Published On: Fri, Sep 8th, 2017

Paragon Developing Platform to Bring Some Regulation to US Cannabis Market

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In a world of shady dealings and $50,000+ cash transactions, the team behind the Paragon platform looks to build a service that can be used to help the cannabis industry achieve more regulation and mainstream adoption.
The Pot Problem
Marijuana has been a point of debate across the United States. More and more research is being done into the study of weed and its short and long-term effects on the human body, and this knowledge is slowly starting to lift the stigma surrounding the cannabis industry. While pot is still considered a schedule one controlled substance under federal law, many states are exercising their right to disagree with the laws of the national government and legalize cannabis consumption both medically and recreationally.
The industry is still small but has the potential to be on par with the massive alcohol industry we see within the US. States are realizing that legalization, taxation, and regulation is a much better way to incorporate marijuana into their policies than to incarcerate every kid that smokes a joint at a party.

Legal, Depending on Who You Ask
But with the entire space still in a legal gray area in the eyes of Uncle Sam, many …

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