Thursday, May 2, 2019

Bitcoin to Cannabis: Chinese Crypto Investor Pivots to Chase Higher Yields

By CCN.com: The widespread adoption of blockchain is taking longer than expected. The slow recovery pace of the cryptocurrency industry is forcing blockchain investors to look for alternative sources of revenue to keep their business afloat. Some blockchain investors are now turning to cannabis to diversify their revenue stream. Tough times call for greener solutions Hong-Kong listed blockchain investor, Grandshores Technology, is diversifying its investment portfolio to include cannabis with a 40 percent investment in Hangzhou Yupu Trading. The demand for cannabis is likely to increase shortly as more countries legalize the medicinal and recreational use of cannabis. Among its

The post Bitcoin to Cannabis: Chinese Crypto Investor Pivots to Chase Higher Yields appeared first on CCN



source https://www.ccn.com/bitcoin-cannabis-chinese-blockchain-investor-pivot

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