Although CBD products have been around for quite some time, there will always be questions surrounding the products. What type of CBD is best? Is it safe? Does it get you high? The confusion is understandable given the unique nature of CBD products, but we, the experts, are here to set the record straight and answer all of your burning questions.
As stated on our website, “Chow420 is a blockchain-powered cannabis ecosystem (smart marketplace + network of automated dispensaries) built to simplify and facilitate trade amongst all stakeholders in the Hemp and CBD industry (Federally Legal Cannabis Products) with an emphasis on trust, customer safety, compliance, and convenience.” We offer gummies, oils, topical creams, and more so you can get the best CBD for your specific needs. We are the leading experts in the CBD industry, so you are in the best place to have your questions answered.
Before we can answer the common questions about CBD, it’s crucial that you understand exactly what CBD is. According to Healthline, “Cannabidiol is a popular natural remedy used for many common ailments. Better known as CBD, it is one of over 100 chemical compounds known as cannabinoids found in the cannabis or marijuana plant, Cannabis sativa.” Most products are made by extracting CBD from the cannabis plant, then it is diluted and made into gummies, oils, topical creams, etc. People then use it to treat symptoms of anxiety, pain, or even seizures.
Now that you have a background on what CBD is, let’s get into five of the most common questions we get as experts in the CBD industry.
1. Does CBD get you high?
No – CBD should not get you high if it’s good quality. CBD is different from marijuana because it does not have the psychoactive properties of THC.
While THC products can be used to help treat pain and anxiety, they can alter your state of mind and cause you to become addicted in some cases. CBD is great because it helps with relaxation, pain relief, and anxiety without affecting your brain.
2. What form of CBD should I take?
The short answer: it depends. There are so many different CBD products on the market that are great for different things, and everyone has their own preferences. For example, oils and edibles are widely used to treat symptoms of stress and anxiety. Topical creams are common in helping people find relief from pain.
The type of CBD you use really depends on two things – first, your goals, and second, your preferences. Many people will order a few different CBD products to try so they can find and stick with their favorite, and we would recommend doing the same.
3. Is CBD safe for everyone?
CBD is a natural compound and is safe for most people. However, if you are undergoing any type of treatment or if you are currently taking medication, you should consider speaking with your doctor before you purchase any CBD products.
Your doctor can tell you whether it’s safe to take with the medications you are on or whether it will be a good addition to your treatment plan. Additionally, it’s important to let your doctor know whenever you start taking a new supplement so they can have it on their records.
4. Does CBD show up in drug tests?
If you have a good, high quality CBD product, it should not show up on a drug test. However, there are instances where it can happen – traces of THC can be found in many CBD products, but the doses are so small that even a drug test will most likely not pick up on it.
Drug tests are designed to detect THC, so it is possible but unlikely that your CBD products will show up.
5. How do I know if I’m getting the best CBD products?
There are a few different ways to know if you’re getting the best CBD products. First, you’ll want to look at the ingredients. If they are natural, clean, and minimal, the product is most likely a good one. The shorter the ingredient list, the better. Next, you can tell if a CBD product is good based on the company’s reputation and product reviews. Highly-rated CBD products with honest customer reviews are usually a safe choice.
Finally, the company should have third-party test results available for their customers to read on every one of their products. Third-party testing lets customers know that the CBD product they are about to buy is safe and effective.
At Chow 420, we have a wide variety of products so you’re sure to find something that works for you and your lifestyle. All of our products are third-party tested for your safety, and when you shop with us, you can have peace of mind knowing that you are getting the highest quality CBD products.
Visit our website today to browse our different products and see which ones would be the right fit for you. We have everything from oils to edibles, so there is something for everyone at Chow 420. If you have any questions about which products to get, don’t hesitate to reach out. We are happy to answer any more questions you have.
As society has learned over the past few years, there are so many different benefits to using CBD. If you have researched CBD products in the past, you are already aware that they can help with anxiety, relaxation, pain relief, and more. CBD has been increasing in popularity over the years, but more recently, people have started to see the benefits of adding CBD into their daily workout and training routines.
Whether you are looking for performance enhancement, better recovery, or both, there are many benefits that come from using CBD. If you want to become a better athlete, meet your fitness goals, or simply make your workout routine more enjoyable, there are products that can help with it all.
For example, edibles can help increase your focus, topical creams can soothe sore muscles and help them recover faster, and oils can help you relax and get a great night’s sleep. Here are a few more detailed ways you can benefit from adding CBD to your workout routine.
1. CBD can promote focus during your workouts
Taking certain CBD products from Chow 420 15-20 minutes before your workout can help you increase your focus and get a better workout overall. When your mind is clear and your nerves are calm, you are able to really be in the moment and focus on the muscles you are working out. Whether you’re doing high-intensity interval training, strength training, running, or other forms of cardio, having extra focus can help you get better results overall.
If you would like to browse some CBD products that help promote focus, click here to see some of our favorites.
