White Paper  

 

 

The first blockchain voucher for CBD utilising the 

power of Ethereum (ETH). 

Early Draft Version 0.9 — Subject to Change 

Last Updated 01.08.2018 

 

 

 

 

 

Abstract CBD Oil has been observed to deliver health benefits and is widely used in                           

lifestyle and medicine. With the purchase, sale and possession of CBD legal in                         

most countries, CBDoken finally solves the problem of:  

 

● high pricing for CBD Oil;  

● massive fluctuations in terms of quality;  

● and premium CBD on demand - worldwide! 

 

With cryptocurrencies being extremely volatile with virtually no price stability                   

and the existence of too many poorly conceived tokens with no actual product,                         

CBDoken leverages the power of blockchain:  

Developed for the sale of a real physical product, CBDoken leverages distributed                       

ledger technology to bring transparent, user-generated pricing on the                 

Blockchain, such that one (CBDF) Token corresponds to an underlying voucher                     

for a 10ml bottle of CBD Full Spectrum Oil. 

 

All physical assets are stored in dedicated vaults at our manufacture, storage                       

and logistic center. They are audited for quantity, quality and the highest                       

laboratory grade standards.  

 

Developed for implementation via Blockchain, (CBDF) forms a contract between                   

CBDoken and token holders, the first CBD crypto voucher. This voucher is                       

redeemable at CBDoken. This works by triggering a so called ‘Token-Burn’ on our                         

website. As any other voucher, it is tradable on any open market, including                         

crypto-exchanges. 

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To ensure that every consumer get the benefits of CBDokens                   

community-defined pricing all products will be offered by CBDoken on a                     

fiat-based webshop. The supply for the webshop is restocked from orders                     

purchased via the same transparent blockchain. 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

   

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Chapter I, Introduction 2 1.1 What is CBD? 2 1.1.1 Legal Status 3 1.2 About CBDoken 4 

Asset Backed Coin 4 1 x CBDoken = 1 x CBD Retail Product 4 -60% Cheaper CBD 4 

Chapter II, The Problem 5 2.1 Problem with Cryptocurrencies 5 2.2 Problem with CBD Trading 5 

Chapter III, CBDoken 6 3.1 CBD Tokenization, Value of the CBDoken: Why Should You Invest 6 3.2 Asset Backed 6 

3.2.1 Quality of Assets 6 3.2.2 Storage 7 3.2.3 Third Party Audited 7 

3.3 Blockchain Technology 7 CBDoken Blockchain 9 

3.4 Distribution of CBD 0 3.4.1 Claiming 10 3.4.2 Shipment & Delivery 12 

3.5 Market Stability 12 3.5.1 Doken Reference Index (DRI) 13 3.5.2 Doken Factor 14 3.5.3 Euro Linked Index 14 

3.6 Trading Volume 14 3.6.1 CBDoken Shop 15 

Chapter IV, The Business Opportunity 16 4.1 CBD Market Place: Effective CBD trading 16 

4.1.1 Value Proposition for Consumers 16 4.1.2 Value Proposition for Investors 17 

4.2 Market Overview 18 Target Market 20 

4.3 Challenges 20 4.3.1 The Objectives 20 4.3.2 Barriers to Entry 21 4.3.3 Threats 21 

Chapter V, Full Spectrum Oil (CBDF) 22 5.1 What is a CBD Full Spectrum Oil? 22 5.2 Token Sale Process (CBDF) 23 5.3 Timeline (CBDF) 25 

Chapter VI, The Roadmap 2018 - 2019 25 

Chapter VII, About CBDoken 26 7.1 Background 26 

7.1.1 The Team 26 7.1.2 Advisors 27 7.1.3 Corporate Structure and Key Information 27 

7.2 Closing Words 28 

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Chapter I, Introduction  

1.1 What is CBD? Until recently, the most well-known compound in cannabis was delta-9                   

tetrahydrocannabinol (THC). This is the most active ingredient in marijuana. The                     

plant actually contains both THC and CBD, but the compounds have different                       

effects.  

