Welcome To My Review What Is CannerGrow?!
“Attention, Are You Looking For More Information On CannerGrow? You Are In The Right Place!”
Nowadays we see a lot of articles, reviews, testimonies, and ads everywhere online about Cannabis! I am going to provide you with an in-depth and detailed answer to the question What Is CannerGrow?
There are no doubts that the cannabis industry is a billion-dollar industry, and this industry continues to grow since many countries the restrictions are taken off.
CannerGrow is promising that they can help us make money if we invest in their Plant-Growing-Service.
You are here to find out whether CannerGrow is a scam or legit. Also, you are looking for some helpful information that will help you in your decision-making. Am I correct?
For sure, this review post will save you time!
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CannerGrow Review Summary
Product Name: CannerGrow
Founders: Sascha Adrian Waeschle, Levin Kim Amweg, Severin Jem Amweg, and Maik Marcel Pietrowski.
Launch Date: April 2019
Product Type: Investment Plan In Growing Cannabis, MLM Business Model.
Price: €500 To €50,000 (EUR) (At the time of writing this review)
Best For: In my opinion, CannerGrow is best for experienced network marketers and ready to take a risk without worrying much about their investment if they lose it.
Summary: CannerGrow is an MLM company that provides a business opportunity in which you can invest your money to grow cannabis and earn money.
Is CannerGrow Recommended? No
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Frequently Asked Questions – FAQ
Below you can find some frequently asked questions for your quick reference…
What Is CannerGrow All About?
- CannerGrow is an MLM company that provides a business opportunity in which you can invest your money to grow cannabis and earn money.
How Much CannerGrow Cost?
- €500 To €50,000 (EUR) (At the time of writing this review)
Is It Possible To Make Money By Joining CannerGrow?
- If you are an experienced Network Marketer, yes you can (at the moment).
Is CannerGrow A Scam?
Is There A Money-Back Guarantee With CannerGrow?
- No, I don’t think so.
Are You Recommending CannerGrow?
What’s Your Top Recommendation To Make Money Online?
- You can read my top recommendation below.
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One Important Thing I Noticed On Some Review Posts
Doing your research is the best way to find legit and genuine programs and stay away from scams.
Things changed nowadays; people are doing their research before joining any program or before buying a product, as you are doing now.
Unfortunately, they base their decision on the reviews they read. However, some people recommend the products in order to get their affiliate commission.
There are a few genuine review posts as well. So you need to do your homework.
I would like to inform you that I am in no way associated with CannerGrow and I am not promoting CannerGrow or trying to sell it.
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You can find the claims made on the CannerGrow sales video below…
- We offer the first and so far, only Plant-Growing-Service in the entire Cannabis industry.
- You don’t need to worry about anything as our experts do their job and take care of everything.
- The running costs will be subtracted from the harvest and split in 50% to the company and 50% to the customer.
Let’s see if CannerGrow lives up to these claims.
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What Is CannerGrow?
Based on their words…
- Cannergrow is a project founded by Cannerald which combines professional cultivation with an easy-to-use Customer-End-Web interface. We offer the first and so far, only Plant-Growing-Service in the entire Cannabis industry.
In a nutshell…
CannerGrow is an MLM company in the cannabis industry. They have the plantation in Switzerland and Macedonia.
They founded Cannerald before CannerGrow. Cannerald website is getting very, very low traffic. There are a lot of unanswered questions about Cannerald and why they started CannerGrow.
What Are The products offered By CannerGrow?
CannerGrow don’t have any actual products to sell just investment plans
However, the big revenue for the company is generated through recruitment that is a big red flag.
How CannerGrow Works?
CannerGrow grows Cannabis in their grow rooms. There is no product to sell. Normally, with an MLM business model, you will be provided with some products to sell. However, with CannerGrow literally, there is no product for you to sell.
All you need to do is join CannerGrow and invest in any of their plans. You can also refer other people to CannerGrow and earn commissions.
