Cannanumus Blockchain – Now engaged in a Strategic Partnership with Abattis, Cannanumus has facilitated a number of growth-stage investments in the cannabis industry. While the investment focus to date has been on licensed cannabis producers and applicants, the scope of its investments is expected continue to expand with scale.
Cannanumus pairs a royalty streaming model, similar to that used by many resource companies, with blockchain technology. By leveraging recent cryptocurrency developments, the company allows investors greater transparency, marketability and liquidity. As an added value, the investment structure lowers administrative overhead, reducing costs and trading friction.