Cannabis is going through a period of rapid change. Supply chains are decentralizing as companies increasingly specialize, abandoning vertical integration … while making a 180° switch from pre-legalization’s zero regulation to seemingly endless regulation … and changing from local supply to commoditized products that may come from other countries in other continents.
Cannabis is also changing in another way. BEFORE: Small companies were operating in a new industry, with high margins and minimal trust. NOW: There’s growing competition, with lower margins and heavy regulatory scrutiny.
Of course, this legalization requires total transparency, full compliance and provenance, with a complete audit trail along the supply chain. Everyone has to know what they’re getting.
Either you show your provenance, or you can’t compete.
That’s why CannaProve is a game-changer. It’s the world’s first automated, blockchain supply-chain that shows everything to everybody.
Cultivation data, lab results, compliance certifications, pick-up and delivery data, extraction results, processing yields, etc. And while building this audit trail might seem like a huge, laborious job, CannaProve’s proprietary technology actually makes it fast and easy.