CANN movement is about the low priced medicine for patients; ergo, the lower the price, the better it is for patients. It's been stated ad nauseam that increasing the coin's price is not important to, nor a goal of, the development team.
This would make sense if the price of BTC was +1000 usd....at this price, "cheap" isn't the right word...we should just say its FREE.
All so impatient
cevarius is right. Making CANN holders/"investors" wealthy is obviously not a priority goal of ∆9 or at least it should be obvious to anyone who actually reads the OP.
For those only seeking monetary returns, you will profit from holding CANN if you have patience and recognize that setting up grows, actually growing crops, drying and distributing takes time and effort. Once a few crops have been distributed, more donated CANNdy exchanged for CANN and more dispensaries involved in day to day usage of CANN then the fiat exchange rate will likely grow very rapidly and profit-takers can exit with fat purses.
In the U.S. Christmas celebrations divert significant spending so I would anticipate a quiet and somewhat depressed altcoin market generally - price watchers should expect declines until the new year. Note too that PayCoin has absorbed a lot of speculative funds which had to be diverted from somewhere.
If it helps temper your impatience remember that CANN has already achieved something most coins never will,
real-world use. Note too that it is a solid front-page item on Bittrex with a couple of hundred BitCoin trade each week. If you are truly desperate for some return from your CANN holdings then consider swing trading a coin with such a healthy turnover.
When (not "if") CANN reaches near-parity pricing, the goal so hungrily sought by some, it will still be facilitating easier access to their medications for medical marijuana patients and greatly easing the cash-hassle experienced by dispensaries and so it will still meet its goal of being all about the patients, no matter how high the price eventually rises. What is less certain is that it will satisfy the incessant demands of profit-seekers. Without doubt it will not rise "high enough" or do so "soon enough" to suit some but ∆9's efforts
are bearing fruit already. Grows are being established, as is the CANNlab where more CANNdy varieties will be developed, point-of-sale has been tested and is functioning, more growers are committing to the movement and work continues diligently.
Remember that the pre-Ann for CannabisCoin and the Yes We CANN movement was a mere 10 months ago and if your expectations are at all realistic you will see progress has been magnificent.
As ∆9 said to me only hours ago: "
Everyone wants to be rich yesterday. Patience and persistence will prove itself." So there's your money quote from the man himself, be patient and hang in there.
Seasons Greetings to all from the land down-under