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Invest in Chow420 for the High Growth of CBD and Smart Retail Markets
At Chow420, we’ve built the backbone of the CBD industry and all federally legal cannabis products. We have successfully placed ourselves as the perfect midpoint service provider in an emerging billion-dollar market by enforcing quality in the market and ensuring customers get only the purest and safest CBD/Cannabis products through our product verification process that provides traceability of product content, genetics, ingredients, origin, impurity testing results, method of production and more. In the absence of active FDA regulation, our service plays a major function in enforcing consumer safety and promoting trust in an otherwise disorderly space.
We believe that our product verification will set the foundation for transparency in the restricted cannabis market. This will allow us to provide the federally legal cannabis industry with key online services in the future such as:
The Problem
In the over-saturated and un-regulated CBD industry, quality brands are being drowned out. Trapped in spaces where they have to compete with lower quality offerings. Over 70% of products in the market are mislabeled, state laws also change every day, and customers are put at risk when brands make false health claims. The need for one central source of truth and compliance for the CBD market and the incoming cannabis market is as urgent as ever.
The Solution
Chow420 is the one-stop destination for the CBD industry and all other federally legal cannabis products. At Chow, we've built a world-class blockchain-powered ecosystem with the capacity to house the entire billion-dollar cannabis market. With Chow420, customers are able to buy products that have been vetted and recorded on the blockchain to be labeled correctly, safe for use, and, most of all, compliant with their state laws and regulations. On the other hand, retailers utilize our adaptable eCommerce to scale their businesses online. Seamlessly advertising and selling through our online platform and automated dispensaries. And because our offerings come pre-arranged with legal and age compliance controls and management, our clients do not have to commit their own resources for such expenditures.
With our smart ecosystem that is made up of our automated dispensaries and online marketplace, we plan to build the bedrock for the cannabis market. We believe our automated dispensaries will allow us to launch faster than the competition while our online marketplace will serve as the backbone for the market online.
The Market
Currently, there is no dominant retailer in the CBD market, which means that there is an opening for a niche leader. With our proprietary marketplace, we’ve been able to create an efficient and smart way to take advantage of this opportunity by furnishing thousands of cannabis stores and brands with a pliable and decentralized platform for commerce.
CBD - The Intersection with billion-dollar industries:
CBD exists right at the intersection of 3 huge consumer trends. The $49 billion "Herbal Supplement Industry", the growing anxiety economy and the almost overnight rise of the legal cannabis industry.
Our Traction
Fully built Amazon-caliber blockchain-powered marketplace platform to support the entire CBD/Hemp cannabis industry online. See at https://www.chow420.com/
Launched automated stores across 4 states in partnership with SIMON and PREIT malls.
Built Chow420's patent-pending cannabis blockchain certification process that provides trust and enforces the accuracy of product labels for cannabis products.
Successfully democratized legal compliance for hemp cannabis businesses nationwide, saving businesses thousands in legal fees when they sell on Chow420. We believe that this puts us a step closer to achieving the most practical platform for the cannabis market online.
The Business Model
Online marketplace subscription: We charge retailers and brands monthly fees to sell on our platform.
15% fee on all online transactions: We take 15% to 20% of all online transactions that go through our platform.
High-yield brands (50% to 380% Margins): We’ve lined up specific, high-yield partnerships, some of which allow us to make 387% of our cost price on each product we sell.
Chow Certified fee - We charge sellers a fee to get their products to be Chow420 Certified.
Chow ADS: Chow Ads are currently available on Chow420.com for retailers for free. The Chow video ads is an intuitive framework within our ecosystem that allows companies to promote products to customers using videos. Cannabis companies are projected to spend over $3 billion dollars in ads by 2025 in North America alone, and we see huge potential here for brands within the Chow420 ecosystem, especially with the fact that Facebook, Google, and other social media platforms restrict CBD and cannabis ads.
