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

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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, set for July.