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Cannergrow.com Review: Is Canner Grow Scam or Legit Cannabis Plant?
CannerGrow Review: Scam or Paying? cannergrow.com claims it could make you huge profits in investments cannabis growing . How true is this? You may have come across many systems on the internet promising you quick fortunes, the truth is that majority of them turn out to be scams. In this review of Miners Fund, we provide you information based on our investigations and user experiences to help guide you make the proper decision.
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What Is Canner Grow
cannergrow.com is allegedly a platform created and managed by a very experienced group of cannabis growers. According to the information on their web page,they offer the first and so far, only Plant-Growing-Service in the entire Cannabis industry. Anyone from all around the world can get started in the cannabis industry with us an be a virtual grower and get a piece of this huge billion-dollar market. . How True is this?
The truth is that Canner Grow is too good to be true. The Returns they promise is not only unrealistic but outrageous; that alone is an indication that they are not into cannabis growing as they claim.
Canner Grow Scam Review: Disturbing Things Found
Though this platform appears legit, it is fashioned like other quick-profit investment schemes which turn out to be HYIP. What is a HYIP? It is a just a type of ponzi scheme. Initial investors only get paid when new people sign up and invest, what this means is that you are under pressure to bring in new investors so that you will get paid. As soon as the amount of new investor drops, the owners do away with the money invested, and the site is closed down since there is no longer enough money to pay initial investors. Those that benefit most times are the first investors. The system is not sustainable because it will surely shut down abruptly leaving your money trapped in the hands of the scammers that set it up initially.
Most of them provide a registration certificate and so-called evidence of payments. Don’t be deceived, anybody could get a sham address and certificate most especially from the Company House in UK which most of them use, for just £5. These companies claiming to be located in the UK or similar countries are not in actual sense located there.
OUR VERDICT- RISKY !
A lot of people would try to tell you otherwise but the truth remains that the people behind this platform are not using your money to trade. Rather they run a margin system otherwise known as a ponzi scheme. The ROI is unrealistic, and the affiliate program commission is an indication that they are eager for your money. Though this website looks authentic, and the testimonials sound convincing, don’t be deceived by their whitewashed lies. They might pay initial investors, but like other HYIP’s, one day they will abscond with your money when there are not enough deposits.
cannergrow.com is not a legit platform. Don’t be deceived by their promises.
Everyday we get complaints of people been scammed. Most people fall for these schemes because of the sweet promises of making huge profits within a short time. On a serious note, legit systems exists but scams are very very numerous. So you need a guide to help you make a good decision. We have made it our duty, by exposing scams.
They are lots of online investment opportunities which could fetch you money and give you a good Return On Investment. We constantly search them out to guide our readers so they don’t fall for scams. Always feel free to interact with us in the comment section.
CannerGrow Review – Is CannerGrow.com Scam or Legit MLM?
Welcome to my CannerGrow Review!
The future of the economy has arrived with the present of cryptocurrency and blockchains. Recently, the landscape of crypto-investment is changing, and it is happening fast.
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Have you thought about CannerGrow and joining this latest opportunity?
CannerGrow being a hybrid of both cryptocurrency and cannabis that guarantees fixed passive return.
Since there is so much hype on it, I have decided to take a closer look at this company. The main concern of us is how to make money from this company.
Thus, I am going to reveal the nuts and bolts of CannerGrow in this review.
This review consists of information like:
- What is CannerGrow?
- How to Join CannerGrow?
- How to Make Money with CannerGrow?
- What Do I Like About CannerGrow?
- What Don’t I Like About CannerGrow?
- Is CannerGrow A Scam?
Before I start, I must congratulate you for spending time to do your own research about the truthfulness of any program.
It is important to check a program’s review before buying it because there are too many scammers online!
I am not associated with CannerGrow in any way so rest assured that I am not here to sell you anything.
CannerGrow Review Summary
Product Name: CannerGrow
Author: Maik Pietrowski, Levin Amweg, Severin Amweg, and Sascha Waschle
Price: €350 to €35,000
What is CannerGrow?
CannerGrow is a project founded by Cannerald, Swiss-based medical cannabis research, and production company.
The project combines professional cultivation with an easy to use Customer-End-Web interface.
CannerGrow is officially launched on May 20, 2020.
According to WHOIS, the company website was created recently on April 5, 2020.
Cannerland’s headquarter is located in the British Virgin Islands.
According to their marketing material, the heart and soul of CannerGrow is their CEO, Mr. Stefan Amweg.
