About Us
With offices in Vancouver, Shanghai and Singapore, CGA is well positioned to leverage the shift towards CBD legalisation in the world’s most populous region. The team brings together international business and capital markets expertise combined with in-depth understanding of Asian markets and consumers.
We work closely with Canrim Growth Group who have an investment agreement to fund and earn 75% ownership in CGA.
CBD Product Distribution
CGA has entered into a service agreement with YuShop Global, an Asia-focused e-commerce platform to access Asian consumer demand for CBD products. The platform will operate as a business-to-business (B2B) platform for sales of CBD products distributed in Asia through CGA. Initially, the focus of the platform will be on the Chinese markets, though CGA will continue to enter other markets where opportunities arise.
Contemporaneously, CGA is developing a proprietary sales platform which will seek to exploit direct business-to-customer (B2C) sales opportunities through a number of Chinese-focused software solutions, including, but not limited to, WeChat. CGA intends to focus efforts on this platform using multilevel marketing techniques in order to increase its sales reach.
Furthermore, CGA is in discussions with CBD product providers based in Canada and elsewhere with respect to the distribution of CBD products in Asia.
Investment Incubator
CGA has recently entered into a binding partnership memorandum of understanding (MOU) with XNode Startup & Corporate Acceleration, a private company incorporated pursuant to the laws of China. Under the XNode MOU, CGA and XNode have agreed to a commercial partnership to provide complete start-up ecosystem and growth capital to carefully chosen growth-oriented CBD companies which are developing products, technology and services in China, or seeking to enter the Chinese market.
Under the XNode MOU, CGA has the exclusive right to acquire equity from each growth company in an amount of up to 50 per cent or such higher number as agreed to by CGA. XNode has agreed to provide growth companies with (i) the use of XNode's incubator facilities in Shanghai, (ii) access to XNode's network, technical expertise and launchpad services in China, and (iii) accounting, intellectual property, legal and management expertise. The term of the XNode MOU is three years and CGA's exclusive investment right will remain for a period of up to a one year following earlier termination. Contact us about investment opportunities.
