The decentralization movement within the cannabis community is taking shape. Marshall Hayner and Mikko Ohtamaa created Trees to be the first medical cannabis app to accept online payments. The app allows clients with the option of purchasing with bitcoin on the website, a feature that was once thought impossible due to the failure of centralized banks to cooperate with dispensaries. Trees is now planning on expanding their delivery service to employ a fleet of drones.
Hayner recently told the Coin Telegraph, “The industry as a whole has been stagnated by lack of innovation and greed. Bitcoin is a light in a dark tunnel for the cannabis industry. The message is ‘now you can be your own bank.’ To the thousands of dispensary operators that have been utterly destroyed by banking and merchant processing partners, this is a new era of opportunity. I do believe in 5-10 years banks will come around to legal cannabis, but by that time bitcoin or another form of digital currency will most likely be the new de-facto US dollar.”
Hayner is devising ways to legally distribute medical cannabis using drone technology. “I concocted this idea four years ago and pitched it to one of our main competitors. I took a look at the cannabis industry and said, ‘We can do a lot better…’ We are currently working on drone logistics and as soon as the FAA passes the appropriate legislation we will have fleets in every state,” explains Hayner.
Literally everything on Trees can be purchased with bitcoin. Text TREES to the phone number and an operator walks the user through the process. Hayner contends, “The model that Trees is building is for complete decentralization and disruption of the cost-heavy, high-overhead current dispensary model.”