CannabisCoin (CANN)

CannabisCoin ranks #264 of 504 cryptocurrencies. On a list that also counts tokens, memecoins, wrapped coins, staked derivatives and stablecoins it appears at #2408: 2144 of the 2407 assets ahead of it are not native coins but tokens or claims. A token is issued on a host blockchain rather than running its own; a claim stands for an asset already counted. Of the 2678 non-native assets CoinSpectrum lists above it by market cap, about 80% are tokens, 17% are claims on other assets and 4% are memecoins.

CoinSpectrum Gradepending — launch under review
Rank among cryptocurrencies#264
Rank counting claims#2408
Market capitalisation$397,515
Price$0.00124
Circulating supply321,124,783 CANN
Maximum supplyno fixed cap
Consensus familyProof of Work
Consensus mechanismX11
Own hashrate—
Network purposePayments
Ledger typeSingle-asset ledger

Market figures from the 28 October 2026 build. Open the live view for every exchange's price, and charts.

CoinSpectrum Grade (Source)

Grade pending. Fewer than six of CannabisCoin's nine network-security points are measured yet. A grade is not given until it is, so that a coin is never rated higher for what is not yet known.

CriterionScoreBasis
Leading Consensus Mechanisms (Source)10group average
Consensus: leader ladder10Proof of work: 10 of 10 on the ladder of consensus families ranked by their largest chain's market cap
Consensus: family ladder10Proof of work: 10 of 10 on the ladder of families ranked by the combined market cap of their chains
Cryptocurrency Standards (Source)7.2group average, 10 of 13 measured
Sound Money Qualities (6 checks)7.34.4 of 6 points source
Scarcity: a fixed cap that holds, and a supply near 21 million4.2no fixed maximum; 321 million in circulation: supply scale 8.4, cap 0
Durability: five years or more with no halt, freeze or reversal✓12 full years since its first recorded price, no halt, freeze or reversal in five years
Fungibility: every unit interchangeable, none the protocol can freeze or set apart✓no authority can freeze, blacklist or set apart a coin
Divisibility: the smallest unit worth a cent or less✓8 decimal places, the smallest unit worth $1.2e-11
Portability: fees of a cent or less and capacity for real demand✗typical fee $0.0000012; about 105 transactions a second (4.8 on the throughput scale; 5 is the busiest networks' median demand)
Verifiability: open-source nodes and checking without a trusted server✓node software open source; light clients verify from headers or proofs
Privacy (5 checks)42 of 5 passed source
Whitepaper privacy: keys are not tied to an identity✓Addresses are hashes of keys users generate themselves; the node checks scripts and signatures, with no identity condition in its consensus rules.
UTXO ledger: a new key for each payment, no account linking every coin✓
Network-level privacy: the node hides where a transaction came from (Dandelion++, Tor or I2P, on by default)✗No Dandelion relay; Tor/onion is an optional -onion/-proxy setting in the Bitcoin-derived node, not on by default.
Hidden amounts (confidential transactions, RingCT, shielded pools, Mimblewimble)✗Transparent transactions: amounts are public on chain.
Hidden sender and receiver (ring signatures or zero-knowledge proofs, one-time or stealth addresses)✗Transparent addresses: sender and receiver are public on chain.
Scalability (fees, throughput, block time, block space, features)7.2average of 3 parts source
Fees ($0.001 or less 10, $1 or more 0)10typical fee $0.0000012
Throughput (2,478 a second, the busiest network's peak day, 10; 119, the median of the ten busiest, 5)4.8about 105 simple transactions a second
Block time (10 minutes 10, less either side)–not yet measured
Block space per 10 minutes (32 MB or more 10)–not yet measured
Features (3 checks)6.72 of 3 passed
Payments safe to accept within seconds✗The chain is not verified to be producing blocks; its Litecoin 0.8-era code would relay first-seen without replace-by-fee.
Pruned nodes: a full node can validate and drop old history✓-prune from its Bitcoin Core 0.13.2 base (feature since 0.11, 2015).
Light clients verify payments from headers or proofs, without a trusted server✓Bitcoin-derived PoW header chain with BIP37 merkleblock and gettxoutproof Merkle proofs, so SPV wallets verify payments (Bitcoin §8).
Security (miner pay and 7 checks)—2 of 3 points, 6 not yet measured source
Miners paid a day ($1,000 0, $10 million or more 10), 2 points–
Its own hashrate: at least half its algorithm's largest, not merge-mined–
Largest pool or validator under 50%–
Largest three under 75%–
More than one maintained client✗0
Node software is open source✓A single founder-led team (Delta9 / cannabiscoindev on GitHub); code under the MIT licence inherited from Bitcoin.
Real on-chain use: 1,000+ transactions a day–
No 51% attack or deep reorganisation in five years✓
Programmability (tokens, contracts, 5 checks)3.33 of 9 points source
