Friday, April 19, 2024
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Hemp and Cannabis Certifications Minted on Avalanche (AVAX)

The minting is done through its Certificate of Analysis (COA) as a non-fungible token (NFT) verification system. The first minting includes hemp, psychedelic mushrooms and kratom for U.S. hemp and cannabis lab, ACS Laboratory. The hemp, cannabis, mushroom and Kratom industry faces supply chain transparency challenges according to the company’s

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Hemp grower crowdfunds court case, tokenizes shares in settlement

Hemp grower Apothio has raised $330,000 for a lawsuit against Kern County, California via what’s known as an Initial Litigation Offer on the Republic investment platform. Investments are accepted in USD, but proof of investment is issued as digital tokens on the Avalanche (AVAX) blockchain network. It's the first Initial Litigation

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Vermont Turns to Home-Grown Blockchain Company to Track Hemp With Ethereum

Vermont regulators will track hemp production on the ethereum mainnet in partnership with cannabis supply chain blockchain startup Trace. The five-year deal, announced Monday by Vermont’s Agency of Agriculture, Food and Markets (VAAFM), is a production-ready solution for every level of the hemp trade, said Trace CEO Josh Decatur. Beginning in

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