Canada's biggest drug store chain said Monday it plans to use blockchain technology to trace the source of the cannabis it distributes, as part of an effort to set standards for the flourishing industry. Shoppers Drug Mart said it was teaming up with Canadian software firm TruTrace to develop and deploy a pilot project to ensure the traceability of medical cannabis.
Shoppers vice president Ken Weisbrod said that for patients to feel confident about using medical cannabis, its source must be "traceable and accountable." "When a patient takes medication, there is an expectation that it is standardized, and they can expect consistent clinical outcomes and results. "Although that's not always a guarantee within the medical cannabis industry at the moment, we're hoping this new program can help change that," he said.