Legal marijuana has been having banner year after banner year since various states have legalized the sale and consumption of the plant and its derivatives starting back in 2012 within Colorado and Washington. It should be noted that the process of marijuana’s status as a demonized drug has been slipping for much longer than the past 4 years.
The first medical marijuana dispensary in the United States was in California back in 1996. As a business model, it’s hard to beat being a legal seller of pot, whether in a medical capacity or fully legalized manner. It’s common to see business owners and consultants cross-pollinating across state lines to be first in line to get licensed into new states as they pass legislation to legalize. But the green-rush to get into a successful marijuana business can be a headache because of some of the highly restrictive financial laws associated with running such an operation.
So, the question must be asked – is there a potential solution to this problem with Bitcoin?
Few of us could honestly complain about being too cash rich, right? Well, many of the owners of marijuana dispensaries have this exact problem. While fantasies about being surrounded by piles of green bills might seem appealing, there are several inherent problems with this. Marijuana Is Legal within Certain States, Not the Entire United States
Marijuana had an almost revolutionary moment when people from certain states within the U.S. stood up collectively and declared that they weren’t going to be persecuted for the cultivation, sale and use of a plant that some believe to be not only not harmful, but beneficial. Regardless where these states stand on the subject of what place marijuana has in society, the fact remains that it is still very much illegal in the eyes of […]
