California Cannabis Producer to Use Blockchain to Track Shipments

Mendocino Clone Company, a medical marijuana grower, has entered into an agreement with the EMTRI project and Global Compliance Applications to use distributed ledger technology. Blockchain-Based Platform to Track Marijuana Shipments and Confirm Its Authenticity. Each plant will receive its own certificate. “The new system will document all stages of cannabis becoming a premium product,” the company said in a statement. The first certificates on the blockchain for cannabis plants should appear in early February. Mendocino Clone plans to reward medical marijuana cultivators with EMT tokens. Tokens can be sold on Uniswap decentralized exchange or used for staking. “We are excited to be at the forefront of the legal cannabis industry. We are the first in the US to implement advanced technology in this way,” says EMTRI Corp co-founder Scott Zarnes. Note that the Canadian pharmacy chain Shoppers Drug Mart has been using blockchain to track the supply of medical marijuana since 2019.