ChowPay and Chowcash: We’ve successfully launched our internal payment credit system for buyers on Chow420.com called Chowcash, and we plan to use this wallet system to streamline payments for other brands and stores outside our ecosystem. We plan to charge retailers and brands 3% per transaction when they use ChowPay for their online and physical businesses. With the cannabis market projected to reach $80 billion by 2022, and with the issue of prominent payment system providers staying away from the market, we believe this is a great opportunity for us.
Raas (Chowgo): The COVID-19 Pandemic has exposed the fragility of present physical retail solutions, so we plan to launch a RAAS (Retail as a service) solution called Chowgo. However, due to delays because from COVID 19, we have decided to suspend this concept (to be revisited in 2023) for now and focus on the core aspects of our business; ChowPods, Chow Stores, and Chow420.com.
*Images are computer generated demo versions. Product is still currently under development.
What We Do
We vet products on the blockchain through smart contracts with manufacturers and cannabis labs to ensure that our customers get what we believe to be only the purest and safest products (Chow Certified). We also automate customer compliance with their respective state laws (ChowCheck) and make it easy for customers to access products through our automated dispensaries and online marketplace. We are using the Amazon marketplace approach to become a dominant retailer for the industry in a fast and efficient way.
What is Chow Check
Chow Check is a patent-pending process that gives customers and retailers/brands unique identities. These unique identities are used to determine who the user is and what state laws pertain to the user i.e customer or the retailer. With these unique identities, we are able to streamline legal compliance for customers and retailers in real-time on our network.
ChowCheck for CBD customers:
What is Chow Certified - Blockchain
With the over-saturation of federally legal cannabis products in the market (CBD is not FDA-regulated), we believe it is imperative to have a set, trusted, and unforgeable certification standard for cannabis and CBD products.
Chow Certified is a digital blockchain certification process that enforces product-label accuracy for CBD and other federally legal cannabis products. For a product to be Chow certified, two smart contracts must take place. The first smart contract happens when a product passes our vetting process. The first contract is between the brand and Chow420. The second contract happens when our system validates the lab result of the product by searching the database of the cannabis lab responsible for testing the product. The Chow420 certification is an unforgeable and unbreakable certification that gives all cannabis products a UNIQUE IDENTITY that allows us to gain customer trust, verify the source of all products and enforce the accuracy of product labels on Chow420.
We plan to introduce third-party vetters and verifiers to our network in the near future to achieve arguably a web 3.0 for the cannabis sector.
How We Are Different
CBD sales are predicted to reach $20 Billion by 2024, and the overall U.S cannabis market could pump nearly $80 billion annually by 2022. Chow420 is a full whole commercial solutions construct, anchored on innovation in sales and marketing, legal compliance, data management and the provision of a platform that could activate latent potentials across all the functions that an aspiring and active CBD business would need to grow while maintaining prudency.
1. First in the market that we've seen of a smart retail company for federally legal cannabis products
No other company has entered the CBD market with the technology of seamlessly integrating a physical and online platform that makes it easier for consumers to shop from over 200 CBD brands at home and in person. While there may be other brick-and-mortar retailers and websites for CBD products, we’re the first place to create a dynamic one-stop shop for customers and retailers. The emphasis is on the creation of a sustainable and self-powered ecosystem for the market which has been largely ignored and under-provisioned.
*Images are computer generated demo versions. Product is still currently under development.
2. Proprietary marketplace that can help us scale faster to become a dominant retailer in a cost-effective way
We’ve built the perfect platform that allows brands and store owners to sell directly to customers under the Chow420 umbrella in the most compliant way. This approach has proved to be very successful for new and emerging industries throughout history. Amazon became successful by doing the same for eCommerce business, Uber became successful by connecting multiple drivers to customers, Etsy became successful by creating a marketplace for handmade crafts and we believe Chow420 can be very successful by building a streamlined marketplace for the cannabis industry.
Beyond connectivity, Chow420 is also incorporating other stakeholders such as testing laboratories and an in-built payment system rationale. These are in order to allow the flow of finance and data to the flow of goods, between relevant parties.
