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Topic: [ANN] CannabisCoin [CANN][X11][Official] Unmoderated General Discussions. - page 248. (Read 492677 times)

hero member
Activity: 882
Merit: 502
Did some research:

"U.S. retail cannabis sales will rise more than five-fold over the next five years, from an estimated $2.2-$2.6 billion in 2014 to $7.4-8.2 billion in 2018, according to new financial data released today in the 2014 edition of the Marijuana Business Factbook."
"The U.S. black market is currently estimated to be in the $40 billion range. Thus, the legal marketplace has significant potential beyond 2018."

“If you take the whole industry, not just medical but the entire marijuana market in the U.S., you’re probably looking at $40 billion. Some estimates have it as high as $100 or $120 billion,” said founder and CEO of Weedmaps, Justin Hartfield. “If you compare it to the wine industry, which is maybe $10 or $20 billion, it’s at least that size and probably much larger.”
http://finance.yahoo.com/blogs/big-data-download/investment-opportunities-grow-marijuana-business-152839542.html
sr. member
Activity: 434
Merit: 250
Haha guys, look thought the completed trades on c-cex.com.
There is quite BIG demand!
sr. member
Activity: 436
Merit: 250
Coming soon..... HomeBake420.com

If anyone has good recipes they would like me to include, send me a PM.

Would be great to see CANN included in a Payment Gateway for Joomla or WordPress in the future.
Any plans for this ?
legendary
Activity: 1120
Merit: 1002
Dev, any plans with Prypto?

Looks like a good possibility...
hero member
Activity: 882
Merit: 502
Dev, any plans with Prypto?
full member
Activity: 154
Merit: 100
full member
Activity: 154
Merit: 100
Great concept


Just a simple question please.

What are the incentive for the buyers to use cannabis coin to pay in these dispensaries by physically being present there over using fiat.

I mean why would some one go to the hassle of first buying bitcoin with fiat- then buying cannabiscoin with that and then go to a dispensary and pay in cannabis coin. ( now that if u argue that why cafes and shops are accepting bitcoin- well because bitcoin has other uses - sending money worldwide instantly- low transaction fee- so people have bitcoins and its just nice to pay in a local shop (not in anyway better) with those if they accept it). Does cannabiscoin has any other uses!

Thanks



Besides the same capabilities as bitcoin here are some of the key incentives

Incentives with CannabisCoin vs fiat

- Patient can BUY ANY strains from dispensary with CannabisCoin not just meds slated for the coin.
- Patient can also EXCHANGE fiat to CANN within the dispensary if they want to buy meds labeled for CANN.
- CannabisCoin meds will be a SET price per GRAM
- CannabisCoin will not be relying on BTC price fluctuations
- CannabisCoin meds will be at significantly lower price than 'house' meds as incentive for patients.

We can get more detailed about processes but that is come in the near future.  Just like to give you the highlights.



~DeltaNine






Paperwallet design is very nice, matches the theme of cannabis coin very nicely.
sr. member
Activity: 266
Merit: 250
Just a simple question please.

What are the incentive for the buyers to use cannabis coin to pay in these dispensaries by physically being present there over using fiat.

I mean why would some one go to the hassle of first buying bitcoin with fiat- then buying cannabiscoin with that and then go to a dispensary and pay in cannabis coin. ( now that if u argue that why cafes and shops are accepting bitcoin- well because bitcoin has other uses - sending money worldwide instantly- low transaction fee- so people have bitcoins and its just nice to pay in a local shop (not in anyway better) with those if they accept it). Does cannabiscoin has any other uses!

Thanks



Besides the same capabilities as bitcoin here are some of the key incentives

Incentives with CannabisCoin vs fiat

- Patient can BUY ANY strains from dispensary with CannabisCoin not just meds slated for the coin.
- Patient can also EXCHANGE fiat to CANN within the dispensary if they want to buy meds labeled for CANN.
- CannabisCoin meds will be a SET price per GRAM
- CannabisCoin will not be relying on BTC price fluctuations
- CannabisCoin meds will be at significantly lower price than 'house' meds as incentive for patients.

We can get more detailed about processes but that is come in the near future.  Just like to give you the highlights.



~DeltaNine






Paperwallet design is very nice, matches the theme of cannabis coin very nicely.
hero member
Activity: 490
Merit: 500
The Official CannabisCoin Team [CANN]
Just a simple question please.

What are the incentive for the buyers to use cannabis coin to pay in these dispensaries by physically being present there over using fiat.

