How Blockchain Improves ESG in the Cannabis Industry

Photo by Add Weed

The cannabis industry is about to reap the benefits of blockchain. Transparent, immutable, and verifiable information are a decentralized ledger’s hallmarks. It is easier than ever for consumers to scan QR codes and view every step in the cannabis lifecycle, from test certifications and enhanced data for cannabinoids and terpenes to how a particular strain impacts a specific pain.

“The ability for cannabis operators to track all portions of a plant through all steps with complete accuracy is a prime example of blockchain being used in the cannabis space.”

‘Ganjapreneur’

Ganjapreneur calls blockchain “the foundation that will allow cannabis operators to come up with new and exciting solutions to the ever-changing landscape or hurdles and problems the industry faces.”
The “ability for cannabis operators to track all portions of a plant through all steps with complete accuracy is a prime example of blockchain being used in the cannabis space.”

GCAC believes transparent cultivation, regulatory, and consumption models breed better cannabis. Efixii is the only patented blockchain-powered platform created specifically for the cannabis industry.

Our trademarked SeedtoSeedTM feedback loop outperforms the dated seed-to-sale by focusing on consumer experiences and connecting every player in the cannabis lifecycle. It is the only solution that analyses “one gram grown, one gram consumed” for improved efficacy and product safety.

Blockchain now improves Environmental, Social, and Governance (ESG) in the cannabis industry. We are proud to work for a more sustainable planet by introducing a new ESG software update to enable brands to measure and report essential metrics with Efixii blockchain technology. Now you can see how a brand is working to improve sustainability and inclusion and choose to support brands that match your values. Best of all, everyone can see the complete product story, including reviews, by simply scanning a secure Efixii QR code.

Efixii ensures safe, certified, and consistent cannabis products.
Do you know how your cannabis brand stacks up? Efixii does. Learn more about Efixii

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