Making money with cannabisabis – Cannergrow vs. Juicyfields vs. MyFirstPlant vs. BioMindX comparison and alternatives

Published by Eugen Grinschuk 12. March 2022 Categorie(s): passive income

Earning money with cannabis is possible thanks to numerous companies. It is possible to earn money in different ways and build a passive income. I am not talking about shares.

You can also invest in shares of cannabis producers on the stock market, but I would like to introduce you to a new way, completely legal. I would like to compare and present a few CrowdGrowing companies.

Earn money with cannabis

If you want to make money with cannabis, there are different ways. Among other things, you can simply invest money in cannabis and generate income from the harvest. This you can pay out again and again.

So you have a positive cash flow that is generated. The other variant is if you recommend the provider as a kind of affiliate marketing or network marketing and help others to buy a plant (or more).

You then get a corresponding share per sale of the plant. This is lucrative for you and for the company. Because you generate revenue when you are successful. In addition, the company saves additional marketing and personnel costs.

Because, they pay you only in case of a successful referral and purchase. This is quite intelligent, if the product or service allows it.

Here it is the case. There are no disadvantages for the customer and the THC or CBD grower has a better cash flow and less liabilities.

Through this system, CBD growers benefit a lot because they save themselves so much manpower.

And here you can find the comparison of the numerous CBD growers:

Disclaimer: This is not investment advice or recommendation.

Cannabis demand

The demand for medical cannabis and CBD (cannabidiol) has increased sharply. For this reason, such companies and investments are currently very lucrative. Cannabis is a market worth billions!

In the USA alone, the market is currently over 25 billion and is expected to rise to 100 billion by 2029. Worldwide the numbers are again approx. 2 – 3 times as high!

This means that there is enormous potential here, which is currently being raised and which is currently at the beginning.

The demand for cannabidiol is also high in Germany, so this market, which will also soon be legal for THC, is one that has not yet been fully determined.

This is why cannabidiol producers are currently growing so strongly.

My First Plant – CBD producer from Austria

My First Plant is a relatively young company from Austria, which was founded in 2020. You can buy a plant here, which is planted in Austria or Switzerland. Currently CBD plants are available here.

My First Plant has a very clear backend and good service. The plant is relatively cheap and currently costs 500, or 900 euros.

There are also smaller outdoor plants that cost 70 euros, but these are limited to 10 plants per person. The availability and prices of the outdoor plants can always change.

There are currently no cameras available. So you will not see your “grass” growing.

Viewings must be requested and may be forthcoming. Unfortunately, the cannabis plants at My First Plant are not insured, at least not against crop failure.

But they are insured against fire and water damage. The plant is yours for life and is always renewed. There are up to 4 harvests per year.

The backend is very clear, so you will quickly find your way around. The plants are not insured here either.

Again, you can generate income from the crop yields of the plants, but also through recommendations, so also affiliate marketing. A very high return is promised here. However, this may also be due to the current low price per plant.

Cannergrow / Cannerald – CBD producer from Switzerland

Cannergrow / Cannerald is a CrowdGrowing company from Switzerland, which was founded in 2017. It currently offers CBD plants. THC plants are to follow soon. Also to follow soon is the GMP license (highest certification in the field to enter the medical field).

With the GMP (Good Manufacturing Practice) license, Cannerald can achieve even higher prices, because it can be sold directly to pharmaceutical companies. There are extremely strict rules to follow here. And with a GMP license, it will be very exciting, as revenues are expected to increase by 50 – 80%.

Cannergrow / Cannerald is very transparent. There are even cameras showing the rooms etc. So everyone can see for themselves how it currently looks in the space. In addition, one can book a tour on site.

During the tour, you have the chance to speak directly with the team and CEO and see the facility.

The plant itself is extremely high-tech and modern. In addition, the cannabis plants are insured against numerous damages. The support at Cannergrow / Cannerald is very good and fast.

You can buy a plant and Cannergrow / annerald will take care of it for you etc.. You don’t have to do anything for it! The harvests are yours for life, which means they are yours.

You can become an affiliate here and get 7%, 5%, 3%, 2% or 1% commission per sale depending on the level, which is very fair.

BioMindX – Hemp producer from Czech Republic

BioMindX is a company from the Czech Republic, which was founded at the end of 2020, so it is still very fresh. However, BioMindX has a very competent head grower from the States.

BioMindX currently specializes in cannabis plants with CBG, which comes before CBD and THC. The service is currently sometimes bumpy and difficult to reach, precisely because this is still a very fresh company.

The plants are currently very cheap here. Already from 605 Euro incl. 21% tax in CZ a plant can be bought here. The yield is relatively high and currently exceeds expectations.

The backend is currently rather in English. Also here you can earn money either with harvest yields of the plants or by recommendation.

The plants are not insured here either.

Update 07.01.2022: In my opinion BioMindX is quite Ok, a recommendation I would not pronounce here currently. Rather, I would advise the top three.

Simply because the return, the service and everything is better with the top three. In addition, you can not currently buy plants, because it has been deactivated.

Also, the plants themselves are sold very slowly.

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IPlant Global Review

IPlant Global, I have now heard about it very often and a lot. For this reason, I would like to list it here for the sake of completeness. However, I have not had any IPlant Global experience.

Why? That is quite simple. All my experiences are first based on research and if that convinces me, then my own test is made. However, the opinions at IPlant Global were not very positive.

There is a lot of scam talk here and the people behind it are probably not very reputable. For this reason, I do not want to make a test here and can not recommend it because of this.

The founders seem to have done a bigger scam before. Therefore, great caution is advised here. Otherwise, a plant here costs just under 900 euros (899.95 euros).

My opinion: NOT recommended, rather take the first three!

Build passive income with cannabis – Conclusion

You see, making money and building a passive income with cannabis is very possible and especially legal.

A new market is opening up, even completely legally, without having to buy shares.

There are numerous THC and CBD companies that will do the growing for you. All you have to do is invest your money and you can start building cash flow and passive income.

Then, if you want more, you can generate more income through referrals and build passive income.

You can create a free account with all of the presented growers to have a look around in the backend. This gives you access to further business presentations, etc.

And here you can find again the comparison of the different cannabis companies. Cannergrow vs. Juicyfields vs. My First Plant vs. BioMindX vs. IPlant Global.

My recommendation: spread on all 3 companies!!! Namely 40% Juicy fields, 30% My First Plants, 30% Cannergrow, if your budget is sufficient.