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Cannacor (PreICO)

Where Cannabis Cultivation and Blockchain Technology Combine Seamlessly

CannaCor: Where Cannabis Cultivation and Blockchain Technology Combine Seamlessly CannaCor and Blockchain Corporation are collaborating with a common vision to bring lasting change in the field of cannabis research, cultivation, processing and distribution. Our goal is to transform the entire cannabis cultivation process to make it as transparent and secure as possible. - CannaCor (Pty) Ltd is an incorporated company under the Companies Act of 2011 in the Kingdom of Lesotho with Registration Number 65263 and TIN number 200084029-4. - CannaCor is licensed as a prohibited drug operator. The license is granted under Section 12 of the Drug Abuse Act of 2008 with license number 02/D022/06-2019. - CannaCor has obtained 50 000m2 of land in Berea, Lesotho, of which 30 000m2 is permitted for greenhouse or indoor cultivation of Cannabis. The vision of CannaCor is to become a frontrunner of medical cannabis cultivation in Lesotho. Our focus is to implement sustainable production facilities and expand our lead with an aquaponics production plant while integrating all our management systems with a selection of blockchain technologies to ensure transparency, immutability and real-life tracking Cannacor’s objective is to develop its own aquaponics cultivation and production facility for medical cannabis on the company’s premises in Lesotho. This will enable the company to meet a growing demand in a global market of scarce production capacity and become a recognized supplier to the global markets that have no or limited production capacity. The intention is to establish a facility where standardized, uniform and consistent products can be cultivated, without the use of pesticides, so that the content of the active ingredients is the same for each harvesting and processing stage. The development of the cultivation premises into a complete facility for the cultivation and production of medical cannabis is expected to commence in the fourth quarter of 2019.

3.1
2 1 expert rating
Benchy 4.1
KYC
Experts
1.0
1.0
1.0
Review: coming soon PRO
9 days 3 hours left
2019-11-11 - 2020-01-31
Starts in 17 days 3 hours
2020-02-08 - 2020-04-30
Token
CANO
Type
PreICO Price
1 CANO = 0.06 USD
Price
1 CANO = 0.12 USD
Bounty
Platform
Accepting
ETH, BTC, XRP
Soft cap
1,500,000 USD
Hard cap
110,565,000 USD
Country
Whitelist/KYC
KYC
Restricted areas
America, Singapore, Lesotho
Visit ICO website
Report

About Cannacor

Vision
The vision of CannaCor is to become a frontrunner of medical cannabis cultivation in Lesotho. Their focus is to implement sustainable production facilities and expand their lead with an aquaponics production plant while integrating all their management systems with a selection of blockchain technologies to ensure
transparency, immutability and real-life tracking.

Mission
CannaCor works with a group of experienced scientists, blockchain developers, pharmacists and engineers daily, with the goal of improving our company by researching and delivering environmentally sustainable high-quality cannabis products.
The Cannacor Operations

CannaCor operates within the Lesotho cannabis industry. Lesotho legalized the production of cannabis in September 2017 under the Drugs of Abuse Regulations, Act of 2018. Different classes of operating licenses are granted to cultivate cannabis, export manufactured products, and conduct testing, etc.

CannaCor (Pty) Ltd is an incorporated company under the Companies Act of 2011 in the Kingdom of Lesotho and was registered on 16 November 2018 (Registration number 65263), (TIN number 200084029-4). The company is licensed as a prohibited drug operator. The license is granted under Section 12 of the Drug
Abuse Act of 2008 with license number 02/D022/06-2019. CannaCor (Pty) Ltd is licensed to perform certain activities, as defined in the act, namely: the cultivation of cannabis; manufacture of cannabis products; supply and distribution of cannabis; storage of cannabis and/or the export, import and transit of cannabis products
within, into and outside of Lesotho for medicinal purposes and/or scientific use and any other lawful use.

The Cannacor team will ensure that they are compliant with every aspect of the act and are certified by the following: ISO 9001, Good Agricultural and Collecting Practice (GACP), Good Manufacturing Practice (GMP) and Good Laboratory Practice (GLP).

CannaCor has obtained 50 000 m2 of land in Berea, Lesotho, of which 30 000 m2 is permitted for greenhouse or indoor cultivation of cannabis. The remainder of the land will be used for further expansion as demand grows.

A medical cannabis plant will be established to cultivate cannabis and produce products such as:
Oils: Tetrahydrocannabinol (THC), Cannabidiol (CBD), Cannabinoids (CBN), Tetrahydrocannabinolic Acid (THCA) in various strengths and combinations of Cannabis and oil capsules and various other products:

CannaCor intends to commence with the development of an aquaponics production facility for medical cannabis during the fourth quarter of 2019. An aquaponics production facility is a strategically important asset for CannaCor as most other European liberalized markets do not allow for local production and rely on imports. The company will be able to serve Canada, Europe and other global markets from this facility.

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ICO KYC Report
2 members invited
Hugo V
Passed
Petrus den hartog
Passed
KYC procedure verifies selected/specific team members only. It does not guarantee ICO success nor is a call for investment.
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