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Marijuana
Why the Marijuana Industry Needs Crypto
As Congress fails to open up the financial system for the cannabis industry, crypto offers a promising alternative.
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.
Marijuana-Focused Stablecoin Issuer Added to Arizona Fintech Sandbox
Arizona's fintech program has added a controversial startup using stablecoins to evade federal regulations
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.
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.
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.
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.
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.
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.
