Medical Marijuana Dispensary Becomes Canada’s First to Accept Bitcoin

CANADA:  Mega Chill has become the first medical marijuana dispensary in Canada to accept bitcoin.

Since the formal announcement this September, Mega Chill has seen an overwhelmingly positive response from the community, both from patients familiar with bitcoin and customers who had never heard of the digital currency.

The relationship between bitcoin and the marijuana industry is long-standing due to bitcoin’s ability to offer an alternative to the traditional banking system and its still-prevalent use in online dark markets.

In the case of Mega Chill, however, the decision had less to do with sidestepping potential money problems and more to do with the growing popularity of bitcoin as a payment method. CoinDesk spoke with co-owner Matt Jung, who cited the public’s curiosity and enthusiasm for digital currency as the reason his business decided to accept bitcoin.

 

Read full article @ CoinDesk