Is Bitcoin the perfect solution is to cannabis industry’s banking problem?

Is Bitcoin the perfect solution is to cannabis industry’s banking problem?

Health cannabis is currently appropriate generally in most states into the U.S. and leisure cannabis in several. Nonetheless, during the level that is federal cannabis – whether medical or leisure – continues to be categorized being a substance that is prohibited. Meanwhile, globally, only a countries that are few legitimately permitted medical cannabis, and you can find much fewer ones which have at the very least decriminalized the medication for leisure usage.

Due to the state that is current of legislation within the U.S. and around the entire world, major banks will always be maybe maybe not cannabis companies that are embracing. This implies that cannabis organizations continue to be struggling to accept major credit or debit cards.

And because cannabis organizations could not access credit and debit card solutions, they have been obligated to accept simply cash. Most of the money readily available entails constant protection danger and problems that are logistical. Read more