Definitely, something I'll keep an eye on, it's so hard deciding on all these new ICO's on what may actually be worth investing in. The concept here seems sound and like there might be an industry for it for the sheer fact that financial limitations with the banks in the US due to federal laws is one of the biggest issues. If Paragon could actually get dispensaries to accept it theirs a huge market waiting for it.
Read the whitepaper though. They don't want dispensaries to use their currency.
Exactly. My understanding is this will allow payments, communication and record keeping verification between suppliers, doctors, patients and merchants. They do not want you using Paragon to BUY your medicine... they want to help the businesses pay for and streamline the challenging operational tasks and maintenance that laws are prohibiting with current available vendors and methods. This fosters the movement to legalize.
Payment is one very small portion of the potential here. Streamlining encrypted information directly from the suppliers data on the blockchain to my doctor who can choose what to prescribe based on that data and live availability and send a transaction to the merchant for me.