Token issuance0No token issuance on the chain itself
Smart contracts: scripting for spending conditions1Bitcoin-derived Script limited to spending conditions; no contract applications.
Multisig and time locks✓CannabisCoin Core 0.13 (Bitcoin Core 0.13 base) carries CHECKMULTISIG, CLTV and a BIP9 CSV deployment (2018-2019 window); CSV activation was not confirmed, CLTV suffices for absolute time locks.
Atomic swaps with other chains✓HTLCs expressible with OP_SHA256/OP_HASH160 and OP_CHECKLOCKTIMEVERIFY.
An exchange built into the protocol✗No exchange in the protocol.
Cross-chain messaging the chain verifies itself✗No protocol-level cross-chain messaging.
Non-fungible tokens✗No token or NFT type in the consensus rules.
Decentralisation8.3section average, 6 of 8 measured
Censorship resistant (Source)10No authority can halt the chain or freeze funds: No protocol freeze key found. source
No central team (Source)0A central team directs it: A single founder-led team (Delta9 / cannabiscoindev on GitHub); code under the MIT licence inherited from Bitcoin. source
Who can mint (Source)10Proof of work: 10 of 10 on the ladder of who produces blocks
Nodes (Source)—Not yet counted
Holder concentration (Source)—Not yet measured
Premine (allocated at launch)9.81.6% of today's supply allocated at launch to founders, a company, a foundation or investors. Block 1 of the X11 chain minted 21,882,000 CANN (GetBlockValue). The developer said this covered a swap for Scrypt-era miners; after a partial burn, about 5M CANN traceable to genesis stayed in a developer wallet 'to fund development and bounties' (Cointelegraph, 27 Oct 2014). 5M / ~321M supply = ~1.6%; counting all of block 1 as insider would give ~6.8%. source
Fundraising10No sale of the coin source
Developer share (after launch)10No developer share: every new coin goes to the miners or validators who produce blocks. GetBlockValue pays the whole subsidy (70 CANN after the fork, halving on a long interval) to the miner; there is no developer output in the code. source
Supply & Demand4.2group average
Supply & Demand (Source)0average of 2 measures
Exchanges (10 or more: 10)0no exchange the site reads trades it
Daily volume ($10K 0, $1B or more 10)–no volume reported
Turnover (volume ÷ market cap, 5% a day: 10)–not measured
Order-book depth (bids and asks within 2% ÷ market cap, 1%: 10)–no order book on the nine exchanges read
Market cap ($1M 0, $10B or more 10)0$398K, 0 on a scale of 2.5 points per tenfold
Paper trading (futures, options and margin ÷ market cap, 0%: 10, 100%: 0)–not measured
Supply (smaller is better)8.4no fixed maximum; 321 million in circulation
Record6.3group average
Record (origin, claims, halts)92 positive, 1 negative source
Positive record
Launched with a stated purpose, not as a joke✓
No halt, freeze or reversal in five years✓
Negative record
Claims by its founders or lead company that contradict its own design✗In October 2014 the developer (Delta9) first denied controlling 13.5M CANN held in 27 genesis-traceable addresses, then said he had found the wallet files and kept about 5M for development; his later statement contradicts the denial (Cointelegraph, 27 Oct 2014).
Age (years since genesis) (Source)1012 full years since 2014-08-02, the first day with a recorded price (genesis not yet researched, so the age can only be understated).
Development (work, improvements, unfixed issues)00 positive, 7 negative source
Negative
Steady work, 0 of 6✗0 commits in 0 of the last 12 months (github.com/cannabiscoindev/cannabiscoin420); Last release v0.13.2 (cannabiscoindev/cannabiscoin420, 2021-04-02). The project site is now a 2026 'preservation project' that 'does not represent current development'.
Unfixed vulnerability, disclosed 2024-07-03, −1✗CVE-2024-52914: crafted orphan transactions can stall the node for hours in the uninterruptible orphan-resolution loop; still in CannabisCoin v0.13.2.
Unfixed vulnerability, disclosed 2024-07-03, −1✗CVE-2020-14198: misbehaving peers are auto-banned into an unbounded ban list, so many attacker addresses can exhaust CPU and memory; still in CannabisCoin v0.13.2.
Unfixed vulnerability, disclosed 2024-07-31, −1✗CVE-2024-52919: addr-message spam can overflow the address manager's 32-bit id counter and crash the node, with no addr rate limit; still in CannabisCoin v0.13.2.
Unfixed vulnerability, disclosed 2024-09-18, −1✗CVE-2019-25220: a long low-difficulty header chain can exhaust memory because the node has no headers pre-synchronisation; still in CannabisCoin v0.13.2.
Unfixed vulnerability, disclosed 2024-10-08, −1✗CVE-2024-35202: a crafted blocktxn message trips the assert in compact-block reconstruction and crashes the node; still in CannabisCoin v0.13.2.
Unfixed vulnerability, disclosed 2026-05-05, −1✗CVE-2024-52911: a crafted invalid block can make script-check threads read freed precomputed transaction data and crash the node; still in CannabisCoin v0.13.2.

