Cannabis Crypto Coins: What They Are & The Top Tokens To Watch

It’s no secret that the United States cannabis industry is massive. As of 2025, it’s valued at approximately $45.35 billion.

The scary part? A whopping 70% of cannabis businesses in the United States operate solely on cash. All that physical money can bring on some intense risks.

Despite federal government restrictions and hurdles, there’s still a safe, unique payment solution that modern-day stoners should definitely tap into: cannabis crypto.

These benefits go beyond the average consumer and even extend to businesses themselves. Here’s everything you need to know about this specialized digital currency and the top cannabis coins worth watching.

Cannabis crypto coins are cryptocurrency tokens that facilitate transactions in the cannabis industry. They operate on decentralized blockchain networks that don’t involve traditional banking systems and the federal government’s legal hurdles.

It all works on secure, transparent blockchains while making cannabis transactions easy between customers and cannabis businesses. The real benefit of cannabis crypto is how it solves one of the biggest problems in the United States cannabis industry: access to banking and payment processing.

Due to marijuana’s federal classification as a Schedule I substance, many banks (federal establishments) can’t provide services to cannabis businesses that operate on a state level.

The result? A cash-based industry. Instead, cannabis crypto offers a unique, legal alternative. Here’s how it works:

Reducing Cash: Cryptocurrency payments are all on the blockchain, meaning there’s no need to handle or store cash.

Banking Alternative: Blockchain technology lets cannabis businesses store funds and process transactions without the need for federal banks.

Cross-Border Transactions: This one is huge for businesses operating in multiple states or countries, as cryptocurrencies can facilitate transactions in different jurisdictions.

If you plan on using crypto as a payment method to purchase cannabis, you’ll likely be able to pay with coins that aren’t cannabis related. Popular cryptocurrencies like Bitcoin and Ethereum are usually accepted.

Before we dive into the best cannabis crypto coins of 2025, keep these keys to success in mind:

Use Reputable Platforms: I personally love Wealthsimple. It’s easy, fast, and lets you track everything in real-time. Always opt for a reputable platform where you can easily access all the information you might need.

Remember Your Password: Don’t be like Michael, who lost access to his $3 million worth of BTC after forgetting his password.

Without further ado, here are the top cannabis coins to watch in 2025 for marijuana enthusiasts and beyond:

PotCoin was one of the first cannabis-focused cryptocurrencies. It launched in Montreal, Canada, in 2014, just after Washington and Colorado’s legalization of recreational weed.

Key Features:

• Designed specifically for the cannabis industry
• Faster transaction times than Bitcoin
• Was used to pay for Dennis Rodman’s sponsored visit to North Korea
• Market supply capped at 420 million coins (cough cough)
• Aims to be the standard for cannabis crypto

The Tokes Platform is a bit more refined and sophisticated for cannabis cypto. Instead, it offers more than just a digital currency.

Key Features:

• Built on the Waves blockchain platform
• Different merchant solutions beyond basic payments
• Supply chain management tools
• Helps businesses manage inventory and compliance

Don’t come at me—HempCoin is still very much part of the cannabis crypto world. While it also taps into the broader agricultural industry, it’s rooted in cannabis.

Key Features:

• Originally created for farmers and marijuana dispensaries
• One of the earlier cannabis coins (launched in 2014)
• Aims to facilitate transactions between cultivators and retailers
• Expanded focus beyond just cannabis to agriculture and tobacco

CannabisCoin is pretty unique. It was made with a specific conversion concept in mind: 1 CANN crypto = 1 gram of pharmaceutical-grade cannabis.

Key Features:

• Created by medical professionals
• Directly convertible to physical products through partner dispensaries
• Aims to standardize pricing in the medical marijuana sector
• Provides price stability for patients

With a name like that, its intentions are clear. DopeCoin is all about the dope recreational market.

Key Features:

• Proof-of-stake algorithm that requires less energy than Bitcoin
• Faster block transactions than many other cryptocurrencies
• Community focus on weed lovers
• Developing a “Grow Network” to connect users

Cannabis consumers and businesses could both benefit from the easy transactions of crypto as a payment method for marijuana. As of 2025, the plant is still illegal at a federal level, meaning banks face restrictions that prohibit them from offering services to state-level marijuana dispensaries.

Enter cryptocurrency, the new way to pay for weed. For businesses, they can tap into even more benefits that go beyond easy transactions. From managing inventory to overseeing compliance, cannabis crypto coins are an impressive solution for the modern-day industry.