Last Updated on September 9, 2023 by Paganoto
Top 4 Marijuana Cryptocurrencies – Investopedia
Top 4 Marijuana Cryptocurrencies – Investopedia
Businesses and operators selling and/or distributing recreational and medical pot are still barred from using banks for their transactions because of federal legislation. The development and use of marijuana-specific virtual currencies have ramped up in order to fill the hole in this market.
Why the Marijuana Industry Needs Crypto – CoinDesk
Why the Marijuana Industry Needs Crypto – CoinDesk
As Congress fails to open up the financial system for the cannabis industry, crypto offers a promising alternative.
The Relationship Between the Cannabis Industry and the …
The Relationship Between the Cannabis Industry and the …
Consumers who buy hemp-based health products, foods, and beverages can use Bitcoins in addition to more common payment methods, such as debit cards or PayPal.
Without Banks, Cannabis Companies Are Turning to Crypto
Without Banks, Cannabis Companies Are Turning to Crypto
Cannabis companies who choose to use crypto banking may be able to minimize their reliance on cash, but this strategy isn’t without problems.
Why Cannabis-Specific Cryptos Will Not Take On … – Benzinga
Why Cannabis-Specific Cryptos Will Not Take On … – Benzinga
They also fall short because cannabis cryptocurrencies do not provide any innovation in their technology and are limited to a single industry, …
Why Use Crypto for Weed Business in Cannabis Industry
Why Use Crypto for Weed Business in Cannabis Industry
Since no bank owns the blockchain, it means no bank can be accused of money laundering for processing cannabis transactions in cryptocurrency.
You'll Soon Be Able to Pay for Weed With Crypto | Opinion
You'll Soon Be Able to Pay for Weed With Crypto | Opinion
Accepting crypto at dispensaries is more time consuming than accepting cash, as crypto is taxed differently than standard cash business income.
Can Cryptocurrency Offer Cannabis Industry Viable Banking …
Can Cryptocurrency Offer Cannabis Industry Viable Banking …
Cryptocurrency and related payment solutions like the Bitcoin’s Lightning Network may soon revolutionize the cannabis industry and push the …
Weed Industry Doesn't Think Cryptocurrency Is a Solution
Weed Industry Doesn't Think Cryptocurrency Is a Solution
A number of software platforms help dispensaries report seed-to-sale data to state regulators. But using cryptocurrency would muddy the trail.
Bitcoin offers the cannabis industry an alternative to banks
Bitcoin offers the cannabis industry an alternative to banks
An estimated 500 banks will work with medical marijuana companies, but the majority still won’t. · Experts say the cannabis industry could be a …
Pagaonoto is an SEO editor and cryptocurrency researcher for various publications.