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#Blockchain, #Technology All projects

CannAvenue: Blockchain and AI for the Cannabis Industry

Welcome to the Аuture of the Cannabis Industry

stage Ended crowdsale


  • Employees9



Peter Greco

Founder & CEO

Sean Shafer

Chief Technology Officer

Gaurav Areng Chakraverti

Chief Marketing Officer

Jamie Firsten

Legal Counsel

Genelle Keswick

Brand & Marketing Specialist

Umesh Chawla


Aaron Edgar

Legal Counsel & Patent Agent

Mac Killoran

COA, CA, Tax Advisor

Byron Baker

Full-Stack Developer

Crowdsale details

Distribution of tokens
  • Crowdsale (75%)
  • Team & Advisors (10%)
  • Operations & Reserve (10%)
  • Promotions (1.5%)
  • Exchanges & Partnerships (2%)
  • Charity (1.5%)
Budget allocation
  • IT (35%)
  • Marketing (30%)
  • Working Capital (20%)
  • Legal & Security (8%)
  • Post-ICO Immediate Expense (7%)
Details Indicators
Token Symbol CANA
Pre-crowdsale Start August 15th, 00:00 GMT+03:00
Pre-crowdsale End September 30th, 00:00 GMT+03:00
Crowdsale Start October 1st, 00:00 GMT+03:00
Crowdsale End Hard cap is reached or October 20th, 00:00 GMT+03:00
Crowdsale Hard Cap Fixed, $250000000
Crowdsale Soft Cap Yes, $12000000
Token type utility token
Domain owner Individual

Cost of the token

1 token for 0.00014 eth

Price without discounts

Discounts and Bonuses

Discount Dates Minimum purchase amount
40% August 15 — September 30, 2018
Discount Dates Minimum purchase amount
15% October 01 — 20, 2018

Accepted currency

  • Bitcoin
  • Ethereum
  • Litecoin
  • Fiat

Rate the project

Estimate the project on a five-point scale or switch to the simple scale

Five-point scale Simple scale

Relevance of the problem and Market size

1 2 3 4 5

Product competitiveness

1 2 3 4 5

Founders, Team & Advisors

1 2 3 4 5

Budget allocation and roadmap

1 2 3 4 5

Token economy, Tokenization & Business model

1 2 3 4 5

Distribution & Lock up of tokens, Discounts for early buyers

1 2 3 4 5

Summary rate the project

1 2 3 4 5


Frequently Asked Questions

What’s stopping current and new players from adopting your pricing strategy?

Existing players have built their company around a paid pricing model. They will need to reduce their current revenue by 90% to compete. That’s extremely difficult to do and will take several months or years adapt. During that time, we’ll be capturing market share.
New players will have to play catch up. It’s important to note that there is a cost and risk associated to changing providers. It’s expected that this, as well as our incentive program and diverse portfolio of products, will control churn.

Can tell us what your technical advantage is?

Due to a patent pending, we can’t get too specific. What we can tell you is that our software will be cloud-based. It will be built on the blockchain to the highest security standard available. Our AI integration will maximize sales for businesses and improve cannabis accessibility for consumers.

What makes you think companies will want you use your platform?

All LP’s and retailers are required to use a seed-to-sale inventory management software to track the lifecycle of the products to ensure they don’t end up on the black market. That software costs roughly $5000-$10,000 upfront and about $50,000 per year. We’re offering that software completely free. This will attract companies to our software. The trading platform will be fully integrated and extremely easy to use. Not only will our clients be saving money to use our software, they’ll have a stage that enables them to sell their products efficiently as well.

How will you make money?

Business users of the e-commerce trading platform will have the option of a monthly subscription fee or a pay-per-use transaction fee to accommodate their sales activities.
We will also offer ad space on the platform for buyers and sellers to market their products

What sets you apart from your competitors?

Most of our competitors today haven’t built their inventory management systems on the blockchain. This greatly improves the sustainability for accurate information. The industry is still in its infancy as well as the regulations that are expected to guide it. As more governments continue to adopt cannabis for medical and recreational purposes, they’ll need solutions that provide this level of security, transparency, traceability, and control.
Most of our competitors don’t offer a cryptocurrency that can be realistically used in for everyday purchases. It’s our belief that the execution of targeted incentives will stimulate the use of our currency, achieve adoption for daily use of it and therefore create stickiness to our ecosystem.

What have you completed so far?

We’ve started developing the framework of the ecosystem.

What will you do to ensure sustainable success?

We feel that our ecosystem will address the needs of all stakeholders and therefore become a necessity for the industry. Our B2B trading platform will enable LP’s, distributors and retailers to increase revenue and create strategic alliances. Our mobile app will enable secure ease of access for medical and recreational consumers to the products they need.

Can you tell me about your team members?

Our team consists of marketing and ICO experts, software development experts, business/securities and patent legal experts, a taxation expert, cannabis industry consultants and a licensed producer of cannabis.