Blockchain boosts cannabis growth
Cannabis cultivators, distributors, and retailers are leaning on blockchain to further boost growth. Seed-to-sale allows them to keep track of every single gramme of cannabis from when it was initially planted and grown to its final purchase by the consumer.
Further tech solutions are coming onstream, with Bloom Automation developing a robot to carry out the cannabis trimming process, while Seedo has created a farm system with automated climate control and automated hydroponic growth.
Such developments will help the global legal marijuana market increase at a CAGR of 34.6%, through to 2015 to be worth $146.4bn, according to Grand View Research.