CANNEX

CANNEX

PRE-SALE ENDED
7,101 Views
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.
3.0
TOTAL SCORE
5.4
ICO PROFILE

(weight: 45%)

1
TEAM PROOF

(weight: 20%)

Get widget
General
Website: Visit
White paper: Read
Pre-sale Time: 25 Mar 2019 - 31 July 2019
Whitelist/KYC: Whitelist + KYC
Country: British Virgin Islands
Token info
Ticker: CANNEX
Platform: Ethereum
Token Type: ERC20
Available for sale: 40,000,000 CANNEX
Financial
Accepting: ETH
Hard cap: 90,250,000 USD
December 2018
Application for Permit.
January 22, 2019
Ministry of Health Application Certified.
March 9, 2019
Series A Fundraising.
May-July 2019
Ministry of Health Permit granted.
July 2019
Series B Fundraising Phase1 Investment.
August 2019
Series C Fundraising.
September 2019
Phase 2 Investment.
Q4 2019
Begin Growing Operation.
Q2 2020
First Smart Contract Distribution.
Frank Sranphol
CEO
No participating data
Todd Clifton
CBO
No participating data
Rawi Ovararint
COO
No participating data
Kanawat Allapach
CMO
No participating data

Advisors (0)

HEIGHT - 0px
WIDTH - 0px
PUT THIS CODE TO YOUR WEBSITE
ICO List
Other Interesting ICOs
Active
Rivalz
Rivalz is redefining AI infrastructure by creating an AI Intel Layer to unlock new agentic economies. Built on a dual-chain DePIN architecture using Dymension and Arbitrum, Rivalz addresses one of the biggest bottlenecks in AI today: access to AI-ready, verifiable, and secure data. As we envision the web3 space to become agentic and overtake humans in the amount of transactions over time, what Rivalz is building is key for enabling this future. The core challenge that Rivalz is addressing is the need for AI-ready, verifiable and accessible data and later on intelligence. Rivalz offers a hybrid solution combining decentralized storage and high-speed agent-centric connectivity networks that cater specifically to AI's demands, ushering in the era of the agentic economy.
Upcoming
Tokoin
Tokoin is a platform that establishes the digital business identity and reputation of micro, small & medium enterprises (MSME) as acceptable credibility scoring for suppliers and financial institutions. Tokoin aims to: - Build a digital business identity for MSME that represents a valid business reputation - Build a digital ledger for MSME that records real-time transaction data and provides opportunities to distribute the data to the relevant parties in the ecosystem, hence monetizing their data. - Build a digital ledger for MSME that records real-time transaction data and provides opportunities to distribute the data to the relevant parties in the ecosystem, hence monetizing their data. - Grow opportunities by lowering transaction costs, increasing buying power, and providing the previously inaccessibles access for business partnership - Suppress the financial inclusion barriers
Upcoming
Shipit
Shipit β€” is a community of senders and travelers united by the mobile app that helps the former ship packages and the latter make extra money while traveling. Shipit is a symbiosis of best ideas and practices of courier, crowdsource and crowdshipping services. We have synthesized the best business practices to create a revolutionary and unique service. Just as Uber and BlaBlaCar have already become a part of our daily lives, Shipit is going to become an irreplaceable tool for shipping. It is the first app of its kind that will use smart contracts and blockchain as a native tool to make people lives easier all around the world. By implementing Shipit tokens and using the blockchain we want to build relationships between users based on transparency, safety and ease of tracking for all deliveries on the platform. While courier services are becoming more expensive, Shipit allows users to ship and track open packages at lower costs and risks. Shipping has never been easier.
Upcoming
Gluon
Gluon’s platform establishes an interconnected network of vehicles where individuals and businesses can monitor, track, tune, and diagnose the issues in them. Not only can customers diagnose their vehicles themselves, order parts, and request bids on repairs, but they can schedule repairs, send/receive payments for services and goods. Consumers can tune their vehicles for optimal performance and/or regulate their use.Repair shops can diagnose vehicles more cost-effectively and accurately order the correct parts. Vehicle service record, repairs, diagnostics, smog tests are all stored in the Gluon secure blockchain based on the Stratis Platform.
Upcoming
MeFy
Mefy works on a subscription-based model, where the user of MeMe Care subscribes for yearly subscription allowing them any number of tests throughout the year for the cost of just consumables. Through its eConsult feature it connects worldwide doctors to worldwide patients thereby resolving accessibility issues and with its MeMe Edge device, it provides authenticity to the test conducted.
Upcoming
CashFlix
CashFlix is a Crypto Payment Aggregator to enable all token usage beyond any borders and limitations. The Cashflix Payment Engine will simplify the usage of your crypto wallet in the real world. At the moment one has to cash out their cryptocurrencies to their local bank accounts when one plans to use the money for a transaction. This process takes time and also fees are involved with doing so. Cashflix Swap and Switch Engine (S&S) enables straight transactions from your crypto wallet straight to the payment gateway system with highly reduced transactional fees. CashFlix Wallet - Store your all crypto assets in a single location. CashFlix Payment Processor - Flawless payments at registered merchants all around the globe. Passive Income Generation - Earn additional income in BUSD by holding $flix by our built-in dividend sharing reward system.