3. Automated Compliance and Blockchain
Our ChowCheck and ChowCertified process separate us from the crowd. Our patent-pending ecosystem allows us to automate compliance in real-time, and verify brands in an intuitive and efficient way.
*This testimonial may not be representative of the experience of other customers and is not a guarantee of future performance or success.
4. Zero-Contact Automated Pods & Stores
Through smart partnerships, we’ve been able to build zero-contact age-verification automated stores. We believe our zero contact automated stores will allow us to launch physical stores much faster than our competition. In 2021, we came up with two types of machines and a movable store to streamline our launch process:
*Images are computer generated demo versions.
What are ChowPods
ChowPods are zero contact automated dispensaries that make CBD accessible to customers on the go. Our dispensaries allow us to verify customer age and allow customers to control the machine from their phones. ChowPods are currently in mall spaces across the northeast.
Truly Zero Contact Machines
The ChowPod allows customers to shop and pay with a QR code. This makes the ChowPod more effective and attractive to our customers.
The zero-contact ChowPod at the Cumberland Mall - Vineland, NJ
Above is a screenshot that shows the ChowPod zero-contact QR code. Customers can now scan and shop from the ChowPod with their Smartphones.
5. Data-Driven Review System
We use data to solve the confusion around cannabis effects through the use of a transparent and in-depth review system for customers to interact with other customers that have used a product, share experiences, and also communicate with the brands themselves to get more insight on products. With our review system, customers get full knowledge of every product before making a purchase.
6. We are more than a technology company
To add to our offering as the one-stop stop destination for the cannabis industry, we manufacture 5 CBD brands i.e Cibigo, Moon, 411, Fortune, Endless Feelings. Thereby, taking a proprietary stand in the market. An affirmation of our belief and trust in the market and our system. These CBD brands allow us to make as much as 300% of our cost price and will be at the forefront of our automated stores.
7. Lightning-Fast Shipping - Chow’s Choice
In order to be able to become a dominant player in the CBD space, we have decided to partner with shipping companies that possess fulfillment centers across delineated high-traffic geographical market segments of ours in Northeastern, Midwestern, and West Coast regions of the United States. These arrangements will enable us to ship products to customers within 1 to 3 days. This lightning-fast shipping on Chow420 is only for Chow’s Choice products (our version of Amazon Prime).
8. Exceptional Rewards Program
Our focus as a company is centered around customer satisfaction and providing the most attractive option for customers in the cannabis market with Chowcash. At Chow, customers get 2% cashback, $1 to $3 back when they review past purchases, $20 when they invite loved ones to Chow420, signup bonuses and more!.
The Vision
By 2025, we plan to have automated dispensaries across the country and maintain an efficient online marketplace that will enable us to have a dominant presence and be an indispensable service for customers, brands, and retailers in this space. We believe our strategic positioning will allow us to play a definitive role in the overall cannabis market. Our goal is to become the central eCommerce and verification platform for the cannabis industry. Providing trust, compliance, and convenience for customers in this space. We plan to support most of the industry online and offline in the near future.
THC
We plan to jump into the THC market as soon as it becomes legal on the federal level in the U.S - The U.S cannabis industry could pump nearly $80 billion on an annual basis into the nation’s economy by 2022.
OUR LEADERSHIP
Chow420 was founded by Zach and David Obasiolu
David holds a bachelor's degree in Electronics & Electrical Engineering and a Master’s in Cybersecurity. David is a serial entrepreneur and an engineer known for building automated identity management solutions (the foundational rule of Chow’s ecosystem) for power, finance, and healthcare companies. Before College, David spent most of his childhood working at his family's wholesale frozen foods company, where he gained the experience of what it takes to grow a company from a one-store setup to a million-dollar establishment. Zachary has a design and project management background in the startup industry - where he had early success helping a startup grow from a 2-person team to an acquired business
Why Invest
Chow420 will be the leader in this exciting market. We have a great team and have spent the last 2 years conducting research and development on the CBD market. The Chow420 mission is to provide the cannabis industry with a robust offering that uses a blockchain basis to erase the opacity around product labeling, lab result manipulation, and legal non-compliance, using a combination of physical and online tools to promote best practice with regards to the retailing, lab testing confirmation, selling and purchasing processes.
