U.S. Officials Warn Against Cannabis and Bitcoin Investment
Colorado Securities Commissioner (CSC) Gerald Rome had some things to say concerning investments in digital currency and cannabis. It seems the state employee where reefer is legalized doesn’t see the incredible amounts of capital injection happening all around the world from these businesses. In fact, it’s interesting he and other U.S. officials have not seen the level of wealth being poured into the state provided by cannabis companies. Giving an advisory on behalf of Colorado states CSC, Rome believes three emerging investments are very risky right now. The ventures mentioned are some....
Related News
Colorado, a US state known for its liberal regulation of cannabis, is now going to host the Crypto Cannabis Conference on October 24th & 25th, 2015. The organizers expect the attendance from the best minds in the cannabis industry who will discuss the pros and cons of Bitcoin for the cannabis industry. Inviting the best minds in the Bitcoin world, Crypto Cannabis Conference organizers don’t charge any registration fees. People involved in the legal cannabis business have a lot of advantages if they use Bitcoin, and this conference explores those advantages. Similarly, the organizations....
The Crypto Cannabis Conference is holding its second annual conference in Denver, Colorado — where cannabis is legalized for recreational use. Crypto Cannabis Conference Comes to Colorado. The cannabis industry is growing exponentially in the U.S., and this year many states are on the path to legalize marijuana. With this economy now budding, many....
Is it possible to put cannabis on the blockchain? With one company, that’s exactly what’s taking place. Motherboard reports that Medicinal Genomics is creating a registered list of all cannabis genomes to be stored on the bitcoin blockchain. The purpose is to take any confusion out of marijuana purchases; MG wants to make sure every customer receives the strain they’ve set out to purchase, as each type can have varying effects on patients. “The Bitcoin blockchain has been going since 2009, and its security is in its proof of work,” says CSO of MG Kevin McKernan. “If, for any reason, we....
Cannabis and crypto go a long way. They share the same “high” and miseries. Still a taboo in many countries, the U.S. Cannabis industry sees cryptocurrency as its saving grace after being declined by the traditional banking sector. Being ignored by banks is just one of the many gnawing hurdles that the weed industry is […]
The San Francisco-based dispensary, Trees, wants to hook you up with a cannabis kit, so all of your smoking needs are taken care of in one place. The company acknowledges that - with technology like vaporizers, dabs, and so on, cannabis has become pretty complex (especially after a dome straight to the head). So for that reason, Trees stocks the latest tech and glassware for your blazing pleasure and packages it in a convenient form. Medicinal use of cannabis in California has been legal since 1996. While in Colorado and Washington cannabis is recreational, in California, the legalization....