Cannabis makes crypto connection
The cannabis industry has tried valiantly to incorporate crypto into its business with little success. It was seen as a great way to work around a banking system that was hostile toward the cannabis industry. However, the uptake has been slow and uneven results have caused many to stay on the sidelines in wait and see mode. That hasn’t kept some in the industry though from jumping in with both feet.
DocDollars the mogul, entrepreneur, and Director of cultivation and innovation for Praetorian Global is stepping in as one of the new founders of a group called the Crypto Bull Society. Founded in October 2021, CBS is a private 4k NFT collection of 7,777 Crypto Bulls and 8,888 Crypto Bears – hand-drawn by the 3D artist Gal Yosef. Living on the Ethereum Blockchain, CBS grabbed the public’s attention and grew by more than 70,000 members within the first month. However, after months of explosive development, the project’s growth finally began to stall and the community grew restless of the previous owners’ empty promises and lack of progress. A few prominent members decided to take matters into their own hands. It was then decided that a new direction was needed, leading Floki, DocDollars (Doc), Drover, and Chris to take over control of the project in support of the community’s goals.
The group said that the previous founders were able to deliver to a point. When they could no longer support the project appropriately, an agreement was reached to turn over control of the project to the community itself. Since then, CBS has grown to more than 225,899 members and has still kept its core value intact: to make CBS the best NFT project in this space.
Cannabis connection
Praetorian Global, which was founded in 2015, is the parent company for the luxury brand Binske Cannabis. In March, Praetorian announced it had entered into an agreement to buy all the intellectual property “IP” assets of Oni Seed Co. (“Oni”). The asset acquisition will add the intellectual property portfolio behind the world-renowned and award-winning Oni brand and product offerings and pipeline to Praetorian’s already burgeoning stable of cannabis and hemp intellectual property. Oni is also known for its art and merchandise.
“This is a monumental and transformative moment for our company, all of our shareholders and all of our current and future partners,” said Jacob Pasternack, Founder, Chairman and CEO of Praetorian. “We are thrilled to bring Oni’s rich and storied heritage and world-class IP into our portfolio. For years, Oni has a been a premier IP resource for cannabis brands, cultivators and infused product manufacturers looking to expand and sophisticate their product offerings. Oni’s proprietary products, know-how and methodologies have significant, broad-based application for all sizes and forms of flower cultivation, which correlates to 100 percent of the downstream products sold in retail outlets around the world.”
Crypto Bull Society
Other new leaders of the Crypto Bull Society include Floki, Drover, and Chris.
Floki
Floki is the Founder & Architect of The Prime Cuts, an official partner of the Crypto Bull Society. A former leader in two of the world’s pre-eminent professional service firms, he serves as a global finance executive and Senior Leader to one of the world’s largest banks, spanning over 100 markets.
“Our community has never been stronger or more bullish on the future of CBS and the NFT market,” said Floki.
“We’re excited for the future of CBS, and Web3. Together with our partnerships, and our passionate community members we believe we’re positioned as well as can be for growth.”
Drover
Founder, Chairman of the Board, entrepreneur, civil engineer, principal investor, and CEO of a successful real estate development firm for over 25 years; Drover is a man of many hats. Set to make a big debut in the tech industry with a new app called NAME, he currently serves as the Principal of an international cattle, agricultural, and feed business.
Chris
An accomplished business strategist and leader, Chris has over a decade’s worth of experience scaling Fortune 100 companies and startup tech brands. He is also the founder of the successful philanthropic eyewear brand X.
“Crypto Bull Society is truly one of a kind,” said Chris.
“Not only are we one of the world’s first true 4K NFT collections, but we’re also run by the community itself. Less than one percent of NFT collections are community-led, and we’re proud to be one of them.”
