Category: Cannabis

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Roger Ver at Webx Asia: Reflections on Payments, Self-Custody, and the Role of Crypto Lawbreakers

When asked whether he’d rather be called a “bitcoin evangelist,” or “Bitcoin Jesus” at the recent Webx seminar in Tokyo, Roger Ver responds: “I prefer to be called Roger.” The enthusiastic and outspoken figure in crypto, scattering sats around the world with unapologetic frankness about government, the bitcoin block size wars, and conflations of legality…
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Federal reform could transform crypto’s cannabis use case

As senators call for an end to the federal prohibition of marijuana, how would it affect the crypto-cannabis connection that’s arisen in the weed industry’s banking blindspot? The recent vow by United States Senate leader Chuck Schumer to end federal prohibition of cannabis could have knock-on effects for Bitcoin (BTC) and the wider cryptocurrency industry.…
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Blockchain Tracing the Cannabidiol Supply Chains Will Help Define Legal Standards

Policymakers in Europe and the U.S. are pushing to use blockchain technology to ensure a safer, regulated cannabis market. Interest in cannabidiol-based products has been on the rise, as recent statistics show that the global cannabis market is expected to have reached $42.7 billion in the next four years. Yet as hemp-derived cannabidiol, or CBD,…
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Judge Certifies Investor Class in $70m Pot ICO Lawsuit

Paragon Coin will face federal claims from a class-action lawsuit alleging that the firm’s $70 million ICO from 2017 violated securities laws. A Californian federal judge has certified an investor class in a lawsuit alleging that the cannabis crypto firm Paragon Coin Inc violated securities laws in its 2017 initial coin offering (ICO) that raised…
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Bubblers for Bitcoin: Why I’ve Started Accepting BTC for Glass Pipes

Bitcoin has become the biggest win for business: A personal story from an artist and a businessman. Once my company, Jerome Baker Designs, had become one of the premier producers of custom pipes and bongs in the 1990s, I no longer enjoyed doing it. However, when the Drug Enforcement Administration busted through the doors of…
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“Every Asset Class Will Be Digitized and Tokenized,” Says Cred Co-Founder

Wallet providers and exchanges will be paying interest on consumer crypto holdings within two years, predicts Dan Schatt. In a varied career, Dan Schatt has been a Peace Corps volunteer in Romania, a Citibank banker in Senegal, a Celent analyst and a PayPal executive. He co-founded Cred, a decentralized lending and borrowing platform, with other…
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StrainSecure Seed-to-Sale Blockchain Cannabis Tracker Is a Gamechanger

TruTracker seed-to-sale blockchain-based cannabis tracker StrainSecure set to revolutionize the medical cannabis industry. Medical cannabis companies are rushing to sign up for the world’s first blockchain-secured platform for tracking product from seed-to-sale, according to a report from ProActiveInvestors on Jan. 3. The StrainSecure platform, developed by TruTrace, provides testing, DNA-based validation and product guarantees for…
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Blockchain Firm Partners With Cannabis Data App to Create Research Project

Measure Protocol, a blockchain-based data marketplace, has partnered with the Broccoli app to create a cannabis research project. A blockchain-based data marketplace, Measure Protocol, and a cannabis-oriented survey rewards app, Broccoli, will jointly establish a research community for cannabis users. According to a Nov. 12 press release, the companies will use the new community to…
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