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Silver Scott Mines, Inc. Launches TrustNFT.io's Blockchain Authentication Platform for Cannabis Industry
Silver Scott Mines, Inc. Launches TrustNFT.io's Blockchain Authentication Platform for Cannabis Industry.
About this update from Silver Scott Mines, Inc.
[{"type":"text","content":"\r\n\r\n \r\n \r\n Silver Scott Mines, Inc. Launches TrustNFT.io's Blockchain Authentication Platform for Cannabis Industry \r\n \r\n \r\n\r\n\r\nSilver Scott Mines, Inc. Launches TrustNFT.io's Blockchain Authentication Platform for Cannabis Industry \r\n\r\n\r\n\r\n\r\n\r\nNew \"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.\r\n With counterfeit cannabis products costing legitimate businesses up to 15% of annual revenue and regulatory scrutiny increasing, TrustNFT.io provides an immutable, transparent, and consumer-friendly solution to verify product authenticity from seed to sale.\r\n \r\n How It Works\r\n \r\n \r\n Each cannabis product is assigned a unique NFT linked to:\r\n Lab test results (THC/CBD %, contaminants) Strain genetics & grower detailsExpiration dates & batch trackingConsumers simply scan a QR code to confirm authenticity before purchase, while brands and regulators access a tamper-proof blockchain ledger for compliance.\r\n \r\n \r\n Key Benefits for the Cannabis Industry\r\n \r\n \r\n \r\n Stop Counterfeits - Protect brand reputation and revenue from fake products.\r\n Automate Compliance - Reduce audit costs with blockchain-powered record keeping.\r\n Boost Customer Loyalty - Gamified NFT rewards increase repeat purchases by 25% or more.\r\n Unlock New Revenue - Earn royalties from NFT resales and premium verification services.\r\n \r\n \r\n \r\n \"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.\"\r\n \r\n \r\n Pilot Program Potential Results\r\n \r\n \r\n Leading cannabis brands, that implement TrustNFT.io's platform, can anticipate:\r\n 10-15% reduction in counterfeit losses30% faster compliance reporting$50K-$500K in ne...