The legal cannabis industry is a multibillion-dollar market encompassing sectors such as healthcare, pharmaceuticals, FMCG, and industrials. The Euromonitor has projected an increase in legal cannabis sales from $30 billion in 2020 to $95 billion by 2025. The CanCoin is developing an entire ecosystem around the token in a bid to revolutionise the European cannabis market. The CanCoin sets itself apart as an innovative solution with high potential for this nascent industry. This platform is offering best tools to companies across the cannabis value chain, including track and trace solutions, a decentralised payment network, crowdfunding capabilities, secure patient data, NFTs, and a rapid coin adoption strategy.

TheCanCoin

The CanCoin is a cannabis token that was developed to combat frictional losses and to effect monetization in the growing legalized European cannabis market. Supported by the investment and management teams at Technicorum Holdings and Enexis AB, as well as Daniel Daboczy, The CanCoin resolves key market challenges through using blockchain, along with NFT and DeFi elements. The CanCoin streamlines payments and processing, inventory management, patient monitoring, medical cannabis cards, and allows tracking from seed to shelf.

Cannabis central bank

Europe, in particular, represents the next frontier. The legislation of legal cannabis is currently spreading at 3x the rate of North America. As of today, over 375 million Europeans have access to medical cannabis. This is expected to continually grow over the next five years. The CanCoin and its associated blockchain technology will help tackle many of the industry’s pinch points with the eventual aim of it evolving into Europe’s cannabis central bank. That means this platform will get access to people worldwide so it is not only people in the cannabis business that can use it, it could be used by anybody, as any cryptocurrency can be. So, it can be used for purchasing, traceability, or speculation, for example. The opportunity is huge and the market is ripe for a coin that eliminates the friction and opens the global cannabis market, and TheCanCoin platform is proving its worth and is led by an illustrious team leading this charge.

Monitoring app

The innovative team of developers is working hard to create a user friendly platform that is handy to use and keep track of all the data and and previous medical history of the patients who need cannabis for their remedy purpose. This project is dedicate for development of a monitoring app for medical cannabis patients, as well as the development of secure medical ID cards for cannabis patients. The users can do their needful while using this platform and they can do peer to peer transactions without involving third parties. so there are no heavy documentations and also the users are not required to reveal their identities as this platform has created a trustless environment which is allowing anonymous transactions. the best part is that this platform is following all the legal norms and is not allowing any unusual activity on its platform . For that purpose the blockchain technology is used to store the data and handle the customers requirements in a transparent, secure and immutable way where the users can operate frequently with fast speed while paying very low fees.

Technically advanced platform

TheCanCoin platform is a technically advanced platform that is created by a well educated and much experienced team of developers who are committed to provide a best platform for trading/swapping of crypto assets, and for staking as well as liquidity mining/yield farming by allowing the users to get access to all DeFi applications and protocols to their full potential. The concept of this revolutionary platform is derived from the best features of Cex and Dex exchanges of the market.

CANNA Token

The native and the governance token of the platform is CANNA token. This token is the backbone of this growing ecosystem and all the applications and protocols of the platform are running smoothly with the helped CANNA token. The holders of this token are the stake holders of the platform. They are able to use all the earning protocols of the platform and can earn good interests and rewards on the platform. These generated rewards and interest on the platform are paid in CANNA token. The holders of this token can vote and help the platform to take best future growth strategies.

Useful Links

-Website: https://thecancoin.com/
-Twitter: https://twitter.com/thecancoin
-Telegram: https://t.me/thecancoinofficial
-Facebook: https://www.facebook.com/thecancoin

Author

-Bitcointalk Username: lovekkk
-POA: https://bitcointalk.org/index.php?topic=5359271.msg57923533#msg57923533