In respect to their management team, there are few movers and shakers who are:
- Maik Pietrowski – Co-Founder Cannerald
- Levin Amweg – Co-Founder Cannerald
- Sascha Waschle – Co-Founder Cannerald
- Severin Amweg – Co-Founder Cannerald
- Fabian Eder – Head of Marketing
- Sergej Michel – Shareholder
“CannerGrow is presenting a Plant Sale.”
Throughout this project, everyone can own their cannabis plant within a few mouse clicks!
Every digital sold plant in their system will represent a physical cannabis plant in their Growroom’s.
Do we need to plant cannabis on our own?
No! You do not need to do anything!
The experts from CannerGrow will take care of everything for you.
They also claimed themselves having teams and handicappers located around the world.
Most importantly, the members will get full control over the harvest.
The harvesting of cannabis will take around two to three months.
Later you may choose either to receive the physical harvested cannabis or sell it for money.
To be honest, what CannerGrow doing is a very unique yet interesting business which newly growing exponentially in the market.
How to Join CannerGrow?
To get started, you can sign up for the packages offered by CannerGrow as follow:
- 1 plant with 100 CADT tokens – €350
- 10 plants with 1,000 CADT tokens – €3,500
- 25 plants with 2,500 CADT tokens – €8,750
- 100 plants with 10,000 CADT tokens – €35,000
The difference between these membership packages is only the potential income you can earn per cannabis harvested.
These packages also grant you eligibility for the full participation of CannerGrow’s compensation plan.
How to Make Money with CannerGrow?
CannerGrow does not offer tangible products, their compensation plan is mainly based on the affiliate membership you sold.
Switching gears now to look at ways to earn money from joining CannerGrow.
The company promised an advertised return on investment (ROI) according to the packages you invested.
- 1 plant – €50 per harvested plant
- 10 plants – €500 per harvested plant
- 25 plants – €1,250 per harvested plant
- 100 plants – €5,000 per harvested plant
In other words, the higher the plants you invest, the higher the ROI will be.
You can earn when you successfully sponsor or refer an affiliate under your member link.
The commission depends on the packages the affiliate chooses to sign up.
It is tracked and paid through a unilevel compensation structure.
For instance, the affiliates you personally introduced affiliates will place at the top (Level 1) of a unilevel team.
When Level 1 affiliates did the same as you, refer new affiliates joining the program, these new downlines will place at Level 2 of your unilevel team.
These will repeat indefinitely.
However, CnnerGrow will only pay you on your first seven levels.
- Level 1 – 7% recruitment commission
- Level 2 – 5% recruitment commission
- Level 3 – 3% recruitment commission
- Level 4 – 2% recruitment commission
- Levels 5 to 7 – 1% recruitment commission
ROI Matching bonus
In a matching bonus, the sponsoring affiliate receives a commission based on the bonus earnings of the downline they have sponsored.
The matching bonus is tracked and paid through a unilevel compensation structure which capped at seven levels.
- Level 1 – 7% ROI Match
- Level 2 – 5% ROI Match
- Level 3 – 3% ROI Match
- Level 4 – 2% ROI Match
- Levels 5 to 7 – ROI Match
Why CannerGrow Won’t Work?
If you are into the MLM news, you might know what happened to MOBE and Digital Altitude. Those companies claimed themselve to be an MLM business but the truth their main renevue come from the recruiting side.
This is a very risky business model because you are essentially paying the old members with the new member’s money. The entire company can collapse and close down once there are no new member.
It is also illegal to operate a pyramid scheme. Unlike MLM, a pyramid scheme doesn’t have sell any product. It relies solely on recruitment revenue which is very similar to what CannerGrow is doing here.
This picture perfectly illustrates what will happen if you join a shady MLM.
What Do I Like About CannerGrow?
There is nothing I specifically like about CannerGrow.
It works in a way much more similar to other MLM programs.
What Don’t I Like About CannerGrow?
1. High investment cost
A cannabis plant cost €350.
Don’t you think it is expensive?
Although there are 100 CADT token ties with the package, but it is still a huge initial capital.
Something to highlight is that CADT is an internal token that has no value in the public market.
2.Vague investment information
Lacking information on how the company manages the investor’s money.
Although the investors are informed to have physical cannabis in their growhouses which located in Switzerland and the United Kingdom.
However, there is also no proof and information at all on who is running these behind the scenes.
Also, there is no other evidence that anyone has made any real money with CannerGrow.
3. Not Stable Passive Income
In order to recruit more people and make money, you need to learn how to reach more people without spending a lot of money and annoy the people around you.
