maniecool: CANNACOR

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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.

The 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

The Mission

CannaCor 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.

The Features

Blockchain Track and Trace Features

The Blockchain provides the utmost transparency in the decentralized recording of data and ensures the records of the platform is secure, transparent, verifiable and immutable.

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.

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

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

The Cannacor Cultivation facility

Cannacor’s objective is to develop its own aquaponics cultivation and production facility for medical cannabis on the company’s premises in Lesotho. This will enable the company to meet a growing demand in a global market of scarce production capacity and become a recognized supplier to the global markets that have no or limited production capacity.

The intention is to establish a facility where standardized, uniform and consistent products can be cultivated, without the use of pesticides, so that the content of the active ingredients is the same for each harvesting and processing stage. The development of the cultivation premises into a complete facility for the cultivation and production of medical cannabis is expected to commence in the fourth quarter of 2019.

The Aquaponics cultivation facility will be established to cultivate cannabis and produce products such as:

Tetrahydrocannabinol (THC), Cannabidiol (CBD), Cannabinoids (CBN) and Tetrahydrocannabinol Acid (THCA) in various strengths and combinations.

The Supply Chain Management

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. The three major steps in the supply chain blockchain process are as follows:

Decentralized data record

Packaging

QR code scanning

About The CannaCor Coin

The CannaCor coin is an ERC20 coin created on the Ethereum Blockchain. CannaCor decided to use Ethereum because it has already been adopted by the masses and allows the CannaCor coin to participate in mainstream activities. Ethereum is a fast, decentralized and immutable blockchain. CannaCor will strive to achieve mass adoption in the medical cannabis sector by offering solutions that address the issues pertaining to cross-border transactions. We aim to offer solutions for the lack of banking and payment services for legal cannabis businesses.

Coin Details

The CannaCor coin is an ERC20 based on the Ethereum Blockchain. ERC20 is an official protocol for proposing improvements to the Ethereum (ETH) network and can be understood as a standard for coins that are created on the Ethereum blockchain. The ERC20 coin standard makes it easier to exchange one ERC20 coin for another, and to integrate various ERC20 coins into platforms such as blockchain wallets and exchanges, and more.

Pre-ICO sale Information

Pre-Sale Starts: 11 Sept 2019 and ends 15 December 2019

Pre-ICO: Coin Price $0.06

Coin Ticker: CANO

Coin Type: ERC20 Ethereum:

Number of coins for Pre-ICO: 468 Million:

Total Coin Supply: 1.5 Billion

The CannaCor coin is created on the Ethereum network.

The CannaCor cryptocurrency is sold to the public by means of ICO.

Funds raised during the ICO will be used to build the cultivation facility and to develop the blockchain and its applications.

Coins will be distributed to participants within 30 days after the ICO.

Accepted currencies to buy the Cannacor Coin are Bitcoin (BTC), Ethereum (ETH) and Ripple (XRP).

The Features

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.

Coin Buyback and Burn

CannaCor (Pty) Ltd will allocate 12% of its NETT 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 goal is to increase the cryptocurrency value and achieve mass adoption of the coin in the cannabis industry.

Coin Allocation

78% Coin Sale

07% CannaCor Team

07% Blockchain Corp Team

05% Strategic Partnerships

03% Bounty & Airdrop

Funds Distribution

30% Cultivation

30% Technology & Core

08% Marketing & Business

05% Admin

12% Liquidity on Exchanges

05% Legal

05% Exchange Listing Fee

05% Commissions & Fees

ROADMAP

Q4 2018

Research and brainstorm sessions initiated to establish most viable solution to cultivate medical cannabis

Current technologies researched to establish the CannaCor cryptocurrency

Various blockchain technologies researched to manage the medical cannabis cultivation life cycle and supply chain management systems

Strategic alliances formed with blockchain developers, cultivators and pioneers in the cannabis industry

Company incorporated in Lesotho, southern Africa, to operate the following business activities:

growing of drug and pharmaceutical crops

wholesale and/or retail sale of pharmaceutical and medical goods.

Q1 2019

50 000 m2 agricultural land acquired in Lesotho, southern Africa, for the cultivation of medical cannabis

Environmental Impact Assessment (EIA) curated and submitted

Licence application lodged with the Drug Control Authorities in Lesotho to obtain:

authorization for export and import of medical cannabis

authorization to produce medical cannabis products.

Q2 2019

Blockchain developer and ICO marketing team appointed

Greenpaper development

Design of cannabis cultivation plant.

Q3 2019

CannaCor medical cannabis cultivation licence approved

New website design / landing page

Wallets and user administration panel development

Greenpaper updated and new corporate identity incorporated

Pre-ICO round starts 11 September 2019 and ends 15 December 2019.

Q4 2019

ICO launch 16 December 2019 and ends 31 March 2020

Design of cultivation plant, testing laboratory and packaging plant finalised

Construction of cultivation facility

Blockchain and Hyperledger Fabric application development, incorporating QR code labeling, product traceability, drug authentication, production life cycle management and supply chain applications

New wallets and website release.

Q1 2020

CannaCor application BETA testing

First cannabis crops planted

Application integration of production cycles.

Q2 2020

First harvest, application integration of supply chain and first coin buy-back

Meet The Amazing Team

Hugo: CEO

Pieter-Jan: CFO

Pieter: Operations Director

Tobie: Legal Advisor