generated astute contract for each clone batch. It provides each babe works with its ain “unique individuality block,” created by the nursery and linked to its Ethereum-based blockchain.

Its clients, which see commercialized farms and retail dispensaries, tin usage this to verify the authenticity of their clones and their familial lineage, it added.

The archetypal circular of batch certificate clones volition beryllium disposable starting the archetypal week successful February.

Additionally, licensed cultivators who acquisition Mendocino clones volition get entree to EMTRI token (EMT) rewards and amended rates for participating successful the blockchain project.

EMT was launched successful November 2022 to supply rewards for task participants. The tokens tin beryllium traded connected Uniswap for USDC oregon staked for further yields. EMT is not listed connected immoderate centralized speech oregon crypto marketplace information platforms specified arsenic CoinGecko.

Co-founder of EMTRI Corp, Scott Zarnes, commented:

“We are excited to beryllium astatine the forefront of the cannabis manufacture becoming the archetypal successful the United States to follow this cutting-edge exertion successful this manner,”

Related: Cannabis-focused crypto startup is launching an NFT community

Combining crypto with cannabis is not a caller concept, however.

In November, a cannabis-themed Metaverse task called Cannaland was launched to make a virtual satellite for cannabis enthusiasts. In January 2022, a customized tube shaper launched tokenized bongs with celebs similar Snoop Dogg and Santana snapping up the NFTs.

Projects specified arsenic PotCoin (POT) and CannabisCoin (CANN) aimed to supply a integer currency circumstantial to the manufacture arsenic acold backmost arsenic 2014, but they ne'er truly gained traction.