I think a floating exchange rate, rather than pegged, is the way to go For CANN / CANNdy g

What happens if/when growers in Canada, Europe and other places adopt CANN in a similar way?

Demand  and prices in BTC could skyrocket.

I would look at.....

- initial (floating) exchange rate of 10 CANN = 1 gram CANNdy

Later, when CANN becomes more widely adopted, and demand increases significantly, the CANN/g could be reduced.
EG., 5 CANN/g, 2 CANN/g and eventually 1 CANN/g

This would have 2 advantages over pegged rate...
1... Cost in real terms could be stabilized
2....Early adopters/holders would see the increased demand reflected in increased value of CANN they already hold.


Edited to add....

The more I think about it... I think pegging the price is a bad idea.
Sure... In a closed system where CANNdy is the only product range available....
But not in a global market where CANNdy may be only one if many products, from many suppliers are the world, available.

I am happy to bet that a permanent pegged rate would be changed within one year when CannabisCoin begins to see adoption by 3rd party suppliers..