Potential investor here.
Let's say I own a dispensary in Colorado. I have as much business as I can handle because, well, legal weed.
Why should I accept CannabisCoin?
I like the idea behind CannabisCoin and the peg, I just need to understand why more than just this one dispensary associated with the dev will want to adopt it. Why should I accept a coin and sell my weed at a loss in hopes the coin will accrue in value so I can break even. Why not just use Bitcoin? Or Darkcoin since it has anonymity.
Thank you.
You wouldn't want to accept CANN unless you owned a large percentage of it.
It's an easy concept to copy. I would assume many coins will be coming out soon. Probably with bigger dispensary chains.
I think the long term idea for delta9 is to own a massive 1000 store national chain of dispensaries.
Alternatively, your dispensary might accept CANN at a different exchange rate... eg., 5 CANN buys 1g of house medical marijuana.
You could also buy cheap CANN now, then sell instore to cash customers to promote the payment method.