Summary: The CanCoin ($CANNA) is a new token designed for the legal cannabis market to address friction and monetisation issues. Today The CanCoin team announced that its project was among the top gainers in the crypto market and listed on the coinmarketcap.
STOCKHOLM — December 21, 2021 – $CANNA token recently listed on CoinMarketCap and Coingecko, the top crypto tracker platform. Since then, the $CANNA trading volume shot up abruptly by 80,000% and gained over 200% more token holders in less than a week with no sign of slowing down. The platform has since rapidly climbed up in CoinMarketCap rankings between 3000 – 7000 positions. As a result, the $CANNA token was among the top gainers in the crypto market and traded widely by the crypto community. In addition, more and more dispensaries, publications, manufacturers, and others in the cannabis industry are starting to accept $CANNA as partial or full payment for goods and services.
Commenting on the achievements of the project milestone, Daniel Daboczy, acting CEO of the CanCoin project, said, “We are proud to be listed on CoinMarketCap and Coingecko. We have received remarkably high interest and positivity from the crypto and the legal cannabis community. In addition, we have seen demand from dispensaries and payment merchants within the legal cannabis community coming on board with us to support the promising project. It’s still early days, but in the next few years, as crypto adoption increases and more and more countries address the legalisation of the industry, we expect $CANNA to become the preferred payment currency in this industry”.
The CanCoin project has recently launched its CANNA wallet. It is available on Google Play with a simplified interface to promote participation within the CanCoin ecosystem. The project had also begun onboarding dispensaries and payment merchants into its ecosystem. The CanCoin wallet can be downloaded at Google Play: https://bit.ly/CANNAwalletGooglePlaystore.
The CanCoin Mission and Future Plans
The CanCoin is a legal cannabis project supported by the investment and management teams at Technicorum Holdings, the founders of Enexis AB, and Daniel Daboczy. The CanCoin token ($CANNA) is a legal cannabis token designed to address friction and monetisation issues in the growing legal cannabis market. The project promotes financing for numerous initiatives within the legal global cannabis supply chain by providing blockchain technology solutions for payments and compliance to help cannabis companies manage their finances and operations and enhance sustainability. The CanCoin project uses blockchain technology on multiple fronts, including monitoring and tracking cannabis from seed-to-shelf, DNA software storage, and tracking technologies. It also includes the development of a monitoring application for medical cannabis patients, secured medical ID cards for cannabis patients, the financing of new payment gateway solutions for cannabis products, and the establishment of cannabis-industry standards and currencies for global payments and processing.
About The CanCoin
The CanCoin has issued an initial total token supply of 420,000,000,000, of which 210,000,000 tokens are in circulation. It was designed for the multibillion-dollar legal cannabis market that encompasses healthcare, pharmaceuticals, FMCG (fast-moving consumer goods), and industrials. In Europe, legislation pertaining to legal cannabis is currently developing at three times the rate in North America. Over 375 million Europeans have access to medical cannabis. This figure is expected to grow over the next five years, with a projected increase in legal cannabis sales from $ 30 billion in 2020 to $ 95 billion by 2025 exponentially.
For more information, please visit https://www.thecancoin.com/.
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