Good news for weed lovers. Mendocino Clone Company (MCC), a California-based cannabis nursery, has joined the EMTRI Project, the first U.S.-based decentralized medical cannabis blockchain ecosystem, as a leading provider of cannabis plants. MCC will use the blockchain-based technology provided by EMTRI and its tech partner Global Compliance Applications Corp to track its weed along the supply chain.
The solution will enable MCC to document all stages of its plants' journey from the beginning to the moment they reach consumers. "We believe that by joining the EMTRI decentralized community, we can provide an additional level of transparency and trust for our customers," Jed Davis, CEO of MCC, commented in a press release.
Each mother plant and its clones will receive a so-called Batch Certificate – a self-generated smart contract linked to each clone batch and providing each descendant plant with a unique identity on the blockchain. As a result, customers will be able to easily check the authenticity of their products along with their genetic origin.
There's also a special for licensed cultivators. On purchasing MCC's clones, they'll automatically qualify for EMTRI Token rewards which they can swap for US Digital Coin on the Uniswap exchange.
The first round of certificates will be made available early in February.
MCC's collaboration with EMTRI related to blockchain-based weed certificates is the first of its kind, but there have been attempts to combine cannabis and crypto before. One example is Cannaland, a web3 project aiming to be a one-stop platform for cannabis businesses and consumers worldwide. Other initiatives include the launch of bong-related NFTs last in January last year or earlier projects, such as PotCoin or CannabisCoin, which failed to succeed.