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Shine a light on your innovative products or services shaping the future of the cannabis industry.

Reducing the Cash Problem Using Cryptocurrency

There’s no question that the cannabis industry has a banking problem. And without a reliable way to store and secure capital – a reported .03 percent of banks and credit unions will work with cannabis businesses nationwide leaving most to rely on cash transactions – business owners are having to find new ways to run their businesses.

We’ve talked about how cryptocurrency may help alleviate this pervasive issue before. Now there’s a business betting on that theory.

We caught up with President and Founder of Alt Thirty Six Lauren Murphy to learn more about how her platform is enabling cannabis businesses operate without cash and why that matters.

[embedyt] https://www.youtube.com/watch?v=SCW52HUzcBI[/embedyt]

 

 

Author

  • Dylan is Managing Editor of Cannabis & Tech Today. While Dylan spent the majority of his career in education technology, he's an avid backyard scientist who's passion for biology, physics, and other nerdy obsessions overshadows even his intense love for peanut butter.

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