Blockchain Tracing the Cannabidiol Supply Chains Will Help Define Legal Standard

[Jentot]

Blockchain Tracing the Cannabidiol Supply Chains Will Help Define Legal Standards

Policymakers in Europe and the U.S. are pushing to use blockchain technology to ensure a safer, regulated cannabis market.

Interest in cannabidiol-based products has been on the rise, as recent statistics show that the global cannabis market is expected to have reached $42.7 billion in the next four years. Yet as hemp-derived cannabidiol, or CBD, products gain popularity, federal agencies are proceeding with caution around regulatory measures for cannabis products

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