Facing federal hostility, cannabis merchants eye bitcoin

Cannabis merchants and payment processors face hurtles on the road to legitimacy due to regulatory challenges and uncertainties posed by a new presidential administration. U.S. Attorney General Jeff Sessions voiced his opposition to the Rohrabacher-Farr amendment in a May 1, 2017, letter to Congress. Enacted in 2014 as part of a larger budgetary bill, the amendment protects state-sanctioned medical marijuana dispensaries from being prosecuted by the Department of Justice, a grave mistake according to Sessions.