Enabling investors around the globe to receive the Cannabis Dividend®
The high-yielding annual Cannabis Dividend® will be exclusively available to Symboli token holders after the Security Token Offering (STO) in Q1 2019
Symboli presents an extraordinary dividend payout ratio of 100% of all net earnings.
The dividend will be generated from the first three years of revenue by our five Cannabis operations in Los Angeles, California, USA in ideal locations. These operations have expected cumulative annual revenues in excess of US$100 million in 2019, US$140 million in 2020, US$160 million in 2021, and estimated net earnings of at least 20% each year (medium scenario).
Our global team is incredibly excited to share Symboli’s Cannabis Dividend®, with investors and stakeholders. We are finalizing the private pre-sale round, and will announce the Symboli public pre-sale and ICO.
Those who wish to participate will be able to invest in early entry into two young industries with strong projected growth. It promises to revolutionize the decentralized financial landscape of cannabis.
Symboli will be an Ethereum-based security token launching its public pre-sale round and STO in Q1 2019 followed by its token generation event (TGE) and crypto exchange listings in Q2 2019 (currently Symboli is organizing and conducting a limited private pre-sale).
Symboli will use the STO proceeds to complete acquisition of the five cannabis businesses in Los Angeles (Beverly Hills, Marina Del Rey, two downtown L.A. and Van Nuys). These popular locations are expected to generate from their established operations cumulative gross revenues of $400 million over the next three years.
Symboli’s in kind dividend will also include exclusive privileges like VIP invitations to “Grow & Dispensary Tours” and exploring Symboli’s greenhouses that are usually closed to the public. Symboli’s token holders will get a California cannabis industry insider’s perspective, learning about cannabis cultivation from clone-to-harvest.
Symboli, Inc. will conduct the STO from the United States; the Symboli token and its blockchain will be Swiss made, developed by the wholly owned subsidiary in Symboli LLC Zug, Switzerland.
The world class team is incredibly excited to share Symboli’s Cannabis Dividend® with investors and stakeholders. Symboli is finalizing its private pre-sale round and then will announce public pre-sale details, the STO structure and cash dividend and dividend in kind details.
Symboli Announces Former U.S. Ambassador and Former Deputy Director at FDA to Its Board