Opportunities for FinTechs in the Global Cannabis Retail Industry

On November 8, 2016, Americans went to the polls to elect their new president. However, in nine states, there was an equally significant issue on the ballot, which was the legalization of marijuana. Voters in Arizona, California, Maine, Massachusetts, and Nevada were to decide on the legalization of the recreational use of the substance while Arkansas, Florida, Montana, and North Dakota were deciding on it being legalized for medical use.

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