CannerGrow is a company that provides plant-growing services for the cannabis industry, since they own plants in multiple locations around the world. This company offers digital representations of their plants while they grow, aiming to offer good returns on each harvest.
What is CannerGrow?
The hemp industry is still steadily growing, ever since the passing of the Farm Bill at the end of last year. There are many companies that were already in existence, though there are even more entrepreneurs that are working to enter the space. The process to get involved is lengthy, requiring new businesses to secure relationships with farmers to even get a product in the first place. CannerGrow is using this need and creating their whole business from it.
CannerGrow was developed as a project of Cannerald, a Switzerland-based medical cannabis research and production company, after it was registered in July last year. The project combines the professional cultivation of hemp with a web interface for customers. However, their brand isn’t marketed to consumers; it is for companies. CannerGrow already has planted internationally and locally, while following the regulations and laws imposed by different countries.
It should come as no surprise that the cannabis industry is growing, and the pace keeps increasing as more states create legalization law. While the United States appears to have been a trendsetter, but Uruguay was actually one of the first countries to fully legalize the substance. Though there are many people wanting to enter the industry, strict regulations tend to be a major roadblock, as well as the major financial risk and the lack of knowledge about the product itself.
The CannerGrow Plant Sale
As a way to bring more people into the market, CannerGrow has decided to launch a plant sale. Their facilities allow for the production of premium quality cannabis, due to their locations and the conditions that their plants are grown in. The company has decided, in lieu of this success, they will be selling digital representations of their plant.
The services offered include growing plants that will be harvested one time every two to three months, and the investor ultimately has control over the harvest. The cost to run production and cultivation will be subtracted from the harvest, divided in half equally between the company and the customers.
Choose from the following purchases:
- 1 Plant = 25g of CBD per grow
- 10 Plants = 250g of CBD per grow
- 25 Plants = 625g of CBD per grow
- 100 Plants = 2.5kg of CBD per grow
Every gram of CBD is expected to be worth 2 Euros. For example, the one-plant purchase would bring in 25mg, making the investor 50 euros. However, 100 plants would bring in 2.5kg CBD, so the expected value would be 5,000 euros instead.
Investors should also keep in mind that the amount harvested would also depend on several variables, like the watering, the strain being grown, the fertilizer used, and other factors.
The company is careful to state,
“We don’t guarantee a stable selling provider for your harvested CBD.”
Earning Compensation with CannerGrow
As well as the plant sale, investors are given a chance to earn other profits by referring their products to others through a unilevel compensation plan. For the first five levels, the user gets 10% of the profits of their partners, secured through referrals.
There is also a Residual Income Bonus, which adds a 10% bonus from CannerGrow, for the first five levels.
Even though the website is rich with helpful information, consumers may find themselves with other questions. The customer service team can be reached by filling out the online form on the contact page, found at cannerald.com/contact.
For consumers that want to join the work of CannerGrow as an employee, rather than an investor, send an email to email@example.com.
CannerGrow offers a unique opportunity to get involved in the cannabis industry, growing the plants, and doing all the work for entrepreneurs. It is unclear how much of the work that investors will need to do to build up their own business. However, the details on the website allow consumers to understand their processes and even get a bonus from referring others.