Adam Holub
New member
Monthly Updates:
CannTrade Pre-Proposal Document:
https://docs.google.com/document/d/1hBZxTMyBb3ylyaL0ZLyU0jFWzcgS8jczRehZifKSpEQ/edit?usp=sharing
CannTrade Pre-Proposal
CannTrade, California’s premier cannabis specific B2B marketplace & CRM has partnered with Alt Thirty Six to deliver the first truly comprehensive and expedient banking & digital payment solution to the cannabis industry. Our goal is to establish Dash as the go-to currency for the fastest growing industry in the world.
If approved, this proposal would help fund:
CannTrade has signed an exclusivity agreement with the Dash Core team to ensure Dash is the only digital currency available on the CannTrade platform for a 36 month time period.
We hope this proposal will clearly communicate who we are, what we’ve already created, and what our roadmap for the future holds with regards to this project. We welcome questions, comments, and concerns, and look forward to hearing from and conversing with the Dash community.
Our Company:
CannTrade is a technology platform that facilitates transactions between all businesses along the cannabis distribution chain, as well as linking in the ancillary and 3rd party services needed to support the burgeoning industry. The CannTrade platform is comprised of three pillars:
Since our controlled beta release in late April, CannTrade has captured over 320 verified businesses in CA and AZ. Our clients include genetics companies, cultivators, manufacturers, distributors, brands, and dispensaries.
We plan to expand to and establish a strong presence in all states with viable cannabis regulation within 18 months.
Our website is www.canntrade.com. You can read about my fellow co-founders and I below, at the bottom of this document.
Problems CannTrade Solves
There are several challenges and pitfalls facing cannabis businesses that make the industry fairly unique. First, it is the only large industry that does not have the simple ability to order online at a wholesale level. Orders for many businesses come in through a host of mediums, most often via text, but also through phone calls, emails, spreadsheets, chat, and even instagram comments or direct messages; because of this decentralized approach, many orders are lost or delayed.
Second, without the means to properly track transactions and manage teams, product is misplaced, cash disappears, faulty products go unreturned, and business is lost. It’s not uncommon even for highly profitable businesses to report consistent shrinkage figures of $30-40 thousand per quarter. Or higher.
Not only does CannTrade provide an efficient way to order and reorder products online, the platform supplies powerful ways to track and manage orders and teams. The order process is centralized, inventory is controlled, and businesses have a secure solution to manage their entire wholesale process. The CannTrade platform is FREE to use for cannabis retail businesses, so dispensaries can claim their account and utilize the full feature set without paying a dime.
Growing cannabis brands struggle to adopt CRM solutions that are not tailored for their industry. Most CRM’s are based around email communication and designed for sales reps that spend ample time in front of their computers. This is not how the cannabis industry works. In cannabis, email is one of the least frequently used methods of communication, and reps are on the move, tethered to their phones. Most are rarely, if ever, behind a computer screen.
CannTrade’s CRM is built specifically for the cannabis industry and designed for reps that are mobile, in and out of warehouses, dispensaries, and grows, and often behind the wheel. The streamlined functionality is intuitive and easy to learn, and is uniquely tied directly into inventory and the marketplace, so purchases, orders, account and client management, and reports are all in one place. Our CRM makes the lives of reps easier, saves them time, and makes them more effective at their job. On top of this, sales and account data provides sales managers and administrators the reports they need to make educated business decisions.
But the consensus on the largest problem facing the cannabis industry is the lack of banking and the inability for businesses to transact using digital payments. This problem is one that CannTrade would love to tackle for our growing list of clients, but is one we are not equipped to handle on our own.
Over the last several months, we have met with over 20 businesses claiming to have a solution to bring cashless payments to cannabis through the CannTrade platform, and by far, 36 + Dash have the most compelling product, team, and roadmap. Together, they simply had better answers to the barrier of entry and barrier of use questions that we presented, than anyone else. And they also had a timeline that was further along. We believe, that together, we can make a big splash to everyone’s benefit.
Partnership with Alt Thirty Six
CannTrade has partnered closely with Alt Thirty Six to design the roadmap and begin the groundwork to ensure the cannabis industry adopts DASH as its currency of choice.
For those that are not familiar, Alt Thirty Six is a financial technology company specializing in data intelligence and digital payments. They continue to work closely with the Dash Core team to develop and implement elegant solutions to the barriers of entry for the adoption of digital payments, specifically in the cannabis industry.
