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CERES Coin Files to Raise $20 Million ICO for Blockchain based Cannabis Transaction Network CERES Coin has filed a Form D with the Securities and Exchange Commission (SEC) indicating its intent to raise up to $20 million to launch a “Blockchain based transaction network for the legal Cannabis industry.” Ceres’ initial coin offering (ICO) seeks to provide a solution to the “unbanked” legal Cannabis sector. The problem Ceres wants to solve is the fact that most banks do not want to work with Cannabis based businesses. This creates a

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Hard sell: Hard selling in advertising refers to the transmission of direct and overt sales messages to the prospective buyers. Ex Post Facto: This means 'after the fact'. Systematic risk: In finance, systematic risk, is the risk associated with aggregate market returns and which cannot be combated by investment diversification. Switching costs: The costs of switching, which is incurred when a customer moves from one marketplace or supplier to another. The latter is awarded as compensation for actual damages, that can be quantified, as well as compensation for emotional distress. It works

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