Marijuana cryptocurrency

marijuana cryptocurrency

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PotCoin was one of the marijuana was legal in 38 The supply of PotCoin is. As of Junethe it processes transactions quickly at.

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CRYPTO OR... CANNABIS
Cryptocurrencies specifically designed for the cannabis market could be utilized as a means of exchange, enabling seamless transactions between. A fund that invests in Latin American cannabis companies is planning to use a novel way of raising cash to expand, with a sale of a type of. Using crypto as an intermediary step 'could potentially be seen as bank fraud,' says Smoakland.
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Under the name CANNdy, there is a line of medicines and marijuana strains grown for the specific purpose of exchange at the rate of 1 CannabisCoin to 1 gram of medication. The first customer-facing marijuana vending machine to debut in the US will accept bitcoins as a form of payment. In order to fully understand the legal liabilities of involving blockchain technology in the operation of a cannabis businesses, operators should seek appropriate attorneys for blockchain and cannabis related matters.