"Our goal is to bring structure and security to a fragmented industry. We are setting new standards of transparency in this business, by making all information about the plant available to the end user."
Oakland, CA (PRWEB) September 11, 2017
Paragon and Growers International, two of the fastest growing blockchain companies focused on providing a suite of Blockchain tools and resources for the legal marijuana industry, are announcing a partnership to bring their two technologies together to help build a smart economy for the marijuana industry.
This exciting partnership with Paragon is one of the ways we are working to make it easier for entrepreneurs and businesses in the Cannabis industry to stay compliant and take advantage of distributed ledger technology to bring innovation to the industry.
As part of the partnership, members of Paragon can use its unique Cryptocurrency PRG to purchase products on the GRWI ecommerce platform at a discount. Paragon’s verification system would also be integrated into the GRWI wallet for users to verify and update their medical cannabis records.
"We are focused on providing a platform of tools for legal businesses and entrepreneurs in the cannabis industry to stay compliant. We are working to make the entire supply chain seamless and as efficient as possible," said Ryan Wright, President and Project Founder for GRWI.
"Our goal is to bring structure and security to a fragmented industry. We are setting new standards of transparency in this business, by making all information about the plant available to the end user. It validates on the blockchain that the product is what it says it is, and was grown in the way it says it was grown. Businesses like GRWI often face hostility and suspicion from banks and other payment processors; we are able to solve their problem by using cryptocurrency instead," said Jessica VerSteeg, CEO of Paragon.
As two leaders in the cannabis industry, Paragon and Growers International are excited about this partnership because it offers immediate benefits for both businesses and consumers – and it's just the beginning. We both share a commitment to providing resources and innovative technologies to the Cannabis community. Stay tuned as Paragon and Growers International build on this partnership.
For media inquiries, or to schedule an interview, please contact Donald Berlin at Voyage Resources: don(at)voyageresources(dot)com or call 303-589-5774.
About Growers International®
Growers International is a digital currency for professional cannabis growers and entrepreneurs. It is specifically designed to benefit legal cultivators and investors around the world through a blockchain-enabled software suite. Built by professional growers and cryptocurrency experts, with the goal of pushing innovation in the legal grow sector, $GRWI develops a unique seed-to-sale tracking system to help legal growers track their product and bring transparency to the industry.
Paragon is a distributed ledger for the marijuana industry and supply chain. Paragon’s blockchain-backed network will enable secure and transparent record-keeping for harvest data, lab results, transportation history, doctor registries, marijuana IDs, and prescriptions. CEO, Jessica VerSteeg, is a well-known beauty queen and reality TV star (Amazing Race). Egor Lavrov, Chief Creative Officer, is a serial entrepreneur, who sold his first business for $2 million at the age of 16. Paragon’s team includes alumni from Facebook, Google, Cisco, and Y-Combinator. Rapper The Game sits on Paragon’s advisory board.