CBD is a Utility Token based on Ethereum technology, it is backed by medicinal cannabis extract. The market value of cannabis extract is USD 12 per milliliter. Each Token will have a value of 0.60 USD, which can be used to access to different products that will be offered by the Blockcannan ecosystem. The Blockcannan token will be used to trade with the company's products and thus ensure an exchange of a commodity for the CBD Token.
Blockcannan is currently building a land usufruct platform through smart contracts on Blockchain technology for land leasing, where the peasant, the small agricultural producer or a third party can be linked at any point in the cannabis production and marketing chain medicinal, derivatives and agricultural products making its land available for exploitation through the company's DApp (Decentralized Application) This advance has a direct impact on the agricultural economy by providing substantial improvements in the profits of crops in the different farms, and in turn, promotes the generation of employment of between 15 to 25 people per hectare.
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