FAQ
JuicyFields is a medicinal cannabis crowdgrowing platform that connects people with licensed producers and distributors from around the world. This revolutionary system leverages the power of partnership in commercial cultivation, keeping the economic benefits within the community level, so that the supply chain retains the money and the value. This allows the producers to expand operations to make the end-product less expensive, higher-quality, and more desirable as an export, while new e-growers (yes, that’s you) can enter the business with less risk, by removing the usual entry barriers for licensing, costs, cultivation and distribution expertise.
By registering on our platform, you agree with the Terms and Conditions and, therefore, it is in your interest to carefully review them.
Please read our Greenpaper to simplify your interpretation of our platform.
The simplified platform process:
1) E-growers buy clones on the JF platform.
2) JF operates under a contract with licensed partner A for cultivation and other services.
3) After harvesting, partner A sells products with high THC content under a contract of intent with partner B. JF receives its share of the value of transaction X.
4) JF pays the Y amount to the e-grower.
If you are looking for legal information regarding our company, make sure to check our Impressum.
Yes, it’s completely legal. All our growing and processing partners are fully licensed to cultivate and process medical cannabis in their countries.
The idea of JuicyFields came in 2012, and first steps were not made on behalf of any company per se. It was an association of people interested in developing the idea and creating the project as we see it now. Our future groundwork team then spent time on conducting investigation and research of the market to see where the opportunities lay. Gaining the right knowledge and skills, to make a platform where everyone in the world is able to benefit from the medical cannabis industry.
The JuicyFields platform was launched on March 22, 2020, on the basis and through Juicy Grow, the company that was engaged in the supply of equipment. From that moment on, the idea became a reality and the project was finally able to begin its journey. Nowadays, the company shows exponential growth, with several dozen partnerships and a team of more than 80 people around the world.
The cannabis industry is one of the fastest growing industries in the world, but also one of the most complex ones, that requires huge funds and endless licensing. We launched this platform with the aim of giving the opportunity to anyone in the world to become a member of the cannabis industry, and we fight daily to make this possible. Juicy territories are expanding and the number of partners is growing in parallel with the number of participants on the platform, and that is exactly the plan, Grow.
We plan to acquire 1.5% of the market share by 2025 and become one of the top 5 suppliers of high THC cannabis alongside the current top market players at a worldwide level.
Like any business, ours also has risks, as a dedicated and professional team we do everything possible to reduce these risks, including selecting the partners we work with under a multitude of strict requirements.
To avoid unforeseen events, we calculate and implement solutions against the most common risks both in reserve clones and in operational productions. There are, of course, risks that no one is protected from. For example, a crop may be spoiled due to abnormally high or abnormally low temperatures, flooding may occur due to heavy rains, new types of fungus, diseases, insect infestation, industrial accidents at partner's premises, license revocation may arise, etc...
In all of these cases, JuicyFields will do everything in its power to ensure that e-grower yields occur and funds are delivered to your e-grower account as quickly as possible (4.7 JuicyFields Guarantees, Terms and Conditions).
More global cases, such as climatic disasters, cataclysms, military actions at the same time in ALL partners would make it impossible to renew a batch of plants for example. As with any investment in any business, in the event of bankruptcy, any loss must either be assumed with the local financial authorities or deemed lost. Note that this is the most negative scenario, which is extremely unlikely as our partners are located on different continents: Africa, South America, Europe.
It is essential to understand that all parties receive profits from the crowdgrowing, JF, the partners and the e-growers, nobody will benefit from the fact if any of the parties fails to fulfill their obligations. JuicyFields' business is the cultivation of cannabis with high THC content, and the sale of such is serious business, and it is certain that we will not profit from any bankruptcy, especially when we work with governments, qualified associations and the legal authorities.
All of our partners are licensed to cultivate and sell cannabis, some of them are authorized to produce and market derivatives also. The obtained raw materials are supplied to producers with the appropriate license, for further processing, packaging and sales. Derivatives and products are released to large distribution networks with the appropriate license, with pharmacies as the end points of sale.
Our company is legally established, and we operate strictly under current legislation, and so do our partners. Your participation in our platform is completely legal, regardless of the legislation in the country where you are located.
Your interaction is only with our platform, you do not interact directly with any of the partners or participate in any of the stages of plant cultivation or sale of the crop.
As an example, this can be compared to buying shares in pharmaceutical companies. There, individuals are also prohibited from doing something themselves, but it is not prohibited to make a profit from the activities of these companies. However, this is an example, we are not a financial institution or service in that regard.
Visits to plantations are possible and have already taken place several times. As our partners' cannabis plantations are used for medicinal purposes, it is not possible to organize visits as often as our community wishes. Visitors are selected by JuicyFields, if you plan to apply for an upcoming visit, please notify us at [javascript email].
You can review the #VirtualGreentours available on our YouTube channel:
Sabores Púrpura
Kannabyte
Also, we often share media content from our partners' plantations in our Telegram chats and social media.
Of course, we have multilingual support available 24/7, as well as local Telegram groups, join us:
🇬🇧 JuicyFields English: https://t.me/juicyfieldsio
🇪🇸 JuicyFields Español: https://t.me/juicyfieldsiospanish
🇫🇷 JuicyFields Français: https://t.me/juicyfieldsfrench
🇵🇹 JuicyFields Português: https://t.me/juicyfieldsportuguese
🇨🇳 JuicyFields 普通话: https://t.me/juicyfieldschinese
🇮🇱 JuicyFields עִברִית: https://t.me/juicyfieldsisrael
🇩🇪 JuicyFIelds Deutsche: https://t.me/juicyfieldsgerman
🇮🇹 JuicyFields Italiano: https://t.me/juicyfieldsitalian
🇳🇱 JuicyFields Dutch: https://t.me/juicyfieldsdutch
First, you must be registered on the platform. Then you can go ahead and visit the Clone shop, select a plant and press the button "Purchase", choose the desirable payment method, and you will be redirected to a page where you will find all the details you need to make the payment for your order.
Note that there is a limit of 90 plants per order, and a 1000 plants per category.
We are always open to new collaborations. Based on your inquiry, please see the contact list below:
If you are a blogger, an influencer, and you have an advertising offer for us, you can email us at [javascript email].
If you are a marketer, webmaster, and engage in project promotion as an independent promoter, please share your proposal via email [javascript email].
If you want to talk about financing or material assistance for a project, email us at [javascript email].
Sales, distribution, wholesale, and ambassadors can contact us at [javascript email].
For partnership proposals (we are looking for dispensaries, production, supply, and everything in between) email us at [javascript email].
If you are interested in joining our team, please review the list of available positions on the page Jobs, however if you would like to apply for another role, send us your application, CV and a brief resume about you and your vision at JuicyFields to [javascript email].
You need to pay taxes in the place of residence in accordance with the country's tax laws. Unfortunately, we are not able to give tax advice related to accounting reports, tax declarations, or similar legal advice. For such consultation, it is better to contact an exceptional consulting company whose activity profile corresponds to the nature of the questioning.
Furthermore, it’s important to keep in mind that JuicyFields platform uses Euros for all transactions between users and partners. That means, your deposits in crypto will be automatically converted into Euros on the platform according to the actual exchange rate. When you decide to withdraw your profits, you can do that in crypto as well, however they will be displayed on your JuicyFields account in Euros. Both operations – deposits and withdrawals in crypto depend on the current exchange rate, which is set on an hourly-basis on the website.
For companies, as well as large buyers, we have a separate off-site offer. For more information see the brochure here and also find the PoF (Proof of Funds) document here and return to [javascript email] to continue the registration process.