 

THC is well-known for the mind-altering "high" it produces when broken down                       

by heat and introduced into the body, such as when smoking the plant or                           

cooking it into foods.  

 

Unlike THC, CBD is not psychoactive. This means that it does not change the                           

state of mind of the person who uses it. However, research indicates it does                           

appear to produce significant changes in the body and has been found to have                           

medical benefits. 

 Chemical composition of Cannabinol (CBD, C21H26O2) 

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As one of the many useful compounds in the marijuana plant, CBD has been                           

used to treat ailments for millennia. However, the individual compounds in                     

cannabis remained unidentified until Dr. Raphael Mechoulam revealed the                 

structure of THC and CBD in the early 1960s. By the 1980s, medical researchers                           

had began measuring the positive impact of CBD on pain along with the                         

endocannabinoid system (ECS).  

 

Today, an increasing body of medical research supports the use of CBD for a                           

variety of ailments including anxiety disorders, chronic pain, and                 

neurodegenerative conditions. As a consequence, CBD market size has grown at                     

an incredible rate in the last years.  

 

Financial and CBD industry experts believe it is only the beginning. Nowadays, it                         

is the most widely available component of the hemp plant and is increasingly                         

moving into the forefront of public interest and found wide recognition in                       

medicine, lifestyle and pop-culture.  

 

Consumers no longer have to revert to smoking dried leaves mixed with tobacco                         

or some other ineffective and potential harmful form of consumption, because a                       

select few manufacturers are now using sophisticated equipment to produce                   

CBD products in the form of wax, drops or oils of medical quality.  

 

1.1.1 Legal Status 

Purchase, sale and possession of CBD Hemp Seed Oil, which is not considered as                           

novel in food, is legal in most countries and available on prescription in many.  Extracts of Canabis sativa L in which cannabidiol (CBD) levels are higher than the CBD levels in the source Canabis                                       

sativa L are novel in food. Cannabidiol (CBD) is one of the cannabinoids in Cannabis sativa plant. - European Union 

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1.2 About CBDoken 

CBDoken is an innovative Company with unique features. It handles the sale of                         

CBD Full Spectrum Oil and represents a voucher for a consumption-ready CBD                       

Oil on the Blockchain, to make it’s purchasing and trading cheap, safe and                         

transparent. 

 

Voucher Token  

(CBDF) are Token that are created for CBD Full Spectrum Oil. Each CBDoken                         

represents a redeemable and tradable voucher for a bottle of 10ml 3% CBD Full                           

Spectrum Oil.  

 

1 x CBDoken = 1 x CBD Retail Product  1

 

If there are 1 000 (CBDF) Token in circulation, there are 1 000 bottles of CBD Full                                 

Spectrum Oil in storage. You can redeem your product at any time through our                           

website. 

-60% Cheaper CBD By cutting down the distribution chain and selling directly to the consumer,                       

CBDoken is able to undercut the competition by a huge margin and reduce the                           

purchasing price of finished CBD products for consumers and resellers up to a                         

factor of three during the Token Sale to initiate a fairly priced market. 

1 Varying on the final product - ml or gr 

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Chapter II, The Problem 

2.1 Problem in crypto 

The whole crypto space is highly volatile. On any given day, it is common to see a                                 

volatility of 10-20% and there is virtually no price stability since there are too                           

many poorly conceived Tokens with no actual product on the market. CBDoken                       

solves this problem by creating a Voucher Token, bringing a real world usecase                         

on the blockchain. 

 

2.1 Problem in CBD trading 

A growing number of companies are now producing and moving CBD products                       

around the globe. These cater not only to accelerating consumer demand but                       

also account for medical cannabis derivatives for medical purposes and studies,                     

with significant markets and producers in the Americas, Europe and Asia.                     

However, the global trade of CBD Oil has been hampered by a lack of                           

transparency, a missing market place and a coherent pricing model which lead                       

to a distorted market and excessive consumer prices.  

 

This legal yet largely unregulated CBD market suffers from similar problems as                       

the mostly forbidden cannabis (THC) market. Bad quality, poor supply and                     

over-priced products are the result. 