2. CBD helps with relaxation pre and post-workout
If you’re just starting out with your workout routine at the gym, it can be intimidating. There are machines everywhere, you might feel a little self-conscious, and you most likely won’t know exactly what you’re doing at first. That’s perfectly normal and okay – however, it can be discouraging when you’re nervous to go to the gym and those nerves can hold you back from reaching your goals. Consuming CBD products can help you relax and go into your workout with confidence.
Relaxing is also important after your workout. When you work your body hard, recovery is the key to reaching your goals and becoming stronger. It can be hard to relax on your own after a workout, but taking the right CBD products can help. Click here for a few of our favorite relaxation recommendations.
3. CBD promotes better sleep
Sleep is an important part of the recovery process when you have a rigorous workout routine. Your body and mind need time to rest, and when you aren’t getting a good night’s sleep, your goals will take longer to achieve and you won’t be able to get the most out of your workout the next day. When you go to sleep, your body should completely recharge. If you’re not feeling refreshed when you wake up in the morning, it could be because you aren’t getting enough rest during the night.
Taking the right CBD products at night can help you get the rest you need to take on the next day. There are millions of people who struggle with getting enough sleep, and these supplements could be a game-changer for your fitness goals as well as your quality of life.
4. CBD helps your body recover faster
Muscle recovery is a major part of any workout routine. Whether you are weight training, cardio training, or high-intensity interval training, your muscles are working hard and need to recover. Recovery time can prolong your fitness goals because of the downtime you’ll need to take, but it is necessary in order to meet those goals. However, taking CBD can help your muscles recover faster, which allows you to get back to your workout routine faster.
The type of CBD products you’ll want to take for recovery depends on what you personally need to do in order to get the best results. If you need better sleep, take CBD products that help with sleep. If you need help relaxing, take CBD products that help with stress – there are so many different options with different benefits, and you can test them to see what works best for you.
5. You get more out of your workout routine
CBD products are great for so many different reasons, and when it comes to working out, they simply help you get more out of your routine overall. With faster recovery, more focus, and better rest in between workouts, you can reach your fitness goals faster than you thought possible.
If you are thinking of adding CBD into your workout routine and you currently take other supplements or medications, check with your doctor to make sure CBD is right for you. At Chow 420, we have a wide variety of products so you’re sure to find something that works for you and your lifestyle. All of our products are third-party tested for your safety, and when you shop with us, you can have peace of mind knowing that you are getting the highest quality CBD products.
Visit our website today to browse our different products and see which ones would be the right fit for you. We have everything from oils to edibles, so there is something for everyone at Chow 420. If you have any questions about which products would be right for you and your workout routine, don’t hesitate to reach out. We are happy to help with whatever you need.
If you are familiar with CBD, you know that it is a widely-used natural supplement used to treat different types of pain ranging from mild to severe. Many people who use it have reported great results, and it’s understandable why someone would want a natural remedy for sore muscles, chronic pain, arthritis, or other types of pain.
Before we get into exactly how to use CBD for pain, it’s important to understand what CBD is. According to Healthline, “Cannabidiol is a popular natural remedy used for many common ailments. Better known as CBD, it is one of over 100 chemical compounds known as cannabinoids found in the cannabis or marijuana plant, Cannabis sativa.” Most products are made by extracting CBD from the cannabis plant, then it is diluted and made into gummies, oils, topical creams, etc.
Aside from pain, people use CBD to treat symptoms of anxiety, relieve stress, help with sleep, and lessen the effects of seizures. CBD is a multi-purpose supplement that many people have implemented into their daily routines over the past few years. As CBD has become more widely used and accepted, there have been more reports of positive results – leading others to find relief through the use of CBD.
At Chow 420, we offer the very best quality CBD products on the market with a wide variety of options – whether you want oils, tinctures, lotions, or edibles, we have you covered. Our website is set up so you can shop the CBD products that will help with your specific needs as well. All of our products are third-party tested and you can read the lab results on our website so you can have peace of mind knowing that you are getting the best of the best products. If you want to shop our CBD products that help with pain, click here.
Now that you have a background on CBD, here are a few of the most common ways people use it to find pain relief.
1. Under the Tongue
Distributing CBD oil or tinctures under your tongue is the fastest way to find pain relief. When you put it under your tongue, it gets into your bloodstream faster, which gives you quicker relief. You can usually feel your pain start to lessen within 5 to 15 minutes with this method, which is great if you are in a pinch and need to feel relief as soon as possible. The only downside is that some CBD oils and tinctures have strong flavors – if you can get past that though, this will be a great option for pain relief.
2. Food, Drinks, and Capsules
Another way to treat your pain with CBD products is to put it in your food, drinks, or take it in capsule or gummy form. This won’t give you relief as fast as putting it under your tongue will, but it’s a great option if you don’t like the flavor of CBD or you would rather take it with your daily vitamins. It can take up to two hours to start providing relief, but if you can wait a little while, taking CBD this way can be a great option for you.
3. Creams or Lotions
At Chow 420, we offer CBD-infused creams and lotions so you can apply them topically directly to the area where you are experiencing pain. If you are an athlete, have arthritis, experience joint pain, or your pain is typically in one concentrated area on your body, topical creams and lotions can be one of the best options for you. It does take a little longer to work than putting oils or tinctures under your tongue, but it can provide amazing results and bring relief.
