CanIDeal, Inc. (“CanIDeal”, or the “Company”) is a business-to business e-commerce platform that serves the entire Cannabis industry. CanIDeal is designed to provide all Cannabis market participants, including growers, processors, technology accessory manufacturers, and distributors a legal platform to conduct business across the nation in the 33 states where Cannabis is either medically or recreationally legalized. The Company’s predecessor entity was formed as a limited liability company under the laws of the State of California on February 2, 2016 (the “LLC”). On May 30, 2019, the Company was formed as a corporation in the State of Delaware to be the successor in interest of the LLC. The Company was subsequently merged with the LLC effective June 11, 2019 (the “Merger”). The Company was the surviving entity pursuant to the Merger.
According to a report recently published by Arcview Market Research (“Arcview”) and BDS Analytics, The State of the Legal Cannabis Markets 7th Edition (the “Arcview Report”), legal cannabis spending in 2018 is estimated to have reached $9.8 billion dollars. In the opinion of the Company’s management, the cannabis industry thas not fully taken advantage of the economies of scale offered by digital e-commerce. Any market of this size demands modern digital tools to participate fully in modern business practices. There is currently no fully legal digital Cannabis trading platform available in California that offers the suite of tools that CanIDeal has to offer. The lack of a competitive landscape of Cannabis sector-focused e-commerce trading platforms is a key market opportunity which CanIDeal seeks to exploit.The Problem
Unlike other multi-billion dollar industries, The current dollar Cannabis/ CBD and ancillary items market is extremely fragmented. Moreover, the industry has yet to define brand leaders and established industry product price points. CanIDeal addresses this issue by opening the nation’s first coast-to-coast trading platform for non thc as well as THC-based items offering on a state by state basis. items.
For THC-based product sales, in the opinion of CanIDeal, there currently does not exist an end to end an entirely legal Alibaba or eBay for wholesale cannabis? A key issue is that when the Internet routes packets of information, it sends those packets through the fastest route possible without regard for state or national boundaries. What this means is that if information regarding the sale of large amounts of cannabis is sent in the traditional way, it will routinely cross state lines resulting in exposure to potential legal and regulatory liability for using interstate commerce for such transactions. This problem has prevented the legal cannabis industry from taking advantage of the digital tools and technology of modern business. While digital platforms for wholesale cannabis is an emerging space, management believes that CanIDeal is the only one to offer “packet push”h ring-fenced technology, which ensures to the best of the company’s ability, full compliance with applicable state and Federal regulations.The Solution
CanIDeal solves the not fully legal THC issue by creating a geographic fence for the internet traffic, which keeps the information flow completely inside of state lines. Based on the management team’s research, CanIDeal is currently the only Cannabis digital marketplace offering a service with this specific advantage. While there are a couple of start-up digital Cannabis marketplaces, none offer the safety and security that the geo-fenced CanIDeal provides. By resolving this issue, CanIDeal believes it has removed the risk of punitive regulatory action for which other systems do not provide adequate safeguards
Arcview Market Research projects sales will grow at a compound annual growth rate of 25% through 2021, when the North American market is expected to top $20.2 billion.
CanIDeal intends to provide all cannabis market participants, including growers, processors, technology accessory manufacturers, and distributors a legal platform to conduct intrastate business for specifically within all l, with a planned national roll-out to other jurisdictions on an intrastate basis only where medical and recreational cannabis use becomes legal. If and when cannabis becomes legal for recreational and medical use at the federal level, we expect that our gating software feature may become less essential, but still relevant, especially at the international level. Furthermore, we believe that our trading platform will continue to grow with robust demand as the cannabis industry in the United States and foreign markets grows.The CanIDeal Solution
he CanIDeal team has completed the building of our fully integrated, cloud-hosted, fully secure, decentralized real-time mobile software system for trading all things cannabis. The Company launched operations Q4 2019, under the supervision of Roland Pannekker, the Chairman of the Company’s Board of Advisors. CanIDeal will make the purchase of wholesale Cannabis as easy as using Amazon.com for retailing. Log on to your account, shop, click, pay using a variety of methods including checks, money orders, major credit cards, and the product is delivered to your store. For growers and stores, CanIDeal offers full accounting, reporting, tax information, delivery and security for each transaction.
Problem number two, keeping the flow of information inside of state lines where the sale of Cannabis is legal is resolved by our proprietary “Packet Push” technology. Packet Push technology uses a unique process that allows CanIDeal to keep the entire transaction, and all information surrounding the transaction, encrypted as well as inside of state geographic lines where the sale and transmission of information about the sale are completely legal. CanIDeal uses a combination of standard internet protocols, existing geo-fencing, combined with direct peer technology to route and control the flow of traffic.
CanIDeal is not only beneficial for the users of the system, it is consistent with government policy, since the federal government has provided guidance which demands a “CanIDeal.com” type industry-wide solution.
CanIDeal’s proprietary “Packet Push technology, as well as the tracking and accounting benefits, are specifically recommended by the US Department of Justice as written:
“In jurisdictions that have enacted laws legalizing marijuana in some form and that have also implemented strong and effective regulatory and enforcement systems to control the cultivation, distribution, sale, and possession of marijuana, conduct in compliance with those laws and regulations is less likely to threaten the federal priorities. Indeed, a robust system may affirmatively address those priorities by, for example, implementing effective measures to prevent diversion of marijuana outside of the regulated system and to other states, prohibiting access to marijuana by minors, and replacing an illicit marijuana trade that funds criminal enterprises with a tightly regulated market in which revenues are tracked and accounted for.”
CanIDeal satisfies all of these priorities that are cited here by the US Department of Justice.
"In states where cannabis is legal for medical use, potential cannaboid-based therapeutic application have been identified for more than 40 medical conditions, including arthritis, cancer, chronic pain, epilepsy, glaucoma and HIV/Aids."
The Company is currently managed by seasoned business and sector professionals dedicated to the success of the Company and efficient execution of its planned operations
Founder, President and CEO
Chairman Board of Advisors
Board of Advisors; Finance
VP, Special Tech Development
Board of Advisors; Strategic Development
Board of Advisors; Development
CanIDeal, Inc. (the “Company” or “CanIDeal”), a Delaware corporation, is offering 4,000,000 shares of Class A Common Stock at a price of $1.25 per share. There is no minimum capital requirement and therefore no subscription escrow account. Upon completion of the Offering up to 4,000,000 shares of Class A Common Stock will be issued.
The CanIDeal, Inc. 506(c) Investor Portal provides the opportunity for you to become approved as a “prospect", and learn more about our investment opportunity. You will have:
We will upgrade your account to “Investor” level access, which provides all of the prospect level access and: