TORONTO, Canada, November 7, 2018 – BLOCKStrain Technology Corp. (TSXV:DNAX.V) (OTC:DNAXF), developer of the first integrated blockchain platform for the cannabis industry, today revealed that it will be showcasing its technology at the Marijuana Business Conference (MJBizCon) held at the Las Vegas Convention Center on Nov. 14-16.
BLOCKStrain Chief Executive Officer Robert Galarza and Chief Technology Officer Tommy Stephenson will lead a contingent of BLOCKStrain representatives to discuss the importance of genetics and to showcase the product features of the BLOCKStrain platform.
“We are thrilled to be able to show off the work our technology team has developed over the summer. The cannabis industry is gaining momentum at a rapid pace and our technology is designed to scale as quickly as the market does,” said Galarza. “MJBizCon attendees will see for the first time how the BLOCKStrain platform works and why it is an essential component to the cannabis ecosystem.”
Galarza invites MJBizCon attendees to visit the BLOCKStrain Suite at the Encore Hotel from 3 p.m. on Nov. 13 to 11 a.m. Nov. 16. This is a private event and space is limited, so please register here. The Encore Hotel is just one mile from the Convention Center.
“Our senior management and product development team will be on hand to answer questions and fill you in on upcoming plans. We invite you to drop by, relax, pick up some cool BLOCKStrain gear and learn how we can help your business,” Stephenson said.
MJBizCon 2018 is the flagship event of MJBizDaily and one of the preeminent conferences helping to drive business deals and forge valuable connections with cannabis professionals in the sector. The 7th Annual MJBizCon will host 20,000 industry professionals and about 900 exhibitors in 164,000 net square feet of space.
About BLOCKStrain Technology Corp.
BLOCKStrain Technology Corp. (TSX-V: DNAX.V) has developed the first integrated blockchain platform that registers and tracks intellectual property for the cannabis industry. Strain protection and genetic identification are major issues for growers and breeders, and this new technology allows them to identify and secure rights to their valuable intellectual property (IP). The BLOCKStrain platform also streamlines the administrative process of genetic and mandatory quality-control testing for legal cannabis, cutting the administrative time and expense in half.
BLOCKStrain’s proprietary, immutable, cryptographically-secure blockchain-technology establishes a global ‘single source of truth’ for cannabis strains, their ownership, potency and chemical makeup. In an industry where a popular strain can be worth millions of dollars, it is crucial to the industry’s future to quantify genetics, potency and equivalencies between cannabis products. BLOCKStrain delivers needed transparency to growers, retailers, regulators, and consumers who have struggled to find realistic solutions to these logistical challenges. The good news is that the blockchain technology implemented by BLOCKStrain is ideally suited to solve these kinds of problems by implementing an immutable and non-corruptible record of transactions.