Note

Token Sale dates and other info to be announced later on: www.7PassToken.com

About

7Pass will provide an investment vehicle spanning a spectrum of emerging investment opportunities in the cannabis sector. Against a backdrop of legislative dissonance, momentum investing, nascent financial infrastructure and companies with little or no operating history, 7Pass offers the opportunity to invest in a team with deep domain expertise and a proven ability to identify and build cannabis market leaders.

 

High volatility, imperfect information, latent demand and market inefficiencies characterize the current investment landscape for cannabis-related enterprises. Market volatility creates risks but has also historically provided opportunities for dispassionate, objective, professional investors to achieve above market returns. While we believe the volatility in the cannabis industry will eventually dissipate resulting in more moderate, stable returns to the investment community, we believe a near-term opportunity exists to assemble a portfolio of complementary investments through the application of sound financial discipline, diversification and risk/reward analysis.

 

7Pass will provide an investment vehicle spanning a spectrum of emerging investment opportunities in the cannabis sector. Against a backdrop of legislative dissonance, momentum investing, nascent financial infrastructure and companies with little or no operating history, 7Pass offers the opportunity to invest in a team with deep domain expertise and a proven ability to identify and build cannabis market leaders.

 

The cannabis ecosystem is emerging from the shadows due to a combination of surging consumer demand, the promise of incremental tax revenues and moderating social perceptions. However, this transition will not be easy or smooth. The dynamic transformation of the industry will leave a playing field littered with winners and losers. The enterprises that fail to adapt will suffer, but we believe those, which embrace this transformation, have the potential to realize attractive returns for investors. 7Pass’ intent is to selectively invest in a range of cannabis related companies specifically optimized both to provide an attractive mix of risk/return profiles and to mitigate downside risk and exposure.

 

7Pass also plans to capitalize on the continuous introduction of emerging technologies in the space. Specifically, as the cannabis market matures, technology, data and digital solutions will provide the critical infrastructure necessary for the sustainable growth and success of future market leaders. Development has historically fallen into two broad categories: (i) business-to-business Software as a Service (“SAAS”) and (ii) digital: consumer and business-facing web-based applications.

 

Today a handful of digital solutions specifically designed to meet the growing needs of cultivators, processors, distributors, retailers and consumers provide rudimentary industry technology infrastructure. While these point solutions are experiencing mixed adoption, web-based offerings built by experienced digital executives and following best practices of non-cannabis digital market leaders are growing. It is the intention of the 7Pass Team to identify and partner with these emerging digital cannabis entrepreneurs to provide much needed digital and other infrastructure to the industry.

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Team

James Francisco A. Turner
SENIOR MANAGING PARTNER

 

Marlin Smith
SENIOR MANAGING PARTNER

 

Theodore Ray
SENIOR MANAGING PARTNER

 

Scott Canalichio
PARTNER, PORTFOLIO MANAGEMENT

 

David Cho
PARTNER, MARKETING & BRANDING

 

Kiran Sidhu
PROCESSING & MANUFACTURING

 

Nichole West
COMPLIANCE & LICENSING

 

Ryan Kunkel
RETAIL OPERATIONS

 

Bikram Dhawan
TECHNOLOGY

 

Rene Bharti
CANADIAN CAPITAL MARKETS

 

Chris Alameddin
APPLIED SCIENCE

 

David Ulick
MEDICAL RESEARCH

 

Alex Campbell
CULTIVATION

 

Nima Korpivaara
LEGAL

 

Ismael Peinado
ENGINEERING

 

Advisors

 

Desirae Palma
ADVISOR

 

Hemu Nigam
ADVISOR

 

Marlon Wayans
ADVISOR

Token Sale
  • Minimum Investment Goal
    Equivalent of USD $5,000,000
  • Investment Goal
    Equivalent of USD $51,125,000
  • Bonus and Discount System
    First tranche of 10,000,000 20% Discount Second tranche of 10,000,000 15% Discount Third tranche of 10,000,000 10% Discount Fourth tranche of 10,000,000 5% Discount
  • Minimum Investment
    Equivalent of USD $10
Asset Description

Investment Structure

7Pass Tokens are intended to represent a proportional interest in the overall investments and assets of 7Pass. 7Pass Holdings may make direct investments, but 7Pass currently expects primarily to make investments through perpetual operating investment companies that will invest directly or indirectly in the cannabis sector globally and which are wholly-owned subsidiaries of I.C.E. Malta Limited and affiliates of 7Pass Holdings. 7Pass Holdings expects to loan the net proceeds of the 7Pass Token Sale to these perpetual operating investment companies for use in cannabis investments in exchange for interest and a right to 50% of net proceeds from such investments pursuant to the terms of an investment agreement between 7Pass and these perpetual operating investment companies. Under the terms of the investment agreement, net proceeds is defined as Net proceeds is defined as gross proceeds minus operational and deal costs of the subsidiary. Operational and deal costs may include office space, expenses, salaries, local taxes, federal taxes, deal fees, deal bonuses, legal fees and other general operational expenses and possible investment losses. As a result, the primary assets held by 7Pass are expected to be a note from the perpetual operating investment company and the right to receive 50% of the net proceeds earned by the perpetual operating investment company. 7Pass and these perpetual operating investment
companies may amend this structure in the future for tax, regulatory or any other reason.

 

 

Token Holder Rights

No Shareholder Rights

7Pass Tokens are not considered part of capital stock of 7Pass and do not confer any voting, dividend or other shareholder rights. As a result, shareholders have rights to take all actions permitted by
shareholders under Panamanian law including without limitation the right to approve the merger or
liquidation of 7Pass.

Redemption, & Repurchases and Lock-Up of Tokens

7Pass tokenholders do not have any right to have their tokens redeemed. 7Pass currently expects to
repurchase 7Pass Tokens from time to time from the proceeds of 7Pass investments. Such repurchases could be done on cryptocurrency exchanges, in private transactions or otherwise and could have an effect on the price of 7Pass Tokens. The magnitude and timing of any such repurchases, if commenced, is subject to the discretion of 7Pass and may be discontinued at any time.

Rights of 7Pass Tokens in the Event of Liquidation

In the event of a liquidation, insolvency or similar proceeding of 7Pass, 7Pass intends for tokenholders to be senior to shareholders and junior to creditors of 7Pass and senior to shareholders. However, cryptographic tokens are relatively new and not set forth under Panamanian corporate law and the treatment of 7Pass tokenholders in the event of any insolvency or similar proceeding may be uncertain. These rights are independent from the possible appreciation of the 7Pass Token.

Leverage

7Pass does not maintain any fixed policies with respect to incurring debt in connection with investments. Accordingly, holders of 7Pass Tokens could be subject to the risk of indebtedness.

Token Details
  • Ticker
    7PASS
  • Blockchain Platform
    Ethereum blockchain
  • Token Standard
    EIP-20
  • Total Token Supply
    1,000,000,000
  • Available for Sale
    205,000,000
  • % Available for Sale
    20.5%
Investor Requirements
  • Whitelist / KYC / AML
    Whitelist, KYC Required
Company Profile
  • Legal Name
    7Pass Holdings, S. A.
  • Country of Incorporation
    Panamá
  • Head Organization
    I.C.E. Malta Limited (Republic of Malta)

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