For example, I have created this blog that gets hundreds of visitors each day. I can promote something here and if people buy it, I will earn an affiliate commission.
Instead of forcing people to join a program or buy something, I rank my blog high on Google and let them come to me.
This is done through search engine optimization and keyword research.
Sadly, they don’t teach anything like that in Planet Impact Academy. That’s why it is really hard to make money in an MLM business without learning some internet marketing skills.
If you are interested how I learn those skill and make money online, please feel free to check here where I share my online venture in details.
Is CannerGrow A Scam?
It is too early now for me to identify if is CannerGrow a scam.
I would keep this program in my list and monitor it closely since it is a relatively new cryptocurrency MLM program.
CannerGrow is still new in the MLM market and has yet had time to prove itself as a reliable company.
But in my opinion, I still do not recommend Dacxi because it is very similar to the other cryptocurrency Ponzi scheme.
It has no tangible asset to sell, vague investment information, and involvement of internal CADT tokens.
Additionally, the investment cost is really high compared to other MLM programs.
Besides, CannerGrow claimed that the member owns the cannabis plant and grant full control over them.
But is there any proof given on the actual existence of the cannabis plants?
I believed it is just smoke and mirrors!
Anyway, let’s wait and see how CannerGrow will be doing.
Lastly, my review has provided all the necessary information needed.
All that is left for you to do is look at the findings and make an educated decision.
I would still advise that you conduct thorough research, gather detailed information and then use that to make your decision.
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Hi, my name is Jayden. My goal is to achieve financial freedom and travel the world. I constantly look for different income streams.
This blog is aimed to share what I have found in the online marketing world.
CannerGrow Review – Legit Cannerald Reboot or Huge CADT Scam?
Welcome to my blog and thanks for stopping by to read my CannerGrow Review!
I know a few big marketers in the MLM space promoting this company so I wanted to bring you the best review online.
Today I’ll be going over the company, the product (if one actually exists) and the CannerGrow compensation plan.
You ready to get everything you need to know about this company… Let’s Go!
I’m really looking forward to this review seeing that CannerGrow being a hybrid of both cryptocurrency and cannabis.
I am very familiar with both industries having been in both for some time now.
First things first lets take a look at the company domain.
CannerGrow’s website domain “cannergrow.com” was registered on April 15th, of 2020 so it’s fairly new.
“CannerGrow.com” Whois Info:
The domain was registered by Sascha Waschle through an address in Rottweil, Germany.
Sascha is also listed as one of the Co-Founders of Cannerald on the CannerGrow website.
You’ll also notice all Co-Founders have social media accounts which is a good sign.
Cannerald seems to be the research and production company and also the company who founded CannerGrow.
This picture is direct from the CannerGrow website:
According to the Cannerald domain “cannerald.com” the company was founded in 2020.
That matches up with the domain itself.
“Cannerald.com” Whois Info:
Don’t get confused because the two websites are almost identical.
About Us Info On Cannerald Website:
From what I can tell the same four Co-Founders who started with Cannerald are now working with CannerGrow.
Note Sascha Waschle registered both domains.
I did have a look at both domains on Alexa.
CannerGrow which is the newer domain has definitely had a spike in traffic.
However the older Cannerwald domain basically has no traffic and an Alexa rank over 3 million.
You would think a company that was founded in 2020 that wants to be the largest cannabis producer and exporter in Europe would be a bit more popular.
Another thing I was a bit confused was the CannerGrow website claims that Cannerald was registered in 2020.
However the Cannerald domain was registered back in 2020.
Maybe just a bit of confusion between the two sites not sure.
Or maybe the meant the company itself?
I’m not 100% sure.
Maybe a question to ask the company if it’s important to you.
They don’t have any retailable products or services.
You can become and affiliate and promote the affiliate membership itself.
CannerGrow’s Compensation Plan
Affiliate can invest funds on the promise of getting an “expected value” of returns.
Think of it as a ‘digital plant’ each one representing physical space taken up in a grow room.
A grow room is basically an indoor room set up with lights, ballast’s, AC units etc so the plants have ideal conditions to grow into mature plants.
Grow room can be expensive to run so the trick is to spend a lot less then it cost to harvest and sell the plants or products derived from the plants.
After CannerGrow figures out the profit margin they split it 50/50 between the company and the customer.
Here is the Promise of Expected Value of Returns:
CannerGrow is paying referral commissions on a unilevel structure.
It’s pretty basic if you’re not familiar.
If you sponsor someone they go on your first level.
You can sponsor as many people as you like personally which is referred to as ‘going wide’.
If anyone on your first level sponsor’s someone they go on your second level.
