Is CannerGrow A Scam? – You Must Be High If You Invest
The cannabis market continues to grow as more and more people are learning about its health benefits.
Thus the opportunity to make money from it continues to grow at a rapid pace.
You’re seeing more and more people looking to invest in companies that may or may not be legit. One company in particular is CannerGrow.
So in this review, I will be breaking down everything you need to know about this company, and if it’s worth investing in.
By the time you finish reading this review, you’ll have a pretty good idea of the opportunity this company provides for you financially.
CannerGrow Review Summary
Product Name: CannerGrow
Founder: Sascha Waeschle, Severin Amweg, Levin Amweg and Maik Pietrowski
Product Type: Cannabis
Price to join: at least 500 EUR
Best For: Those looking to lose their money
Summary: CannerGrow is an MLM opportunity that allows you to invest in its business with a potential for returns later. As an investor, you’re not given any products to sell. You are given an opportunity to promote their plants, which they take care of and harvest for you. They also allow you to make additional income by referring others to invest in their business.
Recommend: No Way!
What Is CannerGrow?
CannerGrow is an MLM company that was founded by Maik Pietrowski, Levin Anweg, Severin Amweg and Sascha Washle.
They claim to offer the only plant growing service in the cannabis industry.
Before starting CannerGrow, the founders of this company created a company called Cannerald.
The hope was to be the worldwide leader in cannabis distribution. The company failed, and thus the creation of CannerGrow.
So anyone looking to partner up with this company will have to worry about CannerGrow failing as well.
With cannabis being more socially acceptable. The opportunity to capitalize on this market has been growing at a rapid pace.
Which is why you have companies like Cannergrow creating their own plant growing services.
Cannergrow claims to grow their plants with high quality lighting, and precisely calculated ventilation.
The factories in which these plants are grown, can compete with competitors around the globe.
Whether they make the best cannabis in the world means no difference to me.
What I care about most, and I’m sure you do as well, is the money making opportunity that is presented with this company.
Thus leads me to the next topic, which is the investment opportunity that people like you have with CannerGrow.
The goal of CannerGrow is to allow potential investors and opportunity to get a piece of this billion dollar industry.
By allowing you to purchase their plants with just a click of the button.
Keep in mind that you don’t get access to your plants, as they will be taking care of your plants for you.
By harvesting the plants every 2-3 months, making sure your investment is at its best quality.
Considering that this business is an MLM, you would think that customers would at the very least have access to the products they purchased.
That alone would give anyone some cause to pause when thinking about joining CannerGrow.
How You Make Money With CannerGrow
CannerGrow Isn’t you’re typical MLM business where you are given product to sell and make money from. With this company, there are two ways in which you can make money:
Purchase a plant and wait for potential returns in the future
Receive a commission for getting others to purchase plants
*note that many MLM compensation plans are confusing, and CannerGrow seems to be no different. I won’t be going over every single detail, but if you’re interested to see what it looks like, click here.
How To Get Started Investing In CannerGrow
CannerGrow gives you 4 different plant options to choose from.
Depending on the amount you buy, determines the level of returns you could potentially make.
Once you make a purchase, the plants get harvested every 2-3 months. Keep in mind that CannerGrow doesn’t guarantee that any sales will be made.
But they want you to know that they will be trying their best for quality and sales purposes.
I’m sure that gives you all the confidence in the world right?
I don’t know about you, but when I invest in something, I like to make sure I have some control over the money I can make.
With CannerGrow, you have zero control, unless you participate in their compensation plan.
CannerGrow Compensation Plan
If you’re interested in making additional income to go along with your investment, CannerGrow provides an affiliate program.
By referring their products, you can earn up to 20% of your partner’s plants. There are seven different levels within CannerGrow’s compensation plan.
Every time someone you refer buys a plant, you get a commission based on their level.
So basically, the more people you refer to buy, the more money you can make.
Now if that doesn’t sound like some pyramid scheme to you, then I don’t know what will.
Based on experience, the first people you will try to get to join are those closests to you. Like friends and family.
And we all know how much friends and family love being asked to join some pyramid scheme. Sarcasm if you couldn’t tell.
What I Like About CannerGrow
Uuuuhhh, pretty much nothing. Trust me, I tried really hard to find at least one thing.
What I Don’t LIke About CannerGrow
The key thing to remember when researching a business like CannerGrow is, you’re in it to make money.
So when considering investing in any type of business, there are a few things you need to make sure of.
I feel that CannerGrow lacks in many of these things, which is why I am providing you with the things I don’t like about this business.
#1. Lack Of Control
With most MLM businesses, you at the very least have some control over how much money you can make.
When joining the business, you are given products to then sell. So the amount of money you make is dependent on your ability to sell such products.
The issue I have with CannerGrow is, you don’t have such control. The reason being is that you’re not given any products to sell.
You’re purchasing plants, and relying on CannerGrow to take care and sell them for you.
Basically, the amount of money you’re able to make is dependent on their ability to sell them.
#2. Relies Heavily On Recruiting
Not only does CannerGrow want you to trust them with your money, they also want you to recruit others to do the same.
However, this time they will at least compensate you for doing so.
Of course what they will be paying you is nothing compared to the amount you will be giving them by purchasing their plants.
My concern is that if things don’t work out in terms of your ROI, you will be losing more than just your money.
But also the relationships you have with those you recruited into this business.
#3. Very Expensive
If the uncertainty of how much money you could possibly make by investing wasn’t enough.
The cost to invest in this business will surely make you think twice about joining. To join this business will cost you a minimum of 500 EUR, and up to 50,000 EUR.
I don’t know about you, but I like my pockets too much to put such a hurting on them.
Is CannerGrow A Scam?
Look, I try to be very careful throwing the word scam around like that. But it would be hard for me to say that CannerGrow isn’t one.
The fact that you can purchase their products with the hopes of getting a return in the future seems way too sketchy for me.
But to be honest, that’s not even the reason I would call it a scam.
The fact that you can make money by recruiting people to also invest confirms it for me. We’ve all seen or heard of businesses like this before.
I mean, just take 15 minutes online and you can find a bunch of them. CannerGrow just happens to be one of the many.
If you’re looking for ways to make money, then you need to understand that there is no quick way of making that happen.
This is something I learned first hand. Which is why I’ve been able to find success making money online.
How I Make Money Online
If you’re looking for a legitimate way to make money online, then learn how I was able to make Six Figures in just 7 months.
Because of my hard work, I was able to quit my job as a personal trainer and kickboxing instructor, and went full-time with my online business.
So if you’re interested in learning about how I was able to accomplish this, then please click here!
You will learn about the tools, the training, and most importantly, the community that has helped me become financially independent.