ASSET-BACKED TOKEN
Cannabis Coin
Cannabis Coin is available to be purchased and traded on T7X. The exchange has been established to list and trade only tokens that have an intrinsic value and are backed by real assets. In addition, the exchange will be the mechanism for delivery of dividends to the holders of these tokens.
CANNABIS INDUSTRY
Market
The Cannabis market has much growth and opportunity though it faces various challenges including regulatory hurdles and lack of banking access. However, the market’s growth potential continues to attract investors, entrepreneurs, and consumers alike.
The past 5 years have seen massive investment into Cannabis projects and we are focusing on real estate property that is distressed that has a new competent operator that could dramatically increase the property value.
WORLDWIDE CANNABIS FACTS
The global legal cannabis market was valued at $17.5 billion in 2019 and is projected to reach $73.6 billion by 2027, growing at a CAGR of 18.1% during the forecast period (source: Grand View Research).
In 2020, North America had the largest share of legal cannabis sales worldwide, accounting for nearly the entire market (Statista).
California is the single largest cannabis market in the world, larger than the entire country of Canada (Statista).
START EARNING
Token returns.
Token holders receive a fixed return from the rents paid to properties backing the Cannabis Coin.