Global Cannabis Holdings

The Green Rush Goes High-Tech: New Tokenized Investment Vehicle Seeks To Simplify Cannabis Investing With Blockchain

Editorial Team — Wed, 19 Apr 2023 12:20:03 +0000

Javier Hasse
Senior Contributor
A column about cannabis, hemp, CBD and psychedelics.

Global Cannabis Holdings (GCH) plans to launch the GCH Token, a new investment solution for the cannabis market. GCH owns equity stakes in 38 companies and projects in the industry and aims to make it easy and affordable for investors to enter the global cannabis market using this new tokenized investment instrument.

Ahead of the official announcement, sources have revealed exclusively that the GCH Token will leverage blockchain technology, showcasing a diversified assortment of cannabis businesses worldwide. Consequently, investors will have the chance to profit from the industry’s expansion while reducing exposure to individual companies or country-specific risks.

The Compliance Aspect

The GCH Tokens will be issued on STOKR, the leading primary issuance platform for digital securities. Established in 2018, STOKR operates under the supervision of the CSSF (financial services regulator) in Luxembourg, serving as a Virtual Assets Service Provider (VASP). STOKR’s core offering is its ability to provide unparalleled end-to-end tokenization support for financial instruments from institutional-grade investment vehicles in Luxembourg.

Through its advanced infrastructure and expertise, STOKR has enabled GCH to issue tokenized securities on the Liquid Network, a Bitcoin sidechain that offers faster transaction speeds and lower fees than the main Bitcoin network or Ethereum.

It’s worth noting that GCH tokens can only be held and traded by verified investors, and STOKR (as a VASP) provides the necessary verification support to GCH. This ensures that GCH knows at any given point in time who the holders of the GCH tokens are, providing added security and high-standard compliance.

It is also crucial to emphasize that the GCH Tokens are not accessible to U.S. persons due to capital market regulations, with the entire process strictly adhering to European Union Capital Market Laws. Due to legal constraints, GCH Tokens can only be issued when a new capital raise is conducted.

The GCH Token’s primary advantage, as explained by the team, lies in its diversified set of companies, which seeks to cover every main vertical of the cannabis sector. These companies and projects are selected at an early stage and according to their potential.

The Investment Criteria

GCH aims to prioritize those projects with scientific and transformative impact, beyond strictly productive angles. These projects are selected by a committee of experts, made up of actors from the start-up world, specialized in cannabis from a medical and scientific perspective.

Management explained that the cannabis market is remarkably varied, with applications spanning from medical and recreational uses to industrial functions such as the production of hempcrete, plastics and more. By investing in different verticals within this burgeoning market, GCH can capitalize on opportunities throughout the entire industry, management said.

But, what lies within its companies and projects?

GCH has consistently broadened the number of companies and projects in its portfolio over time, incorporating businesses from diverse countries and verticals of the cannabis industry, after a thorough revision by GCH’s investment committee. This approach is meant to enhance GCH’s valuation and, as a result, the token’s value.

All of the companies included in GCH’s holding, hold the necessary licenses to operate within this industry, and a significant number of them have already achieved post-revenue stages.

It is a GCH belief that is crucial to focus on research and development projects that promote the advancement of medicinal cannabis use. These projects have the potential to significantly improve the quality of life of individuals who suffer from illnesses and disorders that can be treated with cannabis.

“It is important for us to emphasize the significance of sustainable projects. By prioritizing sustainability, we ensure that our initiatives are designed efficiently and in a way that minimizes their impact on the environment, while also promoting corporate social responsibility,” said Andres Israel Naor, CEO and co-founder of CGH.

“Therefore, it is critical for the cannabis industry as a whole to prioritize sustainable research and development projects. This way, we can ensure a promising future for medicinal cannabis use, while also fostering social and environmental responsibility in the business sector. Together, we can work towards a more just, prosperous, and sustainable future,” he added.

Additional information about companies and projects is expected to be released soon.

By harnessing blockchain technology to tokenize its holding company’s equity, GCH aims to offer improved liquidity, accessibility, and transparency for investors. Keep an eye on this space for more updates on this and other news items from the cannabis space.

