Silver Scott Mines, Inc. Launches TrustNFT.io's Blockchain Authentication Platform for Cannabis Industry
Silver Scott Mines (OTC:SILS) has launched Weed.TrustNFT.io, a blockchain-based authentication platform for the cannabis industry. The platform aims to combat counterfeiting, streamline compliance, and create new revenue opportunities through NFT technology.
The system works by assigning unique NFTs to cannabis products, linking crucial information such as lab test results, strain genetics, and batch tracking. Consumers can verify product authenticity by scanning QR codes, while brands and regulators can access a blockchain ledger for compliance purposes.
According to pilot program projections, cannabis brands implementing TrustNFT.io can expect a 10-15% reduction in counterfeit losses, 30% faster compliance reporting, and potential new NFT-driven revenue of $50K-$500K annually. The company is offering 500 free NFTs to the first 10 brands who sign up for the platform.
Silver Scott Mines (OTC:SILS) ha lanciato Weed.TrustNFT.io, una piattaforma di autenticazione basata su blockchain dedicata all'industria della cannabis. La piattaforma mira a contrastare la contraffazione, semplificare la conformità normativa e creare nuove opportunità di guadagno attraverso la tecnologia NFT.
Il sistema funziona assegnando NFT unici ai prodotti di cannabis, collegando informazioni fondamentali come risultati di test di laboratorio, genetica delle varietà e tracciamento dei lotti. I consumatori possono verificare l'autenticità del prodotto scansionando codici QR, mentre marchi e regolatori possono accedere a un registro blockchain per scopi di conformità.
Secondo le proiezioni del programma pilota, i marchi di cannabis che adottano TrustNFT.io possono aspettarsi una riduzione del 10-15% delle perdite dovute a contraffazioni, una riduzione del 30% nei tempi di reportistica per la conformità e potenziali nuovi ricavi da NFT compresi tra 50.000 e 500.000 dollari all'anno. L'azienda offre 500 NFT gratuiti ai primi 10 marchi che si registrano sulla piattaforma.
Silver Scott Mines (OTC:SILS) ha lanzado Weed.TrustNFT.io, una plataforma de autenticación basada en blockchain para la industria del cannabis. La plataforma busca combatir la falsificación, agilizar el cumplimiento normativo y generar nuevas oportunidades de ingresos mediante la tecnología NFT.
El sistema funciona asignando NFTs únicos a los productos de cannabis, vinculando información crucial como resultados de pruebas de laboratorio, genética de las cepas y seguimiento de lotes. Los consumidores pueden verificar la autenticidad del producto escaneando códigos QR, mientras que las marcas y reguladores pueden acceder a un registro blockchain para fines de cumplimiento.
Según las proyecciones del programa piloto, las marcas de cannabis que implementen TrustNFT.io pueden esperar una reducción del 10-15% en pérdidas por falsificación, un 30% más rápido en los reportes de cumplimiento y potenciales nuevos ingresos impulsados por NFTs de $50K a $500K anuales. La empresa ofrece 500 NFTs gratis a las primeras 10 marcas que se inscriban en la plataforma.
Silver Scott Mines (OTC:SILS)는 대마초 산업을 위한 블록체인 기반 인증 플랫폼인 Weed.TrustNFT.io를 출시했습니다. 이 플랫폼은 위조 방지, 규정 준수 간소화, NFT 기술을 통한 새로운 수익 창출 기회를 목표로 합니다.
이 시스템은 대마초 제품에 고유한 NFT를 할당하여 실험실 테스트 결과, 품종 유전 정보, 배치 추적과 같은 중요한 정보를 연결합니다. 소비자는 QR 코드를 스캔하여 제품의 진품 여부를 확인할 수 있으며, 브랜드와 규제 기관은 규정 준수를 위해 블록체인 원장을 조회할 수 있습니다.
파일럿 프로그램 예측에 따르면 TrustNFT.io를 도입한 대마초 브랜드는 위조 손실을 10-15% 감소시키고, 규정 준수 보고 속도를 30% 향상시키며, 연간 5만 달러에서 50만 달러의 NFT 기반 신규 수익을 기대할 수 있습니다. 회사는 플랫폼에 가입하는 최초 10개 브랜드에 500개의 무료 NFT를 제공합니다.
Silver Scott Mines (OTC:SILS) a lancé Weed.TrustNFT.io, une plateforme d'authentification basée sur la blockchain pour l'industrie du cannabis. Cette plateforme vise à lutter contre la contrefaçon, à simplifier la conformité et à créer de nouvelles opportunités de revenus grâce à la technologie NFT.
Le système fonctionne en attribuant des NFT uniques aux produits de cannabis, reliant des informations cruciales telles que les résultats des tests en laboratoire, la génétique des variétés et le suivi des lots. Les consommateurs peuvent vérifier l'authenticité du produit en scannant des codes QR, tandis que les marques et les régulateurs peuvent accéder à un registre blockchain à des fins de conformité.
