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A Guide To Web3 Applications In The Cannabis Industry

By xpheonix52
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By Jonathan Bench (April 26, 2022, 3:59 pm EDT)-CannaDAO recently launched a business opportunity for Decentralized Autonomous Organization (DAO) participants to invest in real cannabis businesses around the world.[1]

DAO includes multiple aspects such as tokens, non-fungible tokens, games to earn cannabis, and decentralized participation in governance. DAO’s leadership also advertises that it has an element of social impact.

This article is written at an introductory level, even for lawyers who only have a rough understanding of some of these terms. Trading or securities attorneys with a temporary interest in cannabis or Web3 will benefit most from this article, but cannabis or …

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