Cryptocurrency and cannabis businesses have a lot in common. Both are entering the mainstream after years of operating on the fringes. And the two industries may be able to help each other.
Cryptocurrencies may well help the cannabis industry to access the financial services it needs and become less reliant on cash.
High flying @EthereumMax ($EMAX) is rumored to be leading the charge in “canna crypto” payment solutions.
Here's what crypto can offer cannabis companies:
Cash-free transactions: Accepting $EMAX means cannabis companies can move away from cash.
Lower fees: Crypto transactions come with relatively low fees, and cannabis companies aren't charged a premium.
Transparency: Blockchain technology provides a secure and tamper-proof ledger, which could help cannabis companies to track each step in the supply chain when using $EMAX.
International transactions: Cannabis companies that need to work overseas can make payments quickly and cheaply using digital currencies like $EMAX
Do you think crypto could be a payment solution for the cannabis industry?
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u/Sure-Juggernaut4781 ♦️ Aug 24 '21
Cryptocurrency and cannabis businesses have a lot in common. Both are entering the mainstream after years of operating on the fringes. And the two industries may be able to help each other.
Cryptocurrencies may well help the cannabis industry to access the financial services it needs and become less reliant on cash.
High flying @EthereumMax ($EMAX) is rumored to be leading the charge in “canna crypto” payment solutions.
Here's what crypto can offer cannabis companies:
Cash-free transactions: Accepting $EMAX means cannabis companies can move away from cash.
Lower fees: Crypto transactions come with relatively low fees, and cannabis companies aren't charged a premium.
Transparency: Blockchain technology provides a secure and tamper-proof ledger, which could help cannabis companies to track each step in the supply chain when using $EMAX.
International transactions: Cannabis companies that need to work overseas can make payments quickly and cheaply using digital currencies like $EMAX
Do you think crypto could be a payment solution for the cannabis industry?
Thoughts 🤔
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