Applied DNA Expands Its Cannabis Tagging Portfolio to Address Large Growers
STONY BROOK N.Y. – Applied DNA Sciences Inc. (NASDAQ: APDN) (“Applied DNA” or the “Company”) announced today that it is launching an additional system to tag the industry’s larger volume cannabis or hemp grows as part of TheraCann International’s ETCH Biotrace™ solution. On the heels of its successful showing of its first Cannabis Tagging System (CTS) in July in San Jose at the NCIA Show, Applied DNA is expanding its cannabis tagging offerings to accommodate different sizes and type of growers in the industry. The Company’s laboratory services and in-field testing systems round out the solution to support claims of traceability, quality and intellectual properties surrounding a cannabis brand.
“The tremendous interest that came following the show has really accelerated our expansion of tagging solutions to meet the varied cannabis market conditions, including size of grower, indoor, outdoor or hybrid grow, or even the size of plant(s) that justifies the expansion of our tagging equipment solutions,” said Gordon Hope, Director of Cannabis Business Development at Applied DNA Sciences.
The Company’s new design will scale in increments for larger grow operations, enabling these growers an efficient way to tag their cannabis or hemp. The scalable concept utilizes a grow facility’s dry or staging room(s) which can easily be fitted with moveable and expandable POD tagging systems depending upon the size of the room. The cannabis or hemp present in the room for staging or drying can quickly be tagged without slowing down operations during harvest.
Jason Warnock, CEO of TheraCann International stated, “The expanded portfolio supports and enhances the ETCH Biotrace brand and strategy to offer a comprehensive end-to-end solution to tag, test and track from source to retail shelf.”
ETCH Biotrace combines molecular tagging with TheraCann’s portfolio of licensing, project management, security, cultivation and analysis services.
The Company plans to showcase both the existing CTS design as well as the new POD configuration solution at the upcoming MJBIZCon conference in Las Vegas during the week of November 12, 2018.
Applied DNA is a provider of molecular technologies that enable supply chain security, anti-counterfeiting and anti-theft technology, product genotyping and DNA mass production for diagnostics and therapeutics.
Applied DNA makes life real and safe by providing innovative, molecular-based technology solutions and services that can help protect products, brands, entire supply chains, and intellectual property of companies, governments and consumers from theft, counterfeiting, fraud and diversion. The proprietary DNA-molecular based “CertainT®” platform can be used to identify, tag, test, and track products, to help assure authenticity, origin, traceability, sustainability and quality of products. SigNature® DNA describes the core technology ingredient that is at the heart of a family of uncopyable, security and authentication solutions such as SigNature® T and fiberTyping®, targeted toward textiles and apparel, BackTrac™ and DNAnet®, for anti-theft and loss prevention, and digitalDNA®, providing powerful track-and-trace. All provide a forensic chain of evidence and can be used to prosecute perpetrators. Applied DNA Sciences is also engaged in the large-scale production of specific DNA sequences using the polymerase chain reaction.
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Common stock listed on NASDAQ under the symbol APDN, and warrants are listed under the symbol APDNW.
