Cannumo

A THREE-PRONGED SOLUTION FOR AN ASPIRING CANNABIS ENTREPRENEUR

Cannumo emerges as a solution for people to participate in an ever growing cannabis industry. Thus, it consists of a three-pronged approach towards the necessity in occupying a fair share of a cannabis market and distributing said share to its customer base.

This approach includes 3 applications designed to offer and enroll CBD (cannabidiol) products, produced by Cannumo itself, into the market. Cannumo owns a set of state of the art growing containers, based in Switzerland, which will yield four harvests every single year.

1ST APPROACH - CANNUMO GROWFUNDING

Any person who’s interested in the potential of investing into cannabis growing, may partake in the Cannumo Growfunding. Growfunding is a type of crowdfunding, where anyone with basic knowledge can invest in the process of growing cannabis in Switzerland, and depending on the results of current cannabis yield, gain a corresponding interest rate.

This approach bypasses the necessity of big venture capital businesses as well as various rich entities. Anyone with any amount of wealth can become an investor, and the security of every investment is protected by Cannumo team’s experience and its major partners’ robust reputations. That’s why only thoroughly analysed and verified projects shall be presented on the platform.

2ND APPROACH – CANNUMO CBD (CANNABIS BUSINESS DROPSHIPPING)

This approach is designed for those who opt to become merchants of cannabis products produced by Cannumo. Without any requirements for sophisticated equipment, anyone can become a CBD product seller. By acquiring Cannumo’s white-label products, a future merchant installs our plugin into an e-commerce website of his choice, selects his favourite CBD strain, and selects a specific CBD product.

Once the desired amount of product is designated, the process from packaging to shipping, as well as regulation and licencing is entirely done by Cannumo’s team. The only obstacle for a would-be-merchant left is to visualise the value, adopt the strategy for labelling your brand, and finally commence the sales.

3RD APPROACH – CANNUMO WALLET

Most of the third party payment gateway providers shy away from accepting payments from cannabis sellers to this day. If a business somehow manages to integrate a provider, that business is deemed as a “risk group” and the fees for every transaction reaches up to a 10% margin. A Wallet is a type of software solution, which acts as an alternative to such known issues. While carrying this application, you won’t stumble upon a third party payment gateway.

Contrarily, Cannumo Wallet lets you sell CBD products in a more lenient way. You may employ our CANU token, which will help you avoid big commission rates, and herein the fees shall be maintained at their lowest in the e-commerce market. Therefore, the Wallet application offers a payment gateway solution for everyone in a growing cannabis industry.

POLITICAL CHALLENGE

Different countries have different laws on how to deal with the cannabis industry. There isn’t a common legal consensus amongst varying countries in Europe. Some countries, such as Denmark, The Netherlands, Malta, Greece, Portugal, Cyprus, Spain, welcome production of cannabis in medical sectors. Another issue separating European legal systems are THC (tetrahydrocannabinol) potency of the cannabis strains, for example, most countries in European Union allow only 0.2% potency, whereas, say, Switzerland allows an even 1%.

Most of the changes cannabis industry hopes to observe in the near future stems from how particular governments will attune their legislation, and it has already shown that the future is firmly in the cannabis producers hands, since even European Court of Justice has ruled that CBD should not be considered a narcotic. Therefore, the principle of free movement of goods within the union applies to legally produced CBD products.

SOCIOCULTURAL CHALLENGE

There still exists a lingering stigma that views cannabis as a somewhat damaging element in a sociocultural climate. The main reason for this, of course, is that cannabis was illegal for so long. So, overcoming this barrier mainly depends on time as well. Improving public perception in this regard relies on seizing upon media opportunities in a timely fashion and elevating the voices of know-how people in academic as well as mainstream areas.

Educating the public view on the value of legal cannabis remains the main tactic in ensuring cannabis industry unimpeded growth. Also, the use of cannabis becomes more and more apparent in healthcare institutions, consequently providing and elevating the much needed confidence in the utility of medical cannabis.

ECONOMICAL CHALLENGE

An almost mandatory mission for business ventures in the cannabis industry should be to undercut illicit markets. While the legal barriers remain, the unlawful cannabis industries flourish. These industries mostly cultivate a less-than-acceptable product that threatens the health and security of the public, while undermining the legal cannabis market. The unregulated products born from illicit markets displace the image of an entire cannabis industry.

Another feature of an economical challenge to overcome is the discrimination of cannabis by financial institutions. A large number of banks are reluctant to work with entities involved in the sale of cannabis. Thus, looking for and creating new ways, such as cryptocurrency investments, is the worthwhile direction for businesses to take. Check the following graph to see the market emergence of secondary cannabis product types (oil and tinctures) with each passing year and further beyond. U.S. legal marijuana market size, by product type, 2016 - 2027 (USD Billion)