As of September 2018, nine states have legalized recreational marijuana, and 30 have legalized medical marijuana. Even in states with complete recreational legalization, there are still regulations surrounding the production and sale of cannabis products. Unfortunately, the 100% cash model of cannabis companies makes it almost impossible for regulators and governments to determine who is following protocol and who is not.
The CERES Coin platform offers a unique regulatory solution for business and government oversight. Through the CERES Coin platform, governments can customize their profile to capture local and state requirements for sellers. As regulations change over time, governments can use the CERES system to maintain accurate records and oversight.