The Juicy Fields platform has been operating since 2019, although its foundation dates back to 2017 and offers anyone to enter the world of investment and legal crowd growing of medical cannabis.
The idea is none other than to allow anyone to enter the business of this ever-growing market from an investment of €50.
The burgeoning medical cannabis industry
Undoubtedly, cannabis is always controversial and will always have its detractors, but on the other hand it has been more than proven that its medicinal use can help many patients with different illnesses.
That is why Juicy Fields has managed to enter a market that is becoming increasingly powerful and that moves more and more amounts, in all senses of the word. And it offers through its platform the possibility of becoming a grower, without having to do it at home, simply by supporting projects and crops in different areas and countries.
How does Juicy Fields do it?
- Obtaining licenses.
- Raising capital, through crowd growing.
- Obtaining suitable land or greenhouses.
- Hiring employees and managers.
- Training employees and management.
- Hiring service providers, such as lawyers.
You as an investor only have to provide capital, which would be the second item on the list, the rest is taken care of by the company behind the platform.
For any project, the most difficult thing is generally to raise the capital needed to set up the infrastructure and be able to go to market. Juicy Fields has solved this problem with this formula.
But why don’t they ask banks for money?
As I mentioned earlier, cannabis is still a taboo subject, even if it is medicinal, so many banks and lending companies do not tend to make things easy.
In addition, legislation in many countries does not help at all, either by omission or prohibition. Not to mention the bureaucracy and the slowness with which legislation changes.
How does the Juicy Fields business work?
Juicy Fields matches investors with medical cannabis companies in need of funding. This way all parties benefit.
Growers receive the money to be able to plant, harvest and then sell to the medical industry.
And the investors in return receive a percentage of profits on the harvest obtained, after it is sold.
How to get started on the platform?
First, you must be over 21 years old. This is the only legal requirement.
It’s very simple, you just have to register, for free. Once you are in you will access the management panel where you can see the types of plants that can be grown, choose the one that best suits your investor profile.
Payment can be made in both cryptocurrencies and FIAT money. Something that also gives you a lot of security is that they allow you to invest with euros or dollars, as not many payment gateways accept this type of business or similar.
Once you have made the payment, you will have to wait the stipulated time for the type of plant you have chosen, you just have to wait for it to be harvested and you can sell it to obtain the profit. This can vary depending on each harvest, which is also understandable in a crop that will not always give you the same yield.
But is Juicy Fields legal?
It is completely legal as the cultivation and processing partners have the necessary licenses from their countries of origin.
How did Juicy Fields come about?
The business started in Spain, although there were many difficulties as we have already mentioned in terms of legislation and permits.
So the idea arose to create a platform for people like the founders, who wanted to become growers of these types of plantations, but did not have enough capital to get started.
After a long time of study, not only of the type of plants, but also of marketing, international trade agreements and legislation, they decided to create a platform to help this type of people.
The team has been joined by people from different fields with knowledge and professional experience that make the project more and more robust.
The idea for the future of Juicy Fields is to have more than 20 associated projects, and to become the main international Medical Cannabis brand.
How do I buy plants on the platform?
You must choose the type of plant you want, you have 4 possibilities:
- JuicyFlash, a single harvest, the cheapest investment.
- JuicyMist, renewal every 3 years, four harvests per year, so you don’t have to buy again every 3 and a half months.
- JuicyKush: renewal every 4 years, three harvests per year but heavier.
- JuicyHaza: Renewal every 5 years, two harvests per year, which has a higher selling price and a higher yield per harvest.
Once you have chosen the type of plant and the quantity of the order, you will be taken to another page where you can review the order and click on buy.
And finally you only have to choose the method of payment, you have 4 possibilities:
- Bank transfer, it may take several days for the payment to be reflected on the platform due to the type of payment and international transfers.
- Bitcoin, is the most recommended and generally the cheapest of the crypto options. The payment process can take at most 1 hour, depending on the wallet from which you pay.
- Ethereum, the only drawback is the fees you have to pay, which are currently quite high.
- tether (USDT), a dollar-pegged stablecoin, also from the Ethereum network.
Once you have made the payment and it has been verified on the platform, you will only have to wait for the stipulated time for each plant to sell the harvest and receive your profits.
In conclusion
A very modern project, which has been able to adapt to the needs of the market and launch a company that covers a need that is increasingly in demand.
If you need more information do not hesitate to contact us, we will be happy to answer all your questions.
*On this page we are not official employees of Juicy Fields, we work independently as an advertising partner.