I really don't think this kind of idea has a real, profitable place in the cannabis industry. Why would people go through the hassle of it all? The whole supply chain transparency nonsense does nothing...literally nothing. The only way to EVER be certain of quality/purity is to do it yourself or know the person who does it for you. Millions upon millions of people still buy 'illegally' in legal states, or they buy off individuals in small amounts. Sure the dispensary scene has made a lot of money but who really knows how much is being purchased the old fashioned way. If those people could EASILY get it from a dispensary but prefer to buy it on the street, why would they exchange their cash for PRG just to likely pay a premium for the final product? All the while risking the chance that their cash=>PRG devalues in the process.

Not to mention the obvious I guess that blockchain is unnecessary for cannabis in general, unless it pertains to like sophisticated ownership and transfers of the RIGHTS to large, LARGE amounts of marijuana. Why the hell do I need blockchain to 'verify' where the pot came from when most people in legal states have a good idea where it's coming from anyway, if they're informed consumers. And to repeat, even if you know where it's coming from you have no way whatsoever of knowing what they grow it with... some people won't even grow gardens to eat OR smoke with certain products even organic products like bone meals because of disagreements regarding safety of final product. I'm not one of those people, but just saying for the person who even gives a crap about that kind of stuff, this whole 'trace back to the source with blockchain' is a moot point anyway. Most people don't care either way they'll smoke what looks good to them, and the remainder who do care have no real guarantee anyway. Hell, even testing facilities argue over each other's testing accuracy/methods.

God I'm so sick of these effers getting rich on crypto enthusiasts and noobs-looking-to-get-rich-quick alike. This isn't the only project to prey on people...but it's arguably one of the most annoying because they're trying to exploit both crypto hype and cannabis hype... Oh and they're trying to be like a silicon valley incubator type thing for cannabis start ups?...

Jfc people the next time you see this hit your initial entry point, gtfo while you can and don't kick yourself if it goes a bit higher before dying. I'm not really sure if any projects yet in crypto have straight crapped out but there have been a couple that puttered out and are now vapor coins. Kept alive by crazy forum dwellers hoping that one day, one of them will be rich enough to drive a huge pump and they can all exit with profit. I could really see this 'project' being one of the first to set that precedent. After all it's only been a short time since the ridiculous bubbly market that saw all these ICO's being randomly popped up (and of course NOOOOOONE of those ICO's were/are get rich quick schemes   ) and it could be years before we see the real destinies of all these vapor projects.

It's like if 99% of these recent projects were actually feasible, why hadn't people worked on it before hand?... ICO's turned into the kickstarters of crypto. The REAL projects in the past were often created with relatively little money and mostly driven through passion.... today projects apparently need upwards of 50 million dollars to do absolutely nothing compared to the passion driven projects that moved in leaps and bounds.


Not to mention pre-mining or whatever is now the norm for many projects wtf xD



That dude's article is so simple, yet so compelling. Most people here bought in because hey, crypto is hot (mid ICO bubble), weed is hot... we'll be rich!

That bubbly market created the worst FOMO I've seen yet across the board.