Twenty criteria, weighted equally. The Cryptocurrency Standards have six sections: sound money qualities (six checks: scarcity, durability, fungibility, divisibility, portability, verifiability), privacy (five checks), scalability (four measures and three features), security (miner pay and seven checks), programmability (token issuance, smart contracts and five checks) and decentralisation (censorship resistance, no central team, who can mint, nodes, holders, premine, fundraising and developer share). Provisional: criteria marked — are not yet measured and are left out of the average. A rating of structure and market depth, not a price forecast or investment advice. How the grade is built · Highest-graded cryptocurrencies.

Supply

321,124,783 CANN are in circulation, against no fixed cap — issuance has no defined end.

Launch and allocation

Premine (allocated at launch)1.6% of today's supply
Sold by the issuer or insiders0% of today's supply
Developer share received since launch0% of today's supply
Developer share of new coins today0%
FundraisingNo sale and no investor round

Block 1 of the X11 chain minted 21,882,000 CANN (GetBlockValue). The developer said this covered a swap for Scrypt-era miners; after a partial burn, about 5M CANN traceable to genesis stayed in a developer wallet 'to fund development and bounties' (Cointelegraph, 27 Oct 2014). 5M / ~321M supply = ~1.6%; counting all of block 1 as insider would give ~6.8%.

None documented; the retained ~5M CANN was described as a development and bounty fund.

No ICO, presale or sale of the premine is documented.

GetBlockValue pays the whole subsidy (70 CANN after the fork, halving on a long interval) to the miner; there is no developer output in the code.

Launched 20 April 2014 as a Scrypt coin, then hard-forked to X11 (public ANN 23 June 2014). The old Scrypt chain was never published, so the swap amounts cannot be checked. clients is 0 because there has been no release in 24 months. The coin still has a quoted market price, but chain liveness could not be verified.

Sources: github.com · cointelegraph.com · cannabiscoin.net · api.coinpaprika.com · btcc.com. Researched 2026-10-26, low confidence.

The work behind it

No source we can reach publishes a hashrate for CannabisCoin.

What a regulator has said

No SEC/CFTC determination — unclassified.

The regulator's position, reported as stated, not CoinSpectrum's. Assets nobody has ruled on are left unclassified rather than sorted by a guess.

How CoinSpectrum ranks CannabisCoin

CannabisCoin is #264 among cryptocurrencies and #2408 in the market ranking, which lists wrapped coins, staked derivatives, stablecoins and tokens alongside them. CoinSpectrum counts an asset once, and counts only cryptocurrencies: assets with their own blockchain and their own consensus. A wrapped coin, a staked derivative or a stablecoin is a claim on something already counted; a token, memecoin or otherwise, runs on another chain's blocks. All of them are listed, each in its own section, and none is added to the total. The 2144 places between CannabisCoin's two ranks are held by claims and tokens, not by other networks. The methodology sets out the rule and the counting rule argues for it.

The price above is the median of the exchanges the site reads live, checked every minute and cross-checked against a market snapshot (how market data is gathered). The grade is scored on published criteria, each with its source (the method). The site is independent, nothing on it is a paid placement, and its statements are signed (about CoinSpectrum, the manifesto).

Other Proof of Work chains

GRLC GarlicoinXNA NeuraiRXD RadiantSHIC ShibacoinNPT Neptune CashKLS Karlsen