so 1 CANN = $20 ?
More like $10, in theory.
More then the value, it will make transaction easier. should be around $20 when everyone is awake up.........
109,000,000 coins x $10 = $1,009,000,000 market cap.
They are going to have to grow/sell a lot of marijuana to make 1 CANN = $10. It can be done if they become the biggest dispensary chain in North America. I wouldn't expect to see $10 a coin for another 5 years.
I do not understand why any dispensary would ever sell any cannabis at a 1:1 ratio for CANN unless CannabisCoin gave the dispensary CANNdy for free.
Ummm... your flawed logic of "they are going to have to grow a lot of marijuana" makes no sense.
You're implying that everyone would try and exchange their CANN for marijuana all at once.
So no, they wouldn't have to be anywhere near the biggest dispensary in North America.