How Next-Generation Supply Chain Tracking Is Improving Quality Assurance in the Cannabis Industry

Too Long; Didn't Read

Legal cannabis sector is expanding rapidly at a rate of 29.9% CAGR, expected to hit $66bn globally in the next five years. At the federal level, pot is still outlawed, and in the states where it is legal, there are different rules around cultivation, use of pesticides, testing, packaging and labeling. In California, all distribution has to go through state-certified vendors, meaning that the product has to be grown and produced according to strict requirements. A shared ledger with visibility between cultivators, testers, distributors and even consumers, would help to create clearer delineations between black market produce and the real thing.