IBM Has High Expectations for Cannabis Sales On a Blockchain
- IBM sees blockchain as an ideal mechanism to transparently capture the history of cannabis through the entire supply chain.

Technology giant IBM (NYSE: IBM) has provided some input to the government of British Columbia as it prepares its regulatory framework for the legal distribution of cannabis and its by-products in the Canadian province.
Calling it "one of this decade’s technical disruptors", IBM says that governments are beginning to understand the potential benefits and realize the rate of speed and cost effectiveness in which blockchain systems can be delivered, particularly in areas like supply chains. By having one set of books (distributed ledger), governments quickly see the benefits of greater visibility, which in turn Leads Leads Leads or lead generation are an essential component of marketing and powerful tool by brokers. In its simplest form, leads can be defined as the outreach of customer interest or enquiry into products or services, most often associated with brokerages.These can be created for purposes such as list building, e-newsletter list acquisition, or for sales leads. Amongst marketers, such lists are one of their most important assets and instrumental to sales.There are a variety of methods for generating leads that traditionally fall under the mantle of advertising. However, this may also include non-paid sources such as organic search engine results or referrals from existing customersHow Are Leads Generated?In the FX space, nearly every brokerage has their own list of leads. How exactly these are generated varies to some extent. Most come from a composite of sources or activities.Specific parameters on the Internet such as personal referrals, telephone calls, or even conference attendance either by the company or telemarketers, through advertisements are the most common examples of this.Indeed, content marketing, search engine, and events are all effective ways in bolstering leads over time and account for the highest concentration of lead generation.Leads are also a powerful took by marketers to pursue new clients. This can involve customer relationship management (CRM) technology or follow ups in the form of contacting.The goal of these contacts is the conversion into a client. Simply obtaining a list of leads does not always correlate to business. This is where sales, follow ups, or other methods come into play. Leads or lead generation are an essential component of marketing and powerful tool by brokers. In its simplest form, leads can be defined as the outreach of customer interest or enquiry into products or services, most often associated with brokerages.These can be created for purposes such as list building, e-newsletter list acquisition, or for sales leads. Amongst marketers, such lists are one of their most important assets and instrumental to sales.There are a variety of methods for generating leads that traditionally fall under the mantle of advertising. However, this may also include non-paid sources such as organic search engine results or referrals from existing customersHow Are Leads Generated?In the FX space, nearly every brokerage has their own list of leads. How exactly these are generated varies to some extent. Most come from a composite of sources or activities.Specific parameters on the Internet such as personal referrals, telephone calls, or even conference attendance either by the company or telemarketers, through advertisements are the most common examples of this.Indeed, content marketing, search engine, and events are all effective ways in bolstering leads over time and account for the highest concentration of lead generation.Leads are also a powerful took by marketers to pursue new clients. This can involve customer relationship management (CRM) technology or follow ups in the form of contacting.The goal of these contacts is the conversion into a client. Simply obtaining a list of leads does not always correlate to business. This is where sales, follow ups, or other methods come into play. Read this Term to optimization, improved reconciliation, greater auditability and regulatory compliance.
The shared ledger is updated and validated in real time with each network participant. This reveals where an asset is at any point in time, who owns it and what condition or state it is in. This type of transparency would bring a new level of control to the regulators, IBM promises, as well as provide assurance to the multitude of cautious stakeholders regarding the way the management of a cannabis supply chain is rolled out.
The company concludes that blockchain technology can help the provincial government take control of sourcing, selling and pricing of products, and therefore "can reduce or eliminate black market sales completely."
Technology giant IBM (NYSE: IBM) has provided some input to the government of British Columbia as it prepares its regulatory framework for the legal distribution of cannabis and its by-products in the Canadian province.
Calling it "one of this decade’s technical disruptors", IBM says that governments are beginning to understand the potential benefits and realize the rate of speed and cost effectiveness in which blockchain systems can be delivered, particularly in areas like supply chains. By having one set of books (distributed ledger), governments quickly see the benefits of greater visibility, which in turn Leads Leads Leads or lead generation are an essential component of marketing and powerful tool by brokers. In its simplest form, leads can be defined as the outreach of customer interest or enquiry into products or services, most often associated with brokerages.These can be created for purposes such as list building, e-newsletter list acquisition, or for sales leads. Amongst marketers, such lists are one of their most important assets and instrumental to sales.There are a variety of methods for generating leads that traditionally fall under the mantle of advertising. However, this may also include non-paid sources such as organic search engine results or referrals from existing customersHow Are Leads Generated?In the FX space, nearly every brokerage has their own list of leads. How exactly these are generated varies to some extent. Most come from a composite of sources or activities.Specific parameters on the Internet such as personal referrals, telephone calls, or even conference attendance either by the company or telemarketers, through advertisements are the most common examples of this.Indeed, content marketing, search engine, and events are all effective ways in bolstering leads over time and account for the highest concentration of lead generation.Leads are also a powerful took by marketers to pursue new clients. This can involve customer relationship management (CRM) technology or follow ups in the form of contacting.The goal of these contacts is the conversion into a client. Simply obtaining a list of leads does not always correlate to business. This is where sales, follow ups, or other methods come into play. Leads or lead generation are an essential component of marketing and powerful tool by brokers. In its simplest form, leads can be defined as the outreach of customer interest or enquiry into products or services, most often associated with brokerages.These can be created for purposes such as list building, e-newsletter list acquisition, or for sales leads. Amongst marketers, such lists are one of their most important assets and instrumental to sales.There are a variety of methods for generating leads that traditionally fall under the mantle of advertising. However, this may also include non-paid sources such as organic search engine results or referrals from existing customersHow Are Leads Generated?In the FX space, nearly every brokerage has their own list of leads. How exactly these are generated varies to some extent. Most come from a composite of sources or activities.Specific parameters on the Internet such as personal referrals, telephone calls, or even conference attendance either by the company or telemarketers, through advertisements are the most common examples of this.Indeed, content marketing, search engine, and events are all effective ways in bolstering leads over time and account for the highest concentration of lead generation.Leads are also a powerful took by marketers to pursue new clients. This can involve customer relationship management (CRM) technology or follow ups in the form of contacting.The goal of these contacts is the conversion into a client. Simply obtaining a list of leads does not always correlate to business. This is where sales, follow ups, or other methods come into play. Read this Term to optimization, improved reconciliation, greater auditability and regulatory compliance.
The shared ledger is updated and validated in real time with each network participant. This reveals where an asset is at any point in time, who owns it and what condition or state it is in. This type of transparency would bring a new level of control to the regulators, IBM promises, as well as provide assurance to the multitude of cautious stakeholders regarding the way the management of a cannabis supply chain is rolled out.
The company concludes that blockchain technology can help the provincial government take control of sourcing, selling and pricing of products, and therefore "can reduce or eliminate black market sales completely."