New Partnership Uses Blockchain to Advance Credibility and Quality in Legal Cannabis, CBD Industries – World News ReportPosted by On

Covalent CC LLC and Qredible® partner to provide essential trust and transparency solutions to the regulated cannabis and CBD spaces

/EIN News/ — LAS VEGAS, Jan. 10, 2023 (GLOBE NEWSWIRE) — Covalent CC LLC (“Covalent”), a premium supplier of cannabinoids, is thrilled to announce it has entered a partnership with Qredible®, the cannabis industry’s first blockchain-backed digital registry and integrated network of validated and verified suppliers. For both companies, the partnership is a crucial step forward in achieving increased visibility in the legalized cannabis, CBD and hemp industries.

Covalent President and Founder Kelly Ann Bortman is enthusiastic about how this partnership will impact the industry. “We want to thank Qredible for coming to the marketplace with a verification process that will standardize the industry as a whole, from CBD to nutraceuticals,” Bortman said. “Qredible’s efforts ensure the end user receives the product and ingredients as advertised. Proper usage of products will be clearly stated. Full transparency is important to Covalent, and Qredible will deliver this necessary benefit.”

The partnership enables Covalent to better serve customers by verifying raw materials used in production. The Qredible collaboration will aid Covalent in maintaining strong business relationships, particularly with financial institutions. “Banks, for example, want to see a full panel certificate of…

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