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CannaCor, Where Cannabis Cultivation and Blockchain Technology Combine Seamlessly

The cannabis industry requires a technology infrastructure to support and improve the multistage cultivation process of cannabis. Blockchain Corporation has identified three major areas that need to be addressed. CannaCor and Blockchain Corporation has engaged in a collaboration to position themselves to become global leaders in cannabis research, cultivation, processing, and distribution, as well as the implementation of blockchain technologies for purposes of the cannabis life cycle and supply chain management.

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.

CannaCor Will be Medical Cannabis Producer to Supply Cannabis Flower and Extract Products

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.

The vision of CannaCor is to become a frontrunner of medical cannabis cultivation in Lesotho. Their focus is to implement sustainable production facilities and expand their lead with an aquaponics production plant while integrating all their management systems with a selection of blockchain technologies to ensure transparency, immutability and real-life tracking.

CannaCor works with a group of experienced scientists, blockchain developers, pharmacists and engineers daily, with the goal of improving their company by researching and delivering environmentally sustainable high-quality cannabis products.

Initial Coin Offering (ICO) of Blockchain Corporation and CannaCor

In collaboration with Blockchain Corporation, Cannacor will hold the first medical cannabis Initial Coin Offering (ICO) in southern Africa. The CannaCor cryptocurrency will operate on the Ethereum Blockchain, a fast, decentralized and immutable blockchain to enable secure cross-border transactions between CannaCor, suppliers and the general public. The purpose of this document is to invite the public to participate in the joint Initial Coin Offering (ICO) of Blockchain Corporation and CannaCor. Funds will be raised in two rounds, namely pre-ICO and ICO.

Funds raised throughout the ICO shall be used to develop a 30 000 m2 aquaponics medical cannabis cultivation plant. And then to develop the Blockchain Corporation’s blockchain technology and its applications. And also to create the CannaCor cryptocurrency.

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 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. CannaCor aims to offer solutions for the lack of banking and payment services for legal cannabis businesses.

The Content is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice. Nothing contained on our Site constitutes a solicitation, recommendation, endorsement, or offer by CCA or any third party service provider to buy or sell any securities or other financial instruments in this or in any other jurisdiction in which such solicitation or offer would be unlawful under the securities laws of such jurisdiction.

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