The CannaCor Cryptocurrency Used for Medicinal Cannabis

CannaCor (Pty) Ltd is an organization authorized as a denied medication administrator. With more than 50 000m2 of gained land in Berea, Lesotho, the organization will commit the land to the nursery or indoor development of Cannabis. This organization intends to get one of the top players in the business of Medicinal Cannabis, presently authorized and consistent with guidelines to give benefits in Canada, Europe and other worldwide markets from this office.

Therapeutic Cannabis is the restorative utilization of the Cannabis sativa, Cannabis indica and different strains to soothe side effects of sicknesses and treat their conditions. Medicinal cannabis is a classification term for anything from dried cannabis blossoms, cannabis oils, containers and tablets to mouth splash. Cannabis-subordinates can give a solution for patients experiencing agony, issues as well as sickness and numerous different ailments and ailments, improving capacity and generally personal satisfaction.

Patients locate that therapeutic cannabis from cannabis plants works superior to anything basic drugs containing cannabinoids, where dynamic substances are confined.

With an imaginative proposition, CannaCor means to furnish this industry with a novel stage fit for digitalizing the inventory network process, upgrading generally speaking creation over the part. Through the utilization of blockchain innovation, the organization tries to offer a financially savvy answer for the store network forms, equipped for giving ongoing data about the generation procedure of Cannabis, while likewise ensuring the unalterability of the item. These highlights guarantee an expansion in income and give more elevated levels of straightforwardness to the organization and its clients.

Cannacor will hold the main therapeutic cannabis Initial Coin Offering (ICO) in southern Africa. The CannaCor cryptographic money will work on the Ethereum Blockchain, a quick, decentralized and changeless blockchain to empower secure cross-fringe exchanges between CannaCor, providers and the overall population.

THE CANNACOR COIN

The CannaCor coin is an ERC20 dependent on the Ethereum Blockchain. ERC20 is an official convention for proposing upgrades to the Ethereum (ETH) organize and can be comprehended as a standard for coins that are made on the Ethereum blockchain. The ERC20 coin standard makes it simpler to trade one ERC20 coin for another, and to incorporate different ERC20 coins into stages, for example, blockchain wallets and trades, and the sky is the limit from there.

To build up its business technique, CannaCor anticipates raising assets through a progression of two rounds, named pre-ICO and ICO. Assets raised all through the ICO will be utilized to:

Build up a 30 000 m2 aquaponics therapeutic cannabis development plant.

Build up the Blockchain Corporation's blockchain innovation and its applications.

Make the CannaCor digital currency. 

Assets Allocation

During the pre-ICO, the value per coin is cited at $0.06 USD, with 463 million coins accessible through this stage, invested individuals have until January 31st, 2020, to commit and jump on the venture. Once the pre-ICO is finished, the day of 08 February the ICO will start with a provided cost estimate of $0.12 USD per coin and will go on until April 2020. 

Assets Distribution

A significant part of this undertaking is that they're focused on its advancement. In the event that the Soft Cap isn't met, the organization will discount all financial specialists after the fruition of the ICO. The assets raised during the ICO will be utilized to manufacture the development office and to build up the blockchain and its applications. Besides, all coins will be disseminated to members inside 30 days after the ICO. Acknowledged monetary forms to purchase the Cannacor Coin are Bitcoin (BTC), Ethereum (ETH) and Bitcoin Cash (BCH).

BENEFITS FOR INVESTORS:

When the ICO is finished, CannaCor will utilize 12% of the net benefit to repurchase coins two times every year over a time of 10 years. 100% of the coins repurchased will be singed/decimated. This

Will guarantee that the digital money keeps up stable development, diminishes the underlying stock, guarantees a steady store of significant worth with low unpredictability and expands its worth.