Archive | marijuana

Exclusive Interview: Jessica VerSteeg Talks Product Traceability

Jessica VerSteeg began her career as a fashion and print model for 10 years, and she was crowned Miss Iowa 2014 as well as a finalist for Miss USA. She competed on “The Amazing Race” Season 28 and amassed a large following on Instagram. However, after the loss of her husband to an accidental painkiller […]

High Times Becomes the First IPO to Accept Cryptocurrencies

On Thursday, the well-known cannabis culture brand and publication High Times announced it’s holding an initial public offering (IPO) and that it will be the first regulated A+ stock offering to accept cryptocurrencies. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space High Times Takes Another Step Into the Future by Accepting Cryptocurrencies for its […]

How Did Marijuana Coins React to 4/20?

Every year, marijuana coins receive the spotlight as speculators and spectators look to see how markets fluctuate in response to April 20. These coins, which include PotCoin (POT), CannabisCoin (CANN), and HempCoin (THC), have historically seen large volumes in response to the date colloquially known as “420 Day”. Unfortunately, 2018’s April 20 was a difficult day for […]

Cannabis Vendors and Consumers Can Now Use Dash to Power Payments

It is evident the marijuana industry can benefit from cryptocurrency and blockchain technology in the future. Although some altcoins have been created to make that happen, most efforts are still small-scale. Dash is trying to make a big impact here, as digital payments platform Alt Thirty Six has turned to Dash as a “payment method of choice” for […]

San Diego’s Medicine Man Club Uses Native Cryptocurency Token Rather Than Cash

Creating a native cryptocurrency token for a specific business is an unusual concept. Although we have seen native tokens in cryptocurrency, they are hardly used for real-life purchases. In San Diego, that situation is vastly different, at least where the Medicine Man Club is concerned. Their native currency is the Medicine Man Token which grants […]

Singlepoint Acquires Funding to Tackle Cannabusiness Banking Problems With Bitcoin

US cannabis merchants could soon have a major new service to accept payments using bitcoin, which would sidestep the federal ban on cannabis businesses using bank accounts. Also read: Washington State Bill to Ban Bitcoin for Pot Fails Funding Acquired Singlepoint Inc. is a publicly traded holding company based in Phoenix, Arizona, that focuses on […]

Indospace Allows Cannabis Merchants to Accept Bitcoin Effortlessly

This week spoke with Justin Nahin, the founder of Indospace, a payment platform startup connecting cannabis dispensaries with bitcoin. Also read: Bitcoin Price Skyrockets — Touches $2860 Across Global Exchanges is the first online payment solution that incorporates a dispensary’s updated menu with a bitcoin checkout. The company is a white label bitcoin payment platform that […]

Washington State Bill to Ban Bitcoin for Pot Fails

A possible ban on bitcoin for marijuana purchases in Washington State has failed, according to a source close to the matter, who wished to remain anonymous. SB 5264, the much-discussed ban on virtual currency for marijuana, failed to make it out of committee. Further, a Senator that brought the bill forward, most likely Senator Ann Rivers, […]