I mean why would some one go to the hassle of first buying bitcoin with fiat- then buying cannabiscoin with that and then go to a dispensary and pay in cannabis coin. ( now that if u argue that why cafes and shops are accepting bitcoin- well because bitcoin has other uses - sending money worldwide instantly- low transaction fee- so people have bitcoins and its just nice to pay in a local shop (not in anyway better) with those if they accept it). Does cannabiscoin has any other uses!

Thanks



Besides the same capabilities as bitcoin here are some of the key incentives

Incentives with CannabisCoin vs fiat

- Patient can BUY ANY strains from dispensary with CannabisCoin not just medicine slated for the coin.
- Patient can also EXCHANGE fiat to CANN within the dispensary if they want to buy medicine labeled for CANN.
- CannabisCoin medicine will be a SET price per GRAM
- CannabisCoin will not be relying on BTC price fluctuations
- CannabisCoin medicine will be at significantly lower price than 'house' medicine as incentive for patients.

We can get more detailed about processes but that is to come in the near future.  Just like to give you the highlights.



~DeltaNine



full member
Activity: 154
Merit: 100
big Ups and Big Downs?

1 CANN = Huh
sr. member
Activity: 434
Merit: 250
7 BTC buy wall now, someone wants 1 millioooooonnnnnn coins!


And some members yet say there is not demand and it's only pump Grin
legendary
Activity: 1246
Merit: 1000
7 BTC buy wall now, someone wants 1 millioooooonnnnnn coins!

sr. member
Activity: 434
Merit: 250
Price seems to be pump a bit I will wait till it consolidate for few days at this stage and buy some more or sell.
Why would you sell if it's almost clear that we will head up?

Look at the graph double pick and no buy support. It looks like only few ppl make this pump.
I see around 4 bitcoin support line @ 700 satoshis and above?
legendary
Activity: 1894
Merit: 1001
Just a simple question please.

What are the incentive for the buyers to use cannabis coin to pay in these dispensaries by physically being present there over using fiat.

I mean why would some one go to the hassle of first buying bitcoin with fiat- then buying cannabiscoin with that and then go to a dispensary and pay in cannabis coin. ( now that if u argue that why cafes and shops are accepting bitcoin- well because bitcoin has other uses - sending money worldwide instantly- low transaction fee- so people have bitcoins and its just nice to pay in a local shop (not in anyway better) with those if they accept it). Does cannabiscoin has any other uses!

Thanks

  i believe the plan is to offer CANN strains of bud at special prices to those who pay w/Cannabiscoin
legendary
Activity: 1193
Merit: 1000
Peaky Blinder
Price seems to be pump a bit I will wait till it consolidate for few days at this stage and buy some more or sell.
Why would you sell if it's almost clear that we will head up?

Look at the graph double pick and no buy support. It looks like only few ppl make this pump.

Right.
It does not look seriously to me.

I think it's very good coin and it can be worth much more, but it needs time to be noticed by crypto (and out of crypto) coummunity.
I will mine from time to time and buy at low prices, who knows where it lead us. Kiss
member
Activity: 70
Merit: 10
Price seems to be pump a bit I will wait till it consolidate for few days at this stage and buy some more or sell.
Why would you sell if it's almost clear that we will head up?

Look at the graph double pick and no buy support. It looks like only few ppl make this pump.

Right.
It does not look seriously to me.
legendary
Activity: 1193
Merit: 1000
Peaky Blinder
Price seems to be pump a bit I will wait till it consolidate for few days at this stage and buy some more or sell.
Why would you sell if it's almost clear that we will head up?

Look at the graph double pick and no buy support. It looks like only few ppl make this pump.
sr. member
Activity: 294
Merit: 250
Just a simple question please.

What are the incentive for the buyers to use cannabis coin to pay in these dispensaries by physically being present there over using fiat.

I mean why would some one go to the hassle of first buying bitcoin with fiat- then buying cannabiscoin with that and then go to a dispensary and pay in cannabis coin. ( now that if u argue that why cafes and shops are accepting bitcoin- well because bitcoin has other uses - sending money worldwide instantly- low transaction fee- so people have bitcoins and its just nice to pay in a local shop (not in anyway better) with those if they accept it). Does cannabiscoin has any other uses!

Thanks






There is problem about cannabis shops accepting debit cards and so on and CANN could solve that.

Well in that case- its a problem for the shops but not that much of a problem for the buyer as using fiat still is faster and easier than getting cann with fiat.
sr. member
Activity: 434
Merit: 250
Price seems to be pump a bit I will wait till it consolidate for few days at this stage and buy some more or sell.
Why would you sell if it's almost clear that we will head up?
legendary
Activity: 1193
Merit: 1000
Peaky Blinder
Price seems to be pump a bit I will wait till it consolidate for few days at this stage and buy some more or sell.
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