Reguardless of whichever pegging ratio is decided upon,what is the timeframe in which it will be implemented?
I think realistically speaking the CANN team is the only entity which can work out and decide upon the ideal pegging ratio since they alone know their setup (how much is grown and how it is grown),the strain specific details (veg/flowering cycle) and the yield in relation to expected purchases/consumption and even the uptake from other producers.
Topic: [ANN] CannabisCoin [CANN][X11][Official] Unmoderated General Discussions. - page 247. (Read 492677 times)
August 17, 2014, 10:13:42 AM
August 17, 2014, 09:23:20 AM
Community Poll
As everyone knows we are discussing the 'pegging' of CANN to GRAMS of "CANNdy" Strain.
It has been brought up within the team that we should also allow the community to give input on the price.
So for that we would like to ask,
1) If you had a choice How much CANN per gram of Cannabis, what ratio would you choose?
2) Why did you choose that ratio.
As discussed before, participating dispensaries will have their own limits on daily purchases on grams per day.
Within the team the ratios that were discussed were:
10 CANN = 1 Gram for cannabis slated for the coin.
or
1 CANN = 1 Gram for cannabis slated for the coin.
AVG price for decent gram is $17 or higher usd per gram.
fyi: CannabisCoin will NOT be limited to ONLY jars set aside for "CANN" purchases. You WILL be able to buy 'House" strain cannabis, Merchandise, Gifts, Pipes, etc depending on the dispensary/merchant.
As everyone knows we are discussing the 'pegging' of CANN to GRAMS of "CANNdy" Strain.
It has been brought up within the team that we should also allow the community to give input on the price.
So for that we would like to ask,
1) If you had a choice How much CANN per gram of Cannabis, what ratio would you choose?
2) Why did you choose that ratio.
As discussed before, participating dispensaries will have their own limits on daily purchases on grams per day.
Within the team the ratios that were discussed were:
10 CANN = 1 Gram for cannabis slated for the coin.
or
1 CANN = 1 Gram for cannabis slated for the coin.
AVG price for decent gram is $17 or higher usd per gram.
fyi: CannabisCoin will NOT be limited to ONLY jars set aside for "CANN" purchases. You WILL be able to buy 'House" strain cannabis, Merchandise, Gifts, Pipes, etc depending on the dispensary/merchant.
Patients will also have the choice to buy CannabisCoins directly from merchants to purchase "CANNdy" only meds. Thus simplifying the purchases. More community input! Great responses so far!
August 17, 2014, 09:19:53 AM
With the total coin supply there would need to be 420 tons of ganja harvested on a 1-1 ratio,a 10-1 ration seems more realistic imo even if that means a total of 42 tons which is still a hell of a lot of ganja.
August 17, 2014, 09:14:43 AM
I would choose 10 cann per gram of cannabis. Why? because of the large amount of coin supply i believe realistically setting the bar for 1 cann to be about 1 dollar would make sense. Since street prices although they vary from strain to strain and place to place you usually see anywhere from $10-$20 per gram. So 10 cann per gram would set the price of the gram on the lower end of street prices while also providing other benefits of using the coin versus fiat.
August 17, 2014, 09:10:24 AM
Nice looking coin and nice looking price, I will wait for next update and you might have a new investor.
Why wait for next updates? The price will probably rise again, so you better buy in now 
If you want to invest ,better buy now while coins are cheap .
August 17, 2014, 09:07:13 AM
Community Poll
As everyone knows we are discussing the 'pegging' of CANN to GRAMS of "CANNdy" Strain.
It has been brought up within the team that we should also allow the community to give input on the price.
So for that we would like to ask,
1) If you had a choice How much CANN per gram of Cannabis, what ratio would you choose?
2) Why did you choose that ratio.
As discussed before, participating dispensaries will have their own limits on daily purchases on grams per day.
Within the team the ratios that were discussed were:
10 CANN = 1 Gram for cannabis slated for the coin.
or
1 CANN = 1 Gram for cannabis slated for the coin.
-------
AVG price for decent gram is $17 or higher usd per gram.
fyi: CannabisCoin will NOT be limited to ONLY jars set aside for "CANN" purchases. You WILL be able to buy 'House" strain cannabis, Merchandise, Gifts, Pipes, etc depending on the dispensary/merchant.
As everyone knows we are discussing the 'pegging' of CANN to GRAMS of "CANNdy" Strain.
It has been brought up within the team that we should also allow the community to give input on the price.
So for that we would like to ask,
1) If you had a choice How much CANN per gram of Cannabis, what ratio would you choose?
2) Why did you choose that ratio.
