October 31st, 2018

// BlockStrain: Taking The Marijuana Industry Out Of The Shadows And Safely Into The Future

BlockStrain: Taking The Marijuana Industry Out Of The Shadows And Safely Into The Future

New York, NY, October 30, 2018 — The world has seen many changes developing around the use of marijuana over the past decade. With the majority of states in the US now legalizing some aspect of cannabis, Canada is about to become the first G7 country to fully legalize the drug for medical and recreational purposes. While there is a great deal of interest from business giants, such as, Coca Cola, Constellation Brands and even Walmart, to stake their claim in this exciting and evolving industry, states such as Colorado and California continue to run into the same problem—how to bring integrity and quality assurance to an industry born in the shadows.

While the Canadian government has regulations on legal marijuana, these regulations are not stopping tainted products getting into the marketplace. There is currently no system in place to monitor and track the product to ensure it is safe. That is, until now.

One innovative technology company based in Vancouver, BC has tackled this issue by combining years of sophisticated enterprise technology with the innovation of blockchain. BlockStrain Technology Corporation has developed the first, fully integrated blockchain platform that brings product testing, visibility and integrity to the cannabis industry to bring actionable and real-time quality assurance. BlockStrain is here to use big data to make assurances that customers are protected and to assure the quality and safety of the product.

"Fortunately, BlockStrain accomplishes this by combining the power of genetics with decentralized ledger technology for DNA-based product integrity, verification and tracking. Now, for the first time, consumers can actually know that what they are purchasing is safe, clean and from a legal source. Additionally, although this software is being designed to support the evolving cannabis industry, it could also work to ensure that the organic food industry is also safe and fair-trade. We believe this is a pretty good marriage between science and technology," says Robert Galarza, CEO of BlockStrain.

Mr. Galarza recently announced the addition of Derek Pedro to BlockStrain's Advisory Board. Mr. Pedro was a co-founder and Master Grower at Maricann Group Inc., an early Licensed Producer under the Access to Cannabis for Medical Purposes Regulations (ACMPR), and is currently the Design, Cultivation and Production Partner at WeedMD Inc., where he designed and supervised construction of that company's production facility in Ontario. "Having Pedro's deep expertise on this board is critical as the company develops its software for use in the evolving legal cannabis industry in Canada,” says Galarza, adding, "He is both a pioneer and a legend in this industry and his knowledge of strain genetics and production systems is incredibly beneficial to BlockStrain as the company builds and adapts its platform for Licensed Producers and other industry stakeholders in Canada.”


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