The CA State Fair Cannabis Awards is partnering with KOLAS to provide registered digital certifications using blockchain technology to authenticate and protect award-winning products.
The CA State Fair Cannabis Awards will be providing digital certificates on the blockchain for each of the 70 CA State Fair Cannabis Award winners at this year’s event.
The organisation has stated that the certificates will verify the authenticity of each product, enhance safety and protect them from fraud via the black market.
Read more: Could hemp solve bitcoin’s energy consumption problem?
It will be working with KOLAS Technology SBM (Stop Black Market), a subsidiary of Sacramento-based cannabis giant KOLAS, to provide a certificate with a unique QR code that will link to the specific details of the award-winning entry. The winners will then have the option to utilise customised medallions for packaging that will verify their products.
KOLAS co-founder, Garib Karapetyan, stated: “This new technology will provide unfalsifiable certificates so that consumers know the exact origins of the product, and most importantly, provide one more layer of safety.
“This will also protect and preserve the grower’s craft and the specific genetics of the plant. This is good for the consumers, cultivators, producers, and testing labs. We are thrilled to launch our new technology with this first-ever event.”
Read more: CanCoin to accelerate European cannabis industry with blockchain
CEO of Cultivar Brands and executive producer of the Awards, James Leitz, stated: “We are pleased to welcome KOLAS as our presenting sponsor, and to launch this new technology in conjunction with this historic cannabis competition.
“The digital authentications will add even more value to our contest and the participating cultivators. KOLAS shares our passion to continue the normalisation of the legal cannabis industry, support safe consumer use and protect California legacy and craft.”
The cannabis competition is the latest edition to the CA State Fair and will join a roster of coveted, annual competitions celebrating California’s rich agricultural history and dynamic industries including wine, cheese, olive oil and craft beer.
[activecampaign form=31]
