Emerald Health Looks to Blockchain for Supply Management -- CFN Media

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As both cannabis and blockchain breathed new life into markets throughouttech developers diligently worked to marry the two exciting sectors into one, giving rise to solutions from companies including, International Business Machines Corp. The market is responding in kind with several blockchain-derived applications in the cannabis sector, including International Business Machines Corp. GET is gearing towards offering big data analytics and transaction solutions through Cannapay Financial Inc.

Presently, the cannabis sector is growing rapidly—faster than any other industry on the planet. So for the newly-emerging super commodity of cannabis, the need to safely and securely handle massive quantities of transactions, supplies, and inventories is essential, for the good emerald blockchain stocks the entire sector. Earlier this year, Cannapay Financial Inc.

The deal as it was announced allows Cannabis Big Data to combine the technology licensed from Cannapay and big data analytics hardware and software from private company Fobisuite to provide insights for cannabis retailers and producers and allow retail partners to transact in cryptocurrencies like bitcoin.

The first major to emerald blockchain stocks in its hat for a cannabis-blockchain combo was International Business Machines Corp. Later, Emerald Health Therapeutics, Inc. EMHTF formed a joint venture with a private partner called CannaChain —designed to be a foundational blockchain-based supply chain management system and e-commerce marketplace for the legal cannabis emerald blockchain stocks.

Next, it was smaller entities such as MassRoots, Inc. MSRT that started as more of a social media platform for cannabis consumers to share and review strains, emerald blockchain stocks also added a blockchain asset with a technology for seed-to-sale tracking as well as tracking sales at dispensaries. As emerald blockchain stocks legal cannabis sector begins to truly take off, collecting emerald blockchain stocks on consumption across markets and demographics, will be increasingly valuable to suppliers and marketers alike.

For example, the strains: Indica is more popular in California than its fellow cannabis cousin Sativa, while the opposite may be true in other parts of the country.

International Business Machines Emerald blockchain stocks. Emerald Health Therapeutics, Inc. Emerald Health, together with its subsidiaries, produces emerald blockchain stocks sells medical marihuana and cannabis oils in Canada.

The company was formerly known as T-Bird Pharma Inc. The emerald blockchain stocks has a joint venture partnership with Village Farms for greenhouse space, and with Abattis Resources for their jointly-owned subsidiary, Northern Vine Labs. Future Farm Technologies Inc. Future Farm Technologies operates as an indoor plant growth technology company providing indoor controlled environment agriculture systems that utilize minimal land, water, and energy regardless of climate, emerald blockchain stocks, or time of year.

It also manufactures concentrated cannabis oil and purified distillate, and develops and sells apps on IOS and Android emerald blockchain stocks. MassRoots operates a technology platform for the medical cannabis community. Its platform enables users to share their cannabis content, follow various dispensaries, and stay connected with the legalization movement; and its mobile apps enable consumers to make educated cannabis purchasing decisions through community-driven reviews.

This document is not and should not be construed as an offer to sell or the solicitation of an offer to purchase or subscribe for any investment. No information in this Report should be construed as individualized investment advice. A licensed financial advisor should be consulted prior to making any investment decision. We make no guarantee, representation or warranty and accept no responsibility or liability as to its accuracy or completeness. Furthermore, we assume no liability for emerald blockchain stocks direct or indirect loss or damage or, in particular, for lost profit, which you may incur as a result of the use and existence of the information, provided within this Report.

Be extremely careful, investing in securities carries a high degree of emerald blockchain stocks you may likely lose some or all of the investment. FFRMF Future Farm Technologies operates as an indoor plant growth technology company providing indoor controlled environment agriculture systems that utilize minimal land, water, and energy regardless of climate, location, or time of year. New York Times Co.

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From Licensed Producers, through testing, distribution and other steps, to the consumer, the cannabis supply chain includes many touchpoints. The platform will also assist in ensuring adherence to Health Canada reporting requirements. By logging each step along the supply chain on the blockchain - a decentralized, timestamped, and unhackable digital ledger - this ground-breaking platform is expected to provide an irrefutable record outlining the journey the product has made, from beginning to end.

In this joint venture, Emerald would provide its expertise and relationships as one of the earliest Canadian Licensed Producers under Access to Cannabis for Medical Purposes Regulations. DMG Blockchain Solutions, a blockchain supply chain management solution developer and leading crypto mining hosting provider, would build and deploy a blockchain supply chain management solution designed to meet the challenges and opportunities of the cannabis industry.

The solution would serve relevant stakeholders including producers, distributors, shippers, government agencies, and consumers. We are excited to partner with Emerald and, through the formation of CannaChain Technologies, to provide such an integral solution for the Canadian medicinal market.

The parties also intend that Cannachain would develop an e-commerce marketplace based on the blockchain-based supply chain management system to facilitate the sale of a broad product selection backed by unprecedented supporting data and trust. These solutions would be designed to also provide significant advantages with respect to administration of transactions, payments and reporting. These tools will enable smart contract functionality, imperative to the automation of trust.

Regulatory reporting requirements would be automated by the platform, making for a seamless, supply chain management solution for Licensed Producers.

The parties intend to commence negotiation of definitive documentation relating to CannaChain and the development of the supply chain management solution. Key terms such as ownership of the joint venture, fees and commissions have not been finalized at this stage. Development of the supply chain management solution will not commence until after final terms have been settled and definitive documentation has been executed. DMG intends to be the global leader in crypto mining hosting, Mining as a Service MaaS , crypto mining, forensics and diversified blockchain platform development.

Emerald Health Therapeutics, Inc. Through Botanicals, Emerald is authorized to produce and sell dried medical cannabis flower and medical cannabis oil. It currently operates an indoor facility in Victoria, BC, and is building a , s. Cautionary Statements Regarding Forward Looking Information Certain statements in this press release constitute forward-looking statements, within the meaning of applicable securities laws.

All statements that are not historical facts, including without limitation, statements regarding future estimates, plans, programs, forecasts, projections, objectives, assumptions, expectations or beliefs of future performance, are "forward-looking statements". We caution you that such "forward-looking statements" involve known and unknown risks and uncertainties that could cause actual and future events to differ materially from those anticipated in such statements.

Forward-looking statements include, but are not limited to, formation of the joint venture, development of a foundational blockchain-based supply chain management system and e-commerce marketplace and the use and benefits thereof, provision of total transparency and assurances for end consumers, ensuring adherence to Health Canada reporting requirements and the unhackable nature of the digital ledger. The parties do not intend, and do not assume any obligation, to update these forward-looking statements except as required by law.

Actual results may differ materially from those expressed or implied by such forward-looking statements. More articles related to: Emerald Health Therapeutics Inc. January 26, GlobeNewswire is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.