Cannabis has slowly moved out of the crevice of stoner culture and emerged to be a popular and powerful industry with connections to different sectors like health care, pharmaceuticals, consumer goods and agriculture. As the cannabis industry experiences increased development and support for legislation of medicinal and recreational use, many investors continue to take note of the industry as well put efforts into making investments in the business.
Nevertheless, public support for legislation of cannabis use, create means for more approved unfavorable legislations which can stifle growth of the industry. To curb this situations, Reefer Token project intends to break the limitations through use of blockchain technology.
About REEFER TOKEN
Reefer Token project is setup to connect every stakeholder like producer, consumer, brands etc afillitated with the cannabis ecosystem through a platform powered by blockchain ecosystem.
The project aims to establish flexible and easy interaction between these stakeholders in the Cannabis market. Reefer Token platform houses different services hub to satisfy their users such as legal dispensaries, Vapes shops, Cannabis Lounges, Restaurants, Smoke shops and for gamers.
In relation to grow and retail, Reefer Token brings a better model of operation for the cannabis industry, wherein blockchain technology will be used to record seed to sale process. This provides transparency and efficiency for stakeholders(consumer) , whereby they are shown origination of their products, detailing from the farm where the product was grown, to place where it was properly processed and end products available with consumers.
Reefer Token platform incorporates use of NFTs and (weed wars), a play to earn game. This brings exciting and powerful benefits to every user in the immersive ecosystem. Furthermore, the platform will not violate any existing cannabis regulations during it's smooth operations with use of aforementioned features. For example, transparency is a greatly practiced in the platform's work, as such whenever a customer considers to buy a product from any vendors and partners with Reefer Token ecosystem, the product is shown with a QR Code. The code can be scanned, which reveals details about the product including an NFT to authenticate the information like Genetic growing methods, inputs, post - harvest techniques and many more.
Besides, this platform is also incorporated with good usecases that will remain important to various parties of the cannabis industry, these are shown below ;
-BRANDS can regularly and easily provide transparent details to customers and offer rewards through purchase of NFTs or token in the platform.
-CUSTOMERS can access launched exclusive products, receive discounts from brands and retailers, receive full details about products they buy.
-PRODUCERS are able to gain Audience to brands and buyers, can Authenticate products, create blends and strains while being able to authenticate special strains.
-RETAILERS will be capable to gain recognition with a huge customer base, Access to Partner with select brands, avoid regulatory problems with different products and so on.
In conclusion, the solution of Reefer Token to use blockchain technology to unite parties in cannabis industry under their unique platform is truly incredible. This creates opportunity for the producers, brands and retailers in the cannabis business to make better profits without going against regulatory standards. Also, consumers can utilize the Reefer Token platform to get transparently detailed and safe cannabis products with simplicity.
For More Information,
Website : https://reefertoken.io/
Twitter : https://twitter.com/@reefrToken
Telegram : http://t.me/ReeferToken
Instagram : http://instagram.com/reefertoken
Writer Details,
BTT Username : Johnson Knight
Bitcointalk profile url : https://bitcointalk.org/index.php?action=profile;u=2326370;sa=summary
Wallet Address : 0x6830258326195b820D60f100354dadDe57c0bBAf
Text Uniqueness : https://1text.com/plagiarismchecker/632b28c5f128e