Weed on the Chain: Can the German Cannabis Supply Chain Benefit from Blockchain Technology?
31 Pages Posted: 5 Apr 2019
Date Written: March 14, 2019
This paper outlines challenges for the Cannabis industry in Germany in light of the internationally fast-moving legalisation for medical and recreational use. As handling of active substances in Europe and especially in Germany is strictly regulated, thorough documentation of all supply chain stages is required. We investigate if Blockchain-based solutions can fulfill legal requirements and furthermore provide additional benefits in creation and analysis of bg data. The structural design of a prototype solution is outlined and specified in order to facilitate the use of the technology to enable safe, secure and impeccalbly documented use of the drug in Germany.
Keywords: Cannabis, Import, Regulation, Germany, Blockchain, Documentation, Big Data, Analysis, Supply Chain Management, Digital Twin
JEL Classification: O1, O13, O3, O52
Suggested Citation: Suggested Citation