CannerGrow Review: CannerGrow.com is a CBD MLM Company

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CannerGrow Review
Review Summary
The fact that the company is making a lot of ambiguous and suspicious claims shows that you should not invest your money in CannerGrow. Instead, use the reliable Forex trading bots that allow both beginners and experienced traders to earn a large number of profits via efficient and legal trading.
CannerGrow is an MLM company that claims to offer a variety of cannabis-based products. Moreover, CannerGrow.com also focuses on making people invest in the company and become affiliates to get different earning opportunities.
The business model of the company mainly focuses on the MLM side of the business. It shows that making affiliates is the primary goal of CannerGrow.com. It is important to review this platform in detail to make sure you are making a smart investment decision.
Keep reading to learn all of the different aspects of CannerGrow and whether you should invest in it.
Overview of CannerGrow
CannerGrow is claiming to be a well-established name in the cannabis industry. The analysis of its domain, CannerGrow.com, shows that the company was registered in April 2019. It shows that the company is relatively a new platform that is claiming to provide a lot of profits to the affiliates.
The owner of the company is Sascha Waeschle, who lives in Germany. However, the overall background of CannerGrow.com is quite suspicious. The website states that Cannerald is the platform. Cannerald is claiming to be a Swiss company that deals with the research and production of cannabis. Cannerald was established in 2018.
Yet, the company has failed to establish a renowned name in the cannabis industry. The analysis of the domains of both of these companies also shows that they are not getting any significant traffic. It shows that the company is not selling many products. Instead, it is heavily relying on the affiliates to keep investing in the company.
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Registration Process of CannerGrow
CannerGrow is offering a variety of CBD products. However, the users will have to become a member of the company to buy such products. The website encourages users to invest as much money as they can.
The minimum amount that you can spend to become an affiliate of CannerGrow is $420. On the other hand, the maximum amount that you can invest is $42,000. This kind of process shows that the company is desperate to get investment from the users.
Features of CannerGrow
CannerGrow.com mentions many different features to attract more people and make them invest in the company. Let’s review these features one by one:
Accessible
CannerGrow is claiming to be the most accessible company in the CBD industry. It claims to help all kinds of people with small or big investments to enjoy the benefits of the industry. However, you should keep in mind that the company is asking for a large amount of investment to provide any significant advantages.
The website even claims to provide you with your own cannabis plant in a few steps. CannerGrow encourages users to get the plant from CannerGrow.com because the company’s team will be responsible for taking care of the plant and ensuring proper harvesting.
However, you must consider many other factors during this process, as the rules and regulations of where you live, because dealing with CBD products and plants is not even legal in many places.
Quality Products
CannerGrow is encouraging users to become affiliates of the company and buy products because the company is providing premium-quality products at an affordable rate. However, the website does not provide any reliable information about the products. It is possible that CannerGrow.com is making such claims to get your investment.
The fact that the company is making a lot of ambiguous and suspicious claims shows that you should not invest your money in CannerGrow. Instead, use the reliable Forex trading bots that allow both beginners and experienced traders to earn a large number of profits via efficient and legal trading.
Production Factories
Another significant claim of CannerGrow is that it has production factories equipped with state-of-the-art technology to ensure the quality of the products. The website also states that you will not get access to these kinds of professional and modern production facilities anywhere else in the cannabis industry.
Yet, the website does not provide any specific details about these factories, like their locations. It shows that the company is only making tall claims to attract people.
Regulations
CannerGrow.com states that you can fully trust the company because it follows strict rules and regulations to provide high-quality products. However, offering CBD products is a highly challenging task for even the most well-established corporations due to legal challenges.
Therefore, there is no way to confirm if CannerGrow is actually telling the truth about having maximum compliance with the regulations associated with the global cannabis industry.
Income Structure of CannerGrow
The income structure of CannerGrow is the most significant part of CannerGrow because it is mainly focusing on the MLM scheme and hiring affiliates.
CannerGrow.com is offering four main packages that differ from each other in terms of the number of plants and the amount you have to spend to get them:
- 1 Plant for which you have to invest $420 and get $60 every 2-3 months.
- 10 Plants for which you have to invest $4200 and get $600 every 2-3 months.
- 25 Plants for which you have to invest $10450 and get $1500 every 2-3 months.
- 100 Plants for which you have to invest $42000 and get $6000 every 2-3 months.
This income structure shows that the company is expecting you to invest a significant amount of money to get any considerable profits. However, it is not sustainable because the profits are extremely limited compared to the amount of money CannerGrow is asking you to invest.
Referral Commissions
Referral commissions are an important part of CannerGrow like any other MLM company. There are five different levels in the referral commissions of CannerGrow.com. These levels are:
- Level 1, for which you will get a 5% commission on personally recruiting the affiliates.
- Level 2, for which you will get a 2% commission.
- Levels 3 to 5, for which you will get 1% commission.
Other than these bonuses, CannerGrow.com promises several other commissions to attract more investment. However, you should keep in mind that there is no proof that the company is actually capable of providing such profits. It is highly possible that CannerGrow is only making such claims to get investment. You might not even be able to recover the initial investment from the company.
Conclusion
Generally, the cannabis industry is already a difficult industry to find reliable investment opportunities. The fact that CannerGrow promises guaranteed profits to the affiliates is quite difficult to believe because it is a new company that does not provide any reliable information about its background.
Moreover, the primary focus of the company is on hiring affiliates instead of promoting its products. There is a very high chance that CannerGrow.com is completely relying on investment from the affiliates. It means that the company s a traditional Ponzi scheme that will collapse once the affiliates stop investing in the company.
You should also keep in mind that the company wants you to spend a considerable amount of money in the company before you can get access to any income opportunities. This shows that CannerGrow is using clever marketing techniques to make you invest in the company. It is not providing any guarantee of the profits that you might earn from the company.
Keeping all of these factors in mind, it would not be wrong to conclude that CannerGrow is not a suitable investment opportunity. You should avoid investing in this MLM scheme because there is a very high chance that you will end up losing your money. Instead, use the modern Forex trading bots that provide user-friendly strategies for you to earn money.