Author Topic: Cannabis Seed Token  (Read 2790 times)

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Cannabis Seed Token
« on: May 18, 2020, 11:04:34 AM »


Erc20 Token That is


Cannabis Seed Token  is a Erc20 token redeemable for cannabis seeds grown by decentralized growers with community polls deciding on strains to be grown with inhouse testing facility's and inhouse growing facility's. cannabis seed token is fully backed to a cannabis seed. our company cana token limited will be audited yearly to prove seed vault accumulation.

Cannabis Seed Token:

CANA tokens will be redeemable tokens. These tokens will be redeemed at a ratio of 1:1 for a cannabis seed.
Cannabis Seed Tokens are launching their ICO from the United Kingdom with a plan to expand into Spain post ICO for production.

The company behind CANA seeds plan on launching into the global markets and are currently registering in the UK as a limited company (application currently pending), selling their cannabis seeds as well as keeping a seed stockpile for token redemption.

They plan on having a stockpile of 12 million cannabis seeds. This is the total number of tokens they have minted. They expect this process of stock piling to take 5 years, thereby having the facility to redeem all tokens in circulation.

They plan on opening the redemption process after their first grow cycle. One grow cycle is approximately 3 to 6 months.

The seed selection process for the token redemption is primarily going to be through official opinion polls, targeting the crypto and cannabis community.

Once the token has been exchanged for a cannabis seed, that token will enter the company wallet.

The company may trade the CANA token back onto the market depending on the current seed vault reserves.


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