Applied DNA Sciences (APDN) and TruTrace Technologies (TruTrace) are cooperating to create a platform that offers end-to-end traceability and transparency within the cannabis industry.
Their integrated solution combines TruTrace’s blockchain-based SaaS (software as a service), StrainSecure, with APDN’s molecular tagging system, CertainT, to deliver a secure platform that will increase supply chain visibility.
TruTrace’s software is currently used throughout global supply chains to guarantee product authenticity and protect companies from contaminated or counterfeit cannabis.
Meanwhile, APDN’s system tags cannabis products with a unique molecular tag that allows each product to be individually identified at different stages of the supply chain. This tag can be used with cannabis plants, oils, lotions, tablets, edibles, and packaging to guarantee authenticity and place of origin.
Using these two platforms together, TruTrace and APDN have entered into what they described in their recent press release as ‘a strategic alliance, referral, and technology integration agreement’ that will promote the cultivation of new joint opportunities for both companies.
“We believe there are clear benefits for collaboration by our two companies to deliver a complete, end-to-end solution to cannabis companies,’ said Dr James Hayward, CEO of Applied DNA Sciences. ‘We believe our combined solution will protect our clients’ brands and IP while also assuring the consumers use authentic and safe products.”
TruTrace CEO Robert Galarza stated that the partnership will bring a new and unique set of standards to the cannabis marketplace that ‘promotes genetic traceability from genome to sale’ in an interview with Proactive on the alliance.
“CertainT is the perfect technology complement to our platform — providing that extra level of true transparency and traceability the industry needs as we enter the next phase of legalised cannabis across the globe,” Galarza added.
Photo by David Gabrić on Unsplash
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Credit: Blockchain News