Key points and Advantages:
We believe we have created the most attractive experience in this market.
As other brick-and-mortar retail companies scramble to compete, we can launch 10 times faster with automated dispensaries.
This is a market without a dominant retailer.
We have very low overhead costs and high-profit margins.
We hold a very strategic place in this market, where both brands and customers need us.
*Images are computer generated demo versions. Product is still currently under development.
After decades of unfair cannabis laws. Our goal is to make legal compliance accessible to everyone and not only large corporations. We believe that federally legal cannabis opportunities should be accessible to everyone, especially for communities that have been affected by these laws, so that they too can benefit from the incoming cannabis boom and the government's new stance on cannabis.
Invest in Chow420 for the High Growth of CBD and Smart Retail Markets
Chow420 Raises $1M in Seed Funding to Automate Compliance for the CBD Industry
How Chow420 is Revolutionizing the CBD Market with Automated Online Compliance
Meet the Founder of Chow420, the First Platform to Automate Customer and Retailer Compliance with State Laws Online.
Founder of Chow420, David Obasiolu Aims to Help Hemp Businesses Save Thousands in Legal Fees.
Chow420 Sets its Sights on Solving the Trust and Safety Problem in the Hemp CBD Market with Blockchain Technology
Chow420 Launches Blockchain Platform to Help Solve the Hemp CBD Market’s Trust and Safety Problem
Company | : | VLISO Inc. |
Corporate Address | : | 2035 Sunset Lake RoadSuite B-2, Newark, DE 19702 |
Offering Minimum | : | $10,000.00 |
Offering Maximum | : | $3,930,147.20 |
Minimum Investment Amount(per investor) | : | $272.00 |
Offering Type | : | Equity |
Security Name | : | Common Stock |
Minimum Number of Shares Offered | : | 6,250 |
Maximum Number of Shares Offered | : | 2,456,342 |
Price per Share | : | $1.60 |
Pre-Money Valuation | : | $17,117,459.20 |
Voting Rights of Securities Sold in this Offering
Voting Proxy. Each Subscriber shall appoint the Chief Executive Officer of the Company (the “CEO”), or his or her successor, as the Subscriber’s true and lawful proxy and attorney, with the power to act alone and with full power of substitution, to, consistent with this instrument and on behalf of the Subscriber, (i) vote all Securities, (ii) give and receive notices and communications, (iii) execute any instrument or document that the CEO determines is necessary or appropriate in the exercise of its authority under this instrument, and (iv) take all actions necessary or appropriate in the judgment of the CEO for the accomplishment of the foregoing. The proxy and power granted by the Subscriber pursuant to this Section are coupled with an interest. Such proxy and power will be irrevocable. The proxy and power, so long as the Subscriber is an individual, will survive the death, incompetency and disability of the Subscriber and, so long as the Subscriber is an entity, will survive the merger or reorganization of the Subscriber or any other entity holding the Securities. However, the Proxy will terminate upon the closing of a firm-commitment underwritten public offering pursuant to an effective registration statement under the Securities Act of 1933 covering the offer and sale of Common Stock or the effectiveness of a registration statement under the Securities Exchange Act of 1934 covering the Common Stock.
**Maximum Number of Shares Offered subject to adjustment for bonus shares. See Bonus info below.
Company Perks*
Time-Based:
Super Early Bird Bonus
Invest within the first week and receive additional 10% bonus shares.
Early Bird Bonus
Invest within the first two weeks and receive an additional 5% bonus shares.
Amount-Based:
$272+ | Bronze
Receive a 5% lifetime discount on all Chow420’s internal CBD brands i.e Cibigo, Moon, Chowthis, and Endless Feelings products. Investors can also claim an additional $20 in-store credit (Chowcash) for referrals on Chow420.com.
