Leading Cannabis Blockchain Platform Paragon To Open Co-Working Space For Cannabis Companies In Los Angeles

LOS ANGELES, March 12, 2018 /PRNewswire/ -- Paragon, the leading blockchain technology platform for the cannabis industry, has secured their first co-working space located in Los Angeles (Hollywood). The building is in escrow and is being fully paid in crypto, slated to open July 1st 2018. The location was decided upon by the Paragon community using Paragon's voting smart-contract, and all votes were paid for with PRG.

By April 20th 2018, Paragon plans to have various operational systems rolled out, including the co-working space application/reservation system. The team will also release its first version of the online Seed to Sale (OStS) tracking system and mobile app.

THE PARAGON SPACE will be accessible to anyone who is part of the Paragon community, but services will only be available to PRG coin holders. Sign-ups to use the space will be available to companies, startups and freelancers within the cannabis industry.

Within the Paragon space, flex desks, lounging areas and offices will be available to rent based on several different plans using PRG exclusively. Members of the community will also have access to conference rooms to host their own events and meetings. The cost of renting the space will be calculated based on the floor plan and capacity, however the average price to rent should be much more affordable when compared to the wider market.

The lounge and outside area of the building will function as an additional space for meetings, events, and a communal area for members to relax and network. Additionally there will be a Paragon Café with food and drinks available for purchase in PRG.

SPACE DEVELOPMENTS

Baky Soumar is anticipated to lead design renovations with his company PITCH Concepts to transform the building into a high-tech hub to serve the needs of all Paragonians. Additionally, Paragon is engaged in discussions with FUNDANNA, the leading online cannabis crowdfunding platform for startups, to unite like-minded innovators and reinforce a progressive atmosphere for collaboration within the cannabis industry. Together they will unite like-minded innovators, reinforcing a progressive atmosphere for collaboration within the cannabis industry.

For more information, please visit https://paragoncoin.com.

ABOUT PARAGON

Paragon aims to help pull the cannabis community from marginalized to mainstream, by introducing revolutionary blockchain solutions to the industry. With increasing awareness surrounding medicinal and lifestyle benefits of cannabis, our aim is to accelerate innovation, encourage community collaboration and work towards full legalization. By utilizing blockchain and smart contracts, we want to improve experiences for individuals, companies and countries worldwide, and we are passionate about moving forward in an ethical, morally responsible and legal way. To learn more about Paragon, visit https://paragoncoin.com/login or follow us at https://twitter.com/paragoncoin.

SOURCE Paragon

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