Home ICO News Cannabis Industry Going Crypto | CryptoPost

Cannabis Industry Going Crypto | CryptoPost

Cannabis Industry Going Crypto | CryptoPost


Jayceon Terrell Taylor, referred to as the game in rap circles, has thoroughbred his belief within the positive properties of cannabis by getting in a blockchain technology company referred to as Paragon.

Paragon, diode by former Miss Iowa Jessica Versteeg, is trying to standardize associate degreed regulate the cannabis business through the ability of a changeless ledger on blockchain technology to assist the polemical plant to contend with the massive pharmaceutical company.


While The Game’s involvement goes so much deeper than merely being a star endorsement for Paragon – as he sits on the planning board – there has been associate degree flow of huge names outside the planet of technology, investment, and money, seeing the worth of blockchain technology.

The likes of boxer Floyd Mayweather and participant Luis Suarez have each denote a few prediction market ICO referred to as Stox whereas film industry celebrities appreciate Shilpa Shetty, Raj Kundra, Huma Qureshi, Neha Dhupia, Vir Das, Nargis Fakhri and Prachi Desai have all expressed interest in Bitcoin.

The Game could be a standard supporter of cannabis and has been a champion of the legalization movement that has seen twenty states across the U.S. reduce their rules on the drug.

The rapper owns his own clinic and has been creating his own strains and concentrates. He additionally contains a line of pot product, Trees by Game, that he claims is in contrast to the other medical weed whole out there.

The Game is currently hoping individuals are going to be ready to use the world’s latest revolutionary technology to additional advance a cannabis revolution with Paragon.


Paragon’s hope is that by mistreatment the unquiet blockchain technology, it will rocket associate degree business that’s attempting to bust into the thought. the difficulty for the cannabis system so far has been its broken nature and also the disconnect between the assorted sectors. Growers operate on an individual basis from the labs that take a look at the product that do their own factor out of synchronising from the distributors, that all ends up in terribly unregulated and unstandardized product.

Paragon believes that blockchain technology, as associate degree changeless ledger, will place all the data in one place for users across the board to look at and scrutinize. From the seeds used, to the chemical and water quality, likewise as doctor certifications and patient IDs, all this info is clear on the blockchain.

Additionally, the creation of a specialised digital currency permits for straightforward payment across borders and bypasses legal problems regarding payment for the polemical drug.

Paragon additionally hopes to line up coworking areas for cannabis startups to incubate and operate so as to not solely standardize the cannabis economy, however additionally to supply intellectual growth for the business.


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