 

❖ QC/QA is difficult, which results in poor quality products 

❖ it is difficult to divide truth and marketing, which results in scamming 

❖ extraordinary pricing through too many intermediaries and 

❖ Fragmented Global Delivery and Distribution for premium CBD Full                 

Spectrum Oil 

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Chapter III, CBDoken 

3.1 CBD Voucher Token, Value of the CBDoken: Why Should You Buy CBDoken creates Vouchers for a range of CBD products, offering a transparent                       

and open community-defined pricing. As the market for CBD continues to                     

develop so will the offered products. Subsequent Token sales provide interested                     

individuals and customers the ability to purchase various CBD products at                     

wholesale prices and claim or trade them digitally or in traditional retail. Thanks                         

to streamlined value chain management excess costs are removed which                   

otherwise burden the retail price and bottom line. 

 

3.2 Voucher Assurance Every Token represents a voucher for a physically existing CBD product sitting in                         

designated custodial storage. The provenance of the CBD product is audited and                       

immutable.  

 

3.2.1 Quality of Assets  CBD-derived products vary widely in terms of quality and for many, quality                       

assurance is challenging; CBD products were found not to contain CBD, or                       

contaminated with pesticides and bacteria. 

 

Therefore, we work exclusively with our trusted partner Arge-Canna, who                   

invented a ‘seal of approval’ for high quality CBD products under strict quality                         

criteria, working hard to ensure our products remain free of pesticides,                     

fertilisers and other impurities. Our CBD Oil is made from 100% naturally grown                         

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hemp and constantly tested for purity and quality in redundant and                     

independent dedicated laboratories. Check the QR on the bottle! 

 

3.2.2 Storage CBD Products are stored in a secured and audited warehouse. Products can only                         

be withdrawn with the notification for shipping by the burn contract automated                       

process. Independent audits are carried out on a quarterly basis and published                       

on our website to give our customers confidence that their assets are stored                         

securely. 

 

CBDoken works with an existing distribution network. Different shipping options                   

will be available depending on size.  

 

3.2.3 Third Party Audited An established auditor provides quarterly audits of our inventory and quality                     

commitment. To meet our high quality standards, we collaborate with the most                       

qualified and,best-equipped analytical laboratories that test and monitor every                 

stage of our production and the final product.  

 

All our products undergo continuous and rigorous quality assurance with                   

verification as well as short – and long – term stability checks. This ensures the                             

consistency of our products because we believe in transparency and publish all                       

test results. 

 

3.3 Blockchain Technology Relies on participating users to power the network by confirming transactions                     

utilising a general consensus mechanism. The ‘blocks’ of information are                   

transparently stored chronologically on every full node. 

 

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CBDokens are CBD (Cannabidiol) Vouchers on Ethereum. We leverage the                   

Distributed Ledger for its immutability, transparency and auditability by applying                   

it to physical assets currently lacking such digital representation. 

 

CBDoken Blockchain 

 

 

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Explication 

1. Burns CBDoken against product claim 

2. Sends ETH to purchase CBDoken Vouchers 

3. Sends CBDoken once ETH has been received 

4. Triggers withdrawal and shipping 

5. Receives funds from token sale 

6. Initiates and manages token sale 

7. Produces CBD Oil for Voucher Tokens 

8. Sends Quarterly Audit reports 

9. Sends Shipping information and withdrawal amount 

10. Stores CBD Products 

11. Audits storage 

12. Withdraws CBD Product from secure storage 

13. Ships to Customer 

 

3.4 Distribution of CBD Oil Investor  CBDoken  CBD Vendor 

❖ Sends ETH to Smart 

Contract 

❖ Receives CBDF  2

Token  

 

 

❖ Provides 

Infrastructure 

❖ Receives % of ETH 

sent to Smart Contract 

❖ Handles CBDF 

Distribution 

❖ Burns Token 

❖ Receives % of ETH 

sent to Smart 

Contract 

❖ Handles Shipping 

❖ Warehouse and 

Storage 

 

 

2 * (= 1 Bottle of CBD Full Spectrum Oil)) to Wallet (e.g. myetherwallet.com)  

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3.4.1 Claiming The CBDoken Full Spectrum Oil can at any point be claimed, once it has matured,                             

which happens after a set time following its Token sale. This process is called the                             

Token Burn, an incredibly smart move that initiates the shipping of the                       

underlying product.  