$500+ | Silver
Receive a 10% lifetime discount on all Chow420’s internal CBD brands i.e Cibigo, Moon, Chowthis, and Endless Feelings products. Investors can also claim an additional $20 in-store credit (Chowcash) for referrals on Chow420.com.
$1,500+ | Gold
5% Bonus Shares + Receive a 15% lifetime discount on all Chow420’s internal CBD brands i.e Cibigo, Moon, Chowthis, and Endless Feelings products. Investors can also claim an additional $20 in-store credit (Chowcash) for referrals on Chow420.com
$5,000+ | Diamond
20% Lifetime Discount + 7% Bonus shares + Receive a 20% lifetime discount on all Chow420’s internal CBD brands i.e Cibigo, Moon, Chowthis, and Endless Feelings products. Investors can also claim an additional $20 in-store credit (Chowcash) for referrals on Chow420.com
$10,000+ | Platinum
20% Lifetime Discount + ChowPod Mini + 10% Bonus shares + 20% lifetime discount on all Chow420’s internal brands. Platinum Investors are also eligible to launch a ChowPod Mini for free (In partnership with Chow420)
*All perks occur when the offering is completed.
The 10% StartEngine Owners' Bonus
Chow420 will offer 10% additional bonus shares for all investments that are committed by investors that are eligible for the StartEngine Crowdfunding Inc. OWNer's bonus.
This means eligible StartEngine shareholders will receive a 10% bonus for any shares they purchase in this offering. For example, if you buy 100 shares of Common Stock at $1.60 / share, you will receive 110 shares of Common Stock, meaning you'll own 100 shares for $160. Fractional shares will not be distributed and share bonuses will be determined by rounding down to the nearest whole share.
This 10% Bonus is only valid during the investors' eligibility period. Investors eligible for this bonus will also have priority if they are on a waitlist to invest and the company surpasses its maximum funding goal. They will have the first opportunity to invest should room in the offering become available if prior investments are canceled or fail.
Investors will only receive a single bonus, which will be the highest bonus rate they are eligible for.
A crowdfunding investment involves risk. You should not invest any funds in this offering unless you can afford to lose your entire investment. In making an investment decision, investors must rely on their own examination of the issuer and the terms of the offering, including the merits and risks involved. These securities have not been recommended or approved by any federal or state securities commission or regulatory authority. Furthermore, these authorities have not passed upon the accuracy or adequacy of this document. The U.S. Securities and Exchange Commission does not pass upon the merits of any securities offered or the terms of the offering, nor does it pass upon the accuracy or completeness of any offering document or literature. These securities are offered under an exemption from registration; however, the U.S. Securities and Exchange Commission has not made an independent determination that these securities are exempt from registration.
Few hours left to Invest!
Over $700k raised
Invest in effective, accessible, and trusted cannabis wellness products for everyone!
We are pleased to announce that we will start accepting ad requests for our ChowPods this summer.
Businesses and people interested in launching ads on ChowPod can visit chowpods.com and click the "advertise" button!
If you haven't received your investor coupon, it is solely because we do not have access to your details yet. We will get access to all investor emails at the end of the campaign for the final round of investor coupons. Please be patient with us, you will receive your coupon very soon. Don't forget to share your coupons with friends and family!
High-Speed Loading times for our ecosystem.
Our ecosystem is now 80% faster to facilitate loading times, SEO, customer satisfaction, customer transactions, and more.
Read the full article here to learn more about us:
We’re pleased to announce that we’ve launched our first control center. This control center will help facilitate customer transactions and reduce the customer checkout process to as low as 3 seconds. The control center has the capacity to manage up to 100 machines at a time and will be very important in providing customers with real-time support, age verification, & more. This will help us increase machine performance and customer satisfaction.
Visit a ChowPod and request live support!
The new Chow420 logo signifies trust, transparency, happiness, and more. This logo will allow us scale beyond cannabis in years to come
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