Want to have your own cannabis farm but are bounded by the laws in your country? Well, Cannergrow is just the solution. Please read this cannergrow review to know that expect from this Cannabis project.
Who thought “virtual” cannabis cannot be an investment opportunity. Cannergrow combines cannabis and done for you services – two of the major industries today, allowing you to make income while watching your plant grow through a webcam. This Cannergrow review details on what the company offers and if it is a legit project.
What is Cannergrow?
Cannergrow is CBD plant growing company that operates in Switzerland. It allows you to become a virtual owner and grower of Cannabis plants. Like their tagline says, “We grow for you”, the company takes care of the harvest and growing of your plant. In return you share profits with the company for their services, fair right?
All you need to do is make an initial investment – by buying as many plant places, and you will keep receiving returns on it in the coming months. When the plant gets harvested, you can decide to get the CBD delivered or sell it through the platform.
Cannabis is perhaps one of the fastest growing industries today. Therefore, investing in it can reap numerous benefits. However, while CannerGrow claims to provide you with a source of passive income, it is not exactly transparent. That is, you will not know where the money you invest is going and where your returns are coming from.
Cannergrow is a project of Cannerald, a Swiss cannabis research company, that has been amongst the top cannabis suppliers for several years. While the parent company adds some credibility to the Cannergrow project, there are still several factors that need consideration before you decide to invest in it.
What Does Cannergrow Offer?
Cannergrow is the first “plant growing service” available today. It is primarily a cannabis production company that asks you to invest in a cannabis plant and earn profits from its harvest. It was founded in 2017 and have different locations across the globe. So, they have an international network, with clients from different countries.
To dive into the operations of the company:
We Grow for You!
Cannergrow does all the work for you. From planting seeds to harvesting, the company does everything. All you need to do is invest and wait for the harvests to get your returns on investments. It has no restriction on the criteria for investing. You can buy a plant from anywhere in the world.
The main idea behind the birth of Cannergrow is that the cannabis industry is growing. However, not everyone can gain advantage from it given the different laws in different regions. Therefore, the company tries to allow everyone to make money from the booming sector.
It is extremely easy to invest, and you can buy your plant in just a few clicks. The factory workers take care of your plant throughout its growing period – making sure it gets the right nutrients, light and water.
Once your plant is fully grown, it is time for the harvest. The plants get harvested after 2-3 months and can either be shipped to you or sold by the company. You get 50% of the returns, that you receive on every harvest.
CannerGrow also offers an affiliate program where you can earn additional income by referring the company to other people. Within the first 7 levels, the company pays you som percent of your referral’s plants. Further, you can also get a bonus of 20%.
There are several investment options you can go for. The invested amount can vary from €1000 to €350,000. Every plant gives you interest approximately every 2-3 months.
Is Cannergrow a serious company?
While Cannergrow provides you a great inlet into the cannabis world, there are several factors that are important to understand before investing. To discuss some of them:
Cannergrow is operating from Switzerland with the registry number: CH-130.4.025.747-6
Anything that offers a return should be legally registered. The swiss law takes this issue very serious. That is probably one the biggest advantages for the company to be a longlasting project. Cannergrow dows not promises any ROIs within the assigned time, there is no guarantee and you will not be able to take much action against it either. The harvest of the plants can bring different results.
Is Cannergrow offering transparency?
You can watch your investment with a webcam and you see where your investment is going and where the ROIs are coming from. Further, there is no guarantee if your plants will sell for a certeain price or not. The ROI is dependent on the Cannabis price – which might be fluctuating. Moreover, you have no control over the amount you earn – it is solely dependent on your investment.
Is there an affiliate program?
The company is majorly focused on recruiting. While you might think you are buying plants, it is likely that you are just buying into their affiliate program. Since, the ROIs are not guaranteed, the buyers tend to refer the program to other people – in hopes of earning extra money. This does nothing but grow the company’s customer network.
What are the returns we can expect?
The plants give returns every 2-3 months. The investments starts at €1000, which is a pretty big amount for most of the people but if you make the returns, definately a pick for your portfolio. There are several growing rooms for investing in more plants to yield even better results.
Cannergrow sells its own products but you can jump on that trend as well. If you have not already started in the CBD-business you can do this anytime (depending on your country). Take your CBD and sell it yourself. As a shop-owner, or just as a reseller. Just let us know where we should send your harvest.
Lastly, despite being a cannabis grower, the company does markets their own CBD products. You can also simply buy their products.
Cannergrow Review Conclusion
While Cannergrow might seem like a legit scheme, you should only invest if you can afford money to lose because of any unforseen circumstances. There is no guarantee for anything. You could always order your CBD and sell or use it on your own. Furthermore, it is legally registered and constantly expanding, which makes it even more legit. I hope you enjoyed this Cannergrow Review. Leave me a comment if you have any questions.
We grow for you!