That duplicates downward and you can get paid on 5 levels total in CannerGrow.
- Your level 1 – Earn 5%
- Level 2 – Earn 2%
- level 3 to 5 – Earn 1%
CannerGrow ROI Matching Bonus
The company pays a matching bonus on returns paid to unilevel team affiliates.
Affiliate’s are capped at same five levels as the unilevel (see above):
- Your level 1 – Earn 10% ROI match
- level 2 – Earn 4% ROI match
- level 3 – Earn 2% ROI match
CannerGrow Plant Sale
As we spoke about earlier CannerGrow talks about this ‘Plant Sale’ where you can participate in the billion dollar market.
The company supposedly has two grow warehouses one in Switzerland the other in the UK.
I’m just trying to add things up here.
Again I hate to be that guy who calls out BS and I’m not going there yet but I do have a question.
If Cannerald was doing so well why didn’t they succeed?
Why are they called CannerGrow now?
If you can generate consistent €10,000 EUR return on a €35,000 investment every 2 to 3 months what happened to Cannerald?
The Cannerald website was registered back in 2020 so what have the 4 Co-Founders been doing since then?
Also it’s possible I am wrong but like I said earlier I am very very familiar with grow operations.
I’m in an area where there are huge facilities going up in MA and RI (where I live).
I have visited most of them and I’ve also been around the marijuana industry for years.
18,000 plants and 112,000 plants would take up a huge amounts of space.
I would have to see proof and evidence first hand to believe they are operating at such a scale.
CannerGrow Passive Income
This is just something else that could create a problem for the company.
Whenever you mention “passive returns” or “ROI” or “do nothing and get paid” now you are getting concerned with regulators.
These days if you attach ROI or Passive Income to any sort of MLM structure it’s just a matter of time especially if the company gets any sort of traction.
We have seen hundreds of cryptocurrency MLM ROI companies get shut down over the past couple years.
Or the company just takes everyones investment money and disappears.
Now I’m not saying that’s CannerGrow’s intention I’m just giving you an example of what I’ve seen happen with many companies.
Remember the picture I showed you earlier?
If there is any talk about returns, passive income, ROI etc it usually constitutes a security offering.
That would mean CannerGrow would have to register their MLM Grow Operation with financial regulators.
It’s possible they did however I did not see any mention of this anywhere on their website.
Or maybe I’m missing something but I don’t think so.
CannerGrow CADT Token Sale
Looks as if CannerGrow is planning a ‘CADT Token Sale’ which bothers me some.
Many companies use ICO’s to raise funds and there is a lot of risk with these.
Basically you invest lots of Bitcoin or Ethereum which has lots of value for worthless tokens.
Some capitalize on the HYPE phase until it all dries up and there is no volume left.
Most people lose because they are clueless to what’s going on.
By the time they figure it all out there tokens are worthless.
Usually companies that run “exit scams” grab as much btc or eth as possible and dump as many tokens as they can on the exchange before it runs to zero.
I’m not saying this is CannerGrow’s intent I’m just saying I’ve seen this happen literally hundreds of times.
How Much To Join CannerGrow?
If you want to join and take part in CannerGrow there is an initial investment of €350 to €35,000 EUR.
CannerGrow Conclusion – Legit or Scam?
At the end of the day I’m really trying to do my best and be as optimistic as possible.
If and when I come across a company that looks really good I’ll be the first to say it.
If something is an outright scam I’ll be the first to say it.
Listen I’m not going to call CannerGrow a scam.
Looks as if we have some young guys trying to build a company with not much experience in the MLM space.
As I have mentioned earlier I am very familiar with grow operations and it’s very hard for me to believe the size of the operation they mentioned.
I would have to see proof of this or it’s just words on paper for me.
Lets say they are producing all this cannabis then where is it being sold?
I’m not sure of the regulations over in Europe on selling cannabis but we know one thing for sure.
Most of their website traffic is coming out of Russia and we know they love their crypto.
It’s possible that I’m wrong but I have to mention this.
If CannerGrow does not have these grow operations, and not making real sales.
That would mean the only currency coming in and going out is through new affiliates signing up.
If that were true CannerGrow would be a Ponzi.
You’ll need to do your own research to figure out if CannerGrow is worth the risk and where you’d like to invest your money.
Hope you enjoyed my CannerGrow Review if you have any questions, comments or concerns please leave in the comments below.
Ready To Take Your Business To The Next Level?
Whether you plan on joining CannerGrow or not I want to mention something important.
I’m guessing you’re weighing your options and want to make steady income online correct?
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