Alright.. I have been thinking a lot about this recently...
What is the main "magnet" for people to buy CANN?
1 CANN for 1 gram of marijuana is not realistic! Even if the dev is growing his canndy.. I doubt he is growing millions of grams! In a dutch coffeeshop a good quality weed already costs you about ~8-9 euro
This is not meant as fud, but purely interest! I am a well known figure in a few regions in the netherlands, cannabis related of course
I cant see this happening.. I really cant. Why would someone sell his weed for 1 cann? if he can sell it on the streets for at least 5$ a gram
It doesnt make any sense to me at all! I also spoke to a few coffeeshop owners if they are willing to accept CANN or BTC as payment. They all answered no. Because they will lose money on it, since its cryptomarkets. And not 1 coin has a stable value. I told them later on in the conversation there are multiple auto exchange platforms available, but that would mean interference from other companys to do the trading. Marijuana related "companys" dont like interference
At least not where I come from
I do hold a small stake in cann. I have around 30K atm. Please give me good reason to stock up more, besides the "upcoming 420 pump"
Thank you,
Banzai