TORONTO -- Nuuvera Inc. is entering into a joint partnership with Globalive Technology Partners (GTP) to bring blockchain technology to the global cannabis market.
Following the joint development of the blockchain technology, both Nuuvera and GTP will license the software around the globe to help increase the safety and security of records as well as help supply chain management globally.
The first-of-its-kind partnership will see Nuuvera and GTP developing proprietary blockchain technology that will help validate the integrity and grade of cannabis products, from source to consumer.
“We’re extremely excited to partner with Anthony Lacavera and GTP on this disruptive global cannabis technology. In applying blockchain technology to this emerging industry, we will continue to shape the global cannabis market, and set an incredibly high bar for safety and consistency that will benefit patients everywhere,” said Nuuvera CEO Lorne Abony.
“Nuuvera’s mission is to lead the emerging cannabis industry by developing safe, consistent, and effective products for patients. We are already leveraging the capabilities of our global network with an aim of becoming the most innovative cannabis company in the world. Through this partnership with GTP, we can use blockchain technology to ensure the integrity and grade of our products – from source to retail. This demonstrates our deep commitment to leading the global cannabis industry in a positive and meaningful way,” Lorne continued.
GTP – who announced last week they will go public in 2018 -- is forming partnerships with a very select group of leading companies across a variety of sectors who recognize the strategic advantage of incorporating blockchain into their sectors. GTP have selected Nuuvera as the sole partner for the emerging and burgeoning global cannabis market.
Anthony Lacavera, Founder and CEO of GTP stated, “At GTP we share Nuuvera’s vision to help build an innovative and safe global cannabis market. We also want to see consumers receive the safest, highest quality products. That’s why we are delighted to choose Nuuvera as our sole partner to bring machine intelligence and blockchain technology to the cannabis industry.”
