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CryptoCann™ Report: Fidelity opens Wall Street’s first crypto trading desk; seed shortage looms on eve of marijuana legalization in Canada

DocuSign adds blockchain capability and Aurora Cannabis gets green light for vape products

a sprout
A shortage of marijuana seeds could delay the ability of Canadians to grow their own plants

The Crypto Report

Investment giant Fidelity has made a big splash into cryptocurrency with the creation of Wall Street’s first crypto trading desk, CNBC reports. Fidelity Digital Asset Services launched Monday as a means of processing cryptocurrency custody and trade execution for institutional investors, CNBC said. The service is not yet available to retail investors.

DocuSign Inc (NASDAQ:DOCU) said it is integrating blockchain into its electronic signature and transaction management services, according to a story in CCN.com. Customers will have the option to have a DocuSigned agreement automatically recorded on the Ethereum blockchain, CCN reports. The San Francisco-based company, which has a market value of more than $7 billion, also said it is joining the Enterprise Ethereum Alliance.

The Cann Report

Aurora Cannabis Inc. (TSX: ACB) (OTCQX: ACBFF) announced it has received a green light from Health Canada to sell its high-potency CBD oil products called Aurora Cloud. Because the products contain more than 550 mg of cannabinoid oil (CBD) and less than 30 mg of THC (the psychoactive ingredient in cannabis) Aurora says it is the only vape-ready CBD product legally available in Canada. Recreational use of marijuana turns legal in Canada on Wednesday.

With the legal sale of cannabis for recreational use set to go into effect tomorrow, Marijuana Business Daily reports that a shortage of marijuana seeds could delay the ability of Canadians to grow their own plants. Wholesalers have told MBD that they will not have recreational marijuana seeds or clones ready for purchase when legalization begins. That could fuel a black market for seeds until they are available through legal channels, the report said.

Contact Paul Curcio at [email protected]

Follow him on Twitter @GoCurcioGo

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