Is Bitcoin the answer to cannabis industry’s banking problem?
Healthcare cannabis is now legal in many states in the U.S. and leisure cannabis in a few. However, during the level that is federal cannabis – whether medical or recreational – remains categorized being a prohibited substance. Meanwhile, globally, only a countries that are few lawfully allowed medical cannabis, and you will find much fewer ones which have at the least decriminalized the medication for leisure usage.
Due to the state that is current of legislation within the U.S. and around the world, major banking institutions remain perhaps perhaps not adopting cannabis businesses. This ensures that cannabis businesses continue to be not able to accept major credit or debit cards.