Cannabis is kind of narcotic substance produced from a plant by the same name. Cannabis is legalized in some countries and some states of the U.S. Bitcoin in the cannabis industry is a new way of making secure and anonymous payments. As drug trafficking is still outside the law, banks and other financial establishments don’t provide services for cannabis dealers. It is simple to buy cannabis online with Bitcoin or even use Bitcoin to buy cannabis seeds. Besides this, cannabis and Bitcoin are connected not only as being a payment method. There are many cannabis cryptocoins allowing to buy cannabis equal to one coin. Such altcoins have cannabis as a reserve, so they can be convenient to use not only as Bitcoin for cannabis, but for any other goods as well.
Cannabidiol is largely legal and increasingly recognized for its health benefits, but to go mainstream it may need blockchain’s transparent privacy.
Can blockchain provide the financing and proof-of-provenance the CBD business needs?
The Game is facing a $12 million judgment for his role in an allegedly unregistered initial coin offering.
Rapper The Game facing $12M judgment along with execs in ICO case
A crypto company that aims to support cannabis businesses and enable shoppers to find quality products has announced it is switching to the Cosmos blockchain.
Cannabis-focused crypto firm reveals why it’s switching to Cosmos
SynBiotic SE cites "legitimate concern" about a "massive devaluation of fiat money."
German cannabis company hedges with Bitcoin in case euro crashes
A new Rhode Island House bill aims to revamp state legislature to create a regulatory environment more conducive to “vital” blockchain growth.
Rhode Island introduces ‘vital’ blockchain growth act
As senators call for an end to the federal prohibition of marijuana, how would it affect the crypto-cannabis connection that's arisen in the weed industry's ban...
Federal reform could transform crypto’s cannabis use case
FTX is "weeding out the competition" with its new selection of tokenized stocks.
Fractional stocks go to pot as FTX lists tokenized cannabis shares