Silver Scott Mines Launches TrustNFT.io for Cannabis Blockchain Authentication

Silver Scott Mines Launches TrustNFT.io for Cannabis Blockchain Authentication
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New Platform Weed.TrustNFT.io Revolutionizes Cannabis Industry with Anti-Counterfeiting Solutions

Introduction to Weed.TrustNFT.io

FRANKLIN, NEW JERSEY / ACCESS Newswire / June 30, 2025 – Silver Scott Mines, Inc. (OTC:SILS), a pioneer in blockchain security technologies, has officially unveiled Weed.TrustNFT.io, an innovative platform utilizing NFTs to combat counterfeit cannabis products, ensure compliance with regulations, and enhance customer engagement through blockchain advancements.

The Challenge of Counterfeiting in Cannabis

Counterfeit cannabis products are a significant threat, costing legitimate businesses as much as 15% of their annual revenue. As regulatory pressures mount, Weed.TrustNFT.io offers a transparent and consumer-friendly solution that guarantees product authenticity from cultivation to sale.

How Weed.TrustNFT.io Operates

Each cannabis item is assigned a distinct NFT that is connected to:

  • Laboratory test results (THC/CBD percentages, contaminants)
  • Genetic information and grower details
  • Expiration dates and batch tracking

Consumers can easily scan a QR code to verify authenticity before making a purchase, while brands and regulatory bodies can access a secure blockchain ledger for compliance purposes.

Advantages for Cannabis Brands

Combat Counterfeiting

This platform helps safeguard brand integrity and revenue by preventing the sale of counterfeit products.

Streamline Compliance

By leveraging blockchain technology, businesses can reduce audit expenses through automated record-keeping.

Enhance Customer Loyalty

Gamified NFT rewards can lead to an increase in repeat purchases by 25% or more.

Generate New Revenue Streams

Brands can earn royalties from NFT resales and premium verification services.

Insights from Leadership

Stuart Fine, CEO of Silver Scott Mines, stated, “The cannabis sector faces substantial losses due to counterfeit products and operational inefficiencies. Weed.TrustNFT.io equips brands with a comprehensive solution to combat fraud, foster trust, and monetize their offerings in unprecedented ways.”

Expected Outcomes from Pilot Programs

Cannabis brands that adopt the TrustNFT.io platform can expect:

  • A 10-15% decrease in losses from counterfeit products
  • 30% faster compliance reporting
  • An annual revenue boost of $50K-$500K from NFT initiatives

Availability of the Platform

Weed.TrustNFT.io is now accessible to licensed producers, dispensaries, and edible manufacturers. To celebrate its launch, Silver Scott Mines is offering 500 complimentary NFTs to the first ten brands that register on the platform.

About Silver Scott Mines, Inc.

Silver Scott Mines, Inc. (OTC: PINK: SILS) invests in advanced blockchain and AI technologies tailored for regulated sectors. Its subsidiary, TrustNFT.io, focuses on anti-counterfeiting and customer engagement solutions across cannabis, pharmaceuticals, and luxury goods.

Forward-Looking Statements

This announcement contains forward-looking statements as defined by the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. These statements involve risks and uncertainties that may cause actual results to differ significantly from expectations. Terms such as “expects,” “believes,” “anticipates,” and similar expressions are used to identify these forward-looking statements. Various factors could lead to actual outcomes differing from those discussed.

Media Contact Information

Stuart Fine
CEO, Silver Scott Mines, Inc.
Phone: 908-356-9852
Website: www.silverscottmines.com
Social Media: X: @TrustNFT2025 @silverscottmine

SOURCE: Silver Scott Mines, Inc.
For the original press release, visit ACCESS Newswire.

Disclaimer: This article is provided for informational purposes only and does not constitute financial advice. Readers are encouraged to conduct their own research before making any investment decisions.

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