The cannabis industry is constantly evolving and innovating, and blockchain technology is playing a major role in shaping its future. Mendocino Clone Company (MCC), a leading provider of cannabis clones, has recently announced that they have joined the EMTRI Project, a decentralized cannabis supply chain community, and have implemented EMTRI Corp and tech partner, Global Compliance Applications Corp's blockchain-based solution to certify the authenticity, genetics, and batch of each of its mother plants & clones for the 2023 season and beyond.
This innovative move allows the nursery to document the beginning stages of a cannabis plant's journey to becoming a premium product for consumers based on the gram weight it flowers. The following 10 points will provide an overview of how blockchain technology is revolutionizing the cannabis industry, from providing transparency and trust for customers to unlocking new revenue streams for cultivators.
The cannabis industry is embracing blockchain technology to increase transparency and trust in the supply chain. Mendocino Clone Company's adoption of blockchain solutions not only benefits customers by providing verifiable information about the authenticity, genetics and batch of each plants but also cultivators by unlocking new revenue streams. This is a clear indication of how blockchain technology is revolutionizing the cannabis industry and shaping the future of cannabis.
This innovative move allows the nursery to document the beginning stages of a cannabis plant's journey to becoming a premium product for consumers based on the gram weight it flowers. The following 10 points will provide an overview of how blockchain technology is revolutionizing the cannabis industry, from providing transparency and trust for customers to unlocking new revenue streams for cultivators.
- Mendocino Clone Company (MCC) has joined the EMTRI Project, a decentralized cannabis supply chain community.
- MCC has implemented EMTRI Corp and Global Compliance Applications Corp's blockchain-based solution for certifying the authenticity, genetics, and batch of its mother plants and clones for the 2023 season and beyond.
- This allows for transparency and trust for customers by documenting the journey of a cannabis plant from its beginning stages to becoming a premium product.
- Each mother plant and her baby plants (clones) will be given a Batch Certificate, a smart contract that provides each baby plant with its own unique identity block.
- Customers can easily verify the authenticity of their clones and their genetic lineage.
- Licensed cultivators who purchase cannabis clones from MCC will automatically qualify to unlock EMTRI Token rewards and receive a higher rate for participating in the blockchain project.
- The EMTRI Tokens can then be swapped for US Digital Coin by accessing the Uniswap Decentralized Exchange (DEX) resulting in a passive income.
- MCC is the first in the United States to adopt this cutting-edge technology in this manner.
- This move advances MCC's commitment to providing the highest quality clones and genetics to its customers.
- The first round of Batch Certificate Clones will be made available starting the first week of February, featuring a release of MCC's "Lemond Lung Slapper," a first generation seed genetic from breeding partner Mendocino Seed Company.
The cannabis industry is embracing blockchain technology to increase transparency and trust in the supply chain. Mendocino Clone Company's adoption of blockchain solutions not only benefits customers by providing verifiable information about the authenticity, genetics and batch of each plants but also cultivators by unlocking new revenue streams. This is a clear indication of how blockchain technology is revolutionizing the cannabis industry and shaping the future of cannabis.
