The Green Union! Cannabis and Blockchain Unite!

GROW HOUSE
4 min readApr 14, 2021

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Cannabis and blockchain are two massively growing industries in todays world. More and more ordinary people are learning and becoming involved in these two industries more now than ever before. A massive interest has been sparked over the last 5 years with regards to both cannabis and blockchain technology. GROW aims to unite these two industries in a truly unique way to create an ecosystem that is both fun and exciting while also being productive, secure and useful to all those who utilize it.

Why Cannabis?

Cannabis has become one of the most universal medical miracles of our time. Anything from a simple migraine to Glaucoma and Epileptic seizures, Cannabis has proven its effectiveness time and time again. The massive range of use cases for cannabis have facilitated a massive influx of demand of which there is not sufficient supply. More and more small time entrepreneurs in addition to large scale international businesses are realizing and utilizing the massive opportunity not only to make big profits but to help people across the globe by way of providing clean, safe medicine for their consumption.

Why Blockchain?

Blockchain technology has given way to massive opportunities in many sectors in the field of technology. Decentralized finance in itself has become so massive that it has breached a 100 billion dollar market cap as of 2021. In relation to cannabis, blockchain gives us the opportunity to utilize all of the decentralized services that blockchain offers which we can then align and execute to create our own project with its own structure, ecosystem and user services as well as user benefits. Please note that this sort of thing would not have been even remotely possible even a year ago with the ease that it is today. With DeFi summer came new erc20 smart contracting as well as the mainstream draw that NFT’s created shortly after. Now we enter into a more advanced stage of DeFi where projects are combining erc20 token utility, NFT token scarcity and uniqueness, cross chain services all with real world businesses backing their projects.

How does GROW benefit from blockchain?

Within the GROW project, we aim to utilize many aspects of the DeFi world. Some of these include but are not limited to :

  • ERC20 token utility for purchasing power on our platform for a multitude of goods and services.
  • NFT utility in a gamified manner to facilitate the GROW ecosystem and platform.
  • Real world backing with the utilization of medical professionals as well as medical cannabis resources across the globe.
  • DeFi communication structures to aid in and facilitate smooth operations of remote services.
  • NFT memberships providing membership access and benefits.

A look into the Root ecosystem

The Root ecosystem facilitates the union of real world growers, producers, brands and clubs to the online GROW community, giving $GROW a true and unparalleled utility throughout the cannabis industry. Within the Root ecosystem:

Growers contribute as:

  • Producers
  • Partners
  • Providers
  • Exclusive loyalty clubs

GROW facilitates:

  • A governance system for the ecosystem
  • Payment card and Wallet to use for product and services
  • Various membership access strain NFTs
  • $GROW emitting Land NFTs

The primary driver throughout the entire Root ecosystem is the GROW utility token. The GROW token facilitates purchasing power throughout the ecosystem. Purchasing power is necessary to participate in the many things offered by GROW in the Root ecosystem. You need it to purchase Grower’s products, membership tier NFTs, cannabis products through affiliates, merchandise through GROW affiliates. LAND NFTs that produce GROW tokens also produce SEED NFTs that one can grow into fully mature virtual cannabis plants as a form of staking to earn more GROW tokens as well as potential real world product.

Bridging the gap!

At GROW we like to imagine ourselves as open minded individuals with an innovative view of the future in mind. Medical cannabis and blockchain still have a long ways to go in terms of global acceptance and development however GROW fully intends on being on the front lines throughout that revolutionary stage! Our time has come!

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GROW HOUSE
GROW HOUSE

Written by GROW HOUSE

Cultivate land, redeem NFTs, and build your brand in the cannaverse with $GROW

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