 

In the crypto world, there are a finite number of specific Tokens available; when                           

a proportion of these are purchased by consumers and resellers, the total                       

number of Token available on the market decreases and, as a consequence, the                         

value of each individual Token may increase.  

 

Within CBDoken, however, the impact is limited or non-existent, as each Token is                         

always a voucher for a real CBD product. If there are less Tokens, there is also                               

less CBD Oil, the ratio stays the same and the value of the Token remains                             

unaffected.  

 

The blow graph illustrates in detail how a Token holder can convert their digital                           

Token into the underlying physical asset. 

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Explication 

1. Send token to be burned 

2. Fill out shipping information 

3. Validates Information 

4. Trigger withdrawal and shipping process 

5. Transfers CBD product for shipping 

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3.4.2 Shipment & Delivery CBDoken shipment is handled by a third-party and uses a 1 Euro flat rate for                             

packaging and shipments to all countries which are calculated and added at                       

Checkout according to the address region and a small extra shipping fee. There                         

is no minimum shipping amount. 

 

CBDoken will do it’s best to ensure the best and cheapest possible shipping, still                           

due to the nature of the product and the diversity of customs regulations it can                             

happen, that a package gets delayed or denied. In this cases we have a customer                             

friendly process for information, but unfortunately we cannot guarantee delivery                   

at this time in every place of the world. On dispatch you will receive your                             

shipping code, please make sure to stay in contact with the shipping company                         

for updates regarding your package. CBDoken cannot guarantee that the                   

package will make it, and international ordering is done at the risk of the                           

customer.  

 

All shipments are sent via DHL for International Shipping. Customers are                     

responsible for checking their shipment for damage at time of delivery. Claims                       

for product damaged during shipping must be made within 72 hours of receipt                         

of package. 

3.5 Activation of a Free Market Our company's goal is to create transparent pricing by leveraging blockchain                     

technology for CBD Full Spectrum Oil. Therefore we plan to activate the market                         

at the wholesale price and let the community set the future pricing of CBD oil. 

Tokens that are redeemed are replaced every first Monday of a month.  

 

Read more about the Free Market through the Blockchain on Hackernoon 

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3.5.3 Euro Linked Index Currently, due to the nature of business, stability and product we bind the                         

Doken Market Analysis to Euro and the European Market realities. In the future,                         

this can be changed to a more global reference. 

3.6 Trading Volume To have a working market, a minimum of trading volume is necessary to avoid                           

increased price volatility. Therefore CBDoken actively works with wholesalers,                 

shops and customers to have a stable trading volume on the Market and it’s                           

exchanges. 

 

This is achieved by actively participating in the market through the purchasing                       

and sale of Tokens via our webshop platform as well as the distribution of                           

additional Tokens and products. 

 

3.6.1 CBDoken Shop An online shop will be set up by CBDoken to further simplify purchasing our CBD                             

products. These products can be bought for the actual current trading price                       

directly with traditional currencies such as EUR.  

 

This is done by purchasing CBDoken Voucher Tokens at market price. CBDoken                       

will then burn these Tokens and trigger the claiming/shipping process. This has                       

the positive side effect of contributing to the market dynamics on the exchanges.  

 

All burned Token will be reinstated at the beginning of each month, depending                         

on market demand. 

   

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Chapter IV, The Business Opportunity 

4.1:Digital CBD Oil distribution  

Status Quo 

❖ Intransparent Market & High Prices 

❖ Fragmented Distribution Network 

❖ Lack of product quality  

 

Goals and Opportunities 

❖ Create a Blockchain Voucher for CBD products 

❖ Offer CBD Oil at significantly reduced prices to customers and investors  

❖ Analysing the market to ensure a community-defined product pricing 

 

4.1.1 Value Proposition for Consumers Currently, consumers of CBD Oil pay an incredibly high price with crazy profit                         

margins for the resellers. By skipping a large part of the distribution chain and                           

going directly to the customer, CBDoken is able to sell CBD at a price vastly                             

below the retail market price. Typically what you can expect is that every product                           

purchased via CBDoken would have costed at least three times as much if                         

bought elsewhere.  

