Why is Pavo needed? Why does the cannabis industry need you?
There are a number of serious problems in the current cannabis industry, which PAVO resolves:
1. The main problem is decreasing prices. This is caused by:
-expansion of growing facilities,
-increase in both supply and competition.
2. Another important problem is rising utility costs – this is one of the largest problems for growers.
3. Indoor growers encounter long-term problems with landlords (usually due to mistrust).
4. Regulatory oversight under a number of laws severely limited the industry after legalization, leaving market participants struggling to maintain compliance.
5. Huge bills on energy, because it does not enjoy lower per-unit costs with increased volume.
6. Scaling grower operations without an industry-grade IoT platform will be very difficult. Pavo will provide the scalable, trusted, and secure platform and help the Cannabis Industry to prosper and flourish.
This is an interesting concept! One thing I wonder about though is that many here are writing about Cannabis. Will that be your first focus and are you going to expand beyond that?
We will work with agriculture broadly. Cannabis is just one crop, and from a horticulture perspective, it is like most other crops. Indoor cannabis is directly adjacent to indoor farming for other produce crops, like lettuce, spinach, strawberries. We also have deployments planned, and underway, with tree nut orchards (walnuts, almonds.)
Nice stuff and I guess competition in this area isn't that tough is it? I mean in terms of blockchain businesses trying to do the same?
If we are talking about existing competitors:
CannabisCoin had a goal: making transactions easier for medical marijuana dispensaries. Their
proposal was to provide a super simple exchange factor from cryptocurrency to actual marijuana for
specific strains of marijuana and cannabis preparations. For example, you can exchange CANN at a
rate of 1 coin for 1 gram. They are a leader in the cannabis industry, but so far there are no specific
expansion plans on the company's website. The difference is that PAVO not only allows quick, secure
digital payments between all members of the community, it has also developed an IoT platform that
helps growers to improve the quality of cannabis and to reduce production costs.
There are a number of companies in the cannabis industry that play around the edges of what we do,
for example, Paragon, but no other company provides a platform to manage cannabis growth and
distribution from “seed to smoke.” Pavo’s cloud-computing based platform and leading edge IoT
technology enable real-time management of gardens, ensuring the highest yield of the highest quality
product, while ensuring regulatory compliance, sustainable business practices, and honest, fair play
within the cannabis ecosystem. Pavo also provides a private cryptocurrency specifically for the
cannabis industry, to alleviate the dangers of dealing in cash. The PAVO coin is a secure, reliable, safe
payment instrument
The main difference between PAVO and Pot Coin is that our project is based on a high-tech,
high-quality product. Pavo provides an intelligent state-of-the-art IoT blockchain platform for industry
participants to manage their business from seed to consumption. For example, Pavo enables growers
to make smarter, faster agricultural and business decisions based on real data.
But no solution for whole agricultural ecosystem is in development yet, as far as our analytics has researched the market (deep enough
)
