Bittrex exchange it will be removing two marijuana based coins CannabisCoin (CANN) and DopeCoin (DOPE) from its platform by September 6, 2019.
The cannabis market is one of the quickest growing markets in the U.S. but is held back by federal laws that still consider it an illegal drug, yet some US states including Washington D.C. have legalized the recreational and the medical use of marijuana for adults.
That creates problems for the industry to raise money which makes it difficult for anyone conducting financial transactions even in states where pot is legal. Cryptocurrencies make it easy for people in the marijuana industry.
Contents
CannabisCoin is a peer-to-peer cryptocurrency which connects registered dispensaries and enables them to sell marijuana in regions where it is legal.
DopeCoin is a decentralized, digital currency and payment system similar to Bitcoin. Our mission is to provide marijuana enthusiasts with a modern and secure way of doing business for the 21’st century.
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