IBM Touts Blockchain to Track Pot Industry From ‘Seed to Sale’

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IBM Touts Blockchain to Track Pot Industry From ‘Seed to Sale’

Flickr / Dennis van Zuijlekom / (CC BY-SA 2.0)

IBM Corp., one of the bluest of U.S. blue-chip companies, is touting blockchain as the supply-management tool of choice for an unusual industry — cannabis.

The digital ledger could be used to track pot from “seed to sale,” according to the Armonk, New York-based company, which submitted a paper this month to the government of British Columbia. The Western Canadian province was gathering public feedback on how to regulate the industry ahead of legalization of recreational pot nationally.

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