Cannabis is an exciting, emerging sector, with enormous growth and investment potential for decades to come.
Blockchain is a red-hot tech trend. Its proponents insist that this is revolutionary technology, with virtually limitless potential for future applications.
Given these market realities, a number of junior corporations have cynically been looking for ways that they can attach the word “cannabis” or “blockchain” to their operations, whether or not there is actually a significant cannabis or blockchain component to their company.
India Globalization Capital, Inc. (NYSE American: IGC, Forum)is a U.S.-based junior corporation that has recently been talking about cannabis and blockchain in its most recent news. Is this just more corporate window-dressing? No.
ICG is a cannabis biopharma corporation. While the Company continues some legacy operations relating to commodity trading, equipment leasing, and property management, since 2013 its principal focus has been on pioneering opportunities in the large-and-growing cannabis biopharma space.
Adding “blockchain” to this business model is a much more recent development, but it’s hardly window-dressing. On December 26, 2017; the Company announced a new initiative to immediately incorporate blockchain innovations into its cannabis biopharma business model.
Stockhouse recently had the opportunity to ask IGC’s CEO, Ram Mukunda, to connect the dots on India Globalization Capital, cannabis, and blockchain.
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