Europe’s New ‘Seed-to-Shelf’ Cannabidiol Blockchain Monitoring Software

Cannabidiol customers involved concerning the high quality of their product within the EU can now hint the plant’s journey from when it was first planted within the fields to when it was bought in retail shops.

An Aug. 6 assertion from the Cannabinoid Affiliation of the Netherlands (CAN) revealed it might make a blockchain software — CanCheck — free for shoppers to trace cannabidiol (CBD) merchandise within the EU on-line. HempFlax, one of many group’s founding members, and Europe’s largest unbiased grower and processor of business hemp, will probably be one of many first to supply traceable CAN merchandise.

CEO Mark Reinders mentioned full traceability would assist shield shoppers as they may now “hint the manufacturing of hemp-derived cannabidiol merchandise from shelf to seed.” 

Regulatory our bodies within the EU lately decided that CBD wouldn’t be categorized as a “meals,” and was not topic to the identical laws.

Hemp throughout the globe

The seed-to-sale idea isn’t restricted to CBD organizations in Europe. StrainSecure, an identical blockchain-based cannabis tracker based mostly in North America, introduced in January it might be offering DNA-based validation of medical hashish merchandise. Hashish is authorized in Canada for each leisure and medicinal functions, however legality in america varies state-to-state.

Uruguay, the primary nation on the earth to utterly legalize hashish manufacturing and sale, was additionally one of many first nations with a supply chain tracker utilizing blockchain Aeternity.

Hashish and crypto

In September, Berkeley Metropolis Council member Ben Bartlett used Bitcoin Money (BCH) and the stablecoin Common Greenback (UPUSD) to purchase cannabis at a neighborhood dispensary. Hashish is now authorized throughout California, with many dispensaries now accepting Bitcoin (BTC) as fee.

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