BLOK Technologies Inc. (CSE: BLK) has announced it has entered into discussions with a Canadian licensed producer regarding its Greenstream technology.
With these initial discussions, BLOK Tech’s objective is to initiate a pilot project with a Canadian licensed producer which will potentially see the implementation of its commercialized blockchain-enabled supply chain integrity platform. This platform is a blockchain method which can track seed to sale, while ensuring legality and conformity to regulations.
Contingent on the preliminary discussions, BLOK Tech is hoping that its Greenstream technology has the potential to become a standardized practice in the cannabis industry.
BLOK Technologies is a company focused on the development and emergence of blockchain companies in the technology sector, and is currently trading at $0.04 on the CSE.
Information for this analysis was found via Sedar and BLOK Technologies Inc. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security.