THE GLOBAL MARKETPLACE FOR CANNABIS EXTRACTS
The Cannabium Marketplace for cannabis extracts offers participants the option to redeem their asset-backed tokens for cash.
Cannabium’s token, backed by a physical product, introduces a new kind of B2B marketplace, where price transparency and standardization become possible.
The face price of a token will be 8¢ (USD 0.08), which amounts to a discount of over 50% from the current European wholesale price for the same quality of CBD.
Tokens may be redeemed via cash sale settlement in which token holders will receive the cash from the sale of the tokenized CBD.
As they enter their redemption period, tokens could become the spot price for CBD - something currently unavailable in the world - providing a price signalling mechanism to contribute to the developing cannabis extracts market.
The tokens are currently available in a Private Pre-Sale.