Cannabis Industry

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Relm Launches Insurance Coverage for Cryptocurrency and Cannabis Groups in Tough Regulatory Climate

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Bermuda-based insurance company Relm has announced an official launch of operations, issuing a press statement March 3, stating the group will “focus on digital asset (cryptocurrency) enterprises and cannabis and hemp related businesses.” The business, owned by Deltec International Group, a Nassau private financial services provider founded in 1959, currently offers five basic products for … Read more

Cannabis Buzz Harshed by Regulations, Cash Shortage While Cryptocurrency Is Ready to Light Up

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Recent reports show that major marijuana companies are running out of money, and businesses in Canada are especially in danger of becoming illiquid. Major producers in the weed-friendly nation have just over 6 months of cash on hand, according to the information, and comparable companies in the U.S. just over one year of liquidity. In … Read more

California City Official Uses Bitcoin Cash to Purchase Cannabis

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In California, cryptocurrency payments are making headway in the cannabis industry as Berkeley City Councilmember Ben Bartlett became the first elected official to purchase cannabis using a digital asset. On Tuesday, Bartlett utilized bitcoin cash (BCH) and Cred’s LBA token to facilitate the transaction at the Ohana Cannabis dispensary in Emeryville. Also Read: Bitmain Launches … Read more

Bitcoin ATM Maker Develops Payment Solution for Cannabis Dispensaries

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The legal US cannabis industry growing strong where local authorities have stepped out of its way. However, in combination with banks and credit card companies refusing to provide services to many businesses, restrictions have created a perfect opportunity for alternative systems to prove themselves. Themed altcoins, specialized ICO projects, and other types of crypto ventures, … Read more

PR: GANA Technologies Offers 10% Bonus for Joining Cannabis Industry Revolution

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In May, GANA Technologies, introducing how to adopt artificial intelligence technology to the cannabis industry, announced the start of its token public sale. However, there is still the chance to get 10% bonus even during the core sale. The project team offers you the opportunity to get more tokens if you join the ICO before … Read more