   

❖ Hugely discounted prices up to 60% below market rate will have                     

implications for the global prices of CBD Oil - ideally, CBDoken aims to                         

lower the price for all CBD products. 

❖ The transparent market for the purchase of CBD Oil removes many of the                         

hurdles and variables when purchasing CBD products online. 

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❖ A guaranteed and continuously tested high quality provides consumer                 

safety and allows for a more relaxing purchasing experience. 

❖ Global shipment and delivery to wherever you are legally allowed to order                       

CBD products further provides security and ease of mind. 

 

4.1.2 Value Proposition for Reseller CBDoken allows holders to trade CBD product vouchers or to claim the                       

underlying product and sell it in traditional retail. This will eliminate some of the                           

inefficiencies of the current CBD market model. By reducing middlemen and                     

eliminating costs for customers and resellers a user-defined pricing for each                     

CBD product based on market analysis is provided. Every Token corresponds to                       

an underlying CBD product, which means the voucher guarantees the buyer the                       

ownership of a physical product without the need of storing or transporting the                         

product itself. 

 

❖ CBDoken offers resellers a digital, transferable and claimable CBD                 

voucher token.  

❖ Token Price is significantly below retail value, which allows to trade,                     

transfer or resell the underlying product or the voucher itself 

❖ Our CBD stockpile is audited on a regular basis by a renowned auditing                         

firm, providing investors with the highest level of security and the                     

knowledge that their digital assets have real world value. 

❖ Through CBDoken’s global supplier network all Tokens can be exchanged                   

to the underlying product at any time.  

❖ Exchanged Tokens will be destroyed, making fraud exceedingly difficult.  

❖ CBDoken takes active measurements to establish a fair market price 

 

 

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Secure   

❖ All Tokens Stored on the Ethereum           

Blockchain 

❖ Fully Audited CBD Storage 

 

Voucher Token 

❖ corresponds to redeemable CBD Full         

Spectrum Oil 

❖ Transparent Pricing 

❖ Stable Supply 

 

Transferable 

❖ Global Trading 

❖ Fast Transactions 

❖ No Intermediary 

4.2 Market Overview 

The global CBD market is currently estimated at around 220 million USD. It is                           

expected to grow by 700% to over 2.1 billion USD by the year 2020. CBDoken                             

aims to capture a significant share of the entire consumer and small retail                         

market by disrupting the existing production and distribution chain and selling                     

CBD Products directly to the customer at a price that is about 80% below the                             

competition.  

 

Using blockchain technology allows CBDoken to create a unique distribution that                     

offers transparent, user-generated pricing. This allows every token holder to sell                     

and trade his CBD-backed tokens, offering small retailers to sell CBD oil not only                           

in store, but also on the blockchain. CBD products for CBDoken’s webshop are                         

bought directly over the blockchain and sold at crypto-exchange price.  

 

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 Source: Hemp Business Journal and Vote Hemp estimates ($ million, consumer sales)

The use of CBD based products globally is increasing however determining exact                       

figures is near impossible due to the fragmented nature of the market. This is                           

where CBDoken aims to gain market share as we can facilitate the trading of                           

CBD oil through the Tokenization process. Through enabling the trading on                     

crypto exchanges a true market price will be determined. This digitization                     

process allows CBDoken to be traded without the need to physically move the                         

underlying asset. 

 

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 Source: Ackrell Capital estimates. See Chapter IV: U.S. Cannabis Market Estimates

Target Market We have identified the following segments as the primary target market for our                         

products and services: 

● Crypto 

Investors 

● CBD User 

● CBD Retailers 

● Traders 

● Use Cases as a 

reliable currency 

 

 

 

4.3 Challenges  

4.3.1 The Objectives  ● Create a global medium of distribution for CBD oil. 

● Offer CBD oil at significantly reduced prices to our customers and                     

investors. 

