Montage Legal Group Alumni, Julie Hamill, published an article in Culture Magazine titled “Cryptic Coinage.” The article examines cryptocurrency as a potential solution to the banking crisis in the cannabis industry. It discusses SEC and IRS treatment of cryptocurrency, the risks involved in using and investing in cryptocurrency, and concludes that cryptocurrency, for now, is too risky and volatile to be a viable banking solution.
For a cryptocurrency to be viable, it must be wildly accepted and used by nearly all players in the business network. In the cannabis space that includes customers, retailers, cultivators, manufacturers, landlords, attorneys, doctors and taxing agencies.
Congrats on the great article, Julie! To read more, please see: Cryptic Coinage.
Julie Hamill is a fearless advocate for businesses and organizations striving to master government processes, avoid litigation, and ultimately foster an environment that allows them to grow freely. Her experience working for federal and local governments and agencies has provided Julie with a unique perspective and an ability to foster cooperative relationships with city, county and other public agency staff. Julie frequently appears before commissions and councils to achieve the best results for her clients. Please email Julie Hamill (firstname.lastname@example.org) with questions.