Background

The CQKanna project by Kellquin Botanicals on Talana farm in the Western Cape region of South Africa will produce 1.25 Tons of Sceletium per year.

Sceletium is a small succulent ground cover plant native to South Africa that has been used for centuries by indigenous peoples for its mood-enhancing and stress-relieving properties. The plant, also known as Kanna, is a member of the Mesembryanthemaceae family and grows in the arid regions of the country.

The active compounds in Sceletium are mesembrine, mesembrenone, and mesembrenol, which act on the brain's serotonin system. Serotonin is a neurotransmitter responsible for regulating mood, sleep, and appetite, among other functions. By modulating serotonin levels in the brain, Sceletium can help reduce anxiety and depression symptoms, promote relaxation, and improve cognitive function.

Sceletium is fast gaining popularity as a natural supplement for managing anxiety and depression, and its recreational effects are becoming more widely embraced. As more people become interested in natural remedies for mental health issues, the demand for Sceletium is likely to increase - prices have been significantly trending upward in the last few years.

The CQKanna project will supply TOA holders with 10kgs of dried Sceletium every year for 10 years . This Sceletium will have a minimum mesembrine content of 0.6% OR a minimum of 0.9% total alkaloid content.. The TOAs cost $1250 each - this equates to a price of $12.50 per kilo of Sceletium.

Keypoints

• CQKanna TOAs offers the potential to get high quality Sceletium at $20 per/kg a considerable discount from the current wholesale price of $40-$70 per kg


• The TOA can also be sold on should you no longer wish to hold the rights to receive the offtake


• The Sales agent will sell your product and send you money (less commission) should you wish to continue to hold the TOA but not wish to get any sceletium


• Risks of the Producer failing to deliver are mitigated by the role of the Guardian who has a legal contractual relationship with the Producer.


• The Guardian has skin in the game and is the largest holder of TOAs in this project. The Guardian only receives their offtake after all other beneficiaries agree they are happy with their offtake from the harvest.


• There is built in governance (1 TOA = 1 vote) and so all TOA holders will have a voice


• Sceletium is fast gaining popularity as a natural supplement for managing anxiety and depression.


• As more people become interested in natural remedies for mental health issues, the demand for Sceletium is likely to increase.


• Sceletium supply has not been matching demand and prices have been trending upward in the last few years.


• Participating in Sceletium farming via these TOAs can be both profitable and socially and environmentally responsible choice.

Stakeholders

Producer - Kellquin Botanicals
Principals: Lizande Kellerman, Quintus Slabbet, Charl Slabbert, Lynette Slabbert
You may contact Kellquin Botanicals via the Elyseos Telegram group or the Launchpad Channel on the Elyseos Discord

Guardian - Botanical Investment Guardians
Principals: Armand Verschuur, Paul Boulton, Simon Anderson
You may contact B.I.G via the Elyseos Telegram group or the Launchpad Channel on the Elyseos Discord

Rainmaker - Andrew Lawson
You may contact Andrew via the Elyseos Telegram group or the Launchpad Channel on the Elyseos Discord

Sales Agent - The Sceletium Source
Principals: Jean-Pierre Le Roux

www.sceletium.com

Lawyer - Gerhard Swart
You may contact Gerhard via the Elyseos Telegram group or the Launchpad Channel on the Elyseos Discord

Auditor - Mark Solomon
You may contact Mark via the Elyseos Telegram group or the Launchpad Channel on the Elyseos Discord

Local Charity - Net Vir Pret, Barrydale, Western Cape, South Africa

http://www.netvirpret.co.za/

Beneficiary

Guardian

Producer

Rainmaker

Sales Person

Auditor

Lawyer

Local Charity

Risks

This project is a innovative way of applying emerging technologies in a new ways. There are a number of risk factors when it comes to buying these TOAs.

1. Some event happens and the funds never reach the Producer(e.g. the crowdsale is hacked, or the producer has their personal wallet hacked after withdrawal) and so they are unable to start farming.


2. Producer is unreliable and does not apply the investment funds properly according to the laid out plan and so production is low and beneficiaries do not receive the correct amount of Sceletium


3. The Guardian does not correctly manage risk and hold the producer to account


4. The Guardian offtake is insufficient to make up any shortfall from the producer


5. Your personal TOA NFTs get stolen from your wallet


6. The Sales agent is unable to sell Sceletium on your behalf and you have to take delivery

Documents

Here are links to documents of the producer brochure, the charity involved, and the lab reports of the Kanna