Topic: [ANN] CannabisCoin [CANN][X11][Official] Unmoderated General Discussions. - page 230. (Read 492677 times)
August 31, 2014, 01:46:00 PM
That's pretty much what I took away from Delta9's update. Even though it could be said a little more clearer.
August 31, 2014, 01:41:25 PM
- Exchange market will have no little effect on the ratio.
Its been mentioned here that dispensaries may be selling CannabisCoins for fiat as well.
This sounds like the ratio will be set based on the current exchange rate. Is that what you mean to say?
I think it means that within it's on ecosystem CANN's value does not depend on exchange rate since it's value is pegged
August 31, 2014, 01:37:37 PM
- Exchange market will have no little effect on the ratio.
Its been mentioned here that dispensaries may be selling CannabisCoins for fiat as well.
This sounds like the ratio will be set based on the current exchange rate. Is that what you mean to say?
August 31, 2014, 01:29:19 PM
As promised,
Official Announcement tomorrow on the ratio/peg
Some points:
- Exchange market will have no little effect on the ratio.
Its been mentioned here that dispensaries may be selling CannabisCoins for fiat as well.
- Patients will be able to get there meds at aggressively reduced rate compared to FIAT.
It's a movement remember? We will honor it. Grower/suppliers who are participating have agreed to official "PEG" ratio.
- Target delivery period for CANN to be on shelves can be almost immediate once the procedure has been established and streamlined.
- "CANNdy" Strains have been finalized and out of Beta testing. We are growing 'mothers' and will be cloning shortly.
- Other strains slated for CannabisCoins are ready for distribution at peg ratio.
- Had another pre-meeting with medical doctors in the valley regarding CANN. We may have a doctor on the team.
More news tomorrow.
To the moon and beyond for those who CANN!
~DeltaNine
Official Announcement tomorrow on the ratio/peg
Some points:
- Exchange market will have no little effect on the ratio.
Its been mentioned here that dispensaries may be selling CannabisCoins for fiat as well.
- Patients will be able to get there meds at aggressively reduced rate compared to FIAT.
It's a movement remember? We will honor it. Grower/suppliers who are participating have agreed to official "PEG" ratio.
- Target delivery period for CANN to be on shelves can be almost immediate once the procedure has been established and streamlined.
- "CANNdy" Strains have been finalized and out of Beta testing. We are growing 'mothers' and will be cloning shortly.
- Other strains slated for CannabisCoins are ready for distribution at peg ratio.
- Had another pre-meeting with medical doctors in the valley regarding CANN. We may have a doctor on the team.
More news tomorrow.
To the moon and beyond for those who CANN!
~DeltaNine
August 31, 2014, 12:37:35 PM
Announcements & Latest Developments
First of all, Areds post was dead on. To those who have not read it, here : https://bitcointalksearch.org/topic/m.8423852 READ IT! I cannot comment on it further other than it being perfectly said.
I am starting to see a lot of responses from the community and seeing the same names pop up contributing to the growth and success of CannabisCoin. Amazing Community!
Collaboration and contribution is how WE make things happen. We team together and everyone will contribute to the vision, movement, and the future of CannabisCoin as a whole.
Pegging
Quote
1 CANN = 1 GRAM of Medical Marijuana
vs
10 CANN = 1 GRAM of Medical Marijuana
vs
10 CANN = 1 GRAM of Medical Marijuana
I would like to let the community know that the "Peg" will be officially announced before or by Sept. 1st, pending further discussion with "first gen" growers. Could be any day.
Growers
We have secured two supplemental growers with their own grow facilities and specialty medical marijuana strains!
Some points were brought up during face to face discussions this past weekend.
- For faster adoption, they (growers) would like to participate in the movement and provide their current crops/strains that they have already 'specialized' in and ADD it to the CANNdy Inventory.
This would provide a few beneficial facts that we have agreed on.
1) it would speed things up, they would not have to wait for CannabisCoin specific "Canndy" clones or seeds to mature to add to harvest.
2) No immediate transporting or distribution of the CannabisCoin specific "Canndy" strains on large scale, but rather gradual distribution while other strains can be slated for CANN "peg" prices.
3) it would also create a sub menu and variety of discounted meds for patients to choose from. For example, adding another jar with "CANNdy" Main Label and then sub-labeled "L.A. Diesel Strain" etc. for that store.
