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Podcast Episode 4 Lifting the Fog

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Podcast Episode 4 Lifting the Fog

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The apparel industry has become more aware of the need for responsible business practices and how processes affect the planet and its people. But as companies move toward more sustainable practices, more and more are recognizing that to reach their goals they need great visibility into the supply chain. That’s where traceability comes in. And beyond these social and environmental benefits, traceability also can have an economic impact on businesses as they attempt to track and verify premium inputs; eliminate waste, overruns and out of stocks; and deliver on consumer expectations.

For Applied DNA, ETCH Biotrace May Be A Pot Of Gold

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Harvest boon: A new Applied DNA tracking system designed to secure legal-marijuana supply chains comes just as the international cannabis market is booming.

JULY 24, 2018 

By GREGORY ZELLER

Just six months after announcing a partnership to develop a new molecular-tracking system, a Long Island biotech and a Canadian medical-marijuana supplier are launching the world’s first cannabis tagging system.

Stony Brook-based supply-chain, anti-counterfeiting, anti-theft and product-authentication specialist Applied DNA Sciences and Calgary-based pharmaceutical-solutions provider TheraCann International Benchmark Corp. on Tuesday announced the launch of ETCH Biotrace, which leverages Applied DNA’s CertainT platform to tag, test and track cannabis plants “in commercial harvests of any scale,” according to the Stony Brook biotech.

APDN, TheraCann to Introduce Cannabis Tagging System at NCIA Summit & Expo

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Debut of patent-pending device for production tagging by growers of mature plants

STONY BROOK N.Y., July 24, 2018Applied DNA Sciences, Inc., (NASDAQ: APDN), the leader in DNA-based authentication, in conjunction with TheraCann International (TheraCann) will launch the cannabis industry’s first cannabis tagging system (CTS) using Applied DNA’s CertainT® platform of tag, test and track. The device is designed to rapidly molecularly tag cannabis plants in commercial harvests of any scale. Once the molecular tag is applied, the plants and their derivative products can be forensically tracked through every stage of the supply chain all the way to the consumer.

The integrated solution being offered by Applied DNA and TheraCann, called ETCH Biotrace, is uniquely positioned at a very critical time in the maturation of the cannabis industry. Legal cannabis markets for medicinal and recreational use have enjoyed rapid development globally, paced by Uruguay, Canada, the Netherlands and Australia, all of which have legalized the export of medical cannabis. More recently, in North America, Canada is set to legalize recreational cannabis in October 2018, joining 9 U.S. states and Washington D.C., and 29 additional US states that have legalized cannabis for medicinal use.

Gordon Hope, Director of Cannabis Business Development of Applied DNA, said, “Combining our mature tagging expertise with the new seed-to-sale solution by TheraCann enhanced with ETCH Biotrace, provides for the first time, true transparency across the entire cannabis supply chain, from cultivator to processor and dispensary.”

The CTS is designed to tag plants directly during harvest. All the data associated with the tagging process will flow through Applied DNA’s and TheraCann’s integrated platform and will be presented to the appropriate stakeholders through dashboards and detailed reporting. Early testing has shown that Applied DNA’s tag will survive processing and can also be detected in cannabis derivative products such as cannabis oils, Rick Simpson oil, budder, and shatter.

Dr. James Hayward, president and CEO of Applied DNA, said, “As adoption of legal cannabis legislation gains momentum globally, having the capability to track cannabis supply chains from seed-to-sale can assure stakeholders of compliance with regulatory and legal requirements. By tagging the physical plant, we enable cultivators, processors and dispensaries to proactively authenticate their products throughout the supply chain and share that transparency with consumers and state governments.”

The US legal cannabis market reached $7 billion by 2016 and is expected to top $50 billion within the next 10 years. Tax benefits to individual states can be significant (over $200 million in Colorado in 2017), but the industry remains a challenge for regulators. (Prohibition Partners, The European Cannabis Report, First Edition, April 2017).

“The global cannabis market is growing at remarkable speed and the commercial ecosystem is becoming increasingly complex. A robust platform like the one we are introducing is required to provide a true end-to-end solution that addresses an ever-expanding global market,” stated Jason Warnock, CEO of TheraCann International.

