Stoner jokes aside..The legal marijuana industry is destroying all expectations...
Sales totaled $5.4 billion in 2015 — and hit $6.7 billion in 2016. $50 billion is expected by 2020 based on only half the country currently being legal at the state level...
This trend will only accelerate as more states legalize the drug, either for recreational or medical use, since 84% of Americans think medical marijuana should be legalized nationwide...
When cannabis is legalized at the national level, expect 100B or more annually in the USA alone...
Yet there are still are a number of obstacles in place holding this industry back...
And not just the fact that it’s still illegal in a lot of states...
Federal law prohibits financial institutions from taking money made from marijuana...
This prevents any distribution, farming, cultivating or baking business involved in legal marijuana sales from using traditional banking systems...
As you can imagine, this causes a major disruption for business owners...
And it forces marijuana-based enterprises to carry unsafe amounts of cash and pay exorbitant fees to keep it secured...
Enter PotCoin (POT)!!!
PotCoin is the first decentralized cryptocurrency specifically engineered for the underserved legal marijuana industry...
Like other cryptocurrencies, PotCoins are stored in an online digital wallet and are delivered directly from person to person on the internet...
Using this infrastructure, merchants can finally realize the savings and security that they need to run a successful business...
User accounts cannot be frozen — and there are no prerequisites or arbitrary limits...
What’s more, it’s perfectly legal all over the globe — no black or grey market needed anywhere...
Legalization campaigns are currently active in 26 U.S. states. As more and more states get on board, it will propel the marijuana market to new heights in the coming months and years...
And since financial management is a core component of development and expansion, PotCoin is all but guaranteed to rise as the momentum continues...
Better yet, since the currency is at $0.00875 right now, it represents an incredible opportunity to invest in this burgeoning space...
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.