chart courtesy -worldcoinindex.com
HempCoin also came into existence in 2014, although its focus is less on individuals using it to buy weed. Instead, this cryptocurrency was designed for use by the farming industry and medical/recreational dispensaries. HempCoin’s website claims it can be used to “facilitate transactions between marijuana farmers and the local dispensary shops” as well as purchasing gear and tools used to farm marijuana.
CannaCoin runs on a decentralized blockchain using Peer2Peer tech. The currency was developed in 2014 but transitioned to proof-of-stake at block 370,000. CannaCoin, as described by its founders, is a “group of cannabis enthusiasts working towards the future development of cryptocurrency applications related to cannabis production, seed production, extract production, glass blowing facilities, vape and dab station manufacturing, crypto development, and more.”
CannabisCoin was also developed in 2014, just a few months after PotCoin. It is a proof-of-work, peer-to-peer open-source currency and, like Potcoin, was aimed at easing transactions for medical marijuana dispensaries. While it initially gained popularity, it has failed to deliver for investors.
The fight to legalize pot is gaining ground. As of April 2021, medical marijuana is legal in 35 states and D.C., while 16 states and D.C. have legalized recreational usage. These numbers are expected to grow as more states explore ways to decriminalize the plant. Keep in mind, though, that marijuana is still illegal at the federal level, which makes it complicated for anyone conducting financial transactions even in states where pot is legal.
Businesses and operators selling and/or distributing recreational and medical pot are still barred from using banks for their transactions because of federal legislation. The development and use of marijuana-specific virtual currencies have ramped up in order to fill the hole in this market. Cryptocurrencies make it easy for people in the marijuana industry—or simply those who want to buy some weed—to carry out transactions. While bitcoin has become widely popular in the virtual currency space, there are a few alternative cryptocurrencies catering specifically to the pot sector. Read on to find out more about the top five cryptocurrencies on the market.
It’s interesting to note that HempCoin is used in all areas of agriculture, not limited to ones involving weed. As of November 2020, the price for one HempCoin was The supply of PotCoin is limited with, you guessed it, 420 million coins. More than 224 million are in circulation. It trades on three markets and also transitioned to proof-of-stake, which allows people to mine or validate block transactions according to the number of coins they hold. An important caveat is that PotCoin claims transaction speeds of 40 seconds, which are pretty impressive compared to those of bitcoin..004770, and its market cap was $1.24 million.
The original home of the Sativa seems to have been lush and humid forests. The humid climates have shaped the evolution of the Sativa with correspondingly thinner, long stems and longer, narrow leaves, allowing for better breathing and oxygen uptake in such regions. These include Africa, Central America, South East Asia and the western parts of Asia. Sativas are known for their "head-high", invigorating and energizing effects that can help reduce anxiety or stress and increase creativity and concentration.
Of course you can buy all three genera at Linda-Seeds, far more than 2000 different varieties are available. By using our selection search mask, you can buy cannabis seeds specifically and identify the seeds that best match both your preferred growing conditions and your desired effect.
If you order regular seeds, you will usually get about 50% male and 50% female plants, which corresponds to the natural genetics of the plants.
We guarantee that you will only receive female plants that produce wonderfully resinous buds and match all your expectations.
Buy feminized cannabis seeds from Linda Seeds!
Even novices will be able to harvest beautiful weed-buds with autoflowering weed seeds.
Cannabis plants can basically be divided into 2 genera. These are described as Cannabis Indica and Cannabis Sativa. For the sake of completeness, it should be mentioned that there is also the Cannabis Ruderalis, although it is still disputed among botanists whether this is really an independent subspecies of the genus cannabis.