--- title: CALIFORNIA, BLOCKCHAIN AND CANNABIS description: The California Legislature passed a bill that would establish a working group to focus on the benefits, risks and costs of using blockchain technologies by state, local and California-based businesses. The working group would focus on the possible use cases, privacy risks, legal implications and best practices for implementation.  The working group will issue a […] image: https://cdn.prod.website-files.com/66525ec138843cc1ccb1c325/68c301ebaa36be33aa2af8f7_1a3f16114a452999cc4d7d6b36ae1602_Obedio%20march%20of%20progress.png --- [Skip to content](https://hs.getobedio.com/blog/2018/09/04/2018-9-9-california-blockchain-and-cannabis#main-content) [![Obedio logo with black text and an orange graphic composed of four circles and a diagonal arrow pointing up and right.](https://cdn.prod.website-files.com/66525ec138843cc1ccb1c325/66529844eddaa630d6da1b42_obedio%20gold%20for%20white%20background.png)](https://getobedio.com) [Team](https://www.getobedio.com/team) [Pricing](https://www.getobedio.com/pricing) [Contact](https://www.getobedio.com/demo) [Blog](https://www.getobedio.com/blog) [Login](https://obed.io/v4/login) Banking Crypto California # CALIFORNIA, BLOCKCHAIN AND CANNABIS ![Susan Ameel](https://7528315.fs1.hubspotusercontent-na1.net/hub/7528315/hubfs/raw_assets/public/mV0_d-cms-elevate-theme_hubspot/elevate/images/avatar-placeholder.jpg?width=48&height=48&name=avatar-placeholder.jpg) Susan Ameel September 4, 2018 The California Legislature passed a bill that would establish a working group to focus on the benefits, risks and costs of using blockchain technologies by state, local and California-based businesses. The working group would focus on the possible use cases, privacy risks, legal implications and best practices for implementation.  The working group will issue a report to the legislature by July 1, 2020.      Blockchain is a distributed ledger that records each step in a supply chain or transaction. Blockchain technology can be on a public network, such that everyone can see and access the information on the chain, or it can be on a private network, such that only persons in the network can access the information.  Blockchain technologies would be an optimal solution for the states seed-to-sale tracking system.  Cannabis banking is another use case that would benefit from blockchain technology, especially if coupled with crypto currency.  California is leading the way forward.  We can hope that the cannabis industry is a key beneficiary of this process.  ## Share this post [mailto:https%3A%2F%2Fhs.getobedio.com%2Fblog%2F2018%2F09%2F04%2F2018-9-9-california-blockchain-and-cannabis](mailto:https%3A%2F%2Fhs.getobedio.com%2Fblog%2F2018%2F09%2F04%2F2018-9-9-california-blockchain-and-cannabis) ## Keep reading ### [California Ballot Measure Local Municipalities California voters will decide 118 local tax measures and $8.07 billion in bond requests on November 3](https://hs.getobedio.com/blog/california-voters-will-decide-118-local-tax-measures-and-8.07-billion-in-bond-requests-on-november-3) ### [Local Ordinance Zoning Ordinance Development Data Federal Realty Asks La Mesa to Approve a 165,000-Square-Foot Bass Pro Shops Where Macy's Stood at Grossmont Center](https://hs.getobedio.com/blog/federal-realty-asks-la-mesa-to-approve-a-165000-square-foot-bass-pro-shops-where-macys-stood-at-grossmont-center) [![Obedio your municipal data source](https://hs.getobedio.com/hs-fs/hubfs/google%20workspace-1.png?width=100&height=41&name=google%20workspace-1.png "Obedio your municipal data source")](https://getobedio.com) Obedio's business intelligence platform provides data and insights from over 25,000 municipalities, enabling retail, manufacturing, finance, real estate, and government clients to make informed decisions, assess risk, and identify opportunities. **Data Source & Liability Disclaimer:** The data presented on this website is aggregated from various official government and public entities ("The Original Government Sources"). 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