Cannabis Buzz Harshed by Regulations, Cash Shortage While Cryptocurrency Is Ready to Light Up

Cannabis Buzz Harshed by Regulations, Cash Shortage While Cryptocurrency Is Ready to Light UpRecent reports show that major marijuana companies are running out of money, and businesses in Canada are especially in danger of becoming illiquid. Major producers in the weed-friendly nation have just over 6 months of cash on hand, according to the information, and comparable companies in the U.S. just over one year of liquidity. In […]

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Cred Merchant Solutions to Help Unbanked Business Sectors

Cred Merchant Solutions to Help Unbanked Sectors Like California’s Cannabis IndustryCred Merchant Solutions has been unveiled in Emeryville during San Francisco Blockchain Week in an event hosting several California elected officials. The new point-of-sale system will help unbanked business sectors, such as California’s cannabis industry, accept crypto payments from customers and pay taxes. Also Read: Video: Will Bitcoin Crash or Double in Price After the […]

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California City Official Uses Bitcoin Cash to Purchase Cannabis

Berkeley City Councilmember Uses Bitcoin Cash to Purchase CannabisIn California, cryptocurrency payments are making headway in the cannabis industry as Berkeley City Councilmember Ben Bartlett became the first elected official to purchase cannabis using a digital asset. On Tuesday, Bartlett utilized bitcoin cash (BCH) and Cred’s LBA token to facilitate the transaction at the Ohana Cannabis dispensary in Emeryville. Also Read: Bitmain Launches […]

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Cannabis, Cryptocurrency and Compliance: One Man’s Quest to Support Unbanked Businesses

Ernesto Huerta is the very embodiment of Bitcoin. As the operator of Crypto Space, a physical bitcoin exchange in Los Angeles’ San Pedro neighborhood, Huerta knows more than most about the challenges of running a cryptocurrency business while maintaining banking access and compliance. In a wide-ranging interview, the Crypto Space owner has disclosed the realities […]

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Canada Encourages Cannabis Sector to Transact Discreetly

Canada Encourages Cannabis Sector to Transact DiscreetlyThe Office of the Privacy Commissioner of Canada has published a document advising Canadian citizens to use cash to conduct transactions pertaining to cannabis in order to protect personal information. In response to the guidance, Etoro market analyst Mati Greenspan has predicted the liberalization of Canada’s cannabis sector will bolster local privacy coin adoption. Also […]

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