● Increased transparency for suppliers, retailers, and end users by                 

establishing a fair and global marketplace. 

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4.3.2 Barriers to Entry As a CBD and cryptocurrency company we face the following barriers of entry: 

● High start-up costs. 

● The need for high quality reliable suppliers of CBD. 

● A shifting legal landscape for cannabis derived products. 

● Brand recognition challenges. 

 4.3.3 Threats The main threats facing CBDoken are: 

● CBD oil being banned in certain countries restricting the luristdictions CBD                     

products can shipped to. 

● Technology safety risks such as exploits pertaining to blockchain                 

technology. 

● CBD being regulated overly strict - e.g. as a medical substance and                       

available by prescription only. 

   

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Chapter V, Full Spectrum Oil (CBDF) 

5.1 What is a CBD Full Spectrum Oil? 

(CBDF)-Token are 100% backed by CBD Full Spectrum Oil. Full Spectrum Oil has                         

been proved to be tremendously potent and effective due its wide variety of                         

Cannabinoids. The oil is purified of waxes and pigments, contains more than 4%                         

of natural cannabinoids with THC level below 0.10% and CBD concentration of                       

3%. 

 

Organic hemp material used for extraction is grown and cultivated without                     

herbicides and pesticides within the European Union. Third-party testing of                   

cannabinoid ratio, heavy metals, pesticides and microbiological contamination               

provided. 

 

Name 

Type 

Symbol 

CBDoken Full Spectrum Oil  

Hemp Seed Oil 

(CBDF) 

 

CBD  

Neutral Cannabinoids 

THC  

> 3% 

> 1% 

< 0.1% 

 

     

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Price / Gram incl. Taxes 

  Average Retail Price  28.00 €  

  CBDoken Exclusive Offer  12,50 € 

5.2 Token Sale Process (CBDF) 

Three Funding Rounds, each Distribution Round lasts one month. Token left will be                         

distributed in continuing Distribution-Rounds. Our first Token Sale is backed by CBD                       

Full Spectrum Oil with a total Token-Value around 10.5 Million Euros. Forthcoming                       

Distribution Rounds will be released after Portfolio-Increase at Token Market Price. 

 

  Private Sale  Pre-Token Sale  Token Sale 

Token Supply  15.000 CBDF  235.000 CBDF  500.000 CBDF 

Token Price:  12.50€  13.50€  15.00€ 

Release Date  June - August 2018  September 2018  Oct. - Nov. 2018 

 

 

 

 

 

  

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5.3 Timeline (CBDF)  

 

 

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Chapter VII, About CBDoken  

7.1 Background 

7.1.1 The Team The CBDoken team first took hold when Alex Lacina, who spent the past couple                           

of years working in the cannabis business, as instance as executive assistant                       

with the Bushplanet leadership team - one of Europe’s largest legal hemp                       

related companies - and witnessed first hand the inefficiencies of the global CBD                         

trade, the difficulties in quality control and lack of transparent pricing.  

 

Furthermore, Alex has a deep and emotional personal connection to the topic                       

following his mom’s terminal cancer prognosis five years ago and her CBD-based                       

therapy, which helped her tremendously but cut deep into her pockets. 

 

Following this realisation, he approached his former classmate Leo, whose                   

background as a serial entrepreneur made him uniquely qualified to turn this                       

idea into reality. With the help of our founding partners, Christoph, who has                         

himself built multiple successful companies and is now overseeing most of the                       

day to day operations, Florian, whose background in blockchain applications and                     

finance and Alex, a legal expert, this project became increasingly tangible.                     

Karina Streng, a serial-entrepreneur by her own, and Mel Merio, a popular                       

austrian TV-Host, DJane and CBD-Ambassador, joined CBDoken to push our                   

marketing to the limit! 

