- Say Hello to Cannumo
Just now·5 min read
Despite cannabis enjoying a moment in the sun as lawmakers worldwide finally rethink its legal status, creating a truly efficient and modern cannabis industry is still challenging.
In countries where cannabis laws have shifted to favor legality, banks and payment gateways are still unsure about the nascent industry, making it nearly impossible to start a cannabis business.
Moreover, the sheer amount of restrictions and legal red tape around the cannabis industry means that only wealthy individuals, companies, and funds have afforded participation.
Cannumo, a globe-spanning cannabis ecosystem built on blockchain, is democratizing the cannabis industry by providing a savvy suite of powerful tools for the next generation of entrepreneurs.
The why is simple: everyone should have equal opportunity to join the booming cannabis market.
By leveraging crypto’s unstoppable technology with our team’s deep experience in digital commerce, cannabis marketing, and software development, Cannumo is ready to take cannabis to new heights with a three-pronged product approach.
At the core of the Cannumo vision is the belief that anyone wanting to invest in cannabis businesses and opportunities should easily do so.
On the flip side of the equation, cannabis growers often need a diversified investor base to back their ventures. However, a lack of sophisticated means for linking growers with retail investors has meant that the former are often put under the thumb of large venture capitalists.
Cannumo GrowFunding is a platform for crowdfunding investments toward cannabis growing opportunities. The GrowFunding model continues the innovation begun by Kickstarter and Real estate crowdfunding platforms by adapting the crowdsale model to create a perfect market fit.
The GrowFunding platform does due diligence on cannabis projects before listing and making them available for investment, which guarantees a project’s robustness. Anyone can invest in GrowFunding-listed projects. However, as Cannumo builds the program out, the first GrowFunding opportunities are Switzerland-based.
Just like medicinal CBD, Cannumo’s version of CBD helps you in more ways than one. However, unlike cannabidiol, Cannumo CBD stands for Cannabis Business Dropshipping.
We’ve borne witness to the exclusive, overly complex, and restricted avenues available to would-be cannabis product merchants. The sad fact is if you want to become a cannabis product seller, you have to go it alone, something that is often impossible due to regulations and licensing.
That’s why we built Cannumo CBD. Using CBD, you can quickly become a Cannumo product merchant. Everything from seed to sale is handled by Cannumo on the backend, including regulations and licensing. All you need to do is choose your Cannumo white-label products, put your own label, then load them onto your platform (Shopify, Opencart, WooCommerce or any other) using the Cannumo sales plugin.
In effect, the only aspect of the process you need to handle is building your online brand identity and market. Cannumo CBD handles everything else, including product warehousing, inventory, and shipping.
The discrimination faced by cannabis businesspeople from banks and payment gateways is an open secret. While the financial world largely shuns cannabis industry participants, those who do work within the market charge extortionate up to 10% per transaction — simply because they have the market cornered.
Cannumo Wallet is the first cannabis industry financial ecosystem of its kind designed to create a payment network that is fast, secure, and nearly free to use.
The way it works is simple — the Cannumo Wallet is an app you can take anywhere. Within the Cannumo Wallet app, you can send and receive transactions using CANU tokens, a cryptocurrency explicitly built for the Cannumo ecosystem.
When being paid in CANU tokens, there are zero geographic restrictions, making it possible for anyone, anywhere, to pay you for cannabis products. Thanks to the Cannumo Wallet, cannabis product payments are now an unstoppable public good accessible by anyone with a smartphone and internet connection. Cannumo Wallet doesn’t compromise on Proof of Funds, as it will have a built-in feature to have robust AML/KYC procedures for proof of funds for users of Wallet to have this as an option.
Cannumo is launching an exciting cannabis NFT platform alongside a liquidity mining program for CANU tokens in a nod to both the future of finance and digital ownership.
- Cannumo NFT enables cannabis artists to have a platform for minting, owning, and trading NFTs. Cannumo NFT also gives brands the flexible tools needed to create special NFT rewards for subscribers, giveaways, and loyal customers.
Liquidity mining rewards go to LPs depositing crypto assets in exchange pools paired with CANU tokens on PancakeSwap and Uniswap.
Token launch is set to move forward across several of the cryptocurrency industry’s most trusted and hyped platforms.
We have asked some artists to create a few examples of possible CANNUMO NFT mint ideas
- Date of publication:
- Thu, 04/08/2021 - 09:41
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