BuddToken Aims to Bring Blockchain Banking Solutions to the Global Cannabis Industry

June 11th, 2018 – This week Budd Holding Ltd. officially announced their much anticipated Pre-ICO for BuddToken (BUDD), which will begin on June 4 and conclude June 25. 

Budd Holding Ltd. is seeking to revolutionize the cannabis industry by bringing much needed banking solutions for companies selling cannabis products.  The blockchain space represents the future of democratized global currency, as well as a hub for innovative technology across all industries.  With the cannabis industry set to explode in the next few months, such as Canada, companies are in desperate need of financial service solutions, so they don’t have to operate on a strictly cash basis.

BuddToken is building an online marketplace powered by Blockchain technology.  They are essentially building the Amazon of weed, where cannabis producers can list, advertise, and sell their products to consumers on one united platform.  They plan on becoming a federally licensed cannabis producer and building a state of the art production facility in Canada, where they will produce and sell their own line of cannabis and hemp-based products to countries with federally legalized environments. 

Perhaps the biggest benefit that BuddToken will bring to the cannabis industry is providing a safe and secure banking solution for cannabis companies.  This has long been an issue for cannabis producers and sellers, as they don’t have access to traditional financial services like most small businesses.  The Budd Accelerator platform will give cannabis sellers access to payment portals, digital assets storage, supply chain management, invoicing and more, greatly facilitating the way that cannabis companies do business.

The BuddToken team is comprised of an experienced group of cannabis and blockchain entrepreneurs with expertise in industry compliance both in the cannabis industry as well as the blockchain space.  The executive team has a successful track record in growing several fintech start-ups into multi-million-dollar companies.  The team will look to leverage their extensive connections within the cannabis industry to gain support and integration after their official product launch, which is set for Q2 2018.

The presale is set to begin on June 4. Visit buddtoken.com for more details. 

About Budd Holding Ltd.

Budd Holding Ltd. is a private company. Its digital currency, BUDD, is being developed as a banking platform for the entire cannabis industry. Budd Holding Ltd. is driving the global cannabis industry forward by creating a global Blockchain-based immutable ledger built on the utility tokens for the growers, manufacturers, consumers, retailers, and the global cannabis marketplace. The BuddToken is building an ecosystem of businesses around their token. This is to ensure the development of “in-house” products and services directly to their token community.

Media Contact
Company Name: Budd Holding Limited
Contact Person: Paresh Khatri, CEO
Email: Send Email
Address:196 High Road, Dept 1798 Wood Green
City: London
Country: United Kingdom
Website: http://buddtoken.com/