CANNABIS MERCANTILE EXCHANGE - CANNAMERX

Cannamerx is the fully automated international auction platform for wholesale cannabis, cannabis products, and genetics. Cannamerx's mission is to provide an easy-to-use, efficient, and low-cost marketplace for the global cannabis and hemp industry. Launched in 2017 for the Canadian cannabis market, it now provides spot market and supply contract auction services to the cannabis and hemp industry internationally. As of January 1, 2021, more than 330 international cannabis and hemp companies... are participating on Cannamerx. Through Cannamerx, growers, processor, manufactures, and wholesale distributors are able to directly connect with each other and trade cannabis and hemp products, including extracts and isolates. The Cannamerx platform differs from traditional commodity exchange systems in that it utilizes a proprietary auction engine, rather than a bid-ask process. This allows the system to settle prices in a fully automated manner without the need for brokers or professional traders. To avoid conflict of interest and ensure full neutrality, Cannamerx does not accept any investment from cannabis or hemp companies , or funds associated with any cannabis or hemp companies. No Cannamerx employee or shareholder may hold stocks or other investments in a company eligible for trading on Cannamerx. Neither Cannamerx, nor any of its executives, employees, or shareholders are allowed to trade on their own account on Cannamerx, or be involved in any cannabis or hemp business eligible for trading on Cannamerx. Through strategic partnerships with a range of ancillary businesses, such as regulatory consultants, financial service providers, transportation and security companies, and testing labs, Cannamerx provides its clients with a full suite of optional services without tying them into a closed service eco-system.More