Exploring the potential impact of blockchain technologies in Health Canada's cannabis supply chain Online publication date: Fri, 26-Jul-2024
by Stephen Johnson
International Journal of Blockchains and Cryptocurrencies (IJBC), Vol. 5, No. 1, 2024
Abstract: This case study explores Health Canada's ability to detect and prevent illegal cannabis infiltration into its supply chain and investigates how blockchain might help address identified weaknesses. The Canadian government's regulatory framework reveals a need for stricter oversight of the cannabis supply chain to enhance security. Current monitoring has a critical weakness, making it susceptible to black market infiltration. This deficiency has led to negative customer perceptions of cannabis production and distribution. Maintaining the status quo risks customers switching to cheaper, higher-quality black-market cannabis. Introducing blockchain technology could shift Health Canada's regulatory approach from human-dependent to a shared responsibility model involving all cannabis ecosystem stakeholders. Blockchain could effectively track cannabis production and distribution, enhance state monitoring of quality standards, detect contaminants, and reduce consumer risks. The study highlights blockchain's potential benefits but also acknowledges its potential high costs.
Existing subscribers:
Go to Inderscience Online Journals to access the Full Text of this article.
If you are not a subscriber and you just want to read the full contents of this article, buy online access here.Complimentary Subscribers, Editors or Members of the Editorial Board of the International Journal of Blockchains and Cryptocurrencies (IJBC):
Login with your Inderscience username and password:
Want to subscribe?
A subscription gives you complete access to all articles in the current issue, as well as to all articles in the previous three years (where applicable). See our Orders page to subscribe.
If you still need assistance, please email subs@inderscience.com