CannTrade has recently broadened its marketplace online to offer support for two of its new markets: Ancillary Products and Wholesale Hemp/CBD. CannTrade is the superior sales technology in the trading of Cannabis at wholesale prices.
With the launch, CannTrade becomes the first-ever full-fledged B2B portal for best in class eCommerce services to all that businesses are dealing in Cannabis, Ancillary businesses and Hemp/CBD.
By reaching out to all the Hemp as well as Ancillary businesses, the company is endeavoring to create its first “Go-To” marketplace of the industry, offering the firms a place to transact and connect.
It is a hope for all the enterprises which have had bad experiences working with middlemen. These middlemen usually work in a non-transparent way inside the developing markets.
Along with the issuance of new markets of CannTrade, there have been some enticing opportunities coming up for the investors that can bring them onboard.
Around the end of January, CannTrade declared the release of a private offering for placement in line with Regulation Crowdfunding, which is implemented by the S.E.C. via MicroVentures.
The mission of CannTrade is to offer real businesses some real opportunities, as well as a platform optimized to offer the buyers the products that they are looking for.
CannTrade CEO Mark Restelli said that
After you list on most eCommerce platforms, there’s not much to do but sit and wait, hoping someone finds your product. We think it’s important to return results more quickly. The instant you list on CannTrade, you’ll receive actionable information on buyers looking for products like yours, and ways to make your listings more successful.
Karen Paull, Amazon’s The Marijuana Show, deemed CannTrade as a standout at MJBizCon, stating that, “I like how Canntrade takes a smaller percentage than its competitors. They verify the buyer, as that’s a big issue in the market. This cuts out brokers… were a lot of confusion and endless fees typically come from.”