Whoops, using crypto and cannabis don’t mix after all

Life comes at you fast. A couple of months ago I wrote how Smoakland was testing a loophole to sell cannabis by credit card. The test failed, apparently.
“Upon further review, it has come to our attention that the way the process was described in the article could potentially be seen as bank fraud. As a result, our process partner has terminated our relationship,” said Smoakland’s director of marketing and e-commerce Jeff Dillon, in an email to TechCruch.
It seems as if Smoakland isn’t the first vendor who’s gotten bitten by this.
Posabit is a specialized point-of

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