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How Cannumi Uses Blockchain in the Cannabis Sector

Cannumi is the world’s first platform to connect the market of cannabis enthusiasts and crypto-geeks in a place where censorship and pervasive restrictions have no access. Despite legislative restrictions, and hindered access to information, the cryptocurrency market and the cannabis market are constantly growing. Thanks to modern blockchain technology many businesses will find funding with the help of the platform.

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The cannabis business can be complicated. So it is tokenization and blockchain technology and cryptocurrencies. However, with experience and knowledge in both fields, one can see their potential.

Cannumi is a unique initiative that combines blockchain technology and the cannabis market. Importantly, those interested in this topic can join the project in its early stages and reap numerous rewards. How it works.

At the moment, modern cryptocurrency technologies offer a number of solutions that you can implement into your business. They help you process information, transfer capital, or raise and multiply funds. Launchpad, hemp marketplace, CANMI token, learning platform, or NFT club are just a few solutions that Cannumi will implement into its business. Ultimately, the idea of the startup is to expand these solutions to the entire industry.

Read more on the subject and find the latest cannabis news with the Hemp.im mobile app.

Cannumi – where did it start?

Cannumi is the world’s first platform to connect the market of cannabis enthusiasts and crypto-geeks in a place where censorship and pervasive restrictions have no access. Despite legislative restrictions, and hindered access to information, the cryptocurrency market and the cannabis market are constantly growing. That is due to the fact that many people are aware of how each industry works. It is the lack of knowledge that causes fear of taking action and financial steps.

In response to these needs, the Cannumi project was created – a platform that helps cannabis businesses and their customers grow. It is characterized by an innovative approach and passion for both sectors. The whole is based on years of experience and knowledge of the founders, team, and experts cooperating on the development of the project. Thanks to them, it is possible to counteract a number of stereotypes that circulate about cryptocurrencies and cannabis.

The idea of the Cannumi project is based on several basic pillars

Community – through it, users will gain access to exchange information about cryptocurrencies and cannabis. Unfortunately, many countries restrict the circulation of news in these sectors by legislation. For this reason, a forum was created where every interested person can find answers to their questions.

Launchpad – thanks to modern blockchain technology many businesses will find funding with the help of the platform. Do you have an idea for an interesting startup based on cannabis? Be sure to watch the project and look forward to the launchpad implementation phase!

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Marketplace – is a place where every crypto and cannabis enthusiast will have the opportunity to make a sale transaction with an interested person. Cannumi guarantees that only previously verified people will be selling products.

Governance – is a solution that allows holders of CANMI token to make decisions on further development of the project.

Learning platform – thanks to it, many people who do not yet have experience in both the cryptocurrency industry and the cannabis industry will have the opportunity to gain knowledge of both sectors.

Top Grass Club – this is the place where only owners of the rarest varieties of NFT collection created by Cannumi team will be able to join. The VIP community will be able to count on additional benefits!

What is the reason for the symbiosis of crypto-cannabis markets?

Cannumi is another initiative that was created thanks to the business experience of Cannabis Vera, Cannamarket, and Kryptotech. It is important to note that these are some of the most successful companies in Poland in both the cannabis and cryptocurrency sectors.

Brendon Zegarlicki and Damian Badowski, the initiators of the project, building experience on both fronts since 2016, have blazed many trails of the still under-exploited environment. Having noticed gaps in both environments, they decided to fill them. Because of this, a publicly accessible ecosystem friendly to both cannabis and blockchain technology was created.

The best methods of bringing hemp to the general public have been in use for several years. As the hemp market grows, more and more medical studies are being produced that show the many positive and health-promoting aspects of the plant. Blockchain technology, on the other hand, is still primarily associated with cryptocurrencies. This is not its only use, as even banks and modern businesses use it to decentralize information, transfer capital or raise funds.

What do crypto and cannabis have in common? The steady growth of the market

Brendon Zegarlicki points out that he hopes for a symbiosis between the crypto and cannabis markets:

“The benefits associated with the development of the platform will depend on the activity on the part of both users and administrators of projects conducted on the platform. The mechanics of Cannumi will be based on the pursuit of mutual benefit, thus driving collective building and collaboration. Analysis of both markets and growth speculations further motivate us, so with conscientious cooperation with the community, we are able to fly even to the moon.”

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As you can see, Cannumi’s idea looks promising. The situation is enhanced by the bull market in both the cannabis and crypto sector, which will continue to grow with more medical cannabis research and the development and implementation of new blockchain technologies. Cryptocurrencies are becoming increasingly popular and are making significant profits for those who know how to use them.

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(Featured image by Kindel Media via Pexels)

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First published in FAKTY KONOPNE.PL, a third-party contributor translated and adapted the article from the original. In case of discrepancy, the original will prevail.

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Valerie Harrison is a mom of two who likes reporting about the world of finance. She learned about the value of investing at a young age upon taking over her family's textile business when she was just a teenager. Valerie's passion for writing can be traced back to working with an editorial team at her corporate job, where she spent significant time working on market analysis and stock market predictions. Her portfolio includes real estate funds, government bonds, and equities in emerging markets such as cannabis, artificial intelligence, and cryptocurrencies.