You'll soon be able to pay for weed with crypto

Cannabis is still highly regulated, and it’s illegal federally, despite legalization and acceptance of adult-use weed across the country. Some dispensaries are already ahead of the curve and accepting crypto payments. The benefits of accepting crypto far outweigh any drawbacks

Highlights

• Cannabis is still highly regulated, and it’s illegal federally, despite legalization and acceptance of adult-use weed across the country.
• The SAFE Banking Act recently fizzled in Congress—federal help is out of the question.
• In many legal states, the number of dispensaries is multiplying, but the feds still won’t legalize it.
• Enter crypto for weed, which had a huge year in 2021 and will ultimately become widely accepted in the cannabis industry.
• The benefits of accepting crypto far outweigh any drawbacks, and not just because of the federal banking loophole and security issues, but some dispensaries are already ahead of the curve and accepting crypto payments online.

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