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CANNEX (PreICO)

From Green to Gold

The CANNEX Project aims to be the largest medical marijuana farm and processing business in Asia targeting the international export market. The project location is Pailin Province in the Kingdom of Cambodia. The business will benefit from investment incentives and the lower costs of production compared to export markets like Canada. The CANNEX Token aims combine the global scope of cryptographic tokens and explosive growth of pot stocks. CANNEX will share 20% of our after tax profits of our business operations to the tokenholders, while remaining 80% will be used for further investments or for token buybacks. Any additional investments or divestment are returned via the Smart Contract function to the tokenholders. The CANNEX Project is currently in its Seed Funding round (Series A). This private sale is open to connected individuals or to qualified international investors. The project is the only project to have applied for a grow license in the Kingdom of Cambodia. The company is awaiting approval of its grow license and expects a decision by the end of Q2 2019. The next fundraising stage will have a price of $2.00. The CANNEX Project offers a range of investor protections, including a guaranteed buyback and various rights that minimize risks for stakeholders.

2.2
1 0 expert ratings
Benchy 2.2
KYC
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Review: coming soon PRO
72 days 13 hours left
2019-03-25 - 2019-07-31
Token
CANNEX
Type
Platform
Accepting
ETH
Hard cap
90,250,000 USD
Whitelist/KYC
KYC & Whitelist
Restricted areas
Excluding Countries: United States, North Korea, Syria, Venezuela, Vietnam, China
Visit ICO website
Report
Changelly

About CANNEX

The Cannabis Export (CANNEX) Project is the first-of-its-kind export-oriented marijuana business in Pailin Province, Kingdom of Cambodia funded by a cryptographic token crowdsale.

Medical Marijuana is rapidly being legalized in major countries around the world. Canada has now legalized recreational marijuana and many countries will in the near future.

To meet the growing global demand for marijuana products, the CANNEX Project will be a 100 hectare farm that offers low production costs, allowing us to compete on price in our export markets.

As additional countries legalize marijuana, we will have an advantage in securing market share.

We will offer cost-competitive OEM services to license holders in other countries as well as offer our own brands, including fair trade brands, for distribution internationally.

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