No matter where your pain is coming from, you deserve to feel relief. CBD products have helped millions of people worldwide get out of pain and get back to living their normal lives, and it could be the answer you are looking for too. As always, if you are on any other medications, be sure to check with your doctor to know if CBD is right for you. Adding it to your treatment plan can give you the resources you need to get rid of your pain.
Chow 420 offers only the best CBD products. Our high quality ingredients, positive customer reviews, and thorough third-party testing can give you peace of mind knowing that your CBD is the best on the market. If you have any questions or concerns about purchasing CBD from Chow 420, please feel free to reach out. We are happy to help with whatever you need.
Sources:
https://remedycolumbia.com/how-to-use-cbd-oil-for-pain-relief/
https://www.healthline.com/nutrition/cbd-oil-benefits
Chow420 has built a first of its kind certification standard on the Binance blockchain network.
Hemp CBD startup, Chow420 is taking the market by storm after raising $1 million in seed funding and has now built a blockchain-powered cannabis ecosystem to simplify and facilitate trade amongst all stakeholders in the Hemp and CBD industry.
Unlike pharmaceuticals, it is incredibly difficult to create a consistent cannabis product as small changes in the growing process affect the nature of the plant and the final product. Another challenge is the lack of FDA regulation, which has led to opportunistic actors taking advantage of the fast-growing, but relatively under-developed market, at the expense of consumer safety. Chow420 is solving these challenges, head-on, by building a first of its kind certification standard on the Binance blockchain network.
Last year, Chow420 completed their smart online marketplace, onboarding more than 500 companies like Hempbase, Windy Hill Hemp, Koi and Absolute Nature CBD, who produce high-quality products. “Chow420 has turned out to be one of the best business decisions we have made,” shared Windy Hill Hemp President, Kristy Redmon, R.ph. “With Chow’s online age-verification and automated state-compliance, we are assured that 100% of our customers are of legal age and that we are meeting all state regulations. Chow even provides real-time sales tax calculations, which is no small feat given Colorado’s complex multi-jurisdictional tax requirements.” added Kristy.
In combination with their automated dispensaries launching in malls this Fall, Chow420 is bringing trust, compliance, and convenience to an emergent, but nascent industry, characterized by regulatory gaps, which is predicted to be worth $20 billion by 2024 (Forbes, 2019). “Our goal is to provide the industry with a robust offering that uses blockchain and a combination of physical and online tools to promote best practices in the manufacturing, testing, and retail segments of the CBD Industry,” shared Chow420 CEO & Cofounder, David Obasiolu.
This endeavor by Chow420 is against the backdrop of rampant product misrepresentation in the CBD industry. A CBD market intelligence report by category testing experts, Ellipse Analytics discovered over 70% of the 240 top selling hemp CBD products in the market to be contaminated with heavy metals like lead and arsenic, pesticides, toxic mold, and other dangerous impurities. Such a trend demands a framework for content verification to ensure customer safety.
Using blockchain technology, Chow420 aims to provide unique digital identities for certified products by creating verifiable, unforgeable records. Chow420’s verification protocols check the veracity of COAs (certificates of analysis) against the databases of testing laboratories and communicate discrepancies to relevant parties. Successful outcomes are then embedded on the Binance network to reinforce customer safety, verify the source products, and enforce the accuracy of product labels for all listed products on Chow420.
Chow420 will also be launching their Chow Pods this Fall. These fully automated, zero-contact dispensaries with electronic age verification will allow customers to purchase products with just their smartphone. Chow420 will be launching their automated stores and kiosks in seven locations this fall after signing a deal with major mall real estate companies, Simon Property Group and PREIT. The locations are as follows:
Mall at Prince George – Hyattsville, MD
Cumberland Mall – Vineland, NJ
Philadelphia Mills Mall – Philadelphia, PA
Quakerbridge Mall – Lawrenceville, NJ
Lehigh Valley Mall – Fullerton, PA
Smith Haven Mall – Lake Grove, NY
Mills at Jersey Gardens – Elizabeth, NJ
To support Chow420’s ambitious blockchain technology and retail expansion efforts, a second round of fundraising has resumed on the StartEngine crowdfunding platform. Backed by over 2,000 investors, the company has positioned itself as a smart ecosystem made up of fully automated dispensaries and an online marketplace that seamlessly connects retailers with customers in the most compliant and transparent way.
INTRODUCTION
Chow420 is a blockchain-powered cannabis ecosystem (smart marketplace + network of automated dispensaries) built to simplify and facilitate trade amongst all stakeholders in the Hemp and CBD industry (Federally Legal Cannabis Products) with an emphasis on trust, customer safety, compliance, and convenience.
