Friday, May 13, 2022 10:32:15 AM
there is a way to end run or an alternative method.
Businesses and operators selling and/or distributing recreational and medical pot are still barred from using banks for their transactions because of federal legislation.
END RUN or ALTERNATIVE:
Cryptocurrencies make it easy for people in the marijuana industry to carry out transactions.
While Bitcoin has become widely popular in the virtual currency world there are marijuana specific cryptocurrencies such as:PotCoin, CannabisCoin, DopeCoin, HempCoin, and CannaCoin.
In other words DO NOT be concerned about the Safe Bank Act. When Prohibition came in, 30,000 Speakeasy’s also came about and were frequented at night by judges, attorneys, legislators, and just about everyone who liked their liquor.
The key here is picking the right marijuana company to invest in. Personally, I think USMJ is a charlatan in the cannabis industry.
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