4) Quicker adoption from other Dispensaries/Growers/Merchants
5) We could have "Canndy" meds on the shelves almost immediately!
QT Wallet Updates
We will be releasing soon, a wallet update to patch a couple of small issues (non noticeable issues), update the halving schedule, and implement the windows installer again for ease of use.
Mobile Web / HTML5 / QR Capable wallet
Currently active project, looking at possible issues, building API, transaction handling, etc.
We have a well-known dev in the community working on it.
More updates coming!
Lately, I have been busting balls, covered in cannabis resin from head to toe, endured Arizona monsoons, and many sleepless nights working to help make
CannabisCoin a reality. It does not go without saying, that with the help and encouragement of the community, we CANN! YES WE CANN!!!
~DeltaNine
let's keep going!
Hey can you explain the difficulties legal cannabis growers and retailers are having with the banking industry. Because the banks are still federally regulated all funds acquired through the sale and distribution are still illegal as a bank transfer so cannabis growers are forced to make cash deposits. How does cannabis coin directly affect this problem? I'd like an insiders view on the problems you're facing as a producer and the solutions cannabis coin may provide.
bump
August 31, 2014, 10:14:29 AM
August 31, 2014, 08:40:06 AM
I think some of the sell off has to do with newegg offering $75 dollars off $300 purchase or $150 off $500 purchase if you use bitcoin till Sept. 1st. This is causing anyone with cryptocurrency with weak hands to be extremely tempted since now maybe that purchase they have been wanting is within reach now. I'm holding though . 
August 31, 2014, 07:44:03 AM
Not sure what morons would sell their cann before the official announcement of the peg.
I'm sure this has been asked and answered many times, but could someone tell me how many cann are mined each day and when does this stop?
I'm sure this has been asked and answered many times, but could someone tell me how many cann are mined each day and when does this stop?
August 31, 2014, 05:02:44 AM
Nice sells and refills under 2000 to do it twice. Have I refilled again yet? Maybe
Believe in the PEGG meh hearties and dont worry those naughty pumpers weren't the only ones to get tha booty.
Ill always see them coming. I got my future shades awwwwn
August 31, 2014, 03:04:47 AM
The peg is coming, the peg is coming. Welcome to Cannabis Island.
more buy support please more buy support please
August 31, 2014, 01:34:15 AM
This coin is very good, it will certainly have to rise very high
August 31, 2014, 12:40:12 AM
The peg is coming, the peg is coming. Welcome to Cannabis Island.
So tell me. Is Cannabis Island located on the high seas?
Sorry had to.
August 30, 2014, 07:20:21 PM
The peg is coming, the peg is coming. Welcome to Cannabis Island.
August 30, 2014, 06:59:29 PM
Well i was reading around about CANN going to 8500 sats next week, you guys think that's possible?
Oh god, please don't tell me you are talking about Satoshi's tweets? That idiot could not pick a coin to save his a$$. However CANN is here to stay for a long time. If you can weather the ups and downs that come with day traders hyping the same coin next to you, you will be ok.
No, i don't even follow this asshole, i saw from @WarrEagle about the last update from devs here, So i was wondering if we really go higher this week.
August 30, 2014, 06:48:21 PM
Well i was reading around about CANN going to 8500 sats next week, you guys think that's possible?
Oh god, please don't tell me you are talking about Satoshi's tweets? That idiot could not pick a coin to save his a$$. However CANN is here to stay for a long time. If you can weather the ups and downs that come with day traders hyping the same coin next to you, you will be ok.
August 30, 2014, 06:37:01 PM
Well i was reading around about CANN going to 8500 sats next week, you guys think that's possible?
August 30, 2014, 06:19:03 PM
theres a certain point where all coins drop a bit due to early investors selling off at large profit margins.. this one will be going up still overall. Looking at the pools and overall hashrates that continue to increase this is going in a great direction and will continue an overall uptrend 
.
. August 30, 2014, 06:05:13 PM
someone dumped 300k+ coins, it tends to drop in price when that happens. Add in the fact that its the weekend and the buy ins wont come around till Monday.
August 30, 2014, 05:33:07 PM
Because it is crypto world bro
August 30, 2014, 05:32:41 PM
Why CANN its dropping now?
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