OVERVIEW OF PROBLEM
Currently, there is no regulation of CBD beyond the legal definition of permitted THC content. Outside some isolated examples, in the medical sphere, there is no stringent monitoring of what is sold by vendors to end-users. A 2017 Penn Medicine study found out that over 70% of CBD products are mislabelled (Penn Study Shows Nearly 70 Percent of Cannabidiol Extracts Sold Online Are Mislabeled - Penn Medicine, 2017). According to a new investigative report from Ellipse Analytics and CBS Austin, 70% of the 240 top-selling hemp CBD products available online or in non-dispensary retailers tested positive for heavy metals like lead and arsenic, concentrated chemical pesticides, toxic mold, and other potentially dangerous impurities. (Merry Jane, 2019)
Consumer safety becomes an issue at this juncture. Given the trend of CBD consumption for the purposes of mitigating issues associated with pain relief, insomnia, and anxiety, mismatches in content can have serious consequences for consumers (Single Care, 2020). Product verification is also needed for casual consumption as usage rates among adults register a higher incidence.
Chow420 is an ecosystem for CBD products that is built on an unforgeable certification standard for cannabis and CBD products on the Binance blockchain network. Chow420's internal verification protocols ascertain the veracity of vendor COAs (certificates of analysis) against the databases of testing laboratories and communicate discrepancies to relevant parties. Successful outcomes are published on Chow420.com and embedded on the Binance network to reinforce customer trust, verify the source products and enforce the accuracy of product labels.
KEY HIGHLIGHTS
1. Safety and Transparency
At Chow, we vet over 200 brands and 1000 products to maintain high quality at all times. We require retailers and brands to publicly display information and third-party lab test results and only about 25% of CBD products pass our rigorous vetting and verification process.
2. Automated Compliance
Compliance is our top priority. Most retailers online only care about making a sale, even when the customers' state laws do not allow those products, and some retailers do not have the time and resources to keep up with everchanging cannabis laws. At Chow, we automate your compliance with your state hemp laws and age requirements in real-time.
3. Convenience and Variety
Our goal is to always have a selection of trusted products for you to shop from. At Chow, you can shop and compare all your favorite CBD brands in one place and get free 3-day shipping on all Chow's Choice products.
https://www.nasdaq.com/articles/invest-in-chow420-for-the-high-growth-of-cbd-and-smart-retail-markets-2020-07-20
Chow420 is a company that is building a one-stop marketplace for the thriving CBD market, both online and offline with automated dispensaries. The CBD market is a new market with a relatively light regulatory framework, which poses risks. But it also has a projected growth that can make someone to invest in Chow420 worth considering.
In another article about the fast-growing CBD market and Buzzn, we mentioned that competition in the CBD market will be intense, but specialized investment opportunities will arise. You can now invest in Chow420 with an active campaign on StartEngine.
There are three main reasons why you should consider investing in Chow420:
1. The market growth
2. The high profit margins
3. The diversified business model
Before analyzing these reasons to invest in Chow420 in greater detail, it is essential to mention the products. We should also note that, in addition to investing in Chow420 stock, interested groups can also become a business partner of Chow420, generating revenue running an automated dispensary.
The Chow Products and the Online Marketplace
The online shop of Chow offers a variety of CBD products and a plethora of categories to choose products from. Some of the notable categories are:
• Accessories
• Drinks
• Oils
• Pets
• Skincare
There is a large pool of products, and you can shop online by brand or by category, look at that day’s deals or check out some groups of products based on your age.
There are two main age categories, one for those over 18 and the second for those over 21. There are featured dispensaries, and you can sell on Chow or become an owner and operator of an automated dispensary.
The good news is that Chow will do the marketing for you, which is solving a major problem of any online or offline business — getting traffic, and making sales.
The Market Growth Potential
An article on Yahoo Finance is supportive of the fast-growing CBD market, pointing out that the Brightfield Group research firm sees fast growth at least until 2022. “Now that larger retailers are already putting together their plans for what CBD products to carry, we expect the CBD market to hit $22 billion by 2022,” said Brightfield Group Director of Research Bethany Gomez in the article.
Chow is looking to operate at the intersection of not one but three billion-dollar industries:
The herbal supplement industry
The anxiety economy
The legal cannabis industry
Besides, Chow will operate in the smart retail market. A report on MarketsandMarkets is indicative of the fast growth expected for the next five years. According to the article:
All-new World Reimagined podcast
Listen Now
InvestorPlace - Stock Market News, Stock Advice & Trading Tips
Chow420 is a company that is building a one-stop marketplace for the thriving CBD market, both online and offline with automated dispensaries. The CBD market is a new market with a relatively light regulatory framework, which poses risks. But it also has a projected growth that can make someone to invest in Chow420 worth considering.
Marijuana plants growing in a greenhouse.
Source: Shutterstock
In another article about the fast-growing CBD market and Buzzn, we mentioned that competition in the CBD market will be intense, but specialized investment opportunities will arise. You can now invest in Chow420 with an active campaign on StartEngine.
There are three main reasons why you should consider investing in Chow420:
Sponsored Links
The genius shopping trick every Prime Member should know
Capital One Shopping
The market growth
The high profit margins
The diversified business model
Before analyzing these reasons to invest in Chow420 in greater detail, it is essential to mention the products. We should also note that, in addition to investing in Chow420 stock, interested groups can also become a business partner of Chow420, generating revenue running an automated dispensary.
