The latest bill in the state of South Carolina would legalize cannabis oil, and experts say it could also open up opportunities for blockchain-powered products.
The measure’s introduction marks a major step forward as legislators take steps to regulate marijuana use.
“I think what this does is give legitimacy and trustworthiness,” said Robert McVay, CEO at Cannabis Revenue Company about cryptocurrencies like Bitcoin that can be used to purchase goods and services related to cannabis cultivation or consumption. “As long as you’re not getting ripped off.”
However, others warn that there are still challenges ahead due to legal restrictions on how bitcoin transactions work over U.S.-based banks..
Topic: Arizona State Legislature takes first steps towards legalizing recreational pot use
The “infrastructure bill 2021” is a bill that will tax and regulate marijuana. The bill has been introduced in the Massachusetts House of Representatives, but it’s still unclear what will happen to the bill.
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The “latest legalization news 2021” is a bill that could greatly impact the marijuana industry. The bill, which has been introduced in the House of Representatives, would allow states to set up their own cannabis infrastructure without federal interference.
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