Inside The Kore #10

The 10th issue of Inside The Kore is out!

Take a look at our latest content and have a good read!

KoreSummit Cannabis | Empowering Growth

The KoreSummit Cannabis is coming!

For this event, which will happen from October 24 to October 28, we will be talking about the Cannabis market in pocket sessions for the entire week, same time, same place and we are very excited to have you with us.

Cannabis is becoming an evergreen sector and how you can raise up to $75 million dollars in a safe, compliant and multi-currency ecosystem.

Check our event on Airmeet for details and confirm your presence!

https://ow.ly/yUYi50L2ogs

KoreConX and Cannabis Wiki educate entrepreneurs on how to raise capital

KoreConX focuses on helping cannabis entrepreneurs to use Regulation A (RegA+) and Regulation CF (RegCF) to jumpstart businesses, including by accepting credit cards. Cannabis Wiki is also part of this new endeavor.

KoreConX and Cannabis Wiki are now working closely together to help the cannabis sector grow. Through RegA+ or RegCF, these companies can raise up to $75 million?or $5 million respectively?every 12 months. Cannabis Wiki and KoreConX will start a series of content products to help educate these entrepreneurs.

The cannabis sector has been growing steadily in the past few years. According to Grand View Research Institute, market size was valued at USD 13.2 billion in 2021 and USD 16.7 billion in 2022, with a revenue forecast of USD 102.2 billion for 2030, which would represent a compound annual growth rate (CAGR) of 25.5% from 2022 to 2030.?

Derrick Berney, CEO and co-founder of Cannabis Wiki, is excited to see this partnership grow: “No one does what KoreConX does. Their materials, blogs, podcasts, they are really changing the way startups raise capital and the cannabis sector needs it. With their expertise and our years of service to the sector, we are positive we can cause a great effect on the whole ecosystem, create new jobs, expand revenues, and keep everything compliantly done”. Cannabis Wiki has currently over 2 million pageviews/month.

A number of studies show that derivatives from cannabis have been successfully used to treat patients with chronic pain, chemotherapy-induced nausea, and several neurological diseases. As well, Canada and?more than two-thirds of the U.S.A. states have legalized its recreational use.

Oscar Jofre, CEO and co-founder of KoreConX, is thrilled to start this new partnership. “Cannabis companies need to raise money, and there is plenty of it, both from accredited and non-accredited investors. We can help educate these companies and they can reach their audiences, their brand advocates, and turn them into shareholders in an easy way”.

?What You Should Know About 2-Factor Authentication

In today’s world, we are more connected than ever before. We rely on technology to keep us connected with friends and family, to keep us up-to-date on the latest news, to help us stay productive at work, and to even make investment decisions. But as we all know, with great power comes great responsibility. And, as we become more reliant on technology, the risk of our data being compromised also increases. To protect our data, we need to use security measures such as two-factor authentication (2FA), which aims to prevent identity theft, fraud, and other malicious activity.

What is Two-Factor Authentication?

Two-factor authentication (2FA) is an additional layer of security that can be used to protect your data. It works by requiring two forms of authentication to access an account or system. The first form of authentication is typically something that the user knows, such as a password or the answer to a security question. The second form of authentication is usually something that the user has, such as a phone or a credit card. The second form can even be more complex, like a fingerprint used to unlock a phone.

Why is Two-Factor Authentication Important?

Two-factor authentication is important because it helps to protect our data by making it more difficult for hackers to gain access to our accounts. By requiring two forms of authentication, 2FA makes it much harder for hackers to guess or force their way into an account. In addition, even if a hacker can obtain one form of authentication, such as a password, they still would not be able to access the account without the second form of authentication. 2FA is also important when it comes to compliance–keeping accounts secure from fraudulent transactions minimizes the risk to companies raising capital with JOBS Act exemptions.?

How Does KoreID Help to Secure User Data?

2FA becomes incredibly important when dealing with sensitive data, like an investor’s financial information. With #KoreID, trusted intermediaries like SEC-registered funding platforms or FINRA-registered broker-dealers can allow investors to use one set of login credentials to populate forms with the investor’s verified data. This enables investors to invest and reinvest more smoothly and 2FA helps to secure their sensitive information.

By using KoreID, investors can take advantage of the increased security that two-factor authentication provides. Two-factor authentication is an important tool that can be used to help protect your data. In today’s world, we need to do everything we can to protect our data and 2FA is one of the best ways to do that by making it more difficult for hackers to gain access to your accounts.

KoreClient Spotlight: Budding Technologies

Budbo . and Luke Patterson are looking to change the cannabis industry with innovative technology and the use of blockchain through its product, Budbo.

The Budbo ecosystem consists of three unique products; Budbo App, Budbo Connect, and BudboTrax. Together, these touch all aspects of the cannabis industry from growers and product manufacturers to dispensaries and consumers.

The Budbo App features a patent-pending technology that allows cannabis users to log into the application and enter some demographic data that is then used to make suggestions on strains and products of cannabis that would be best for the user. Users are also rewarded for providing this data with cryptocurrency tokens that can be spent on merchandise or accepted by dispensaries. With this technology, new users can feel more confident in choosing the strains and products that would be best for them based on data like their weight, gender, and experience level. After answering several questions on a 1-10 scale, the algorithm can make these suggestions. Pick-up and delivery options are available to consumers with an easy-to-use interface.

For dispensaries, growers, and product manufacturers, Budbo Connect enables them to access the data provided by Budbo customers and other third-party APIs. In the Connect dashboard, companies can keep product information up to date so that it can be found by the most appropriate customer. In turn, companies can see what types of products are popular or sought after by cannabis users in their region. With companies able to tailor their inventory to what customers are looking for, they can reduce waste, increase sales, and find the right product manufacturers for these products.

Lastly, BudboTrax, is a supply chain management system built on blockchain technology that gives users the ability to track products and lab results so that they can know exactly where their product comes from and if it meets the quality standards that they are looking for. This feature allows cannabis users to be confident in the product by providing much-needed clear visibility into the chain of custody of the cannabis plant and subsequent product.

Working together, these three elements create a robust suite of tools to empower the cannabis industry and to serve cannabis users with access to the safest and best product available.

To aid in the company’s growth, Budding Technologies, Inc. is using Regulation Crowdfunding to raise funds for their company. “We chose the Reg CF as the vehicle because it’s a grass-roots way to raise capital that is for everybody, and we feel cannabis and our technology is for everybody. What makes the Reg CF so great, is that it allows anyone interested in Budbo, cannabis, and blockchain, to have the opportunity to invest in Budbo and get involved with the company,” said Luke Patterson, the company’s CEO.

Budbo is an innovative company that is changing the way the cannabis industry works. With their use of blockchain technology, they are helping customers verify the quality of the products being sold while also giving businesses valuable data about what products are being used in their area and users on what cannabis is right for them.

Regulation CF Disclaimer

This communication may be deemed to be a solicitation of interest under Regulation CF under the Securities Act of 1933, in which case the following applies:

• No money or other consideration is being solicited, and if sent in response, will not be accepted;
• No offer to buy the securities can be accepted, and no part of the purchase price can be received until the offering statement is qualified, and any such offer may be withdrawn or revoked, without obligation or commitment of any kind, at any time before notice of its acceptance given after the qualification date;
• A person’s indication of interest involves no obligation or commitment of any kind; and
• An offering statement, which would include a preliminary offering circular, has not yet been filed with the SEC.

We hope you have enjoyed to be Inside The Kore!

See you next week with more content.