Cannadex has agreed to undertake the remainder of the development of the second iteration of the Nuvo blockchain network ("Nuvo 2.0")

Cannadex has agreed to undertake the remainder of the development of the second iteration of the Nuvo blockchain network ("Nuvo 2.0") which will incorporate parts of the Laser technology stack. The work product of this development will be provided by Cannadex to Nuvo blockchain's user community under an open-source license. Cannadex will then use the Nuvo 2.0 blockchain network to build a blockchain-based spot market exchange for tokenized commodities (the "Spot Market"), with a primary initial focus on cannabis assets. Once fully formed, the Spot Market will be based on the Nuvo blockchain network! If you're unfamiliar with Laser, it is a blockchain agnostic service layer that is comparable to the swift network for banking. It enables transactions between any two seperate blockchains and reduces transactions to mere seconds.

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