The Chow Products and the Online Marketplace
The online shop of Chow offers a variety of CBD products and a plethora of categories to choose products from. Some of the notable categories are:
• Accessories
• Drinks
• Oils
• Pets
• Skincare
There is a large pool of products, and you can shop online by brand or by category, look at that day’s deals or check out some groups of products based on your age.
8 Social Media Stocks to Buy or Sell
There are two main age categories, one for those over 18 and the second for those over 21. There are featured dispensaries, and you can sell on Chow or become an owner and operator of an automated dispensary.
The good news is that Chow will do the marketing for you, which is solving a major problem of any online or offline business — getting traffic, and making sales.
The Market Growth Potential
An article on Yahoo Finance is supportive of the fast-growing CBD market, pointing out that the Brightfield Group research firm sees fast growth at least until 2022. “Now that larger retailers are already putting together their plans for what CBD products to carry, we expect the CBD market to hit $22 billion by 2022,” said Brightfield Group Director of Research Bethany Gomez in the article.
Chow is looking to operate at the intersection of not one but three billion-dollar industries:
The herbal supplement industry
The anxiety economy
The legal cannabis industry
Besides, Chow will operate in the smart retail market. A report on MarketsandMarkets is indicative of the fast growth expected for the next five years. According to the article:
“The global smart retail market is estimated to grow from USD 21.6 billion in 2020 to USD 62.5 billion by 2025, growing at a CAGR of 23.6%. The key factors fueling the growth of this market are the increasing use of robots and automation to offer shopping convenience to customers and the rising adoption of big data analytics, machine learning, blockchain, and artificial intelligence technologies by retailers.”
The High Profit Margins Support the Attractive Business Opportunity
The company reports on StartEngine that there are high-yield partnerships “with over 200 plus leading brands in the industry, some of which allow us to make 387% of our cost price on each product we sell.” While these extremely high profit margins may face hard times due to forthcoming competition in the CBD market by other companies, for now they can provide another support to invest in Chow420.
Other than the high profit margins, Chow had developed a well-thought-out business plan that provides diversification and supports continued revenue generation. For starters, the company earns a 12% fee on all online sales.
Then there is the market opportunity to provide physical retail solutions for CBD business. Chow sells ChowPods automated machines at an average cost of $15,000 per machine sold.
The pandemic has caused severe changes in our daily lives, providing business opportunities for the companies that are well-prepared to present solutions to challenges that can disrupt the global economy. Chow is now working on developing RAAS (Retail as a service), a solution called Chowgo in 2021. By copying the WeWork business model, Chow will invest in commercial real estate, buying office buildings and transforming them into smaller offices renting them and generating two sources of revenue. First from the rents, and second by the products sold via the automated machines. It seems a clever idea and could add additional revenue over time.
Should you Invest in Chow420?
The company has raised over $635,000 and the minimum investment amount is only $189 with the company share price at 63 cents and a valuation of $5.04 million. There are even bonus rewards for those investing more in Chow420. I like the market growth potential and the business model, and although I place a lot on the importance of the high profit margins, I am skeptical about their sustainability.
I believe there is plenty of potential for Chow420, but this type of investment carries a lot of risks and is only suitable for investors with a high risk tolerance, having performed due diligence on this investment. Yet the growth of the cannabis market can offer investment opportunities for a well-diversified portfolio.
As of this writing, Stavros Georgiadis, CFA did not hold a position in any of the aforementioned securities.
All-new World Reimagined podcast
Listen Now
InvestorPlace - Stock Market News, Stock Advice & Trading Tips
Chow420 is a company that is building a one-stop marketplace for the thriving CBD market, both online and offline with automated dispensaries. The CBD market is a new market with a relatively light regulatory framework, which poses risks. But it also has a projected growth that can make someone to invest in Chow420 worth considering.
Marijuana plants growing in a greenhouse.
Source: Shutterstock
In another article about the fast-growing CBD market and Buzzn, we mentioned that competition in the CBD market will be intense, but specialized investment opportunities will arise. You can now invest in Chow420 with an active campaign on StartEngine.
There are three main reasons why you should consider investing in Chow420:
Sponsored Links
The genius shopping trick every Prime Member should know
Capital One Shopping
The market growth
The high profit margins
The diversified business model
Before analyzing these reasons to invest in Chow420 in greater detail, it is essential to mention the products. We should also note that, in addition to investing in Chow420 stock, interested groups can also become a business partner of Chow420, generating revenue running an automated dispensary.
The Chow Products and the Online Marketplace
The online shop of Chow offers a variety of CBD products and a plethora of categories to choose products from. Some of the notable categories are:
• Accessories
• Drinks
• Oils
• Pets
• Skincare
There is a large pool of products, and you can shop online by brand or by category, look at that day’s deals or check out some groups of products based on your age.
8 Social Media Stocks to Buy or Sell
There are two main age categories, one for those over 18 and the second for those over 21. There are featured dispensaries, and you can sell on Chow or become an owner and operator of an automated dispensary.
The good news is that Chow will do the marketing for you, which is solving a major problem of any online or offline business — getting traffic, and making sales.
