Could Crypto be the Answer to the Cannabis Industry’s Fundraising Problem?

[kreslik.news]

There are quite a few things that the cryptocurrency and cannabis industries have in common, and quite a few things that they have to offer one another. Both cryptocurrency and the legal cannabis market are relatively new phenomena in the US; both lack clear regulations, and both have a lot of (perhaps too much) money flowing into them.

Some believe that blockchain’s capabilities to build secure supply chains and financial ecosystems that could securely store the funds of cannabis businesses could solve some major problems in the cannabis industry. At the same time, successful widespread implementation of blockchain and ... (read more)