Paragon Announces New Cannabis Co-Working Space in Hollywood

Paragon Space – Hollywood, CA

A new cannabis co-working space is coming to Los Angeles, California on July 1st, 2018. Dubbed Paragon Space, the building will be available to companies, startups and freelancers within the cannabis industry who need an accessible location to work.

Paragon, a leading blockchain technology platform for the cannabis industry, purchased the building using only cryptocurrency (PRG), and services within the space are only available to PRG coin holders.

The Paragon Space - Hollywood, CA

Inside Paragon Space

Paragon Space is the first co-working space set up by the company, and its creation, as well as its location, is all thanks to the Paragon community. Members voted for what they wanted to see using Paragon’s voting smart-contract technology, choosing the building and flagship location.

As for what will be offered within Paragon Space, members will find fly desks, lounging areas, offices, and conference areas all available for rent based on different plans provided exclusively through PRG. The rental cost is calculated based on the floor plan and capacity required, but Paragon expects that the average rent should be comparable, if not cheaper, than the current market.

The Paragon Space - Hollywood, CA

Other communal areas in the new Paragon Space include a lounge and outside area, which will function as a space for meetings, events, and a communal area to relax and network. In addition, to keep everyone hydrated and fed, there will be a Paragon Café selling food and drinks.

According to the company website: “Paragon Space is a unique and bold concept, befitting to the modern crypto world. Paragon Spaces offer co-working desk and office space, as well as a café, conference spaces, and an in-house lab. These high tech spaces are accessible to all, provided you pay in PRG—we don’t accept any other form of payment.”

The Paragon Space - Hollywood, CA

The goal of Paragon Space is to provide a welcoming environment where like-minded individuals can cross-pollinate great ideas and feel comfortable working in a cannabis-friendly location.

PITCH Concepts, led by Baky Soumar will head the design renovations for Paragon Space, transforming the building into a high-tech hub. Paragon is also in talks with FUNDANNA, a cannabis crowdfunding platform, to bring in like-minded innovators and startups.

About Paragon

Paragon is a technology company offering blockchain solutions and smart contracts to the cannabis industry. Its goal is to help improve experiences for individuals, companies, and countries worldwide, while also encouraging community collaboration.

On April 20th, 2018, Paragon plans to roll out the first version of its online Seed to Sale (OStS) tracking system, mobile app, as well as an application/reservation system for its co-working space. To learn more, visit

Related – The Heart of Art, Contained: The Container Yard in Los Angeles