The Market Growth Potential
An article on Yahoo Finance is supportive of the fast-growing CBD market, pointing out that the Brightfield Group research firm sees fast growth at least until 2022. “Now that larger retailers are already putting together their plans for what CBD products to carry, we expect the CBD market to hit $22 billion by 2022,” said Brightfield Group Director of Research Bethany Gomez in the article.
Chow is looking to operate at the intersection of not one but three billion-dollar industries:
The herbal supplement industry
The anxiety economy
The legal cannabis industry
Besides, Chow will operate in the smart retail market. A report on MarketsandMarkets is indicative of the fast growth expected for the next five years. According to the article:
“The global smart retail market is estimated to grow from USD 21.6 billion in 2020 to USD 62.5 billion by 2025, growing at a CAGR of 23.6%. The key factors fueling the growth of this market are the increasing use of robots and automation to offer shopping convenience to customers and the rising adoption of big data analytics, machine learning, blockchain, and artificial intelligence technologies by retailers.”
The High Profit Margins Support the Attractive Business Opportunity
The company reports on StartEngine that there are high-yield partnerships “with over 200 plus leading brands in the industry, some of which allow us to make 387% of our cost price on each product we sell.” While these extremely high profit margins may face hard times due to forthcoming competition in the CBD market by other companies, for now they can provide another support to invest in Chow420.
Other than the high profit margins, Chow had developed a well-thought-out business plan that provides diversification and supports continued revenue generation. For starters, the company earns a 12% fee on all online sales.
Then there is the market opportunity to provide physical retail solutions for CBD business. Chow sells ChowPods automated machines at an average cost of $15,000 per machine sold.
The pandemic has caused severe changes in our daily lives, providing business opportunities for the companies that are well-prepared to present solutions to challenges that can disrupt the global economy. Chow is now working on developing RAAS (Retail as a service), a solution called Chowgo in 2021. By copying the WeWork business model, Chow will invest in commercial real estate, buying office buildings and transforming them into smaller offices renting them and generating two sources of revenue. First from the rents, and second by the products sold via the automated machines. It seems a clever idea and could add additional revenue over time.
Should you Invest in Chow420?
The company has raised over $635,000 and the minimum investment amount is only $189 with the company share price at 63 cents and a valuation of $5.04 million. There are even bonus rewards for those investing more in Chow420. I like the market growth potential and the business model, and although I place a lot on the importance of the high profit margins, I am skeptical about their sustainability.
I believe there is plenty of potential for Chow420, but this type of investment carries a lot of risks and is only suitable for investors with a high risk tolerance, having performed due diligence on this investment. Yet the growth of the cannabis market can offer investment opportunities for a well-diversified portfolio.
As of this writing, Stavros Georgiadis, CFA did not hold a position in any of the aforementioned securities.
Investing through equity and real estate crowdfunding or asset tokenization requires a high degree of risk tolerance. Despite what individual companies may promise, there’s always the chance of losing a portion, or the entirety, of your investment. These risks include:
1) Greater chance of failure
2) Risk of fraudulent activity
3) Lack of liquidity
4) Economic downturns
5) Dearth of investor education
https://www.techtimes.com/articles/253463/20201019/chow420-raises-1m-in-seed-funding-to-automate-compliance-for-the-cbd-industry.htm
Technology has undoubtedly become an indispensable part of our lives; From ordering a cup of coffee to getting around in driverless vehicles and everything in between, the age of the tech entrepreneur has seen humanity become more connected than ever before.
In every field there are key examples of how cutting-edge innovations are successfully reimagining entire industries. When it comes to the CBD industry - one of America´s most promising - people like David Obasiolu, founder of Chow420 are leading the way as part of an ongoing technological revolution set to effect an industry which is projected to continue showing double digit growth in 2021; With research firm Brightfield Group expecting America´s hemp-based CBD market to surpass $12 billion by 2023.
As consumer habits continue undergoing a series of shifts, many have found that successfully navigating the regulatory environment can be a real challenge, and one that slows down commercial activity. For small and large business owners alike, being able to service nationwide customers who might prefer a particular CBD brand or product proved to be nothing short of an epic endeavor.
Given the fact that individual state CBD laws differ from each other, it is often complicated for CBD retailers to stay compliant online. However, Chow's founder, David Obasiolu has devised a way to automate compliance for both CBD retailers and customers by combining their age, location and state laws on Chow420's marketplace, helping democratize the space and allowing users and suppliers to connect like never before; Which in turn has made the company become a hot topic amongst institutional and retail investors alike.
Given the fact that explosive growth within the CBD industry has prompted the creation and marketing of countless brands, Chow's marketplace provides optimal transparency between retailers and customers by enforcing the public display of all necessary information about products from product content to lab results. By doing this, Chow believes they will be able to deliver the highest quality products for customers on a daily basis through retailers on the platform.
David has always stressed the importance of details, so it should come as no surprise that thanks to Chow420´S user-friendly interface and superior technology, for the first time online, customers can now learn about CBD, shop CBD and comply with all state laws and regulations online in real time. That ́s what makes Chow420 a game changer which expert analysts have predicted will be a driving force for extending e-commerce to all restricted sectors with a high level compliance in mind.
