*Have A Nug is a registered trademark of Have A Nug, LLC, and is used with permission
Have A Nug, LLC, is an online cannabis gift shop, and the prototype for the HAVEA Gifting Model. As the licensee for the Cannabis Fence Network, they will enjoy the privilege of being the sole provider of a Cannabis IGV. They chose to base their IGV on a cryptocurrency, specifically, our gold collateralized stablecoin IGV system. This allows them to offer some very attractive features on their gift card alternative, namely-
1- It allows them to offer a gift card that may appreciate in value: The $20 card their client purchased may be worth $22 by the time their recipient uses it.
2- It allows them to offer a method for their client to reclaim a gift their recipient forgot about and let expire, by using our proprietary smart contracts.
Have A Nug is currently in the fundraising stage, and is projected to launch later this year.
Fence Information
The total U.S. economic impact generated by regulated marijuana sales is projected to top $112.4 billion in 2024, a 12% increase over 2023
As of January, 2024, there are 15,000 cannabis dispensaries, 13,297 cannabis farms, and 18,000 ancillary cannabis businesses
Cannabis is legal in 24 states, as well as the District of Colombia
Steps For Launch
Have A Nug develops it’s site, App, and POS Plugins. These steps are left to the licensee, to allow the necessary leeway to account for a Fence’s individual needs. In this case, both the App and the Plugin had to exclude users in states that still practiced cannabis prohibition, and they accomplished that with Geo-fence technology.
Have A Nug then builds their fence network, by inviting cannabis dispensaries and paraphernalia manufacturers to download and install the app or POS Plugin, enabling their system to verify and accept the IGV. Manufacturers may begin listing their items in the “Affiliate Merchandise” section, and Dispensaries may be listed in the dispensary section.
Have A Nug runs a campaign to acquire artwork using the HAVEA gifting model outline. This artwork is then used to set up the system for print-on-demand greeting cards, as well as gifting accessories, like bags, boxes, and wrap.
Have A Nug utilizes select artwork to create it’s initial branded merchandise line, as well as its initial Limited Edition Seasonal Collectable piece.
Once these steps are underway, Have A Nug solicits ad space on the site, to its growing network
Have A Nug will also launch offering the HAVEA Gifting model’s “Behind the Counter: Featured Articles” for participating dispensaries
Once these pre-launch steps are complete, Have A Nug will begin to distribute cannabis IGVs.