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The Global Cannabis -- 1st Online Cannabis Network To Hit Market


News provided by

Global Cannabis Network

Oct 16, 2018, 07:30 ET

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Blockchain Company Lights Up Cannabis Industry with Digital Asset Trading Platform

GEORGE TOWN, Cayman Islands, Oct. 16, 2018 /PRNewswire/ -- As the legal marijuana industry continues to professionalize and legalize, the cannabis industry is projected to grow 220% globally in 2019 alone. Backed by the blockchain technology, the Global Cannabis Network is poised to become the first online cannabis network to seize the new market and open up multi-billion-dollar marijuana industry to the world.

Global Cannabis issued a shared statement, reinforcing their belief in this industry, "Cannabis is fast changing the way we live, learn and evolve. Businesses across the world, from growers and retailers to the tech and tourism sectors, are preparing to reap a windfall from legal marijuana. The health and wellness industry is fast changing the wellness landscape and beginning to find value and use. By aligning ourselves with this billion-dollar industry, we wish to build a strong cannabis community, one that is dedicated to continuous learning and cultivating ethical business practices. We will be holding frequent symposiums and conferences around the world to share the development, value and success stories".

The Global Cannabis Network provides a three-pronged approach -- digital asset exchange, trade network, community resources -- to addressing the murky, yet rapidly expanding legal marijuana industry. Facilitated through the exchange of cryptocurrency, Global Cannabis Coin (GCX), the project aims to ensure individuals and businesses in the cannabis industry has unremitting access to a system of informational and legal resources.

  1. Global Cannabis Exchange Service: A global, digital asset trading platform that provides users with a secure, decentralized, and a profitable mechanism to share, trade, and exchange for other digital assets. Global Cannabis Network is the first transparent exchange on the market to accommodate cannabis-related industry needs.
  2. Global Cannabis Trade Network: A network of resources for businesses in the cannabis industry to address legal questions, receive or provide entrepreneurial advice, access industry information and best practices, and receive or provide mentoring. Considering cannabis legalities differ around the world, the Network will initially focus their efforts in areas where marijuana is fully legal, and where there is a strong interest in cannabis.
  3. Global Cannabis Community: A social network similar to Instagram, Reddit, Telegram, and Steem for cannabis enthusiasts and entrepreneurs.
    1. Individuals will have the opportunity to post, share, upvote, and review cannabis related material.
    2. The community is an important platform, as it encourages individuals and businesses that cannot participate in the Cannabis Trade Network or Exchange Service (due to legalities) to share their thoughts on the future of cannabis around the world.

Future Developments
The Global Cannabis team aims to open the coin listing service on Global Cannabis Exchange by November 2018, with their series of platforms developed and launched in early 2019. Interested contributors can expect a detailed white paper to be released shortly. Starting on October 14, 2018, Global Cannabis will host a pre-sale for 72 hours only.

Additional Information

  • Registration for coin listing on Global Cannabis Exchange will open on October 17, 2018.
  • Official ITO kickoff slated to begin December 2018.
  • In compliance with anti-money laundering requirements, KYC (know-your-customer) will be compulsory.
  • Service and product launch will be aligned with the regulations of the country of operation.

Why Global Cannabis Network?
Participants on the Global Cannabis Exchange platform can expect lower transactional costs, heightened security, and pertinent information from industry leaders. Consumers will benefit from discounts on products, while businesses will reap the embedded smart contract rewards.

Global Cannabis Network aspires to be a global hub, buzzing with cannabis-related trade, networking, and information sharing. From project collaboration and joint venture initiatives, to mergers and acquisitions, the Global Cannabis Network is a unified blockchain solution for the cannabis industry. For more information on the Global Cannabis Network and Coin, please log on to http://globalcannabisexchange.io.

SOURCE Global Cannabis Network

Related Links

http://globalcannabisexchange.io

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