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Why Young Investors are Increasingly Investing in Crypto and Cannabis

Cannabis and cryptocurrencies appear to share many things in common. Both industries face several challenges from political, regulatory, and financial issues. Their bases appear to overlap as both industries are popular among younger generations. Besides such shared traits, cannabis and cryptocurrencies operate on complementary business models, which promote each other as adoption in the two industries grows. 

Cryptocurrencies have demonstrated to provide a viable alternative to people unwilling or unable to secure traditional banking accounts. Marijuana relies on cryptos to act as its transaction medium and a store of value, which is easier to handle and more secure than physical cash. The cryptocurrency industry gets a ready-made group of cannabis users who use cryptos to handle marijuana transactions.