Here’s Why You Should (And Shouldn’t) Transact in Cryptocurrencies

Bitcoin, Etherium or DogeCoin!You can't go anywhere anymore without hearing about cryptocurrencies. Add to that the lack of safe banking for marijuana companies and the risk of so many cash transactions, and you may be curious if cryptocurrencies are an option for your cannabis business.Well, this week Chip talks all about cryptocurrencies and what you, the cannabis entrepreneur, should know about them.If you’ve thought about it, you'll learn some things maybe you didn’t know. And if you’ve said something along the lines of “I’ll never” you should still check out this episode because there also may be some things you didn’t know.We’ll talk about the pros and cons, as well as the regulatory considerations if you're planning to take a virtual currency as payment, regardless of your vertical.Plus, we'll have our "News of The Day" segment.Want to learn even more than we have time for in this episode (plus, how to protect yourself from crypto scammers)? Just send an e-mail to [email protected] and we'll set up a time to talk. What to listen to next:Episode 10 - The 5 Things You Absolutely Must Do Before You Even Think About Selling Your CompanyEpisode 22 - How Being Like The Swiss Can Make Your Cannabis Business More ValuableConnect with The Business of Kush:Click here to Sign up to get e-mails from Chip Follow The Business of Kush on Instagram for bonus content and tips to grow your cannabis business, and join our community on Facebook. And, if you're enjoying this podcast, please use this link to leave a review on Apple Podcasts. This podcast is for the cannabis community, and each review increases to possibility that this podcast can be seen by people in our community. Disclaimer: This podcast and related materials are designed only to provide general information regarding the subject matter discussed during the podcast episodes. The statutes, authorities, and other laws cited in this podcast are subject to change. This podcast and related materials are not intended to provide tax, accounting, legal, or other professional advice to any specific person or entity. Any advice or opinion regarding the application of the subject matter for a specific person or entity should be provided by a competent professional advisor based on an application of the appropriate law and authorities to the facts and circumstances applicable to that person or entity. Transacting in cryptocurrencies involves risk, which you should fully consider.