In a recent interview, founder David Obasiolu discussed the vision behind the company:
1. What has been your biggest milestone or achievement to date as the founder of Chow420?
The most significant milestone for Chow420 has been the compliance algorithm. Compliance with State laws and regulations is the biggest challenge that cannabis eCommerce stores face daily. Chow420 is an end-to-end platform that is paving the way for the CBD market. With the use of smart identities, the Chow420 algorithm promotes the acceptance and transparency of the marketplace with regulatory bodies online.
2. How do you believe the use of your technology will impact the CBD market as a whole?
Chow420 brings integrity for both customers and dispensaries involved in CBD transactions online. Our goal at Chow420 is to ensure that all CBD products sold through the Chow420 platform are safe and legal for use.
3. How did the company get its start, and where do you see it going?
We started small through an automated dispensary and an online marketplace. However, the pandemic emphasized challenges surrounding operational restrictions for CBD retailers online. With most of the market transferring to e-commerce stores, the team saw an opportunity to bridge the gap between CBD dispensaries and regulatory bodies. The goal at Chow420 is to become the go-to place for the emerging billion-dollar CBD industry.
https://finance.yahoo.com/news/chow420-revolutionizing-cbd-market-automated-142722691.htm
It is no secret that every major global market is currently undergoing a massive restructuring; Industries that used to lead the pack have quickly and ruthlessly been replaced by a new wave of unbridled entrepreneurship – fit for the digital age.
Set against the backdrop of increasingly promising indicators within the burgeoning field of CBD we find Chow420, an exciting CBD one-stop shop supported by a strong ecosystem of businesses and enthusiasts.
With a clear mission to lead the way and enhance the thriving industry by providing an end-to-end compliance driven e-commerce marketplace that helps businesses comply with state laws and regulations online in a frictionless way, Chow is primed to become a key player in the CBD space.
According to a 2019 Consumer Reports CBD survey 40% of people ages 18-29 have tried CBD – these staggering numbers hold the promise of entrepreneurial prosperity – however, success isn´t guaranteed.
Given the fact that individual state CBD laws differ from each other, it is difficult for CBD retailers to stay compliant online. However, Chow's founder, David Obasiolu has devised a way to automate compliance for both CBD retailers and customers by combining their age, location and state laws on Chow420's marketplace, effectively breaking down commercial barriers and democratizing the space; Which in turn has made the company become a hot topic amongst institutional and retail investors alike.
With the over-saturation of the CBD market in mind, Chow’s marketplace provides optimal transparency between retailers and customers by enforcing the public display of all necessary information about products from product content to lab results. By doing this, Chow believes they will be able to deliver the highest quality products for customers on a daily basis through retailers on the platform.
Thanks to its user-friendly interface and cutting edge technology, for the first time online, customers can now learn about CBD, shop CBD and comply with all state laws and regulations online in real time. That´s what makes Chow420 a game changer which expert analysts have predicted will be a driving force for extending e-commerce to all restricted sectors with a high level compliance in mind.
Mr. Obasiolu granted us an interview in which he explains some of the qualities that have made his company synonymous with the future of CBD:
1. What would you say are the main qualities that have made Chow420 such an attractive company for investors and venture capitalists?
With the use of a cybersecurity access control law, known as the principle the of least privilege, we have devised an algorithm to automate compliance for both CBD retailers and customers by combining their age, location, and state laws on Chow420's marketplace.
2. What makes the Chow420 retail ecosystem different from its competitors in the CBD space?
Chow420 is the first online platform to automate compliance for both retailers and customers online. For the first time online, CBD customers can now learn about CBD, shop CBD, and comply with all state CBD laws and regulations online in real time.
3. As the industry continues to expand rapidly, what are some of your corporate priorities for the upcoming quarters?
Chow420 is the first cannabis compliance company to raise over $1 million in seed capital online (startengine.com/chow). At Chow420, we strongly believe in the future of cannabis, and being that e-commerce is the future of retail, e-commerce will account for a majority of cannabis sales in the future. But for this to happen, there has to be adaptive compliance online. For the next 3 quarters, the goal at Chow420 is to onboard as many as 10,000 dispensaries and retailers that support anywhere from 100,000 to 1 million customers online in a compliant way.
https://www.laweekly.com/chow420-sets-its-sights-on-solving-the-trust-and-safety-problem-in-the-hemp-cbd-market-with-blockchain-technology/
Startup, Chow420 is taking the market by storm. After concluding a successful raise of $1 million in seed funding, the company has built arguably the first blockchain-powered ecosystem to simplify and facilitate trade amongst all stakeholders in the hemp industry. Unlike pharmaceuticals, it is incredibly difficult to create a consistent cannabis product as small changes in the growing process affect the nature of the plant and the final product. Another challenge is the lack of FDA regulation which has led to opportunistic actors taking advantage of the fast-growing, but relatively under-developed market, at the expense of consumer safety. Chow420 is solving these challenges, head-on, by building a first-of-its-kind certification standard on the Binance blockchain network.
