Cannabis Archives

US Court Approves Class Action Lawsuit Against $70M Paragon ICO

June 25, 2020

A federal court in California has accepted a plaintiff’s petition for a class-action lawsuit against Paragon Coin, the crypto token of a cannabis firm, for violation of securities law The company raised $70 ...

Cannabis Shops Utilize Crypto Apps Amidst Coronavirus Cash Shortage

April 3, 2020

Cannabis shops are using bitcoin payment services to conduct business in place of fiat amidst the coronavirus pandemic. According to a report by CoinDesk, cannabis dispensaries in Boulder, Colorado have be...

Helix TCS Acquires Amercanex International Exchange

February 6, 2019

Helix TCS, Inc., a leading provider of ancillary services for the legal cannabis industry, announced this Wednesday that it has acquired cannabis electronic trading platform Amercanex International Exchange (...

Paragon Spikes 9,650% in 24 Hours in Apparent Pump and Dump

January 2, 2019

In the current bearish crypto market, good news is rare for traders. However, one project stunned the market as the new year kicked in. Paragon (PRG), the token issued by a blockchain firm aiming to reshape ...

High Times Magazine Becomes First IPO to Accept Cryptocurrency

August 6, 2018

The initial public offering of High Times, a cannabis-focused news outlet, is accepting cryptocurrency as payment. This is the first time that investors have been able to buy a company’s shares in this way. ...

Green Light: High Times Magazine Becomes First IPO to Accept Cryptocurrency

August 6, 2018

The initial public offering of High Times, a cannabis-focused news outlet, is accepting cryptocurrency as payment. This is the first time that investors have been able to buy a company’s shares in this way. ...

IBM Has High Expectations for Cannabis Sales On a Blockchain

November 7, 2017

Technology giant IBM (NYSE: IBM) has provided some input to the government of British Columbia as it prepares its regulatory framework for the legal distribution of cannabis and its by-products in the Canadia...

Payments Platform Alt Thirty Six Integrates Dash for Cannabis Sector

October 15, 2017

Alt Thirty Six, a digital payments platform, has announced that it will integrate the cryptocurrency Dash as a method of payment. Arizona-based Alt Thirty Six will provide a new solution, the 36 platform, tha...

Cannabis SaaS Provider düber Plans ICO Following $50m Deal

October 8, 2017

ICOs appear to be taking over the business world these days, with the new fundraising method being used by a very broad spectrum of ventures – which also includes the emerging American legal cannabis market. ...

Dennis Rodman’s Peace Mission to North Korea is Sponsored by PotCoin

June 16, 2017

NBA Hall of Famer Dennis Rodman went back to North Korea this week, thanks to the community-based cryptocurrency for legalized marijuana – PotCoin. Rodman made his first visit to North Korea in February 2013...