CannaCor (Pty) Ltd

1.CULTIVATION LIFE CYCLE MANAGEMENT

The cannabis industry requires a technology infrastructure to support and improve the multistage cultivation process of cannabis. Blockchain Corporation has identified three major areas which need to be addressed.

- Process and cost analysis

A process will be implemented to track all nutrients and materials used for growing a cannabis crop to calculate the cost per gram by plant, batch and strain.

 - Genealogy tracking and optimization

This system will help CannaCor keep a record of a strong, diverse genetic portfolio, which will track the genealogy of each plant and create new hybrids based on cultivators’ preferences.

- Product quality and consistency

Currently cultivators struggle to produce a harvest of consistent quantity and quality by following repeated processes. In order to improve this aspect of cultivation, our system will track a batch and capture all information pertaining to its genealogy, exact amount of water and nutrients used, the precise pH, temperature and humidity at each stage of the batch’s cultivation process.

2.SUPPLY CHAIN MANAGEMENT

Blockchain Corporation will create a network of processes that moves the product along from the suppliers of raw materials to the organizations which deal directly with users. The three major steps in the supply chain blockchain process are as follows:

- Decentralized data record

Blockchain technology provides the utmost transparency in the decentralized recording of data. It ensures the supply chain record is secure, transparent, verifiable and immutable.

- Packaging

By integrating blockchain technology into packaging, the CannaCor team and its affiliates (retailers, shop owners, etc.) will be able to track the precise real-world movement of their cannabis inventory on an individual shipment basis. When a product is scanned, no data needs to be entered. It is all covered by the back-end software, eliminating the need for training staff to operate the system.

 - QR code scanning

The company will make use of tracking technology which can communicate with modern smartphones, making implementation of this system simple for producers, retailers and consumers alike.