Javier Hasse

Senior Contributor

Javier Hasse is a cannabis, hemp, CBD and psychedelics-focused reporter, currently serving as head of content for Benzinga and CEO of Spanish-language news site El Planteo, a company he co-founded. His book, “Start Your Own Cannabis Business,” was published by Entrepreneur Media in 2018 and hit the #1 Best-Seller spot on Amazon.He is also a Senior Contributor on Forbes, and a member of the Rolling Stone Culture Council and Entrepreneur Media’s Entrepreneur Leadership Network VIP.As an award-winning reporter and editor, Javier’s had more than 5,000 unique articles in multiple languages published across numerous mass media outlets including CNN, Forbes, MSN, Chicago Tribune, CNBC, Yahoo Finance, Entrepreneur Magazine, MarketWatch, Rolling Stone, Houston Chronicle, The Street, Nasdaq, Morningstar, Playboy, Benzinga, MERRY JANE, High Times and many others.He was recently named in the High Times 100 list of most influential people in the cannabis space.Beyond cannabis, Javier is a published photographer and Billboard-charting rapper, featured on hip-hop albums that also included Wu-Tang Clan’s RZA and Inspectah Deck, Twista, Lil Windex, Riff Raff, Cyhi The Prynce, Yung Bleu, DJ Whoo Kid, Jonathan Hay, and others.

La entrada The Green Rush Goes High-Tech: New Tokenized Investment Vehicle Seeks To Simplify Cannabis Investing With Blockchain se publicó primero en Global Cannabis Holdings.

How to see your GCH tokens in MetaMask wallet

Editorial Team — Wed, 27 Jul 2022 13:26:42 +0000

This is an easy-to-follow guide to help you to display your GCH tokens in your MetaMask wallet.

1. Copy this TOKEN CONTRACT ADDRESS: 0xDB8BdaD2DD075E4680AC6C77cA5F769657F5cB07

Click Me to copy the token contract address

2. Go to your MetaMask wallet head over to the “IMPORT TOKENS” in the bottom right.

3. Once you’ve selected “IMPORT TOKENS” now fill out the “TOKEN CONTRACT ADDRESS” that you previously copied .

The next input field will be filled automatically. If not, leave the other input fields blank.

4. Once you’ve added all the requested information, you can go ahead and click “IMPORT TOKENS” and the GCH Tokens will be displays to your wallet.

5. Once you’ve added all the requested information, you can go ahead and click “IMPORT TOKENS” and the GCH Tokens will be displayed to your wallet.

We hope this guide has been useful. If you have any questions, please let us know at: support@globalcannabisholdings.lu

La entrada How to see your GCH tokens in MetaMask wallet se publicó primero en Global Cannabis Holdings.

Add Polygon Network to Your MetaMask

Editorial Team — Wed, 25 May 2022 12:58:59 +0000

Here is a step-by-step guide on how to connect MetaMask to Polygon Network

Once you’ve set up your MetaMask wallet, you simply need to add the Polygon network to your wallet so you can access it. To do that, we will open the side panel of our MetaMask wallet and click the “Expand view” option under the network drop menu on the top-right.

Simply head over to the network dropdown next to the circular logo and select “Add Network”.

You will be redirected to a new screen where you will be able to add a custom network.

You can also access this screen by heading over to the circular logo, accessing “Settings” and then heading over to “Networks” in the left pane.

Now fill out the details.

Enter in the Matic Mainnet settings as follows:

Network Name: Polygon

New RPC URL:

https://polygon-rpc.com or

https://rpc-mainnet.matic.network or

https://rpc-mainnet.maticvigil.com or

https://rpc-mainnet.matic.quiknode.pro

ChainID: 137
Symbol: MATIC
Block Explorer URL: https://polygonscan.com/

Once you’ve added all the requested information, you can go ahead and click “Save” and the network will be added to your wallet.

We hope this guide has been useful. Any questions then let us know at support@globalcannabisholdings.lu

La entrada Add Polygon Network to Your MetaMask se publicó primero en Global Cannabis Holdings.

How to create an ERC20 wallet

Editorial Team — Tue, 05 Apr 2022 13:01:30 +0000

This is an easy-to-follow guide to help you to create an ERC20 wallet using MetaMask.

Why do you need an ERC20 wallet?

