Weed Growers Are Racing to Register Their Strains on the Bitcoin Blockchain

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When you walk into a dispensary in any one of the 25 states where medicinal and/or recreational marijuana is legal, you’ll likely see display cases lined with a dozen or more strains of weed. Many of these strains, like Pineapple Express or Blue Dream, will sound familiar, but is the Granddaddy Purp you buy in Colorado the same stuff your guy in California is selling you?

To answer this question, a company called Medicinal Genomics is creating a repository of cannabis genomes which are stored on the Bitcoin blockchain. The company hopes that its efforts will standardize strain nomenclature so that customers always know what they’re getting while also defending the intellectual property rights of those who breed new strains of weed.

Medicinal Genomics is a lot like any other cannabis testing company, insofar as they run tests on marijuana plants to look for microbial contaminations and determine their cannabinoid content to help marijuana cultivators comply with state regulations. Yet what sets this company apart is that their labs are also offering customers the ability to sequence the genome of their cannabis plants.

Hundreds of strains of cannabis exist and cultivators are working on breeding new strains all the time.

Read more ... source: TheBitcoinNews




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