Blockchain and Cannabis: Combining Two Huge Industries for HUGE PROFIT POTENTIAL

in investing •  6 years ago 

I’m a huge fan of new and emerging industries in the equities markets. In all the years I’ve been investing and conducting research, I’ve never made as much money as when I’m planting seeds in burgeoning market sectors and watching them grow to fruition. The research I do is time and effort well spent because it pays off big-time when my capital positions reach new highs.

But which market sectors are ready to bear fruit? Which ones have the greatest profit potential? That’s our job at Future Money Trends: find these opportunities before anyone else does and bring them to you first. We’re not interested in market sectors that are already overhyped and overvalued; we’ll leave that to the mainstream press, who are in the business of jumping on bandwagons, not helping retail investors like you and me.

My regular readers and those who have watched me in interviews know that I’m heavily involved in the world of blockchain technology. The advent of the decentralized ledger has changed myriad aspects of our lives, from the way we make purchases to how we keep our data safe and secure. The blockchain makes our financial transactions more accurate and away from the prying eyes and grasping hands of Big Brother. To be frank, blockchain technology has been a boon for everyone except the fat cats that run the central banks and big government.

And we’re really just in the beginning stages of blockchain’s main growth period. We’re years away from maturity, meaning that there is still plenty of time to capitalize on the expansion and innovation that is yet to occur in the blockchain space:

Courtesy of Accenture Research

Blockchain technology will continue to find new applications, new uses, new ways to profit. And this leads me to another market sector that is nowhere near reaching maturity yet: legalized cannabis. In the United States, Canada, and elsewhere, attitudes are shifting and governments are moving towards the legalization of both medicinal and adult recreational marijuana use. It’s an exciting time for investors who have been waiting to stake their claim in the legal marijuana movement, which is flourishing very quickly in all corners of the world.

2017 was an incredible year for the legal cannabis business, but just one year later we can discern a massive difference in the global investment activity surrounding the marijuana industry:

Courtesy of Viridian Capital Advisors, Marijuana Business Daily

It’s a huge jump from then to now; there’s a lot more capital being raised, bigger deals being made, and profits are ballooning. It’s not hard to extrapolate just how big it’s going to get during the remainder of 2018 and into next year.

I’m sure the idea of combining these two expanding market sectors, blockchain and cannabis, has crossed a number of people’s minds, but it takes a certain type of genius to implement this idea and turn it into a viable business. And that’s precisely what CEO Robert Galarza co-founders Tommy Stephenson and Cameron Chell have done with BlockStrain Technology Corp. (TSX-V:DNAX, OTC:BKKSF), the first integrated blockchain platform that registers and tracks intellectual property for the cannabis industry.

Think about it: in an industry where a popular cannabis strain can be worth millions of dollars, secure registration and tracking of cannabis products is crucial to the future of legal marijuana. BlockStrain Technology Corp. has solves this issue by providing needed transparency to growers, retailers, regulators, and consumers in who have struggled to find realistic solutions to the logistical challenges of protecting their cannabis-related innovations.

This is where the rubber meets the road, as the future of cannabis patents lies in blockchain technology and BlockStrain Technology Corp. is turning this idea into a reality. The firm is a very early adopter of this technology, and they are helping to propel both the legal marijuana and blockchain industries forward at an astonishing pace. As for the BlockStrain platform itself, efficiency is absolutely crucial as it streamlines the administrative process of genetic and mandatory quality-control testing for legal cannabis; as a result, BlockStrain cuts the administrative time and expense in half.

Making it safe and comfortable for breeders and growers of all sizes to protect and release their cannabis strain varieties into the public domain is an ambitious goal, but that’s exactly what BlockStrain Technology Corp. is doing in 2018. I fully expect this company to grow and I’ve taken a long position in BlockStrain because this company is already a leader and will continue to make big moves in the cannabis and blockchain spheres. For the best of both worlds, and for great upside potential, take a look at BlockStrain today.

Prosperous Regards, Kenneth Ameduri Chief Editor, CrushTheStreet.com

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Written by Kenneth Ameduri for CrushTheStreet.com 2018-07-17

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