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INTRODUCTION
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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. 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.
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- 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).
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Vision
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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
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Mission
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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.
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HOW DOES IT WORK?
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- 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).
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FEATURES
Blockchain Track and Trace Features
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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.
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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.
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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
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The Cannacor Cultivation facility
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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.
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The Aquaponics cultivation facility will be established to cultivate cannabis and produce products such as:
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- Tetrahydrocannabinol (THC), Cannabidiol (CBD), Cannabinoids (CBN) and
- Tetrahydrocannabinol Acid (THCA) in various strengths and combinations.
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- Extracts
- Oils
- Dried cannabis
- Oil capsules
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Cultivation Life Cycle Management Process: CannaCor
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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
A process will be implemented to track all nutrients and materials used for growing a cannabis crop to calculate the cost per gram by plant, batch and strain.
Genealogy tracking and optimization
This system will help
CannaCor keep a record of a strong, diverse genetic portfolio, which will track the genealogy of each plant and create new hybrids based on cultivators’ preferences.
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Cannacor aims to ensure that the cannabis is produced:
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- hygienically to keep microbiological contamination to a minimum so as to mitigate the negative effects during cultivation, processing and storage.
- under conditions that ensure the therapeutic properties of the end-product are constant and reproducible.
- under conditions that ensure that the therapeutic properties of the end-product are constant and reproducible.
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The key benefits of GMP certification are to:
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- prove the organization’s management capabilities in product quality and safety assurance
- enable employees to develop good production and operation habits
- reduce safety risk in product quality
- timeously detect production and management problems to reduce costs
- ensure better understanding of and compliance with the relevant laws and regulations
- enhance the company’s international credibility and public image
- Increase customer’s long-term confidence in the enterprise.
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The benefits of using an ISO 9001 QMS include:
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- becoming a more consistent competitor
- meeting customer satisfaction needs
- increasing business opportunities by demonstrating compliance
- implementing more effective ways of working – saving time, money and resources
- less wastage
- motivating and engaging employees with efficient internal processes
- improving performance to reduce errors and increase the profit margin.
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Other benefits of GLP for both the laboratory and its customers include:
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- Increased confidence in the reliability and trustworthiness of laboratory data
- Increased production of right first-time results
- Increased overall productivity
- Better laboratory reputation
- Reduced need for rework
- Reduced time spent on non-revenue earning investigations.
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Product quality and consistency
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Currently cultivators struggle to produce a harvest of consistent quantity and quality by following repeated processes. In order to improve this aspect of cultivation, our system will track a batch and capture all information pertaining to its genealogy, exact amount of water and nutrients used, the precise pH, temperature and humidity at each stage of the batch’s cultivation process.
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Supply Chain Management
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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
Blockchain technology provides the utmost transparency in the decentralized recording of data. It ensures the supply
chain record is secure, transparent, verifiable and immutable.
Packaging
By integrating
blockchain technology into packaging, the
CannaCor team and its affiliates (retailers, shop owners, etc.) will be able to track the precise real-world movement of their cannabis inventory on an individual shipment basis. When a product is scanned, no data needs to be entered.
QR code scanning
The company will make use of tracking technology which can communicate with modern smartphones, making implementation of this system simple for producers, retailers and consumers alike.
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The Blockchain Corporation team 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.
Blockchain Corporation will do this by positioning itself as an early adopter and implementer of a combination of Blockchain and Hyperledger technologies to manage the medical cannabis production life cycle and supply chain. Key focus areas are cultivation life cycle management and supply chain management.
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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.
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THE ADVANTAGES OF USING AQUAPONICS
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Sustainability
Aquaponics is a truly sustainable system for growing cannabis. Fish food manufactured specifically for aquaponics ensures the system is free of toxins and provides the fish with what they need to grow strong and healthy. All that is needed is fish food as well as additional nutrients for the topsoil layer to grow both healthy cannabis plants as well as fish for consumption.
Growth rate
Aquaponics is a proven method for fast-growing plants.By allowing the roots to take in high levels of oxygen, they can absorb more nutrients and grow quickly.
Water use
Estimates show that aquaponic systems use up to 90% less water than traditional systems by recirculating the water.
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Coin Buyback and Burn
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- 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.
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- Pre-Sale Starts: 11 Sept 2019 and ends 15 December 2019
- Pre-ICO: Coin Price $0.06
- Coin Ticker: CANO
- Coin TypeL: ERC20 Ethereum
- Number of coins for Pre-ICO: 468 Million
- Total Coin Supply: 1.5 Billion
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- 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).
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Coin Allocation
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- 78%: Coin Sale
- 07%: CannaCor Team
- 07%: Blockchain Corp Team
- 05%: Strategic Partnerships
- 03%: Bounty & Airdrop
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Funds Distribution
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- 30%: Cultivation
- 30%: Technology & Core
- 08%: Marketing & Business
- 05%: Admin
- 12%: Liquidity on Exchanges
- 05%: Legal
- 05%: Exchange Listing Fee
- 05%: Commissions & Fees
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ROADMAP
4th QUARTER 2018
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1st QUARTER 2019
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2nd QUARTER 2019
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- Blockchain developer and ICO marketing team appointed
- Greenpaper development
- Design of cannabis cultivation plant.
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3rd QUARTER 2019
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- 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.
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4th QUARTER 2019
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- 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.
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1st QUARTER 2020
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- CannaCor application BETA testing
- First cannabis crops planted
- Application integration of production cycles.
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2nd QUARTER 2020
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- First harvest, application integration of supply chain and first coin buy-back.
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- Hugo: CEO
- Pieter-Jan: CFO
- Pieter: Operations Director
- Tobie: Legal Advisor
- Refiloe: HR
- Jan: Technical Advisor
- Seabata: Security
- Frik: Master Grower
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- Gerhard: Founder
- Logan: Software Engineer
- Ankur: Technical Advisor
- Latha: Technical Advisor
- Willie: Cultivation Advisor
- Sergey: Blockchain and Software Advisor
- Adeniji: Advisor
- Deepanshu: Advisor
- Peter Cris Nabida: Advisor
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To get even more accurate information please visit the link below:
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- https://cannacor.io/
- https://cannacor.io/assets/cannacor_whitepaper.pdf
- https://www.facebook.com/cannacor/
- https://www.linkedin.com/company/canna-cor-pty-ltd
- https://twitter.com/canna_cor
- https://t.me/cannacor
- https://discordapp.com/invite/ep4Szdj
- https://medium.com/@CannaCor
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REFERENCES
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