Article by Christopher Teague, Herb
Rapper The Game threw his hat in the cannabis ring last year. He became the first celebrity to co-own a dispensary, The Reserve in Santa Ana. But he hasn’t stopped there. His personal brand, Trees by Game, is sold in California now, and yet he continues to grow into the industry.
The newest cannabis revolution
Combining two of the world’s biggest revolutions, cannabis and Bitcoin, a game changer is coming. The Game partnered with Paragon Coin in a soon to be unveiled ICO.
ICO’s, or Initial Coin Offerings, is a new fundraising machine built on blockchain technology. People buy the digital currency to spend on products or services of a business, or as an investment similar to stock.
Business Insider says that in 2017 alone, ICO’s raised $1.86 billion dollars to date for companies. Bitcoin technology itself goes even further, with some nations looking at national cryptocurrency solutions, including China.
Cannabis and Bitcoin are already fast friends, with more dispensaries letting people use cryptocurrency to buy their weed securely. More traditional crypto coins dedicated to pot are seeing increased attention as well. One company even lets growers register new strains using unique Bitcoin identifiers.
The Game and Paragon remain tight lipped about Paragon coin at the moment. The company website only boasts a mailing list signup and zero information.