Investing in cannabis in any way has been cash based for a long time, mainly due to regulations etc. Though the legalization of cannabis and CBD products is on the rise, investing in it can still be difficult using the traditional banking system. The rise of cryptocurrency use is changing how anyone can invest in the cannabis industry now. It is good news!
Growing and selling of marijuana is legal in 31 US States and for the most part in these countries: Netherlands, Spain, North Korea, Uruguay, Peru, Jamaica, Canada, Portugal, Australia, Switzerland, Argentina, Cambodia, Costa Rica, Czech Republic, Ecuador, Estonia, Italy, Estonia, Mexico, Israel, and Germany.
In the US however, banks tend to take their cues from Federal Government, which means they won’t let you buy and sell weed. When it comes to worldwide trade, well, there’s a currency issue there too.
The Cryptocurrency Solution
Most know cryptocurrency by the word Bitcoin, but cryptocurrency has many currencies available with Ethereum becoming as popular as Bitcoin. Cryptocurrency is a digital form of currency that features no central location or institution, such as a bank. Security is kept extremely tight through complex cryptography. Aside from being a hot investment, cryptocurrency has also been touted as a solution to the cannabis industry’s “cash only” headaches.
The cannabis industry is definitely on the rise to one of the hotbeds to making money, and a lot of it, all it needed was the “banking” solution. Though it’s not as easy as calling in to activate your debit card, it can be easily done with this easy step by step guide:
While there are opportunities in the cannabis industry in many forms, some may be more labor intensive and riskier than others. As a single mom or dad or anyone for that matter you probably don’t want to be showing up somewhere with a bunch of cash on you doing business with people you don’t know. As well, you may not want to leave your day job and jump in full time without a solid income stream for months on end.
You’ve probably heard of greenhouse grows or people growing and selling and the idea sounds great. But there’s a lot of things that need to go into that, starting with where you are going to do it, if you have a green thumb and the list goes on.
What if you could invest in a greenhouse grow, get informed about what was going on with it along the way, typically a 4 month process, and make a profit over and over again every four months?
Sounds too good to be true, right? Before you write it off check this out…
Cannabis Greenhouse Grows
It’s a potential opportunity unlike any other in history; the chance to invest first in the completely new multi-billion-dollar cannabis market. KKOG’s dream team targets small and mid-size growers with significant growth potential and directs their strategies towards profitability. The fundamentals are clear — If you haven’t considered an entry point into this market yet — the window of opportunity is here. You should check it out. In fact this calculator might interest you when it comes to how you could invest as little as $300 and end up making $50K!
Check this KKOG helpful calculator if you want to see what your investment could do. *This round of our ICO will close on October 31, 2018. The price is .85 and it will go up for the last round from there. Don’t wait. No one got to where they wanted to be by waiting!
Keep in mind, never, never, never invest anything you don’t want to lose. But also remember a famous Steve Jobs quote:
Remembering that you are going to die is the best way I know to avoid the trap of thinking you have something to lose. You are already naked. There is no reason not to follow your heart. ~Steve Jobs