The Future of Cannabis Supply Chain Management

In an innovative leap, Aeternity is partnering with Uruguay Can, a Montevideo-based producer, to revolutionize how cannabis is tracked throughout its supply chain. Utilizing the unique capabilities of decentralized applications (DApps), Aeternity is poised to make transparency in cannabis production a top priority.

Paving the Way with Blockchain

According to a press release dated September 25, Aeternity’s blockchain technology will ensure that every step of the cannabis production process from seed to sale is traceable. This not only boosts consumer safety but also keeps producers compliant with existing regulations. No more wondering where your green comes from!

A New Era for Uruguay’s Cannabis Industry

Uruguay has been ahead of the curve since it legalized cannabis production and sales back in December 2013, becoming the world’s first country to do so. The country’s progressive stance is now complemented by Aeternity’s cutting-edge tracking system scheduled to kick off this October and be fully operational by 2021.

The Voices Behind the Change

Pablo Coirolo, CEO of Aeternity Americas, emphasizes their goal of being the first to deliver a comprehensive solution tailored for businesses in the cannabis sector. With partnerships alongside tech providers and cannabis producers, Coirolo states, “æternity technology is ideal for tracking the entire cannabis production process.”

Consumer Confidence: A Win-Win Situation

Eduardo Blasina, CEO of Uruguay Can, expressed pride in leading the charge towards a transparent product offering. He highlights the advantages, stating, “The ability to trace the source and the way cannabis is produced is beneficial for both the cannabis and pharmaceutical industries as well as its consumers.”

As the cannabis industry anticipates greater accountability and transparency, other companies are sure to follow in the footprints of Aeternity, seeking out blockchain technology to bolster their practices.