CannTrade’s close partnership with Alt Thirty Six will establish our platform as the first to offer a legitimate digital payment solution to cannabis businesses that, up to now, are still dealing exclusively in cash.
Not only do we improve the chances of capturing dispensaries and offer the CannTrade platform for FREE for cannabis retailers (Alt Thirty Six’s main vertical), CannTrade also delivers the keys to the rest of the cannabis business kingdom, expanding the target users beyond dispensaries and patients to now include genetics companies, cultivators, manufacturers, edible companies, brands, and distribution companies. With CannTrade’s ability to offer value to all businesses along the distribution chain, Dash + Alt Thirty Six can be part of a more holistic approach, where there are several possible entry-points to make inroads to adoption of Dash.
Being able to offer a digital payment solution and banking services, not only to dispensaries, but to the entire cannabis business community simultaneously, is a game changer.
We are convinced that the CannTrade +Alt Thirty Six co-developed platform using Dash will be the first and best solution to do just that.
Here are the links to Alt Thirty Six’s previous proposals:
Here is the link to Alt Thirty Six’s current proposals, which include:
Expanding With CannTrade
As mentioned above, with our value propositions and reach into the B2B realm, we aim to expand the reach of Alt Thirty Six’s solution from solely retail sales at dispensaries, to be able to capture all transactions from the beginning of the distribution chain to the end. There are millions of B2B wholesale and B2B retail transactions that happen every month in the state of California alone. Greater Los Angeles, CannTrade’s back yard and primary region of focus, accounted for nearly 1 billion in retail sales last year by itself.
- October Update - 10/31/17 https://docs.google.com/document/d/14wcIWbR5cRBg9qZ48M9oASqeXlq44OMupHC6_Q34kjE/edit?usp=sharing
CannTrade Pre-Proposal Document:
https://docs.google.com/document/d/1hBZxTMyBb3ylyaL0ZLyU0jFWzcgS8jczRehZifKSpEQ/edit?usp=sharing
CannTrade Pre-Proposal
CannTrade, California’s premier cannabis specific B2B marketplace & CRM has partnered with Alt Thirty Six to deliver the first truly comprehensive and expedient banking & digital payment solution to the cannabis industry. Our goal is to establish Dash as the go-to currency for the fastest growing industry in the world.
If approved, this proposal would help fund:
- Continued development, quality assurance, and launch of Dash specific features on the CannTrade Platform + Multi-Level Integration with the 36 + Dash driven payment solution
- Marketing & Education Campaigns to promote user adoption of Dash in the B2B wholesale, B2B retail, and B2C cannabis markets.
CannTrade has signed an exclusivity agreement with the Dash Core team to ensure Dash is the only digital currency available on the CannTrade platform for a 36 month time period.
We hope this proposal will clearly communicate who we are, what we’ve already created, and what our roadmap for the future holds with regards to this project. We welcome questions, comments, and concerns, and look forward to hearing from and conversing with the Dash community.
Our Company:
CannTrade is a technology platform that facilitates transactions between all businesses along the cannabis distribution chain, as well as linking in the ancillary and 3rd party services needed to support the burgeoning industry. The CannTrade platform is comprised of three pillars:
- A legally compliant online B2B cannabis marketplace
- A cannabis specific CRM that empowers businesses to manage their accounts and drive sales
- A growing database of businesses, wholesale data, and lead generation tools.
Since our controlled beta release in late April, CannTrade has captured over 320 verified businesses in CA and AZ. Our clients include genetics companies, cultivators, manufacturers, distributors, brands, and dispensaries.
We plan to expand to and establish a strong presence in all states with viable cannabis regulation within 18 months.
Our website is www.canntrade.com. You can read about my fellow co-founders and I below, at the bottom of this document.
Problems CannTrade Solves
There are several challenges and pitfalls facing cannabis businesses that make the industry fairly unique. First, it is the only large industry that does not have the simple ability to order online at a wholesale level. Orders for many businesses come in through a host of mediums, most often via text, but also through phone calls, emails, spreadsheets, chat, and even instagram comments or direct messages; because of this decentralized approach, many orders are lost or delayed.
Second, without the means to properly track transactions and manage teams, product is misplaced, cash disappears, faulty products go unreturned, and business is lost. It’s not uncommon even for highly profitable businesses to report consistent shrinkage figures of $30-40 thousand per quarter. Or higher.