Sounds very simple and easy, right?
Please continue your reading to find out more information on CannerGrow.
The price ranges from €500 To €50,000 (EUR).
- 1 Plant – Invest €500 and earn up to €70 every 2-3 months.
- 10 Plants – Invest €500 and earn up to €700 every 2-3 months.
- 25 Plants – Invest €12,000 and earn up to €1750 every 2-3 months.
- 100 Plants – Invest €50,000 and earn up to €7000 every 2-3 months.
CannerGrow’s Compensation Plans
You have three ways to make money with CannerGrow.
- Returns for your investment
- Unilevel Compensation Plan
- Residual Income Bonus
Returns for your investment is explained in my previous topic. The below image tells you about the Unilevel Compensation Plan and Residual Income Bonus.
Residual income percentage…
Pro’s and Con’s
→ Cannabis Is A Billion Dollar And Growing Industry
→ Joining Cost Is Quite Expensive
→ MLM Success Rate Is Low
→ No Actual Product To Sell
→ People On The Top Make The Maximum Money And Most Of The Time People On The bottom Lose Their Money
Who’s CannerGrow For?
In my opinion, CannerGrow is best for experienced network marketers and ready to take a risk without worrying much about their investment if they lose it.
Is CannerGrow A Pyramid Scheme?
No, CannerGrow is not a pyramid scheme. Actually, CannerGrow doesn’t have products to sell just investment plans and it’s a bit concern for me.
Is CannerGrow A Scam?
I am not going to call CannerGrow a scam and the time will let you know. However, I don’t recommend CannerGrow for the below reasons…
Reason 1 – When Recruitment Stops Or Slowdown Things Will Collapse
The people on the top make more commissions and when the recruitment slows down, there won’t be any money to pay at that stage the company stops paying the commissions. The struggle begins…
Reason 2 – No Products To sell
Promoting products like this will become a big headache and we will feel guilty for joining people and they lost their hard-earned money because we referred them to a company that is not genuine.
Reason 3 – New Company
New company, “Cannergrow.com” website was registered in April 2019, and they are new.
Their previous site “Cannerald” stats are not impressive.
Reason 4 – Business Model
100’s of companies shut down with this business model. Return on Investment and MLM structure. Lost money with Cryptocurrency mining.
Personally, I joined one online share market company that promised that they would double my investment in less than 6 months.
To cut it short, that company is no more.
Reason 5 – No Guarantee
Read their disclaimer…
We calculated the expected value with an average price of 2 EUR per gram. This price can also go higher and lower, depending on the sales. We don’t guarantee a stable selling provider for your harvested CBD. We’re always trying our best for quality and sale purposes.
What do you think…
Reason 6 – CADT Token Sale
Nowadays, a lot of cryptocurrencies are introduced and most of them disappear within a few months.
I personally invested in Plexcoin and they are no more. 1000’s of people including myself lost our hard-earned money.
Reason 7 – Quite Expensive
Investment plans are quite expensive and are not affordable for everyone. Instead of spending money on this program, there are some better options.
Reason 8 – MLM’s Have Low Success Rate
Often people on the top ladder or who joined the company in the beginning stage make more money.
Also, studies and stats showing that the MLM’s have a low success rate.
Among the 26% of people who made money nearly 14% made less than $420 a month (less than $5000 per year). So you can see a very less number of people make money via the MLM business model.
For more information, you can read my post “Network Marketing vs Affiliate Marketing – Pros And Cons“.
Whatever you decide, I wish you all the very best!
Ready to take the risk?
For me, CannerGrow is a NO-NO because of many red flags.
If you still want to invest money with CannerGrow only invest the money, you can afford to lose.
Thanks for reading my review post!
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In my opinion, it is best to invest your time, effort, and money in building your Affiliate Marketing business. The good news is that it will cost you a lot less than CannerGrow.
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