 

 

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 Alexander Lacina Co-Founder & Chairman 

› Prior Executive Assistant at Bushplanet  

› Cannabis Industry Expert 

› Crypto-Enthusiast 

 

Leo Razumovsky, MBA Co-Founder & Board Member 

› Deployment Strategist at Palantir Technologies 

› Co-Founder and former COO at Grape 

› MBA at University of Applied Sciences, Burgenland 

 

 Christoph Richter  Founding Partner & CEO › Serial Entrepreneur & >10 Years of Product Development 

› Co-Founder of Zoomsquare 

› Board Member at Startup Bus 

› Founding Partner at Intellyo 

 

 

Florian Fuchs-Martschitz, BBA 

Founding Partner & CFO 

› Management Consulting Experience › 5+ years Financial Industry Experience 

› Blockchain Enthusiast 

› Crypto Investor 

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Mag. Alexander Rapatz, MBL 

Founding Partner & CLO 

› Independent Advisor at European Commission 

› Legal & Compliance Officer  

› Business Angel 

 Alexander Brovman 

CTO 

› Global Head of DevOps and Principal Cloud Security 

Engineer at Solera Holdings 

› Formerly Automation and SDS Principal Engineer Erste 

Bank Group 

 

Mel Merio 

Influencer Manager 

› TV Moderator 

› Music Producer 

› Artist  

 

 

Blonde 2.0 

PR 

› One of the world’s leading boutique tech PR firms › www.blonde20.com 

 

 

Stadler Voelkel 

Attorneys at Law 

› Start Ups & Cryptocurrencies 

› Several successful ICOs 

› www.svlaw.at 

Dmitry Piasecki 

Art Director 

› Brand & Interface Expert 

› 15+ years Art & Design Field Experience 

› dmitrypiasecki.com 

 

 

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7.1.2 Advisors 

Geistgrow, USA 

Advisor › Co-Founder of Humboldt Seed Organization › Worldwide Cannabis Seed Distribution 

MyWish.io 

Smart Contract Development 

› Decentralized Full-Cycle Platform  › www.mywish.io 

 Joscha Krauß, DE 

Advisor › General Manager at MH Medical Hemp GmbH › Active Worldwide in the Area of Medical Cannabis 

 

Mag. Klaus Hübner 

Advisor 

› Board Director at arge-canna.at  › Foremost expert in the field of CBD quality control 

› Representation of Medical Users in Austria 

 

 

7.1.3 Corporate Structure and Key Information 

CBDoken GmbH  

 

Tuchlauben 7a 

Vienna, 1010 

Austria 

FN 491418 z 

Contact Information 

 

T:  +4312530025-308 

E: office@cbdoken.com 

W: www.cbdoken.com 

 

 

7.2 Closing Words 

CBDoken is a technology company focused on bringing CBD Vouchers on the                       

blockchain. Through issuing our own Crypto Voucher our customers can digitally                     

buy and trade in a wide range of CBD based products such as full spectrum oil.                               

The Token can be converted into the underlying physical product at any time                         

and shipped globally.  

 

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This process enables a transparent and consolidated market-price for buying                   

and trading CBD products with the peace of mind that the product underpinning                         

each Token is stored safely and always available to the owner. 

 

We believe that through significantly increasing transparency in pricing across                   

the industry, CBDoken has the potential to become the medium of distribution                       

for the global CBD trade. In the coming years we expect to rapidly grow our                             

product portfolio and market reach to cover an even wide range of the CBD                           

market. 

 

Our target market covers crypto enthusiasts, CBD user, retailers and of course                       

CBD producers. It is our goal to provide tangible benefits for each of our market                             

segments and serve to facilitate the global CBD trade. This will be achieved                         

through a solid technical blockchain implementation serving to create vouchers                   

for different CBD Products as well as an ever expanding network of suppliers,                         

consumers and resellers. 

 

With an experienced team of entrepreneurs, consultants, lawyers and marketing                   

experts we believe we have all the necessary skills, the dedication and drive to                           

successfully implement our vision for a CBD market that easily accessible,                     

transparent and fair to all participants - ultimately driving down the cost for the                           

only one who really matters, the customer. 

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