n a world where cash is king and crime is rife, Bitcoin has come to the rescue of the cash beleaguered medical marijuana businesses.
In the United States, marijuana is a touchy subject but there is legalisation of medical marijuana in at least 25 states and the District of Columbia. This new medical marijuana industry has a dark secret though – it is a cash only business.
All Terms Cash
In July 2016, the Los Angeles Times covered the cash only nature of pot stores and how they are becoming victims of robberies.
They reported the killing of a 24-year old Colorado pot store guard, Travis Mason. Describing the amount of cash that is handled by these stores, the Los Angeles based newspaper wrote: