CryptoCann™ Report: Walmart to use blockchain to track leafy vegetables; Choom Holdings added to Horizons Marijuana ETF

The Crypto Report

Retail giant Walmart Inc (NYSE:WMT) has filed a number of blockchain patents, looking to assemble an army of delivery robots and establish a system of lockers that will reserve a delivered item until the buyer can pick it up.

Its latest foray into the world of blockchain technology will lead to changes in its produce aisles.

Tech titan IBM Corp (NYSE:IBM) has created a blockchain database that the retailer will use to track its leafy vegetables, allowing Walmart to better pinpoint the source of the problem when contamination risks arise, according to a report by The New York Times.

As of next year, more than 100 farms that supply lettuce, spinach and other greens will be required to input information about the food into the database.

WATCH: Bitconch well-funded to build out social blockchain platform

The cryptocurrency space is still a grey area for many, but some companies are softening their stance.

Alphabet Inc’s (NASDAQ:GOOG) Google will reverse its cryptocurrency ad ban starting in October, as per a CNBC report.

Cryptocurrency exchanges worldwide will now be able to purchase ads to be shown in the United States and Japan.

The search engine initially established the restrictions in March and put them in place in June with the intention of protecting consumers from shady initial coin offerings and other crypto-related scams.

Facebook Inc (NASDAQ:FB) took a similar path, reversing its ban on crypto advertising to allow pre-approved advertisers to utilize the social network.

The Cann Report

The Horizons Marijuana Life Sciences exchanged traded fund looks to replicate the North American Marijuana Index, offering investors exposure to publicly-listed North American life sciences with dealings in the marijuana market.

The ETF has welcomed Choom Holdings Inc (CSE:CHPP,OTCQB:CHOOF), a Canadian cannabis company with a Hawaiian twist.

The company said its brand was inspired by the local Hawaiian word for cannabis and is meant to evoke the spirit of “good times and good friends.”

“Choom’s addition to the Horizons Marijuana Life Sciences ETF is recognition of our efforts to building a dominant branded cannabis company. The Choom brand was created exclusively to service the retail recreational market, ensuring curious customers and cannabis connoisseurs alike can ‘cultivate good times’,” said CEO Chris Bogart in the company’s press release.

The Vancouver-based company offers Canadian customers hand-crafted cannabis selections for recreational use.

READ: Aleafia Health secures a spot on Horizons Marijuana Life Sciences ETF

A story about a Maine restauranteur sedating her lobsters with cannabis before boiling them began trending last week, but not all attention is good attention.

Charlotte’s Legendary Lobster Pound in Southwest Harbor, Maine began sedating its lobsters by blowing marijuana smoke into their enclosures hoping to give the crustaceans a more humane death, as per a local report by Mount Desert Islander.

The “high-end lobster” is currently off the menu now that state regulators and the Maine Health Inspection Program are investigating the practice, as per a High Times report.

Restaurant owner Charlotte Gill is a registered Medical Marijuana user, but David Heidrich, a spokesman for the Maine Medical Marijuana program, told the High Times via email that Gill’s use of cannabis was not appropriate.

“Medical Marijuana may only be grown for and provided to persons with a marijuana recommendation from a qualified medical provider,” wrote Heidrich. “Lobsters are not people.”

The restaurant hopes to meet state regulatory requirements and begin selling the lobster again by the middle of October.

Story by ProactiveInvestors