GreenMed

GreenMed

Created using Figma
Created using Figma
GreenMed lets legal marijuana dispensaries accept debit or credit card payments via the use of cutting edge electronic payment processing technology in conjunction with the Ethereum blockchain.
Sep 4, 2017
Oct 30, 2017
100% completed
Raised funds - no Data
1.3 K
past
Token Details
Ticker
GRMD

About GreenMed

The GreenMed token


The GreenMed token facilitates debit and credit card transactions between customers and dispensaries. When customers attempt to purchase legal marijuana through the GreenMed app they will be asked to input either their credit card information or their banking information. Customers will then need to authorize a transaction for an amount of GreenMed tokens equal to the current USD value of legal marijuana they are trying to purchase. The GreenMed token is then sold on exchanges for USD, which is then transferred to the merchant’s GreenMed account. The merchant can withdraw via an EFT to a bank account or using the GreenMed debit card. 



Market size


As of January 2017 there was nearly 3000 legal marijuana dispensaries in the US. This growing market, as well as the states that will legalize in the near future, will set the stage for impressive growth over the next five years. By 2021, it is projected that annual retail marijuana sales in the United States could top $17 billion, which would represent a 300% increase from 2016. This constitutes a significant market with a tremendous potential for growth considering that there is no credit card processor for the legal marijuana industry.

Activity

Activity:
260
HIGH
Posts:
290
MEDIUM
Views:
12 329
VERY HIGH
Activity:
260
HIGH
Merit:
250
HIGH
Posts:
290
MEDIUM
Views:
12 329
VERY HIGH
Users:
117
MEDIUM
Alexa
Rank:
347 535
MEDIUM
Delta:
-127 618
Year commits:
2
Watchers:
2
Stars:
1
Forks:
1
Open issues:
0
$ 0.0568
Coin Stats
Daily, %:
Weekly, %:
Monthly, %:
298.31%
Market Info
Market Cap:
$ 697.966 K
Volume 24h:
$ 575.07
Circ. Supply:
12.288 M GRMD
Ticker:
GRMD
N/A
5.0 0
ICO Profile Vision Activity Potential Product Team
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