TOKES – How Blockchain helps the Cannabis Industry
Multichain Ventures is the parent company of The Tokes Platform. Multichain produces blockchain-focused products including cryptocurrency-based payment processing and supply chain visibility tools for the cannabis industry.
Cannabis and blockchain Pt II: The future of commodities
In Part I we looked at both sides of the argument for using blockchain in the cannabis supply chain and whether it makes sense. Here we look at the potential future of trading a new commodity.
Cannabis and blockchain Pt I: From outlaws to outliers
In terms of a zeitgeist shift, the change in sentiment towards cannabis as an illegal drug and the distrust towards institutional financial powers is at a fascinating juncture. Individually, both fledgling industries are huge potential disruptors of many industries, but what could they do together?
US Cannabis industry ripe for bitcoin
It’s hard to imagine a more unique industry than the US cannabis industry, or one that is growing and changing faster. Arcview Market Research reports a blistering 34% compound annual growth rate from 2014 to 2016, driven primarily by Colorado and Washington initiating adult-use sales. This rate of growth will subside somewhat in 2017 to 22%, as the eight states that voted to open or expand their cannabis markets on Election Day in November 2016 work to implement the new programs.