Last year, Chow420 completed their smart online marketplace, onboarding more than 500 companies like Hempbase, Windy Hill Hemp, Koi, and Absolute Nature CBD, who produce high-quality products. “Chow420 has turned out to be one of the best business decisions we have made,” shared Windy Hill Hemp President, Kristy Redmon, R.ph. “With Chow’s online age-verification and automated state compliance, we are assured that 100% of our customers are of legal age and that we are meeting all state regulations. Chow even provides real-time sales tax calculations, which is no small feat given Colorado’s complex multi-jurisdictional tax requirements,” added Kristy. In combination with their automated dispensaries launching in malls this Fall, Chow420 is bringing trust, compliance, and convenience to the highly unregulated and oversaturated CBD industry that is predicted to be worth $20B by 2024 (Forbes, 2019). “Our goal is to provide the industry with a robust offering that uses blockchain and a combination of physical and online tools to promote best practices in the manufacturing, testing, and retail segments of the Hemp Industry” shared Chow420 CEO & Cofounder, David Obasiolu.
Using blockchain technology, Chow420 aims to provide unique digital identities to certified products by creating verifiable, unforgeable records. Chow420’s verification protocols check the veracity of COAs (certificates of analysis) against the databases of testing laboratories and communicate discrepancies to relevant parties. Successful outcomes are then embedded on the Binance network to reinforce customer trust, verify the source products, and enforce the accuracy of product labels for all listed products on Chow420.
Chow420 will also be launching their Chow Pods this Fall. These fully automated, zero-contact dispensaries with electronic age verification will allow customers to purchase products with just their smartphone. Chow420 will be launching their automated stores and kiosks in 7 locations this fall after signing a deal with major mall real estate companies, Simon Property Group and PREIT. The locations are as follows:
- Mall at Prince George – Hyattsville, MD
- Cumberland Mall – Vineland, NJ
- Philadelphia Mills Mall – Philadelphia, PA
- Quakerbridge Mall – Lawrenceville, NJ
- Lehigh Valley Mall – Fullerton, PA
- Smith Haven Mall – Lake Grove, NY
- Mills at Jersey Gardens – Elizabeth, NJ
To support Chow420’s ambitious blockchain technology and retail expansion efforts, a second round of fundraising has resumed on the StartEngine crowdfunding platform. Backed by over 2,000 investors, the company has positioned itself as a smart ecosystem made up of fully automated dispensaries and an online marketplace that seamlessly connects retailers with customers in the most compliant and transparent way.
As the world welcomes a new year, entrepreneurs, investors and venture capitalists seem to be more aware, than before, of the inevitability of systematic disruption – particularly when discussing relatively new but promising industries. As global consumption trends continue to undergo major adjustments, a select group of forward-thinking business people are actively and successfully reshaping the new economy.
David Obasiolu, founder of Chow420, is a brilliant and pragmatic trailblazer, who has made a major positive impact, across one of the most promising new industries, by developing, refining and democratizing a uniquely functional automated compliance system, which provides various tools and solutions specifically developed for brands that commercialize specific products that require additional compliance. Previously, brands across America struggled to meet compliance requirements, which differ across states and frequently change as legislation moves toward providing a coherent framework for select industries. Given this reality, it is often very complicated for alternative wellness retailers to stay compliant online.
Chow automates compliance on both the customer and retailer end by combining various laws of cybersecurity such as identity management, access control and tokenization to create smart identities that are used to enforce age-verification to prevent minors from purchasing select products online and enforce customer and retailer compliance with state laws and regulations. Hitherto, Chow has raised over $1 million in its effort to develop the infrastructure needed to operationalize the compliance system framework for select industries, as reported by Tech Times.
Taking into account the undeniable over-saturation within the alternative health and wellness market, Chow’s marketplace provides maximum transparency between retailers and customers by enforcing the public display of all the necessary information about products, lab results and verified reviews from previous customers. Mr. Obasiolu is confident that Chow will set the standard for restricted industries that are legal on the federal level and regulated differently on state levels.
During a recent interview with Tech Bullion, the founder of Chow420 shared a few strategic insights:
1. Your company has obtained widespread media and investor attention due to the disruptive nature of its business model. What would you say has been the biggest challenge you´ve faced while developing and launching Chow420?
The biggest challenge so far has been the misinformation about specific products. A lot of people still think that some alternative wellness products are illegal on the federal level and others assume that they are legal in all states because of the 2018 Farm Bill. With Chow, I believe this gap can be solved over time by educating people on the laws surrounding these products.
2. As an unquestionably accomplished entrepreneur, can you share a piece of advice for those who wish to follow your footsteps?
Be Consistent. I truly believe that consistency is the key to achieving your goals over everything else. When predicated on experience and technical skill, it can make the journey from concept to reality an achievable task.
3. What is Chow420´s key differentiator when compared against the entire market for automated compliance-based solutions?
Chow’s key differentiator is that it is an all-in-one solution that solves multiple problems for brands and customers. With the marketplace model, we are able to not only solve the compliance issues for the industry but also dive into other issues like payment, lab-testing, and more.
