Hemp startup Chow420 has set a precedent for quality assurance and consumer safety in the cannabis industry through its recent blockchain integration. As a result, the online cannabis marketplace has become a trusted destination for over 500 cannabis retailers and inspired up to $1.75 million in funding from Chow420’s StartEngine campaign – but this is only the start for CEO David Obasiolu and his team.
Having made major breakthroughs in the cannabis industry’s trust problem, the Chow420 team is now tackling the cannabis industry’s accessibility issue head-on with the release of its cannabinoid (CBD) vending machines – and it’s taking its investors along with it for the ride. Through a recently launched partner program (“Chow420 machines”), Chow420 is allowing its investors to take a proprietary position in the growing CBD market via ownership of their own CBD vending machines while being positioned to benefit from the company’s multiple revenue streams as it continues to work to make CBD purchases safer and more trustworthy for consumers.
The partnership program has three tiers: Gold, Diamond and Platinum. An investor’s tier designation depends on the initial amount invested, but each tier provides investors with a guaranteed 30% discount on Chow420’s automated dispensaries. The discount cuts the original price down from $22,500 to $15,000, helping investors save $7,500 on an investment that could potentially yield an impressive return.
The Chow420 Pod is a 55-inch purple touchscreen machine that allows users to shop CBD products. It features Chow420’s proprietary advanced age verification process and real-time customer support.
Chow420 pods allow investors to position themselves in a market that’s projected to grow at a compound annual growth rate (CAGR) of 16.8% to 2030, according to data compiled by Grand View Research. Chow420 aims to leverage its partnerships with Simon Properties and PREIT properties to house dispensaries in some of the most popular properties in America.
Less than three weeks remain to invest in Chow420’s StartEngine campaign. Aside from a stake in the company, investors also get attractive discounts on automated CBD dispensaries from which they can derive passive revenue.
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Featured photo courtesy of Chow420.
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