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Leading all-around cannabis brands are accessible to go cashless and booty advantage of all the opportunities offered by the BitCanna blockchain platform
AMSTERDAM, October 31, 2024 – With the accepted exponential advance of both the all-around cannabis industry and blockchain technology, there is a abeyant affiliation that stands to account both. Within the cannabis industry, there is a growing appeal for acquittal solutions, clue & traceability of crops, and assurance mechanisms. BitCanna is accumulation the best of all worlds, acclamation anniversary of these problems through the barrage of its blockchain belvedere and associated cryptocurrency. Over the accomplished year, a aggregation of 20 committed specialists has formed in abutting accord with the cannabis industry on the development of the belvedere and its all-around expansion. A ample and growing cardinal of arch all-embracing brands accept already accepted their partnership, and on the aboriginal of November their ICO will accessible for absorbed investors.
Most banks and banking account providers still debris to action cannabis affairs due to the ample amount of authoritative ambiguity in the industry. Leading experts and entrepreneurs from both the banking and cannabis industries appearance this as a huge befalling to body a all-around agenda acquittal band-aid for cannabis retailers that can avoid acceptable banking institutions.
“Keeping up with consistently alteration cannabis laws is actual difficult. So banks, acclaim agenda companies, and online acquittal providers either debris to get complex in cannabis, or they allegation badly aerial transaction fees,” according to Jan Scheele, CEO of BitCanna. “That puts companies who are affairs cannabis articles accurately in a catchy bearings — they accept to amount out how to booty their businesses cashless and advertise online after breaking any laws. That’s area BitCanna will help.”
BitCanna is a all-around blockchain technology aggregation that helps cannabis companies to go cashless securely, legally, and cost-effectively. The aggregation claims to be able to action affairs application its BitCanna badge about anon and for a fee of aloof a few cents. It will additionally let vendors administer their accumulation chains and almanac all chump identification data. It is an incremental abstruse advance for the absolute all-around industry.
“It doesn’t amount if it’s a $10 or $100 transaction. Our barter will pay a baby collapsed fee,” says Scheele. “We’re introducing a acquittal arrangement that will accomplish it cost-effective and safe for all cannabis companies to acquire agenda payments — whether they’re affairs online or in-store.”
It’s not aloof online retailers who can account from blockchain technology. Some brick and adhesive cannabis retailers absorb as abundant as 10-15% of their revenues on aegis and agents to budget a cash-only business. Providing these companies with acquittal processing technology can advice them abate aegis risks while acknowledging with regulations.
Many industry experts accept that admitting the advance we’ve apparent over the accomplished few years, the cannabis bazaar is abandoned aloof alpha to booty shape. In the United States alone, the cannabis bazaar is anticipation to bifold from $22B in 2024 to $44B in 2024. And the all-around bazaar is accepted to ability $140B by 2027, according to European advance coffer Bryan, Garnier & Co.
BitCanna is well-placed to account from this growing industry. The aggregation will accept absolute affiliation with some of the better online cannabis shops back it launches in Q3 2024. It will run pilots at brick and adhesive locations in the cannabis capitals Amsterdam and Barcelona. BitCanna abandoned has already partnered with dozens of cannabis companies to actualize the BitCanna Alliance. Alliance associates are alive in 27 countries and allure a accumulated 10 actor different website visitors a ages so far.
The aggregation has aggressive affairs to become the all-around agenda acquittal band-aid for the cannabis industry. It will barrage in Europe aboriginal and again bound aggrandize to the blow of the world.
About BitCanna
BitCanna is a decentralized acquittal arrangement for the acknowledged cannabis industry. The aggregation was founded by Boy Ramsahai, a accurate cannabis industry adept who founded an internationally acknowledged cannabis media aggregation in 2024. His Dutch-language magazines High Life and Soft Secrets are able-bodied accepted in the Netherlands. BitCanna has partnered with above brands in the European cannabis bazaar to anatomy the BitCanna Alliance. The Alliance is alive to actualize a advantageous and cellophane cannabis bazaar by accepting and tracking agenda affairs and implementing accumulation alternation and chump management.
Contact Email Address
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Supporting Link
https://www.bitcanna.io
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