![banking for the cannabis industry cryptocurrency](https://stonerthings.com/wp-content/uploads/2019/09/cannabis-cryptocurrency.jpg)
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Cryptocurrencies hold incredible promise, and acquired by Bullish group, owner wave of violent robberies across financial services.
Cryptocurrencies hold incredible promise, and acquired by Bullish group, owner wave of violent robberies across financial services.
Here are a few challenges of cash transactions and how crypto can help: Tax reporting Cannabis businesses are heavily taxed. Lower transaction fees are another plus, as a decentralized system is more flexible. Final words Crypto holds immense potential for the cannabis industry and can help business owners solve their existing challenges. Industry leaders such as the European cannabis business are already climbing on the BitCanna payment express. And another from California, who stopped distributing marijuana but not other substances, indicated that he routinely accepted crypto as payment.