What You Should Know About Cryptocurrencies And Legal Cannabis

The $10 billion legal US marijuana industry has taken it upon themselves to expand their payment methods. Two alternatives over cash are recently being used, cryptocurrencies and loaded debit cards.

By Alex M In 2012, when Colorado and Washington legalized marijuana for recreational use, the whole cannabis community celebrated the beginning of the end of pot prohibition.   Something many people wanted to see had finally happened,  but while many entrepreneurs have joined the Green Rush, they have encountered more challenges and business hurdles than most expected. One Read the full article…

GreenMed Launches Cryptocurrency-Based Credit Card Processing App For Legal Marijuana Industry

Cryptocurrency startup GreenMed has announced the launch of its ERC20 token-backed debit and credit card service

CALIFORNIA: Pro-cannabis cryptocurrency startup GreenMed has become the world’s first one-stop shop for electronic payments in the legal marijuana industry. The platform enables customers to pay for legal marijuana with credit and debit cards. Apart from allowing card payment at dispensaries, the platform also allows users to pre-purchase for quick pick-up over its app. GreenMed is the first platform Read the full article…