First of all, THANK YOU to the Cannabis Coin team!
Please let me preface my comment by saying that I'm a seriously ill medical marijuana patient who is intrigued by the overall potential good that the Cannabis Coin can represent, but I am NOT super knowledgeable when it comes to crypto-currency in general. My specialty is Medical Marijuana.
With that being said....
Cannabis Coins sound like a really cool idea in theory, but at the moment it's seems like nothing more than a glorified sales promotion from a medical marijuana dispensary... Unless I'm completely mistaken.. (Please correct me if I'm wrong!)
Based on what I've read and seen, I've concluded that;
1) DeltaNine is the founder/creator of Cannabis Coin.
2) "Cannabis Coin" has a Youtube video entitled "Phoenix Facility 10/10" (video taken by DeltaNine) of a Medical Marijuana Dispensary Cultivation Facility that has yet to be inspected (presumably, Herbal Wellness Center in Phoenix)
3) "Herbal Wellness Center" appears to be the ONLY dispensary in the United States that accepts Cannabis Coin for payment of medical marijuana.
4) The fact that DeltaNine had access to the Herbal Wellness Center's Cultivation Facility prior to it being inspected by AZDHS, combined with the fact that "Herbal Wellness Center" is the ONLY dispensary in the United States to accept Cannabis Coin, strongly suggests that DeltaNine is either a part owner of "Herbal Wellness Center" or at least has an existing business relationship with it's registered owner, Long Nguyen. (Arizona law requires that the address of a Licensed Medical Marijuana Cultivation Facility may not be released to the public, and so DeltaNine simply could not have had access to film this Cultivation Facility on 10/10 unless he was an employee of the dispensary or at least personal friends with the owner.)
5) If I mine or buy any Cannabis Coin, I can only spend them at one dispensary, which appears to be owned by or directly associated with the very same people who made the Cannabis Coin.
In a nutshell, this is a really cool idea but it just doesn't seem legitimate until a majority of the dispensaries are willing to accept the Cannabis Coin as payment for medicine. Until that time, it appears to be just a clever promotion by a dispensary to generate revenue.
With all that being said, I would say that the POTENTIAL for the Cannabis Coin is enormous! If more and more dispensaries decide to accept Cannabis Coin, this will become a legitimate option for patients.
No disrespect intended to anyone and lots of love to you all!
1) True!
2) That facility passed state inspection!
3) HWC is the first. Other dispenseries will follow suit.
4) I believe that was the CANNdy facility, not the HWC facility.
5) see my answer on 3.
HWC is just the first dispensery.
No need to doubt D9. He knows what he's doing!
CANN will expand to more dispenseries. HWC is only the beginning!