marijuana

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Why the Marijuana Industry Needs Crypto
As Congress fails to open up the financial system for the cannabis industry, crypto offers a promising alternative.
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A Former Beauty Queen Raised $12M to 'Revolutionize' Cannabis. The Courts Can't Find Her
Here's how a weed-smoking model raised millions of dollars with a 2017 token sale in California, then disappeared during an ongoing lawsuit.
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Marijuana-Focused Stablecoin Issuer Added to Arizona Fintech Sandbox
Arizona's fintech program has added a controversial startup using stablecoins to evade federal regulations
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Pipe Dreams: Bitcoin Won't Solve Pot Industry's Banking Problem
Cryptocurrency use could give U.S. Attorney General Jeff Sessions an excuse to crack down on state-legal pot firms, an industry lawyer warns.
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Pot-Friendly Bitcoin Startup Raises $1.5 Million
POSaBIT, a Seattle-based digital currency payments startup with a focus on serving legal cannabis outlets, has raised $1.5m in funding.
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Washington Lawmakers Are Trying to Keep Bitcoin Out of Pot Shops
A new bill filed in the Washington State Senate seeks to prohibit local marijuana businesses from using digital currency.
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New Colorado Marijuana Vending Machines Will Accept Bitcoin
The first customer-facing marijuana vending machine to debut in the US will accept bitcoins as a form of payment.
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Marijuana in Colorado Faces Same Legal Obstacles as Bitcoin
US Federal law has made banking institutions and credit card companies wary of handling marijuana purchases.
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Colorado Marijuana Dispensary Uses Bitcoin to Evade Federal Laws
Federal laws prohibit credit card payments, so all Colorado's marijuana must be purchased in cash – or bitcoin.
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