WEEDMAPS founder: Bitcoin is not welcome in the cannabis industry

WEEDMAPS founder: Bitcoin is not welcome in the cannabis industry


 

     Justin Hartfield, founder and CEO of Weedmaps, an online legal consulting community for marijuana in the United States, recently expressed his views on the issue of Bitcoin. He believes that Bitcoin will not promote the legalization of marijuana cultivation. On the contrary, Bitcoin will only bring trouble to the legalization of marijuana cultivation.

 

     Weedmaps, an online legal advice community for cannabis, allows users to discuss cannabis cultivation issues with local pharmacies online. The site generates approximately $18 million in revenue per year and is considered the leading site in the industry. As the founder and CEO of Weedmaps , Justin Hartfield has always had his own unique insights into the industry, and he recently told the media that he does not believe Bitcoin will help the cannabis industry.

 

     “We need to help this multi-billion dollar industry emerge from the shadows and mature, and banks will be a critical first step,” he added.

 

     Previously, Bitcoin developer and chief scientist Gavin Anderson believed that once the marijuana industry is legalized, marijuana will become one of the most important application scenarios of Bitcoin.


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