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Blockchain’s Potential Impact on Cannabis Supply Chain Management

Blockchain has the potential to be the ideal mechanism in which regulatory bodies can capture the history of cannabis through the entire supply chain.

By using the immutable ledger that blockchain offers, operators and consumers will have a wealth of vital information about the product they’re dealing with. Developments in the space will reduce separation from involved parties and greatly improve efficiency and accountability in the space.

Supply Chain Management with Blockchain: Blockchain has the potential to be the ideal mechanism in which regulatory bodies can capture the history of cannabis through the entire supply chain, ultimately ensuring consumer safety and product quality control. By using the immutable ledger than blockchain offers, consumers and operators will have vital information about the product they are dealing with – from seeds, water quality, and fertilizer used, to patient ID’s and doctor certificates. This means less separation between producers, growers, labs, dispensaries, and consumers. For more information, visit http://www.theblincgroup.com/