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TruTrace Technologies Inc (OCTMKTS: TTTSF) and Applied DNA Sciences Inc Unite Forces To Convey a Comprehensive Cannabis Creation Authentication Platform

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TruTrace Technologies Inc (OCTMKTS: TTTSF) and Applied DNA Sciences Inc (NASDAQ: APDN) are teaming up to transport a comprehensive cannabis creation corroboration and verification platform. Both businesses plan to accost the cannabis business with their united solution encompassed Applied DNA’s specific platform and TruTrace’s StrainSecure platform. It will be reinforced by connecting the control of branded SaaS platforms, blockchain, and molecular classification skills to fashion a protected network that delivers end-to-end traceability and complete clearness.

The businesses have arrived into a Strategic Coalition, Recommendation, and Skill Incorporation Arrangement that permits each one to familiarize the other into current accounts, forecasts and nurture new combined occasions. The contract also calls for incorporating the companies’ platforms through APIs to interchange data rudiments as part of the complete sequence of care solutions from primary resources to creation on the shelf. There is a shared compensation tower in place as actions are brought virtual.

TruTrace’s blockchain-based SaaS software is planned to pledge product excellence and strain heredities through worldwide source chains. Shielding customers and makes from pollutants and forging is a crucial advantage of the platform under progress.

Practical DNA’s CertainT platform delivers the human classification of cannabis harvests expending a distinctive molecular label to characterize the make and creation. That label is then verified at critical nodules within a national or global supply chain. The complete verification and chain-of-custody data are seized in the CertainT portal — which under the contract will be combined with the TruTrace platform. The molecular label can be smeared to cannabis florae, lards, creams, capsules, nourishments, and wrapping to aid as an unchallengeable pointer of genuineness, source, and attribution.

“We trust there are clear paybacks for teamwork by our two businesses to transport a comprehensive, end-to-end resolution to cannabis businesses,” said Dr. James Hayward, CEO of Applied DNA, in a declaration Tuesday. 

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