True cannabis weed pot coin
for usage at select retail locations
420 ERRL coin will be accepted at select retail cannabis locations in Canada. 420 ERRL coin provides anonymity, will be used exclusively. There is a demand for a true Cannabis coin, and that coin will be 420 ERRL coin.
WHY 420 ERRL COIN AS INVESTMENT?
We start with the investment presentation first to project the potential growth in the value of the 420 ERRL coin once listed.
From the statistics gathered and listed below based on the retail cannabis model in Canada, the daily revenue generated in sales of the legal cannabis at outlets will be 100% converted to 420 ERRL Coin, meaning, that the offer price of the 420 ERRL Coin on exchange will be the price the Canadian cash is exchanged at.
As revenues should approximate $400,000 daily per retail outlet, if the full 600 billion ico is complete, the 300 billion float of 420 ERRL Coin will be acquired to convert the revenues into 420 ERRL Coin.
The model of the 420 ERRL Coin is that customers arrive with cash, for anonymity reasons, or credit or debit card, and the transaction is first converted to 420 ERRL Coin then the 420 ERRL Coin is converted to the cannabis choice of the customer. This level of transaction is to avoid possible non acceptance of the cash sales from legal retail cannabis outlets by Canadian banks. The banks may refuse cash revenue from legal cannabis outlets due to the fact the USA federally does not acknowledge the Cannabis is legal even though several States have approved Cannabis for public use. The USA has refused entry to businessman who have appeared as investors in legal Cannabis operations based in Canada. The 420 ERRL Coin also will appreciate in value as more retailers not owned by 420 ERRL Coin accept the coin as true cannabis coin for transactions in Canada and the world.
HERE IS HOW IT WORKS:
Arrive at Cannabis retail location with cash.
Don't have cash? Use the in store ATM with different retailer name!
In store, next go to the exchange center.
The exchange center will have live monitor feed of the bid and offer of the 420 ERRL coin, PLUS will list the price of Cannabis in store in Canadian funds.
Your Canadian cash is exchanged for the 420 ERRL coin for immediate in store use.
IF the price of Cannabis is $6/gram, your converted cash will be in 420 ERRL coin, but on that day, the 420 ERRL coin exchanged will still purchase the equivalent Canadian dollar value of Cannabis. HOWEVER THE 420 ERRL coin will have fluctuated daily, perhaps hourly, from initial ICO of $0.005 canadian. At the initial ICO value, the 30 gram limit of $180 canadian, would total 36,000 ERRL coins, however as daily sales increase and ERRL coin is purchased on the offer through the Etheruem.org site, the price of ERRL will rise. If the ERRL coin equivalent rises to $1.00 canadian, only 180 ERRL coins are issued to the purchaser, which on the day will still purchase the $180 canadian equivalent of Cannabis!
WHY USE THE ERRL COIN?
Well with a cash purchase of the ERRL coin at the exchange center in the Cannabis retail store you remain anonymous. Your ID is checked at entrance to ensure age limit requirement is met, and then a check of your id on purchase of ERRL coin is all that is required. No copies, or pictures or recording of your name is made. That means clients will be anonymous to everyone as no individual record is kept!
WHY IS NO INDIVIDUAL RECORD KEPT?
Because, under Canada's Laws, only 1 ounce per day per purchaser or 32 grams per day per purchaser is allowed. At an average price of $6 per gram, that is well less than the required $3,000 per day required reporting amount to FINTRAC.
HOW MANY CUSTOMERS EXPECTED PER DAY?
Research suggests two scenarios at the lower end scale.
One scenario is that similar to STARBUCKS franchises, that at least 2,500 CUSTOMERS are expected daily, and if the limit of $180 per day average per customer to be met this would be over Canadian $450,000 daily in sales. (other higher end Cannabis strains will be higher priced-but it is doubtful that prices will be over the $100 per gram that would require records kept). If the maximum eight retail locations are established, the daily sales should average 8 x $450,000, or $3.6 million daily.
The other scenario is based on statistics released in Vancouver Canada in 2015. Cannabis Retailers in that survey, being societies servicing clients with registered prescriptions (non-Anonymous) suggested that 3,400 clients per day purchasing the 32 gram average, being the $180/ounce/day purchase. This was obtained from the 240 pounds per day in Cannabis sold by all retailers. This was from customers who actually went to a doctor to get a prescription then placed the prescription with a dispensary that was legal, this total does not include illegal sales. This scenario would see $612,000 per day in sales volume, with eight retailers that would total $4.896 million in daily sales, meaning that same dolalr value exchanged for 420 ERRL COIN.
This daily sales volume would be the conversion total value to ERRL Coins.
Each retail outlet added in other areas of Canada, will add to the daily sales volume.
IS THERE GROWTH POTENTIAL?
If the sales and marketing team is successful, the team should add additional retailers to the 420 ERRL coin network. The features of anonymity, use and supply will be the main reason other retailers will join the network. If the other retailers do not offer anonymity, then greater sales volume at 420 ERRL coin retail outlets will transpire.
420 ERRL COIN cash reserves will be utilized to acquire more cannabis retailers and partner businesses that will also utilize the 420 ERRL COIN.
WELL, HOW MUCH ERRL PER DAY WILL BE TRANSACTED?
If the 2500 daily customers at $180/day per customer is met, that would total daily transactions of Canadian $450,000. With ERRL coin purchased via the Ethereum.org platform daily, the Ethereum.org quotation of ERRL will increase, or it may be shorted but there will be a true market for 420 ERRL coin.
With the eight retailers then over $3.6 million in daily sales will occur, if an additional 20 retailers are acquired across Canada, the daily sales will be $72 million. The $72 million will be total canadian dollars converted to 420 ERRL COIN. At that point, 2 days of exchange would be the exchange of all 420 ERRL COIN issued at the maximum ICO offering of 300 billion coins value. These projections are based on statistics from 2015 Vancouver study of legal cannabis dispensaries and Deliotte 2018 survey of projections in legal cannabis market in Canada.
WHAT OTHER INDUCEMENTS FOR OTHER RETAILERS TO USE THE 420 ERRL COIN?
Cannabis Retail location users will also receive discounts with other retailers involved in other retail sectors.
Remain anonymous by using the 420 ERRL coin.
The exchange center gives you an instant quote for the 420 ERRL coin on ETHEREUM.ORG.
Use the coin to purchase your cannabis.
420 ERRL coin sales and marketing team will market for usage of the 420 ERRL coin at other retail locations in Canada.
420 ERRL coin also owns land in ITALY with applications to be made for Legal cultivation of Hemp and Cannabis as a producer, and land for processing facility, subject to permits and licences issued to 420 ERRL coin.
ICO LIVE- ERRL address-
-1 ETH= 700,000 ERRL COINS AND 0.35ETH
-600 BILLION ERRL COINS Maximum
-1 TRILLION ERRL COINS SUPPLY
BUY TOKEN ADDRESS IS: 0x8890be715f928e89382a7b11d48d48d1a67ec7e8