CannaCor: Where Cannabis Cultivation and Blockchain Technology Combine Seamlessly

CannaCor and Blockchain Corporation are collaborating with a common vision to bring lasting change in the field of cannabis research, cultivation, processing and distribution. Our goal is to transform the entire cannabis cultivation process to make it as transparent and secure as possible.

Website: https://cannacor.io/

Whitepaper: https://cannacor.io/assets/Cannacor-Whitepaper.pdf

Hello everyone … see you again with me Wong Linglong3 this time I will explain at a glance about * CannaCor * so read carefully read fully to your knowledge who knows useful for you in the future …

ABOUT CANNACOR

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.

CannaCor intends to commence with the development of an aquaponics production facility for medical cannabis during the fourth quarter of 2019.

The company will be able to serve Canada, Europe and other global markets from this facility.

The Cannacor team will ensure that they are compliant with every aspect of the act and are certified by the following: ISO 9001, Good Agricultural and Collecting Practice (GACP), Good Manufacturing Practice (GMP) and Good Laboratory Practice (GLP).

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

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.

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.

CULTIVATION LIFE CYCLE MANAGEMENT PROCESS: CANNACOR

The cannabis industry requires a technology infrastructure to support and improve the multistage cultivation process of cannabis. CannaCor has identified three major areas which need to be addressed.

Process and cost analysis

Genealogy tracking and optimization

Product quality and consistency

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

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).

CANNACOR COIN 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

CANNACOR (PTY) LTD 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 labelling, 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

CANNACOR TEAM

Hugo: CEO

Pieter-Jan: CFO

Pieter: Operations Director

Tobie: Legal Advisor