How legal marijuana will be distributed with blockchain

https://www.reddit.com/r/icocrypto/comments/7rh1am/how_legal_marijuana_will_be_distributed_with/

#Budbo looks to streamline the budding legal #marijuana market with a #blockchain-based supply chain. It improves the buyer-seller interface by allowing users to identify preferred cannabis products and locate licensed suppliers selling those products.

https://www.newsbtc.com/2018/02/10/get-drugs-time-budbo-introduces-first-cannabis-blockchain-supply-chain

Hi Guys, we will no longer accept new registrations post 27th Feb 2018. Those who have already registered themselves can continue their activities till the end of the token sale, i.e. 5th March 2018, and anyone who wishes to be a part of our bounty campaign still has 2 days to register. To register for our campaign, Click here- https://bt.irlbtc.com/view/2658594.msg27100328#msg27100328

Thanks for the update. This is great news that Budbo is moving onto next stage. Tier 3 coins will most likely get sold in 24-48 hours.

President Trump has ordered increased enforcement of federal marijuana laws in states that have legalized it. But the industry that has spent most of its life in the grey market is not going to be bullied. Like other industries, the marijuana industry is moving to the Blockchain and creating a self-regulating model. In the process, it is leapfrogging ahead of other industries in terms of legal and industry compliance.

Speaks for itself

The cannabis industry has cropped up at a rapid pace in US states that have legalized marijuana for medical and recreational use. Over 2,000 marijuana dispensaries carrying over 300 different strains of cannabis now operate across the United States. Despite over $50 billion in annual sales, the market that functioned as an underground ‘pot’ economy until only recently operates more like a ‘chiefing’ stoner, inhaling all the good stuff and not passing it around.

The cannabis data analytics provider has developed a cloud platform that tracks the entire cannabis life-cycle, from seed to sale. The grower, manufacturer and dispensary all conduct development, sales and distribution activities transparently in compliance with national and state regulations. All transaction information across the lifecycle becomes part of a decentralized repository that can be leveraged to create cannabis product and quality control standardization across channels. The improved regulatory oversight could pave the way for the national legalization of cannabis.

In the uncharted waters of legal cannabis, startup Budbo is using blockchain technology in its intention to make the industry safer.
What do Colorado, Belgium, Portugal, and The Netherlands have in common? They are all places where an entirely new worldwide industry is growing thanks to the decriminalisation or legalization of a product already used by 200 million people worldwide: cannabis.