Licensed Manufacturer of Medical Cannabis Products
Blockchain is a technology that does not use a third party in a data exchange process which in this case occurs in the transaction process. Simply put, if you buy something at the store by paying using a debit card, the store will believe the balance you entered has entered into their account. Well, the third party referred to here is the Bank company as a liaison between the buyer and seller in the transaction using the debit card earlier.
CannaCor and Blockchain Corporation have been involved in collaboration to position themselves to be a global leader in the research, planting, processing and distribution of cannabis, and the application of blockchain technology for the needs of the cannabis life cycle and supply chain management. They aspire to lead, legitimize and define the future of the industry by building the most trusted blockchain-based cannabis company in the world. This effort includes the establishment of a unique aquaculture and aquaponic production facility in Lesotho to supply the global market. This document provides a breakdown of the contributions of both parties to the business including the Initial Coin Offer (ICO) and how this will impact their operations.
CannaCor is a licensed manufacturer of medical marijuana and cannabis products, located in Lesotho, South Africa. This 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 production and export of cannabis and cannabis products which have recently been approved which can be used for medicinal needs. As proud pioneers, they only aim to combine the latest and best technology and will become a medical marijuana manufacturer to supply cannabis flowers and extract products to tens of thousands of patients, doctors, pharmacies, hospitals, governments and researchers on a global scale. They continually strive to improve their products and adhere to strict environmental and procedural protocols to maximize purity, quality, and customer satisfaction.
CannaCor and Blockchain Corporation work together with a distinctive vision for long-lasting changes in cannabis, development, preparation and circulation. We will likely change the whole procedure for developing cannabis to make it as simple and as safe as expected.
Vision
CannaCor is a leader in the development of cannabis therapy in Lesotho. Our center is to carry out a generation office that can be supported and grow our leadership with the aquaponics creation factory while combining all of our administrative frameworks with a blockchain innovation determination to guarantee straightness, unchanging nature and true followers.
About CannaCor
- CannaCor (Pty) Ltd is a legal entity 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 drug operator. The license is granted under Part 12 of the 2008 Drug Abuse Act with license number 02 / D022 / 06–2019.
- CannaCor has acquired 50,000 land in Berea, Lesotho, where 30,000 m2 is permitted for indoor greenhouse cultivation or Cannabis cultivation indoors.
- CannaCor intends to start by developing an aquaponics production facility for medical marijuana during the fourth quarter of 2019.
- The company will be able to service Canada, Europe and other global markets from this facility.
- The Cannacor Team will ensure that they comply with every aspect of action and are certified by the following: ISO 9001, Good Agricultural and Collection Practices (GACP), Good Manufacturing Practices (GMP) and Good Laboratory Practices (GLP).
Strategic
CannaCor works with a group of experienced researchers, blockchain designers, medicine specialists and architects from day to day, with the aim of improving our organization by exploring and delivering great cannabis items that can be maintained on earth.
Blockchain Track and Track Features
Blockchain provides the most extreme directness in a decentralized information chronicle and ensures that stage notes are safe, direct, unquestioned and unchanging.
Marijuana cultivation cycle management
Blockchain and applications will be used to facilitate the training needed to find out raw materials, make items, test quality, bundle for transportation and calendar for transportation. Our intention is to measure and capture the nature of our goods, the generation results and the profitability of workers to ensure the business of making goods that meet quality guidelines.
Marijuana Supply Chain Management
Store chains, boards are a treatment of the entire CannaCor item creation flow — ranging from seed planting rights to delivering the final item to buyers. To achieve this assignment, CannaCor will create a system of procedures that moves items from raw material providers to associations that manage clients.
Administration and Compliance Management
The controller requires point-by-point data regarding the issue of cannabis drug cultivation: where the item came from, the effect after the test has been carried out, the amount determined has been made, and the dispersion. Our intention is to set up a help procedure to filter all data through the store network and ensure consistency with all guidelines
Cannacor’s Cultivation Office
Cannacor’s goal is to build its own aquaponics development and generation office for medicinal cannabis at the organization’s location in Lesotho. This will empower organizations to meet growing needs in world markets with rare creation limits and become a perceived provider for world markets that do not have or limit generational limits.
The aim is to build an office where items that are institutionalized, uniform and predictable can be developed, without the use of pesticides, so that the substance of the dynamic binder is equivalent for each stage of collection and preparation. The progress of the development site into a total office for the development and creation of therapeutic cannabis is required to begin in the last quarter of 2019.
The Aquaponics development office will be established to develop cannabis and produce goods, for example,
1. Tetrahydrocannabinol (THC)
2. Cannabidiol (CBD)
3. Cannabinoids (CBN)
4. Tetrahydrocannabinol (THCA) acid in different qualities and mixtures
Production network management
CannaCor will create a system of procedures that moves goods from raw material providers to associations that manage clients. Three significant steps in the production network blockchain procedure are as follows:
Decentralized information notes
Blockchain innovation provides the most extreme candor in a decentralized information chronicle. This ensures that the production network record is safe, easy, secure and unchanging.
Bundling
By coordinating blockchain innovations into bundling, the CannaCor group and its members (retailers, retailers, etc.) will have the option to follow the proper original development of their cannabis stock on the individual shipping premise. At the point when an item is inspected, no information must be entered.
