Blockchain and Cannabis Industries Together can Clear Regulatory Hurdles

As the cannabis industry around the world begins what is sure to be a long road to finding compliance with governments and establishing security in both logistics and financial transactions, it could find support in another emerging industry that faces many of the same issues.

 

Blockchain Could Solve the Cannabis Cash Problem

Cryptocurrency entrepreneurs have already created bridges to the cannabis world by creating at least a dozen cannabis-focused blockchain projects competing to provide the framework for the nascent industry to grow on. While the multi-billion dollar a year (in the US alone) cannabis industry offers blockchain and cryptocurrency companies a massive source of revenue.

 

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