As discussed before, participating dispensaries will have their own limits on daily purchases on grams per day.
Within the team the ratios that were discussed were:
10 CANN = 1 Gram for cannabis slated for the coin.
or
1 CANN = 1 Gram for cannabis slated for the coin.
-------
AVG price for decent gram is $17 or higher usd per gram.
fyi: CannabisCoin will NOT be limited to ONLY jars set aside for "CANN" purchases. You WILL be able to buy 'House" strain cannabis, Merchandise, Gifts, Pipes, etc depending on the dispensary/merchant.
August 17, 2014, 03:42:28 AM
Nice looking coin and nice looking price, I will wait for next update and you might have a new investor.
Why wait for next updates? The price will probably rise again, so you better buy in now August 17, 2014, 03:22:44 AM
Nice looking coin and nice looking price, I will wait for next update and you might have a new investor.
August 16, 2014, 07:35:57 PM
Do you guys have an IRC channel i can join?
Freenode does not allow drug related channels.. which I find funny since its medically related. I tried to join #Cannabis and it told me no
.Im sure we could creat canncoin or something though. did someone already make this yet?
https://kiwiirc.com/client/irc.freenode.net/#cann
That's the unofficial irc but usable.
This dev must be a relative of bob marley
August 16, 2014, 10:03:40 AM
Do you guys have an IRC channel i can join?
Freenode does not allow drug related channels.. which I find funny since its medically related. I tried to join #Cannabis and it told me no
.Im sure we could creat canncoin or something though. did someone already make this yet?
https://kiwiirc.com/client/irc.freenode.net/#cann
That's the unofficial irc but usable.
August 16, 2014, 08:55:28 AM
Do you guys have an IRC channel i can join?
Freenode does not allow drug related channels.. which I find funny since its medically related. I tried to join #Cannabis and it told me no
.Im sure we could creat canncoin or something though. did someone already make this yet?
August 16, 2014, 05:54:19 AM
Do you guys have an IRC channel i can join?
Freenode does not allow drug related channels.. which I find funny since its medically related. I tried to join #Cannabis and it told me no
.Im sure we could creat canncoin or something though. did someone already make this yet?
August 16, 2014, 01:10:42 AM
Announcement
This weekend DeltaNine will be meeting with potentials in Northern Arizona around NAU college. Coconino County, Flagstaff
On the return trip Sunday or Monday there will be a stop in Yavapai County.
During the weekend we will be running preliminary scenarios with "CANNdy" !!!!!!!
Stay tuned for more.
~Dev Team
This weekend DeltaNine will be meeting with potentials in Northern Arizona around NAU college. Coconino County, Flagstaff
On the return trip Sunday or Monday there will be a stop in Yavapai County.
During the weekend we will be running preliminary scenarios with "CANNdy" !!!!!!!
Stay tuned for more.
~Dev Team
update will be on Monday.
August 15, 2014, 11:15:02 PM
Announcement
LeetPool.com is hosting a pool for CannabisCoin.
http://cann.leetpools.com/
Added to Main Post.
LeetPool.com is hosting a pool for CannabisCoin.
http://cann.leetpools.com/
Added to Main Post.
August 15, 2014, 08:26:28 PM
A couple of us are mining at luckystrike. Could use some more hash but don't bogart!
That pool doesn't seem to be part of the main p2p pool. There are no support/ contact links and there is little transparancy.
Proceed with caution.
It would be nice to see some real time stats from Kryptochaos aswell.
August 15, 2014, 02:36:41 PM
Do you guys have an IRC channel i can join?
August 15, 2014, 01:33:31 PM
A couple of us are mining at luckystrike. Could use some more hash but don't bogart!
August 15, 2014, 09:29:59 AM
Some of you have asked, so we did. If you want it to happen FAST? then let them know! https://bitcointalksearch.org/topic/m.8365785 Give it a reply and show your support by telling them why you think we should be added.
August 15, 2014, 08:41:06 AM
Announcement
This weekend DeltaNine will be meeting with potentials in Northern Arizona around NAU college. Coconino County, Flagstaff
On the return trip Sunday or Monday there will be a stop in Yavapai County.
During the weekend we will be running preliminary scenarios with "CANNdy" !!!!!!!
Stay tuned for more.
~Dev Team
This weekend DeltaNine will be meeting with potentials in Northern Arizona around NAU college. Coconino County, Flagstaff
On the return trip Sunday or Monday there will be a stop in Yavapai County.
During the weekend we will be running preliminary scenarios with "CANNdy" !!!!!!!
Stay tuned for more.
~Dev Team
August 15, 2014, 08:21:17 AM
Anything new ANN? event?
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