IMHO I see all the MJ based coins taking a hit for 2 reasons.
1. In the USA, I see AG Sessions cracking down hard on States with legal rec MJ, effectively ending legal rec MJ. I also see the US Congress making medical MJ legit opening up the market to banking system. So, there won't be a need for alt banking options.
This could be the case. AG Sessions has been looking at enforcing federal law. There could be an introduction of traditional banks into the system this is true. Crypto though does provide benefits.
Agreed. Canada will make MJ legal. I don't believe they can. Good point.
Of course, people might just want to use crypto for its advantages. But you'd think they'd accept Bitcoin over any MJ based coin.
I do think there will be a coin that designed around the needs of the MJ industry. I don't think Bitcoin has all the answers for this. Good points though.