RE:RE:RE:RE:Press Release“Blockstrain reports to Shareholders”BigmamaT wrote: Seems you've not been paying attention. A section of C45 requires a Cannabis Tracking System (CTS). From what I've gathered so far with my DD (Spoke with the office of the Senator whose subcommittee held meeting & hearings on this), the Government is going to choose one system for this CTS. The hope here is they want to use a blockchain solution, which clearly Blockstrain would provide. May I suggest reading literally any article on the subject.
I appreciate good DD, so I thank you.. here is a follow up
C45 (h) permits the establishment of a cannabis tracking system for the purposes of the enforcement and administration of the Act;
Establishment and maintenance
81 The Minister may, using the information collected under section 82 and any other information to which the Minister has access, establish and maintain a national cannabis tracking system to
(a) enable the tracking of cannabis;
(b) prevent cannabis from being diverted to an illicit market or activity; and
(c) prevent illicit cannabis from being a source of supply of cannabis in the legal market.
Order requiring information
82 (1) For the purpose of section 81, the Minister may, by order, require a class of persons that are authorized to import, export, produce, test, package, label, send, deliver, transport, sell, or dispose of cannabis to provide the Minister with information respecting their activities in relation to cannabis.
(2) The order must specify the information to be provided and the time within and the form and manner in which it is to be provided and may specify the following:
(a) the manner in which and the place where the records, reports, electronic data or other documents containing the information—and any information on which the information is based—are to be retained;
(b) the period for which the records, reports, electronic data or other documents referred to in paragraph (a) are to be retained, which must not be more than three years from the date the information is provided to the Minister; and
(c) the manner in which calculations, measurements and other data on which the information is based are to be documented.
(3) An order under subsection (1) may not require the provision of any personal information, as defined in section 3 of the Privacy Act, in respect of a consumer that purchases cannabis at the retail level.
(4) The Minister may, by order, on written request from a person that is subject to an order made under subsection (1), extend the time within which the person must comply with the order made under subsection (1). If the order under this subsection is granted, the original time in the order made under subsection (1) is deemed to be replaced, in relation to that person, by the new time.
(5) If an order is made under subsection (4) after a person has failed to provide information in the time provided for in the order made under subsection (1), the person is deemed not to have failed to provide the information within the required time.
Statutory Instruments Act
(6) An order made under subsection (4) is not a statutory instrument within the meaning of subsection 2(1) of the Statutory Instruments Act.
Disclosure of information
83 The Minister may disclose any information contained in the national cannabis tracking system as follows:
(a) he or she may disclose it to the government of a province or a public body established under a provincial Act if the disclosure is for a purpose related to verifying compliance or preventing non-compliance with the provisions of a provincial Act that contains the legislative measures referred to in subsection 69(3);
(b) he or she may disclose it to any federal Minister if the disclosure is for a purpose related to verifying compliance or preventing non-compliance with the provisions of any Act of Parliament, other than this Act, that applies directly or indirectly to cannabis or any activity in relation to cannabis;
(c) he or she may disclose it if he or she has reasonable grounds to believe that the disclosure is necessary to protect public health or public safety, including to prevent cannabis from being diverted to an illicit market or activity;
(d) he or she may disclose it if the disclosure is necessary to enable Canada to fulfil its international obligations;
(e) he or she may disclose it to any prescribed person; or
(f) he or she may disclose it in the prescribed circumstances.
[url=file:///C:/Users/Connor/Downloads/7869-14311-1-PB.pdf]Seed To Sale PDF Report on Blockchain used by Government [/url]
Cannabis Product Tracking To mitigate supply chain risks associated with legal cannabis product diversion to criminal elements and unknown product quality in the existing illegal market, the Task Force on Cannabis Legalization and Regulation (TFCLR) recommends a seed-to-sale tracking system (Government of Canada, 2016). This system, or tracking manifest, would record all cannabis plants as they travel from production to final distribution
Real-time Product Tracking In a seed-to-sale tracking system, all cannabis seedlings are given a unique identifier and registered in a manifest. Plants are tracked through the entire supply chain, allowing regulators to identify cannabis products along with attributes such as seed origin, plant strain, and supply chain transaction history. Plant strain DNA could also be a key attribute tracked through this system. This real-time record keeping aids in preventing diversion with the illegal market, facilitating prosecution of illegal diversion, and enabling rapid product recalls. It would also ensure that medical and recreational cannabis products are kept apart throughout their lifecycle - a regulation recommended by the task force
So 10 milly at .30 cents gives Blockstrain the capital and being the first mover with contracts Weed MD Abattis etc.
I see no reason at all why this shouldn't get back to heights seen
It's clear to me government wants to use blockchain for marijuana, and for a seed and strain database
etc.