Despite being legal in a growing number of states for either medical or recreational use, cannabis is still illegal under federal law. This regulatory uncertainty has effectively locked the industry out of the traditional financial system.
On the crypto side, the overall market capitalization in January 2023 is about $1 trillion from $10 billion at the end of 2013. The days of crypto flying under the radar of national governments are long over, as heads of state are sanctioning protocols and formulating their strategy to launch their digital currencies.
Despite being on the fringe in the past, cannabis and crypto have become mainstream. Both industries are connected at the hip now more than ever.
Crypto may not be the complete “answer” to all the problems in the cannabis industry. However, blockchain technology could help cannabis companies and investors access liquidity.
In this exciting presentation from CannaCrypto Network*, we will explore how these two powerful industries can work together to revolutionize both industries.
*CannaCrypto Network is the leading community for cannabis and crypto investors to find solutions to their industry’s biggest challenges through education, resources, and networking