Not only does CannTrade provide an efficient way to order and reorder products online, the platform supplies powerful ways to track and manage orders and teams. The order process is centralized, inventory is controlled, and businesses have a secure solution to manage their entire wholesale process. The CannTrade platform is FREE to use for cannabis retail businesses, so dispensaries can claim their account and utilize the full feature set without paying a dime.
Growing cannabis brands struggle to adopt CRM solutions that are not tailored for their industry. Most CRM’s are based around email communication and designed for sales reps that spend ample time in front of their computers. This is not how the cannabis industry works. In cannabis, email is one of the least frequently used methods of communication, and reps are on the move, tethered to their phones. Most are rarely, if ever, behind a computer screen.
CannTrade’s CRM is built specifically for the cannabis industry and designed for reps that are mobile, in and out of warehouses, dispensaries, and grows, and often behind the wheel. The streamlined functionality is intuitive and easy to learn, and is uniquely tied directly into inventory and the marketplace, so purchases, orders, account and client management, and reports are all in one place. Our CRM makes the lives of reps easier, saves them time, and makes them more effective at their job. On top of this, sales and account data provides sales managers and administrators the reports they need to make educated business decisions.
But the consensus on the largest problem facing the cannabis industry is the lack of banking and the inability for businesses to transact using digital payments. This problem is one that CannTrade would love to tackle for our growing list of clients, but is one we are not equipped to handle on our own.
Over the last several months, we have met with over 20 businesses claiming to have a solution to bring cashless payments to cannabis through the CannTrade platform, and by far, 36 + Dash have the most compelling product, team, and roadmap. Together, they simply had better answers to the barrier of entry and barrier of use questions that we presented, than anyone else. And they also had a timeline that was further along. We believe, that together, we can make a big splash to everyone’s benefit.
Partnership with Alt Thirty Six
CannTrade has partnered closely with Alt Thirty Six to design the roadmap and begin the groundwork to ensure the cannabis industry adopts DASH as its currency of choice.
For those that are not familiar, Alt Thirty Six is a financial technology company specializing in data intelligence and digital payments. They continue to work closely with the Dash Core team to develop and implement elegant solutions to the barriers of entry for the adoption of digital payments, specifically in the cannabis industry.
CannTrade’s close partnership with Alt Thirty Six will establish our platform as the first to offer a legitimate digital payment solution to cannabis businesses that, up to now, are still dealing exclusively in cash.
Not only do we improve the chances of capturing dispensaries and offer the CannTrade platform for FREE for cannabis retailers (Alt Thirty Six’s main vertical), CannTrade also delivers the keys to the rest of the cannabis business kingdom, expanding the target users beyond dispensaries and patients to now include genetics companies, cultivators, manufacturers, edible companies, brands, and distribution companies. With CannTrade’s ability to offer value to all businesses along the distribution chain, Dash + Alt Thirty Six can be part of a more holistic approach, where there are several possible entry-points to make inroads to adoption of Dash.
Being able to offer a digital payment solution and banking services, not only to dispensaries, but to the entire cannabis business community simultaneously, is a game changer.
We are convinced that the CannTrade +Alt Thirty Six co-developed platform using Dash will be the first and best solution to do just that.
Here are the links to Alt Thirty Six’s previous proposals:
Here is the link to Alt Thirty Six’s current proposals, which include:
- Pre-Proposal: Alt Thirty Six + Dash ATM network
- Pre-Proposal: Alt Thirty Six + Dash sponsorships and marketing
Expanding With CannTrade
As mentioned above, with our value propositions and reach into the B2B realm, we aim to expand the reach of Alt Thirty Six’s solution from solely retail sales at dispensaries, to be able to capture all transactions from the beginning of the distribution chain to the end. There are millions of B2B wholesale and B2B retail transactions that happen every month in the state of California alone. Greater Los Angeles, CannTrade’s back yard and primary region of focus, accounted for nearly 1 billion in retail sales last year by itself.
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. Putting a marketplace together really involves building an ecosystem from scratch. You need enough sellers and products on the system to make it viable for buyers to come in, and enough buyers on the system to make the trading happen. We've learned from others' mistakes (even in this industry) that simply building a marketplace, even a high functioning, feature rich, sleek one (like ours is) is not enough. You need an angle. You need to have a plan and means to provide value to businesses and generate a base of users BEFORE you can expect mass adoption and two way transactions to take place on a meaningful scale. 
