So, for a while now there have been different views on the Cannabis industry in connection to cryptocurrencies and that depends on which aspect you look at. There have been many pumps and dump schemes going around before and that is why I assume the communities lost interest. Funny to see that even at one point there was a competition in 2018 between canna coins (Pot, CANN,Hemp)
As a $60 billion dollar industry in the United States, one would think we already had one with all the legalizations going on, but then I realized the governments would probably have a difficult time taxing the products since now, lots of dispensaries accept cash as the sole payment. Having all these different decentralized solutions, I do want to believe in DeFi solutions since who likes old school banks.. Even though there has been a downfall I believe there eventually will be a leading coin due to the industry's huge market. I saw a couple of days ago clips on Tangi that introduced their DeFi solution. As a sole competitor, it can always prosper.
Even though many have failed, one will prevail but only time will tell. What is your take? Cheers
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