The global cannabis market is huge and, fuelled by the wave of legalisation as governments concede to the benefits of a regulated cannabis industry, is seeing a staggering growth in public popularity and demand in all sectors.
Seeking the many benefits of a liberal, and rational, cannabis-related regulatory environment, we are seeing an increasing number of jurisdictions legalise the use of cannabis, at least in one form or another. This growth is expected to continue and, if anything, accelerate- so much so that by 2024 the global cannabis market is expected to reach $63.4 billion.
This rapid growth in popularity is creating an unprecedented increase in the demand for products and services relating to cannabis. At the moment, the fragmented industry is still plagued by teething problems such as inefficient payment mechanisms and inferior, or even potentially dangerous, cannabis production.
One of the most beneficial qualities of cannabis is undoubtedly its plethora of medicinal qualities. As governments are becoming aware of these overwhelmingly obvious and varied applications, cannabis use for such medical purposes, especially, is becoming legalized at a rapid rate. Medical cannabis can be used to treat a wide range of conditions and illnesses, from general pain and asthma, to epilepsy and Crohn’s disease.
However, as with any fledgling industry the medical cannabis sector is not without its hurdles. The sector is currently facing a particular issue with forged prescriptions, as unscrupulous actors look to bypass or profit from the flawed medical prescription system. With no mechanism to truly ensure the validity of prescriptions, prescription fraud results in damages of many millions of euros per year.
What is CannaCor Platform?
CannaCor and Blockchain Corporation are collaborating with a common vision to bring lasting change in the field of cannabis research, cultivation, processing and distribution. The aim is to transform the entire cannabis cultivation process to make it as transparent and secure as possible.
CannaCor and Blockchain Corporation team will do this by positioning itself as an early adopter and implementer of a combination of Blockchain and Hyperledger technologies to manage the medical cannabis production life cycle and supply chain. Key focus areas are cultivation life cycle management and supply chain management.
Vision
The vision of CannaCor is to become a frontrunner of medical cannabis cultivation in Lesotho. Our focus is to implement sustainable production facilities and expand our lead with an aquaponics production plant while integrating all our management systems with a selection of blockchain technologies to ensure transparency, immutability and real-life tracking
Mission
The Mission of CannaCor is to works with a group of experienced scientists, blockchain developers, pharmacists and engineers daily, with the goal of improving our company by researching and delivering environmentally sustainable high-quality cannabis products.
CannaCor Comparison Table
The below table shows that CannaCor cannot be compare to other existing Cannabis Blockchain driven platforms. It surpass them in all squares, and will remain on top for dacades based on it blueprint.
CannaCor Cannabis Cultivation cycle Management
The blockchain and applications will be used to coordinate the activities required to accept raw materials, manufacture the product, test for quality, package for shipping and schedule for delivery. CannaCor aim is to measure and capture the quality of our products, production output and worker productivity to ensure the enterprise creates products that meet quality standards.
CannaCor Cannabis Supply Chain Management
The supply chain management is to hand the entire production flow of the CannaCor products — starting from seed planting all the way to delivering the final product to the consumer. To accomplish this task, CannaCor will create a network of processes that moves the product along from the suppliers of raw materials to the organizations which deal directly with users.
Regulatory and Compliance Management
Regulators require detailed information regarding a medical cannabis cultivator’s business: where the product comes from, the results of any testing that has been done, the specified amount produced, and distribution. Our aim is to establish support processes to monitor information throughout the supply chain and ensure compliance with all regulations
CannaCor Token Technical Information, Allocation and distribution
Ico Information and Coin Allocation
Fund Allocation
CannaCor Coin Buyback and Burn
- CannaCor (Pty) Ltd will allocate 12% of its NET profit to buy back CANNACOR coins twice a year over a period of 10 years.
- 100% of coins bought back will be burnt/destroyed immediately after buyback.
- This will maintain stable growth of the CannaCor Cryptocurrency
- Decrease initial supply of the CannaCor cryptocurrency
- And create a stable store of value with low volatility.
The Uniqueness of the CannaCor Coin
Stable value
The CannaCor coin has the potential to become a cryptocurrency with a stable value and low volatility, while retaining all the appealing features of other cryptocurrencies.
Secure cross-border transactions
The CannaCor coin is an effective vehicle to ensure simple and secure transactions between CannaCor, suppliers and clients.
CannaCor Project BluePrint
FOR MORE INFORMATION PLEASE VISIT THE LINKS I HAVE PROVIDED BELOW;
Web Site: https://cannacor.io/
Telegram: https://t.me/cannacor
LinkedIn: https://www.linkedin.com/company/canna-cor-pty-ltd
Twitter: https://twitter.com/canna_cor
Facebook: https://www.facebook.com/cannacor/
Medium: https://medium.com/@CannaCor
Author: BrainerdPaul
BitcoinTalk profile link: https://bitcointalk.org/index.php?action=profile;u=1680409
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