Cannabis and crypto go a long way. They share the same “high” and miseries.
Still a taboo in many countries, the U.S. Cannabis industry sees cryptocurrency as its saving grace after being declined by the traditional banking sector. Being ignored by banks is just one of the many gnawing hurdles that the weed industry is facing today.
Even though cannabis use has been legalized for both recreational and medical or therapeutic use, it is still considered illegal under most laws. In fact, the pressing regulatory issues have caused many financial institutions to snub or leave out any transactions involving cannabis and the like.
Fantasy Network is a shell company traded on the Tel Aviv Stock Exchange (TASE: FNTS). On Monday the company announced drastic changes to its leadership, ending all the plans it previously had to enter the blockchain space. The company’s CEO quit last week after FNTS attempt to merge with A2Z Blockchain Technologies failed. 
Publicly-traded holding company Singlepoint (OTC:SING) has announced the soft launch of its Singleseed bitcoin payment solution. A subsidiary of Singlepoint, Singleseed is a B2B provider of cannabis-based technology services, including payments, marketing, and web development. Singlepoint elaborated: 