Global Cannabis Holdings (GCH) issues tokens on the Ethereum blockchain, and for that you need an ERC20 compatible wallet where you and only you holds the private key to participate in token sales conducted on GCH platform. Once the trade settles, the smart contract will transfer the tokens to your Ethereum wallet address.
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‍Note: please do not pay from any exchange address.

‍There are plenty of ERC20 compatible wallets, such as MetaMask, MyEtherWallet, Mist. At GCH, we would recommend you to use MetaMask as it is the easiest to use. You can install the MetaMask add-on with browsers such as Chrome, Firefox, Opera, and Brave. It includes a secure identity vault, providing a user interface to manage your identities on different sites to sign blockchain transactions.

What is Metamask?

Metamask allows you to perform activities on the Ethereum blockchain without having to leave your browser. It provides you an easy and simplified access to run Ethereum dApps. Metamask works on Chrome, Firefox, Opera and Brave.

How do I setup a MetaMask account?

1. Install MetaMask extension:

To create a metamask account, you will need to install the Metamask Chrome extension. You can find it using this link (for Chrome) or by going to the Metamask website.

At the end of this step, you should have a Metamask extension in your browser looking like this:

2. Create a wallet:

Once you have added the extension, a window will automatically appear and display the next couple of steps to set up the account.

a. Click on the “get started” button to start the process:

b. To create your first wallet click on “Create a Wallet”. This will permit you to create your first Ethereum Wallet. If you already have a wallet but would like to set it up on Metamask, follow the “import wallet” button.

c. The terms and conditions page appears. Signing up to Metamask won’t be possible if the user does not click “I agree”. Make sure to read it through and understand the terms and conditions before accepting:

d. Next, create a Metamask vault password. Make sure to use a strong password that you will also remember.

e. In the next step, Metamask provides a video to show you how to secure your wallets. Clicking ‘Next’, you will be taken to the next step, where you can find your Secret Recovery Phrase by clicking on the indicated area. You will see 12 random words. This phrase will permit you to restore your account if one day you forget the password.

You will be instructed to store your phrase in a password manager like 1 Password as well as to write this phrase on a piece of paper and store it in a secure location.

f. In order to confirm your secret phrase, Metamask will require you to provide the phrase again, selecting the words in the right order. This will ensure them that (1) you have understood the principle behind the secret backup phrase, and (2) you have safely saved the phrase for any possible future use of it.

Once the phrase has successfully been made in the previous step, your vault/wallet is created and ready to be used. The following message will appear on your screen:

Your vault/wallet will look like this:

What can you do with this MetaMask wallet?

1. View Balance:

You can view the balance in the main account or the balance of any other account they have also set up with Metamask.

2. View the networks the account can navigate on:

You can view the networks to navigate on. There are a couple of networks such as “Main Ethereum Network”, “Ropsten Test Network”, etc. To get access to that, the user must click on the name of the network they are currently using, which is situated at the top middle of the window.

3. Wallet address

a. You can hover your mouse over the account name, a gray frame will appear. Clicking this area, your wallet address will be copied.

b. Or you can click on the “…” on the top right hand of the window. Then, select “Account details”.

This will give you access to the wallet address, the Etherscan, and the private key. You should know that the waller address is a series of 42 numbers and letters.

Copy the wallet address in either of the above ways and paste it into the “Ethereum Wallet” step in the GCH’s funnel.

If the user wants to double-check the wallet was correctly copied, they can check whether the last numbers of the wallet address are correct.
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Additionally, if you plan on creating more than one account, there is the possibility to rename these after completing the steps in the offering funnel. This can be done in the same window as before. Next to the account’s name, there is a little pen which gives the option to modify the name. Make sure to tick the checkbox before closing the window to save the new name.

If you decide to subscribe security tokens on the GCH platform, the option to use Metamask will be available. The only thing the user needs to do is:
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1. Click on the Metamask logo, the little fox, on the ‘Ethereum Wallet’ step.
2. Insert password
3. The wallet will then appear automatically on GCH’s platform.

At this point, you only need to click ‘continue’ once this has been completed, your wallet will be safely kept among your information for the security offering, and you will eventually receive your tokens on that wallet.

We hope this guide has been useful. Any questions then let us know at support@globalcannabisholdings.lu

La entrada How to create an ERC20 wallet se publicó primero en Global Cannabis Holdings.