Colorado Cannabis Operations Begin Banking With Bitcoin

[Posternut]

Across the United States, cannabis operations are now becoming common. However, cannabis business owners from fully-legalized states such as Washington and Colorado are having a hard time cashing in on their frowned-upon weed businesses. One Colorado hemp farmer is turning to bitcoin and teaching others how to leverage the decentralized currency.

https://news.bitcoin.com/colorado-cannabis-banking-bitcoin/

[shinratensei_]

Across the United States, cannabis operations are now becoming common. However, cannabis business owners from fully-legalized states such as Washington and Colorado are having a hard time cashing in on their frowned-upon weed businesses. One Colorado hemp farmer is turning to bitcoin and teaching others how to leverage the decentralized currency.

https://news.bitcoin.com/colorado-cannabis-banking-bitcoin/

I just even heard if hemp oil and hemp product had legal import in America but the reality are false. Mostly a lot of the parties are assumed if the hemp is same with marijuana. Even the THC level of them is different. But in myself are mostly for denying the hemp too.
Even the cannabis(hemp) has to contain 0.000010% THC. anyone agrees if this one can make the bitcoin having next bad reputation?

[fortunecrypto]

It's their best option,banks and paypal still consider hemps illegal,so if they foiund that one you will get shut down,it's going to be good for both  hemp and the bitcoin community and they are both goin gto advance inthier industry without restrictions ..

[gaurmiaur]

Good, glad they're able to have a safe alternative than dealing with just cash.

[helloeverybody]

Good, glad they're able to have a safe alternative than dealing with just cash.

Probably safer than having it in the bank besides the fact that they will possibly be making huge gains as bitcoin goes up in price.

http://www.independent.co.uk/news/business/news/tesco-bank-accounts-suspended-transactions-access-frozen-hack-money-la-a7402006.html

[Milkduds]

This industry is going to be pressed as the big dogs move their product into position. There are some big names getting into the weed game and I suspect with some lobbyists in their pocket they will push out the smaller players.
Just the fact that so many companies have a hard time dealing with deposits from their profits,tells me that they are being strangled for a reason that goes beyond the usual bank heavy hand.