Permanent conferences around Europe and Asia. It would be interesting to visit it sometimes.

The cannabis industry in the U.S. is exploding, with a projected value of $50 billion, and it is predicted to grow exponentially in the future. The buzzkill remains a lack of consistent regulations and non-standardized rules of trade across state lines, forcing much of the industry to operate in the shadows and remain essentially shunned by the nation’s established economic system.

Despite legalization, many people still prefer buying cannabis through black market channels in hopes of obtaining their favorite strains at cheaper prices.

A good bounty company, many ways to earn money and gain knowledge

Another experienced member of the Budbob team

Having launched in 2016, Budbo, a U.S. based startup, initially developed a “tinder-like” mobile application to help users find their favorite strains and products at nearby dispensaries. Now boasting of nearly 100,000 users and 2,000 dispensaries as part of its network, Budbo’s platform consists of a mobile phone app and a cloud-based backend business intelligence platform, which also provides a delivery tracking service aimed at ensuring full visibility and compliance of the cannabis delivery process. Budbo is now a respected and established presence in the cannabis ecosystem, and is looking to elevate its offering in a major way by tapping into blockchain technology.

Good luck Budbo, Tier-2 will be even more successful than previous ones

Here are 8 things which have happened post the legalization of cannabis:
Tax revenue
Availability of Medical cannabis
Loss of business for cross-border trade
Product Regulation
Reduction in levels of crime
Beer sales decline
Drop in sales of prescription drugs 
Creation of new jobs

Need of a Blockchain Revolution

Budbo believes the cannabis industry lacks the basic framework to seamlessly integrate into the country’s mainstream economy. Company leaders argue the persistent marginalization and fragmentation of the cannabis sector can be alleviated through blockchain technology.

The legalized marijuana industry is fast establishing itself as a significant contributor to positive socio-economic changes across many states of U.S. Budbo is building a blockchain based supply chain management and data aggregation solution for the cannabis industry. The data aggregated by Budbo about this industry can help cannabis advocates build a stronger case in favour of marijuana legalization across all states of U.S.

“Blockchain possesses the power to streamline the processes of cannabis industry,” says Budbo CTO Jacob Patterson. “This system we are working on will ensure that cannabis moves safely and through proper channels, with all movements and history accounted for in a decentralized and immutable ledger.”