Cannabium: The marriage of cannabis and cryptocurrency we’ve been waiting for
Cannabis meets cryptocurrency. Never expected to read that sentence, did you? But Cannabium is creating a lucrative opportunity at the intersection of these two rapidly growing markets.
Cannabium sets itself apart from other cryptocurrency ventures by backing a token with a tangible product: the valuable, medicinal cannabis extract CBD. Remember how the value of paper currency used to be guaranteed by gold reserves? Well, Cannabium has taken the torch, following the same principle with CBD and cryptocurrency instead of gold and paper money.
And what benefits does this provide to Cannabium investors? Firstly, backing Cannabium with a real-world product in high demand makes the token far less volatile than the rest of the cryptocurrency market still maturing through growing pains. Secondly, this allows Cannabium holders to cash in on the real value of the cannabis “green revolution” — a booming market that’s growing by some 20% annually.
Funds raised through the distribution of Cannabium are invested in ONE Colombia, a cannabis grower and Cannabium’s CBD producer. The products from ONE Colombia are sold around the world and up to 20% of its profits are shared with Cannabium token holders. The potential for solid returns is supported by backing Cannabium with more than twice the amount of CBD available for the same cost at wholesale prices. Think of Cannabium as an investment in and a vote for better access to the medicinal benefits of cannabis in general and CBD specifically.
Once you have your Cannabium tokens, you can cash out by trading them, redeeming them for cash settlements in Ether or the non-crypto currency of your choice, or you can hold on to them for as long as 5 years, during which you will get an annual piece of ONE Colombia’s profits.
With the tide of public opinion around the world shifting in favor of cannabis legalization (for medicinal purposes at the very least), it’s time the industry gets to benefit from the wonders of blockchain cryptocurrency. It’s also time you get to benefit from a new type of token — one with real value that can’t be taken away.
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