Medical cannabis and technology NFT in the same company? this is how it is green labA company founded by Colombians that combines these two aspects of its business model to support growth.

Amid the rapid growth of the global cannabis industry, the company that produces CBD oil and plant-based health and beauty products It is trying to position itself as a new player in the world. digital assetsespecially those using NFT technology.

The company, whose main goal is to provide physical and mental health to thousands of people with its medicines, has set ambitious targets to consolidate this business in Turkey as well. crypto world.

“This project aims to use technology to create an international community that sees the cannabis plant as a change producer and Colombia as a world benchmark in its production. We bring together the digital world of NFTs with tangible assets like the Cannabis factory,” he said. Tellez, Juan Manuel Co-founder and CEO of Greenlab.

Times Square was the setting chosen by the company and its investors to launch ‘Space Resilience’. A collection of 5,555 digital works by artist Julián Majín. The coin’s theme about the cannabis industry shows a group of astronauts traveling into space to ensure the survival of medical marijuana.

“Join the resistance and be one of the 5,555 space rebels to help spread the magic of cannabis through the Ethereum blockchain.”, they indicate in Web site From “Space Resistance” Where they add: “Despite the numerous benefits the cannabis plant offers, its existence on Earth has been threatened. That’s why we embarked on this mission to send 5,555 astronauts into space and ensure the survival of this mystical plant.”

In addition to receiving digital artwork, buyers will receive a medicinal cannabis product from Greenlab.

“We chose Times Square for the official launch because it’s where the world’s most famous NFT collections are shown. We wanted to be on this stage to gain international visibility and make Colombia become a benchmark by combining NFT technology with cannabis crops,” Téllez said in a broadcast.

What is NFT

NFT stands for immutable token. Tokens are units of value assigned to a business model, such as a cryptocurrency. And this NFTs have a strong relationship with cryptocurrencies, in terms of at least technologyAlthough they are opposite, bitcoin It is an exchangeable product. NFT is an unchangeable commodity, but in essence they are two sides of the same coin.

For a better understanding, an NFT is unique artwork, for example works by Julián Majín currently on display in Times Square in New York, United States. If anyone wants this Julian, they will have to buy it (if it’s on sale) or get a copy, in which case we’re not talking about the original anymore, This is what gives value to the statue.

Therefore, NFT is often associated with some work or digital illustration. Its price is really what people want and you can see it is now at the peak of its popularity. There are people who pay $100,000 for a rock painting affiliated with NFT.