QR code checking
Organizations will use the following innovations that can talk to cellphones today, making use of this framework as a basis for makers, retailers and buyers alike.
About Blockchain Corporation
The Blockchain Corporation Group focuses on addressing issues in the cannabis therapy industry and concentrates on implementing answers to the innovative world blockchain to ensure the development of reliable harvests with exceptional quality and quantity. It tries to streamline the life cycle of cannabis product development and deliver answers to the pinpoint inventory network to increase the capacity of the following items.
Blockchain Corporation will do this by establishing itself as the initial adopter and executor of the combination of the Blockchain and Hyper ledger techniques to handle the life cycle of cannabis drug manufacturing and inventory networks. The main focus areas are improvement in lifecycle management and improvement of supply chains.
Repurchase and Burning Coins
- CannaCor (Pty) Ltd will allocate 12% of NETT’s profits to repurchase CANNACOR coins twice a year for 10 years.
- 100% of repurchased coins will be burned / destroyed immediately after repurchase.
- This will maintain CannaCor’s stable Cryptocurrency growth
- Reduce the initial supply of CannaCor cryptocurrency
- And Create a stable value store with low volatility.
- The aim is to increase the value of cryptocurrency and achieve mass coin adoption in the cannabis industry.
Pre-ICO sales information
- Early Pre-Sales: September 11, 2019 and ending December 15, 2019
- Pre-ICO: Coin Price of $ 0.06
- Coin Ticker: CANO
- Coin Type: ERC20 Ethereum
- Number of coins for Pre-ICO: 468 Million
- Total Coin Supply: 1.5 Billion
THC
- The CannaCor coins are made on the Ethereum network.
- The CannaCor cryptocurrency is sold to the public by means of ICO.
- Funds collected during the ICO will be used to build aquaculture facilities and to develop the blockchain and its application.
- Coins will be distributed to participants within 30 days after ICO.
- The currencies accepted to buy Cannacor Coins are Bitcoin (BTC), Ethereum (ETH) and Ripple (XRP).
Coin Allocation
- 78%: Coin Sales
- 07%: CannaCor Team
- 07%: The Blockchain Corp Team
- 05%: Strategic Partnership
- 03%: Bounty & Airdrop
Funds Distribution
- 30%: Aquaculture
- 30%: Technology & Core
- 08%: Marketing & Business
- 05%: Admin
- 12%: Liquidity on the Exchange
- 05%: Legal
- 05%: Exchange Registration Fee
- 05%: Commission & Fees
ROADMAP
4th QUARTER 2018
Research sessions and brainstorming were initiated to build the most appropriate solution for processing medical marijuana
Current technology is researched to build CannaCor cryptocurrency
Various blockchain technologies are researched to manage the life cycle of medical cannabis cultivation and supply chain management systems
Strategic alliances were formed with blockchain developers, cultivators and pioneers in the cannabis industry
Company established in Lesotho, South Africa, to carry out the following business activities:
– planting medicines and medicinal plants
– wholesale sales and / or retail sales of pharmaceutical and medical goods.
QUARTER 2019
50,000 m2 of agricultural land was obtained in Lesotho, South Africa, for growing medical marijuana
Environmental Impact Analysis (EIA) is curated and submitted
The license application is submitted to the Drug Control Authority in Lesotho to obtain:
– authorization for export and import of medical marijuana
– authorization to produce medical cannabis products.
QUARTER II 2019
Blockchain developers and ICO marketing teams are appointed
Green paper development
Design of cannabis cultivation plants.
QUARTER III 2019
CannaCor medical cannabis cultivation license is approved
New website design / landing page
Wallet and user administration panel development
Greenpaper is updated and a new company identity is entered
The pre-ICO round starts September 11, 2019 and ends on December 15, 2019.
QUARTER 4 2019
Launch of ICO December 16, 2019 and ending March 31, 2020
Cultivation plant design, testing laboratories and packaging plants were completed
Construction of cultivation facilities
Blockchain and Hyperledger Fabric application development, combining QR code labels, product traceability, drug authentication, production life cycle management and supply chain applications
Wallet and new website release.
QUARTER 1 2020
CannaCor BETA testing application
Marijuana plants were first planted
Application integration of the production cycle.
QUARTER II 2020
First harvest, integration of supply chain applications and repurchase of the first coin
Cannacor Team
- Hugo: CEO
- Pieter-Jan: CFO
- Pieter: Director of Operations
- Tobie: Legal Counsel
- Reference: HR
- Jan: Technical Advisor
- Seabata: Security
- Frik: Master Grower
Blockchain Corp Team
- Gerhard: Founder
- Logan: Software Engineer
- Ankur: Technical Advisor
- Day: Technical Advisor
- Willie: Cultivation Counselor
- Sergey: Blockchain and Software Advisor
- Adeniji: Counselor
- Deepanshu: Counselor
- Peter Cris Nabida: Counselor
For More Information Click Link Bellow:
- Website: https://cannacor.io/
- Whitepaper: https://cannacor.io/assets/cannacor_whitepaper.pdf
- Facebook: https://www.facebook.com/cannacor/
- Twitter: https://twitter.com/canna_cor
- Medium: https://medium.com/@CannaCor
Author: KHAN SHIQ QHEIL
My Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=2550289
