CMTREX

Company Overview

Snapshot

Founded in June 2018 by Saul Singer and Saul Kaye, CMTREX operates with 1–10 employees. The company is currently in a Pre-Funding stage. In July 2018, CMTREX announced its plan to launch an international cannabis mercantile trading exchange in partnership with iCAN: Israel-Cannabis.

Business overview

CMTREX (Cannabis Mercantile Trading Exchange) develops a blockchain-based international trading platform for cannabis. Its core technology provides a secure digital B2B marketplace, tenders, brokerage services, and futures contracts, addressing the need for price transparency in the wholesale cannabis market. The company serves the global cannabis industry, operating within the Business Software, Sales & Marketing Solutions, and e-Commerce Tools sectors.

Strategic signal

In February 2019, CMTREX announced a joint initiative with Theracann International to advance authentification standards in the global wholesale cannabis market. This collaboration signals CMTREX's commitment to enhancing trust and transparency within the nascent and rapidly evolving cannabis trading ecosystem, which is crucial for attracting institutional participation and standardizing global trade practices.

Company Intelligence Q&A

What is CMTREX's primary offering?

CMTREX provides a blockchain-based international trading platform for wholesale cannabis, offering a secure digital B2B marketplace, tenders, brokerage services, and futures contracts.

When was CMTREX founded and by whom?

CMTREX was founded in June 2018 by Saul Singer and Saul Kaye.

What significant partnership did CMTREX announce in July 2018?

In July 2018, CMTREX announced its plan to launch an international cannabis mercantile trading exchange in partnership with iCAN: Israel-Cannabis.

What joint initiative did CMTREX undertake in February 2019?

In February 2019, CMTREX and Theracann International announced a joint initiative to advance authentification standards in the global wholesale cannabis market.

What other collaboration did CMTREX announce in February 2019?

In February 2019, CMTREX and New Leaf Data Services announced a joint initiative to advance efficient and transparent trading in the global wholesale cannabis market.