Jumat, 25 Oktober 2019

CannaCor - Where Cannabis Cultivation and Blockchain Technology Combine Seamlessly

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Introduction:

CannaCor is a licensed producer of medical cannabis and cannabis by-products located in Lesotho, southern Africa. It is supported by a group of professional executives with extensive knowledge and understanding of the needs of the medical cannabis industry. Their economic activities are based on the recently approved production and export of cannabis and cannabis by-products which can be used for medicinal needs. A proud pioneer, they aim to incorporate only the latest and best technologies and will become a medical cannabis producer to supply cannabis flower and extract products to tens of thousands of patients, physicians, pharmacies, hospitals, governments and researchers on a global scale. They are constantly striving to improve their products and adhere to strict procedural and environmental protocols in order to maximize purity, quality and customer satisfaction.
CannaCor is a company in collaboration with Blockchain Corporation that is committed to solving problems in the medical cannabis industry and focusing attention on implementing real-world Blockchain technology solutions to ensure consistent crop growth of excellent quality and quantity. It aspires to streamline the cultivation life cycle of the cannabis crop and deliver pinpoint supply chain solutions to enhance product trace ability. CannaCor and Blockchain Corporation team will do this by positioning itself as an early adopter and implementer of a combination of Blockchain and Hyper ledger technologies to manage the medical cannabis production life cycle and supply chain. Key focus areas are cultivation life cycle management and supply chain management.
CannaCor (Pty) Ltd is an incorporated company under the Companies Act of 2011 in the Kingdom of Lesotho with Registration Number 65263 and TIN number 200084029-4. CannaCor is licensed as a prohibited drug operator. The license is granted under Section 12 of the Drug Abuse Act of 2008 with license number 02/D022/06-2019. CannaCor has obtained 50 000m2 of land in Berea, Lesotho, of which 30 000m2 is permitted for greenhouse or indoor cultivation of Cannabis.

HOW IT WORKS?

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 Coin CannaCor created on the Ethereum network.
 CannaCor cryptocurrency is sold to the public through an ICO.
 The funds raised during the ICO will be used to build an object for the cultivation and development of the Blockchain and its applications.
 Coins will be distributed to participants within 30 days after the ICO.
 The following currencies are accepted for the purchase of CannaCor Coin: Bitcoin (BTC), Ethereum (ETH) and Ripple (XRP).

FEATURES OF THE CANNACOR ECOSYSTEM:

a. 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. Our 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.
b. Cannabis Supply Chain Management:
Supply chain management is the handling of 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
c. 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.

BLOCKCHAIN CORPORATION:

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The Blockchain Corporation team is committed to solving problems in the medical cannabis industry and focusing on implementing real solutions to ensure stable crop growth of excellent quality and quantity. It aims to simplify the life cycle of cannabis cultivation and provide accurate supply chain solutions to improve product traceability. Blockchain will do this by positioning itself as one of the first to introduce and implement a combination of Blockchain and Hyper-ledger technologies to manage the medical life cycle of medical cannabis production and the supply chain. Key areas of focus are crop lifecycle management and supply chain management.

THE MAIN AREAS IN THE CANNABIS INDUSTRY THAT NEED ATTENTION:

a. Process And Cost Analysis:
The process will trace all nutrients and materials used for growing cannabis plants in order to calculate the cost per gram by plant, batch and strain.
b. Genealogy Tracking And Optimization:
This will help cultivators keep a record of a strong diverse genetic portfolio to facilitate tracking of the genealogy of each plant and the creation of new hybrids based on cultivators’ preferences.
c. Product Quality And Consistency:
A significant problem that cultivators face is producing a harvest of consistent quantity and quality by following repeated processes. By using a reliable system to track a batch and capture all information regarding the genealogy, exact amount of water nutrients used, the precise pH, temperature and humidity at each stage of the process can greatly improve consistency.

THE WHOLE PROCESS IS DIVIDED INTO DIFFERENT PHASES:

Phase 1: Production Life Cycle Management:
Through the use of hyper ledger Blockchain we can be sure of transparency in tracking and tracing the cannabis plant. The whole production life cycle will begin with feeding data to the Blockchain. The first phase of the process will cover production to packaging.
Phase 2: Supply Chain Management:
Once the packaged goods are ready to be shipped to the end users (in this case, the retailers), they move further through QR code scans and other quality checks. All this will be updated in the hyper ledger as soon as the process takes place. The final part of this phase is when the packaged goods reach the respective retailers for further usage.

THE FUTURE AND POTENTIAL OF CANNABIS:

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Legal cannabis markets are still a relatively new phenomenon and the market is nowhere near its total sales potential. Worldwide consumer spending on legal cannabis was expected to reach an estimated $12.2 billion in 2018, a significant jump from $9.5 billion in 2017, according to the 2019 update of the State of Legal Cannabis Markets, 6th Edition (SOLMM) report released by Arc-View Market Research (Arc-View Group) and BDS Analytics. The 28% worldwide growth estimated for 2019 is slightly behind the growth rate forecast made in the original SOLMM report released in June 2018, as Canada delayed the launch of its programme from June to October 2018 and California’s extensive tax and regulatory structure hindered legal operators in their competition with the state’s robust illicit trade. Arc-View Group now forecasts that spending growth will accelerate in 2019, jumping 38% to $16.9 billion, and continuing to $31.3 billion in 2022, growing at 26.7% compound annual growth rate (CAGR) over the five-year timeframe from 2017.

CANNACOR TOKEN DETAILS:

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The CannaCor coin is an Ethereum Blockchain based ERC20. ERC20 is an official protocol offering improvements to the Ethereum network (ETH), and it can be understood as a standard for coins created on the Ethereum Blockchain. The ERC20 coin standard makes it easy to exchange one ERC20 coin for another, as well as integrate various ERC20 coins into platforms such as Blockchain wallets and exchanges, and much more.
Code: CANO
Platform: Ethereum
Token Type: ERC-20
Price before sale: 1 CANO = 0.06 USD
IEO Price: 1 CANO = 0.12 USD
Accept: ETH, BTC, XRP
Soft hat: $ 1,500,000
Hard cap: $ 112.3 million.

ROADMAP:

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Author: Sandieego
My ETH: 0xc57F5E28B98a12c8f4cC3f4C02d8B77546deF545

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