Selon les projections du programme pilote, les marques de cannabis utilisant TrustNFT.io peuvent s'attendre à une réduction de 10 à 15 % des pertes dues à la contrefaçon, à un rapprochement des rapports de conformité 30 % plus rapide et à de potentielles nouvelles recettes NFT comprises entre 50 000 et 500 000 dollars par an. L'entreprise offre 500 NFT gratuits aux 10 premières marques qui s'inscrivent sur la plateforme.
Silver Scott Mines (OTC:SILS) hat Weed.TrustNFT.io gestartet, eine blockchain-basierte Authentifizierungsplattform für die Cannabisindustrie. Die Plattform zielt darauf ab, Fälschungen zu bekämpfen, die Einhaltung von Vorschriften zu vereinfachen und durch NFT-Technologie neue Einnahmequellen zu schaffen.
Das System funktioniert, indem es Cannabisprodukten einzigartige NFTs zuweist, die wichtige Informationen wie Labortestergebnisse, Sortengenetik und Chargenverfolgung verknüpfen. Verbraucher können die Echtheit der Produkte durch das Scannen von QR-Codes überprüfen, während Marken und Regulierungsbehörden auf ein Blockchain-Ledger zur Einhaltung der Vorschriften zugreifen können.
Den Prognosen des Pilotprogramms zufolge können Cannabis-Marken, die TrustNFT.io einsetzen, mit einer Reduzierung von Fälschungsverlusten um 10-15%, einer 30% schnelleren Compliance-Berichterstattung und potenziellen neuen NFT-basierten Einnahmen von 50.000 bis 500.000 US-Dollar jährlich rechnen. Das Unternehmen bietet den ersten 10 Marken, die sich für die Plattform anmelden, 500 kostenlose NFTs an.
- Platform targets 10-15% reduction in counterfeit-related losses for cannabis brands
- Projected $50K-$500K in new annual NFT-driven revenue potential
- 30% faster compliance reporting capabilities
- Customer loyalty program shows 25% increase in repeat purchases
- Free NFT offering for early adopters (500 NFTs for first 10 brands)
- Cannabis industry currently loses up to 15% of annual revenue to counterfeits
- Platform success depends on widespread adoption by cannabis brands
New "Weed.TrustNFT.io" Platform Combats Counterfeiting, Enhances Compliance, and Unlocks New Revenue Streams for Cannabis Brands
FRANKLIN, NEW JERSEY / ACCESS Newswire / June 30, 2025 / Silver Scott Mines, Inc. (OTC:SILS), a leader in blockchain-powered security solutions, today announced the official launch of Weed.TrustNFT.io , a groundbreaking NFT-based platform designed to eliminate counterfeit cannabis products, ensure regulatory compliance, and drive customer engagement through blockchain technology.
With counterfeit cannabis products costing legitimate businesses up to
How It Works
Each cannabis product is assigned a unique NFT linked to:
Lab test results (THC/CBD %, contaminants)
Strain genetics & grower details
Expiration dates & batch tracking
Consumers simply scan a QR code to confirm authenticity before purchase, while brands and regulators access a tamper-proof blockchain ledger for compliance.
Key Benefits for the Cannabis Industry
Stop Counterfeits - Protect brand reputation and revenue from fake products.
Automate Compliance - Reduce audit costs with blockchain-powered record keeping.
Boost Customer Loyalty - Gamified NFT rewards increase repeat purchases by
25% or more.Unlock New Revenue - Earn royalties from NFT resales and premium verification services.
"The cannabis industry loses millions to counterfeiters and inefficiencies," said Stuart Fine, CEO at Silver Scott Mines, Inc. "Weed.TrustNFT.io gives brands a turnkey way to fight fraud, build trust, and monetize their products in ways that weren't possible before."
Pilot Program Potential Results
Leading cannabis brands, that implement TrustNFT.io's platform, can anticipate:
10
Availability
Weed.TrustNFT.io is now available for licensed producers, dispensaries, and edible manufacturers. To celebrate the launch, Silver Scott Mines is offering 500free NFTs to the first 10 brands who sign up at Weed.TrustNFT.io.
About Silver Scott Mines, Inc.
Silver Scott Mines, Inc. (OTC: PINK: SILS) invests in cutting-edge blockchain and AI technologies for regulated industries. Its subsidiary, TrustNFT.io, specializes in anti-counterfeiting and customer engagement solutions for cannabis, pharmaceuticals, and luxury goods.
Forward-Looking Statements
This press release includes forward-looking statements within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements are not historical facts and involve risks and uncertainties that could cause actual results to differ materially from those expected and projected. Words such as expects, believes, anticipates, intends, estimates, seeks and variations and similar words and expressions are intended to identify such forward-looking statements. Such forward-looking statements with respect to revenues, earnings, performance, strategies, prospects and other aspects of the businesses of Silver Scott Mines are based on current expectations that are subject to risks and uncertainties. A number of factors could cause actual events, performance or results to differ materially from the events, performance and results discussed in the forward-looking statements.
Media Contact: Stuart Fine CEO Silver Scott Mines, Inc. 908-356-9852
www.silverscottmines.com
View the original press release on ACCESS Newswire
FAQ
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