Mendocino, a cannabis producer in California, uses blockchain technology to track and certify its products

2023-01-16 12:17:04

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ChainCatcher news, according to Cointelegraph, California cannabis producer Mendocino Clone Company will utilize blockchain technology to certify all clones or cannabis seedlings through batch certificates. The batch certificates are smart contracts generated for each clone batch, providing each seedling with a "unique identity block," which will link to an Ethereum-based blockchain.

It is reported that licensed growers purchasing Mendocino clones will receive EMTRI tokens (EMT) as rewards, which can be traded on Uniswap for USDC or staked for higher yields. Additionally, Mendocino has launched a cannabis-themed metaverse project called Cannaland, aimed at creating a virtual world for cannabis enthusiasts, with celebrities like Snoop Dogg and Santana rushing to purchase NFTs.

According to ChainCatcher previous report, American cannabis processing giant Generation Hemp has entered the Bitcoin mining sector. (Cointelegraph)

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