IRS: Digital currencies are top enforcement priority
An IRS Commissioner has made it clear that companies in the cannabis industry that use digital currencies must pay taxes as they are considered commodities.
Latest cannabis News
Canada cannabis blockchain pilot hailed ‘future of medical cannabis’
The blockchain pilot is being trialed by Shoppers Drug Mart, part of a chain of around 1,300 pharmacies across Canada.
After SEC trouble, ParagonCoin to sell cannabis co-working space
After failing to attract the business it had hoped for, ParagonCoin has no choice but to ditch its offices.
Canada Cannabis trade to be tracked by blockchain
With Canada legalizing cannabis, DMG Blockchain Solutions said it was creating a blockchain-based supply chain management platform for the industry.
For British Columbia’s consideration: IBM proposes putting Marijuana on a blockchain
The blockchain may just be the perfect ally in Canada’s move towards responsible cannabis use.