ST JULIANS, MALTA / ACCESSWIRE / May 7, 2021 / Blockchain-based medical marijuana startup Grow has partnered with crowdgrowing platform JuicyFields to support the purchase of cannabis goods worldwide. With the alliance, the GROW token will be integrated into Juicy's global grower network and web platform. It will also be introduced to several social clubs scheduled to launch in the near future.
A DeFi project focused on the fast-growing medicinal marijuana industry, Grow is on a mission to connect like-minded individuals and explore synergies between the cannabis and crypto communities.
The partnership enriches Grow's expanding Cannaverse ecosystem by introducing the GROW token to JuicyFields' 10,000 active users, who can now use the asset for investing and purchasing a slew of cannabis products.
By combining gamification and tokenization, Grow is merging the best elements of defi, a sector whose young, open-minded audience has considerable overlap with medicinal marijuana customers. The platform's popular GROW HOUSE NFT game is the gateway to the Cannaverse for medical professionals and crypto/cannabis lovers alike.
"I'm so pleased and thrilled for our new partnership with GROW. My vision for JuicyFields has always been to make a change in the cannabis industry, and I'm pleased that the team from Grow share the same vision as me, looking forward to our future work together", said Alan Glanse - CEO, JuicyFields
Grow is decentralizing the way medicinal cannabis is produced and distributed, crowd-sourcing cooperation via staking and giving users the power to vote on future developments. The platform enables users around the world to search for, identity and buy items online at leisure, with products redeemable in a real-world setting and remote distribution made possible thanks to JuicyFields services and GROW token payments.
As well as modernizing the cannabis supply chain from farm to table, Grow intends to become the go-to marketplace for physical and digital goods. The platform's native token will not only guarantee spending power in the digital aisles of the Cannaverse, but it will also be used to verify prescriptions and grant access to special events.
Although the real-world application of many defi platforms is at best questionable, Grow represents a tangible use case for both ERC-20 assets and NFTs, which are accepted in an array of cannabis shops affiliated with JuicyFields and Grow.
"I'm beyond excited about this partnership. The vision behind GROW is to connect the physical cannabis world to the digital ecosystem, which is what a true utility token allows for. Integrations that solve payment issues that have hurt the cannabis industry forever are on their way to being solved and this is one of the first steps to fixing an otherwise broken system. Growers, distributors, dispensaries, and consumers alike will benefit from this new cannaverse", said Branden Hampton - Chief Cannabis Officer, Grow.
About Grow
Grow is a decentralized cannabis NFT game that uses existing grower networks to create farming and rewards using proprietary blockchain technology. Built for the cannabis industry by medical professionals and crypto pioneers, Grow enables you to cultivate land, redeem NFTs, and build your brand in the cannaverse using $GROW.
Learn more: https://grow.house
About JuicyFields
JuicyFields is a cannabis crowdgrowing platform that connects would-be investors with licensed producers and distributors around the world. Its business model enables producers to expand operations to make the end-product less expensive, higher quality, and more desirable as an export. With JuicyFields, cannabis entrepreneurs can enter the business with less risk by removing the usual entry barriers for licensing, costs, cultivation and distribution.
Learn more: https://juicyfields.io/
CONTACT:
Anna Melton
a@fluxagency.io
SOURCE: Grow
View source version on accesswire.com:
https://www.accesswire.com/645697/Grow-Partners-With-JuicyFields-to-Launch-The-Worlds-First-Cannaverse
