CannerGrow claims to operate in the MLM cryptocurrency niche.

CannerGrow’s website domain (“cannergrow.com”) was registered on April 5th, 2019.

Sascha Waeschle is listed as the owner, through an address in Rottweil, Germany.

According to CannerGrow’s website, the company is “a project founded by Cannerald”.

Cannerald claims to be a “Swiss research and production company of cannabis.”

According to a Cannerald marketing presentation;

The company was founded in 2017 as a project of MSL Industries GmbH and was spun off as a separate company on 18.07.2018 as Cannerald GmbH based in Pfäffikon, Switzerland.

The four founders of Cannerald, Sascha Adrian Waeschle, Severin Jem Amweg, Levin Kim Amweg and Maik Marcel Pietrowski founded the company with the aim of becoming Europe‘s largest cannabis producer and exporter.

The only link to MLM I was able to establish is a June 2019 interview, in which Maik Pietrowski states he

started in multi-level marketing for insurance in 2014.

Followed by the sale of vacuum cleaners and then the online marketing with various networks.

Cannerald’s website domain was registered in late December 2017. The company claims it was “registered in July 2018.”

Despite launching roughly a year ago, Alexa tracks next to no traffic to Cannerald’s website (rank ~5 million).

This suggests Cannerald as a stand-alone business was a flop.

CannerGrow appears to have been launched a few months ago to resuscitate what’s left of Cannerald.

Read on for a full review of the CannerGrow MLM opportunity.

CannerGrow’s Products

CannerGrow has no retailable products or services, with affiliates only able to market CannerGrow affiliate membership itself.

CannerGrow’s Compensation Plan

CannerGrow affiliates invest funds on the promise of “expected value” advertised returns.

1 Plants – invest €350 EUR and receive €50 EUR every two to three months

10 Plants – invest €3500 EUR and receive €500 EUR every two to three months

25 Plants – invest €8750 EUR and receive €1250 EUR every two to three months

100 Plants – invest €35,000 EUR and receive €5000 EUR every two to three months

Referral Commissions

CannerGrow pays referral commissions via a unilevel compensation structure.

A unilevel compensation structure places an affiliate at the top of a unilevel team, with every personally recruited affiliate placed directly under them (level 1):

If any level 1 affiliates recruit new affiliates, they are placed on level 2 of the original affiliate’s unilevel team.

If any level 2 affiliates recruit new affiliates, they are placed on level 3 and so on and so forth down a theoretical infinite number of levels.

CannerGrow caps payable referral commissions at five unilevel team levels.

Referral commissions are paid out as a percentage of funds invested across these five levels as follows:

level 1 (personally recruited affiliates) – 5%

level 2 – 2%

levels 3 to 5 – 1%

ROI Matching Bonus

CannerGrow pays a matching bonus on returns paid to unil

🤖 Quick Answer

What is CannerGrow and its claimed business model?
CannerGrow operates in the MLM cryptocurrency sector, claiming association with Cannerald, a Swiss cannabis research and production company. The platform utilizes the CADT token within its structure, positioning itself as a project founded by Cannerald in 2019 through the domain cannergrow.com.

Who are the key individuals behind CannerGrow and Cannerald?
Sascha Waeschle is listed as CannerGrow's owner, based in Rottweil, Germany. Cannerald's founders include Sascha Adrian Waeschle, Severin Jem Amweg, Levin Kim Amweg, and Maik Marcel Pietrowski, who established the company in 2017 as an MSL Industries project before spinning it off as Cannerald G

🔗 Related Articles

- Capitalvest Pro Review: 25% in 14 days Ponzi scheme
- DexNet Review: Dubai MLM crypto securities fraud
- Bank of Hodlers Review: Ponzi scheme with BOH token exit-scam
- Galionex Review: Russian AI crypto trading ruse Ponzi
- PGI Global reboots Ponzi, Helen L Graham promoted to CEO