How a Blockchain Startup Is Going to Free the Cannabis Industry from Banker Control

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·@johnvibes·
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How a Blockchain Startup Is Going to Free the Cannabis Industry from Banker Control
<p><img src="https://thefreethoughtproject.com/wp-content/uploads/2018/05/cannabis-blockchain-696x366.jpg" width="696" height="366"/></p>
<p>&nbsp;In states where cannabis has been legalized, dispensaries and &nbsp;retailers still operate in a legal gray area due to the federal &nbsp;prohibition of the plant.&nbsp;</p>
<p>One of the biggest issues faced by the &nbsp;cannabis industry is the fact that it is still strictly a cash business &nbsp;since they are unable to collect credit card payments and are blocked &nbsp;off from traditional banking. Cryptocurrency offers a great solution to these problems, and many &nbsp;cannabis businesses are beginning to adopt the technology out of &nbsp;necessity.&nbsp;</p>
<p>Since blockchain technology is still developing, the point of &nbsp;sale options for retail locations have been slim, but a new platform &nbsp;called Alt Thirty-Six is hoping to change that. This week, Alt Thirty-Six announced a partnership with the cannabis &nbsp;software company WebJoint, which they say will allow for more widespread &nbsp;cryptocurrency adoption in cannabis retail locations.&nbsp;</p>
<p><em>“Our goal at Alt Thirty-Six—to bring secure digital payment &nbsp;solutions to the cannabis industry—perfectly aligns with WebJoint’s &nbsp;innovative, cannabis-specific software technology. We’re thrilled to &nbsp;have the opportunity to partner with [WebJoint], providing more cannabis &nbsp;businesses with access to our platform and changing the way the &nbsp;industry as a whole handles payments,”</em> Alt Thirty-Six CEO Ken Ramirez said in a <a href="https://www.prnewswire.com/news-releases/alt-thirty-six-partners-with-webjoint-to-further-advance-cashless-payment-solutions-for-cannabis-businesses-300648492.html?tc=eml_cleartime">statement.</a>&nbsp;</p>
<p>WebJoint Founder and CEO Christopher Dell‘Olio said he believes that this could be the solution to the industry’s banking woes.&nbsp;</p>
<p><em>“We are excited to work with Alt Thirty-Six to solve a major &nbsp;issue that the cannabis industry has been facing for quite some time,”&nbsp;</em>Dell‘Olio said.<em>&nbsp;</em></p>
<p><em>&nbsp;“I believe this partnership will take cannabis tech to the next level &nbsp;and help all companies across the supply chain accept cashless payments. &nbsp;I have full confidence in Alt Thirty-Six as well as our WebJoint team &nbsp;to execute and offer a reliable merchant solution to our 200+ cannabis &nbsp;POS clients.”</em>&nbsp;</p>
<p>WebJoint already provides services for more than 200 cannabis &nbsp;retailers in California, and it will soon be expanding into Arizona and &nbsp;Nevada. All of the locations that are serviced by WebJoint will accept &nbsp;cryptocurrency payments through Alt Thirty-Six.&nbsp;</p>
<p>https://youtu.be/6XE3iPPT5e8</p>
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AUTHOR BIOGRAPHY:
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<p>My name is John Vibes and I am an author and researcher who organizes a number of large events including the Free Your Mind Conference. I write for numerous alternative media websites, including The Free Thought Project @tftproject and The Mind Unleashed. In addition to my first book, <a href="https://www.amazon.com/Alchemy-Timeless-Renaissance-John-Vibes/dp/1518828612">Alchemy of the Timeless Renaissance</a>, I have also co-authored three books with Derrick Broze @dbroze : <a href="http://theconsciousresistance.com/reflections-on-anarchy-and-spirituality/"><em>The Conscious Resistance: Reflections on Anarchy and Spirituality</em></a>, <a href="http://theconsciousresistance.com/finding-freedom-age-confusion/"><em>Finding Freedom in an Age of Confusion</em></a> and <a href="http://theconsciousresistance.com/manifesto-of-the-free-humans/"><em>Manifesto of the Free Humans</em></a></p>
<p>I just won a 3-year-long battle with cancer, and will be working to help others through my experience, if you wish to contribute to my medical bills, consider subscribing to my <a href="https://www.patreon.com/Johnvibes">podcast on Patreon.&nbsp;</a></p>
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