So far, 2018 has been a huge year for the cannabis industry; but where is it all heading? In AxisWire’s 2018 Cannabis Trend Report, we take a look at some of the biggest developments in the cannabis industry so far this year and provide insight as to where the market trends suggest they will be […]
Cannabis software provider WebJoint is partnering with digital payment platform company Alt Thirty Six (Alt 36) to provide digital currency options to cannabis consumers. Alt 36 Co-Founder and Chief Executive Officer Ken Ramirez said, “It is the first digital payment platform that uses blockchain to help the cannabis industry go cashless.” Bitcoin was the first digital currency […]
The world of blockchain just got a little bigger today. On Feb. 7, 2018, SinglePoint Inc. (SING) announced the soft launch of its SingleSeed payment bitcoin payments solution and provided an update on ongoing company operations. Conceived of in 2014, the company initially held off on developing SingleSeed Payments due to a lack of market […]
A lawsuit was filed against cannabis cryptocurrency brand Paragon Coin and its owners Jessica VerSteeg and her husband Egor Lavrov for allegedly violating Securities law with regards to the Paragon Initial Coin Offering (ICO). The lawsuit states that approximately between August 15, 2017, through October 16, 2017, the defendants raised at least $70 million in […]
mCig, Inc. (MCIG), a distributor of products, customized packaging solutions, technologies, and services for the global medical cannabis industry, today announced the website launch of its blockchain focused company, OBITX Inc. Focusing on identifying and investing in projects that combine blockchain technology with real-world applications, OBITX offers ICO advisory services, blockchain consulting services, and blockchain-related […]
Barred from using the traditional banking system by federal and state laws, cannabis dispensaries nationwide have explored alternative, non-cash options in order to conduct their daily business, but so far they have not been widely adopting the use of electronic cryptocurrencies to do business. “What makes cashless currencies so attractive (the lack of a paper […]
Hindered by the inability for most cannabis industry companies to make daily cash transactions seamlessly in the existing financial system, a new company is launching a cryptocurrency-based system based on decentralized blockchain technology to design and implement a global, multi-level, non-cash transaction platform operating on autonomous PerksCoin (PRC) tokens. The new crypto-currency platform will be […]
The Green Market Report focuses on the financial news of the rapidly growing cannabis industry. Our target approach filters out the daily noise and does a deep dive into the financial, business and economic side of the cannabis industry. Our team is cultivating the industry’s critical news into one source and providing open source insights and data analysis