About TheraCann
Founded in 2004, TheraCann International Benchmark Corporation offers a one-stop, full-service solution for the International cannabis marketplace. TheraCann provides business, technology and industry experts who apply advanced technology to help clients design, build and run their cannabis businesses. With nearly 3.5 million square feet of cannabis operations under management and the successful launch of groundbreaking Enterprise Resource Planning (ERP) software, Aeroponic cultivation systems and patented genetic tracking and diversion prevention systems, TheraCann provides cannabis-related businesses with solutions to fit their regulatory requirements. More information about TheraCann is available at www.theracanncorp.com.

About Applied DNA Sciences
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.

Visit adnas.com for more information. Follow us on Twitter and LinkedIn. Join our mailing list.

Common stock listed on NASDAQ under the symbol APDN, and warrants are listed under the symbol APDNW.

Forward-Looking Statements
The statements made by APDN in this press release may be “forward-looking” in nature within the meaning of the Private Securities Litigation Act of 1995. Forward-looking statements describe APDN’s future plans, projections, strategies and expectations, and are based on assumptions and involve a number of risks and uncertainties, many of which are beyond the control of APDN. Actual results could differ materially from those projected due to our short operating history, limited financial resources, limited market acceptance, shifting enforcement priorities of US federal laws relating to cannabis, market competition and various other factors detailed from time to time in APDN’s SEC reports and filings, including our Annual Report on Form 10-K filed on December 28, 2017, which is available at www.sec.gov. APDN undertakes no obligation to update publicly any forward-looking statements to reflect new information, events or circumstances after the date hereof to reflect the occurrence of unanticipated events, unless otherwise required by law.

Sanjay M. Hurry: LHA Investor Relations, 212-838-3777, shurry@lhai.com
Gordon Hope: Director, Cannabis Markets, 631-240-8850, gordon.hope@adnas.com
Cheryl Schneider: Dian Griesel Int’l, 212-825-3210, cschneider@dgicomm.com

Applied DNA ships $1.15 mn order in Q3FY18

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Applied DNA Sciences, Inc., a provider of molecular technologies, has shipped a $1.15 million order in third quarter of fiscal 2018 ended June 30, 2018 to tag cotton in the upcoming 2018-2019 ginning season. The order for the company’s SigNature platform technology will be used to tag, test and track three US cotton varietals, Pima, Acala and Delta.

“We are pleased that ongoing efforts to build the market for tagged, traceable and sustainable cotton are converting into new orders across all three main US varietals, reflecting recurring use of tagged cotton across the home textile category,” said Dr James A Hayward, president and CEO of Applied DNA. “As brands and retailers continue to deploy strategies and technologies to ensure brand protection, label compliance and consumer assurance, our molecular taggant technology platform is ideally positioned to protect their supply chains by providing assurance of quality and provenance, and helps brands guarantee claims with certainty.”

Applied DNA ships $1.15 million order

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Applied DNA Sciences has received and shipped a US$ 1.15 million order in its fiscal 2018 third quarter that ended on 30 June 2018 to tag cotton in the upcoming 2018/2019 ginning season. The order for the company’s SigNature T platform technology will be used to tag, test and track three US cotton varietals, PimaAcala and Delta.

“We are pleased that ongoing efforts to build the market for tagged, traceable and sustainable cotton are converting into new orders across all three main US varietals, reflecting recurring use of tagged cotton across the home textile category,” said Dr James A. Hayward, President and CEO of Applied DNA.

Consumer Purchasing Decisions Hinge on Quality. Are you Delivering?

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By SJ Guest Editorial

Trying to deliver on what consumers want is often like trying to hit a moving target. Tastes and shopping patterns change almost constantly but one thing that has been consistent is the buying public’s clamor for discounts. But there are signs that even that is beginning to change.

While today’s consumer is cost conscious to be sure, the reality is price isn’t the only—or even the top—concern for many.

When it’s time to choose, a new report reveals that quality often speaks louder than price.

man shops for shoes

Applied DNA Ships $1.15 Million Order in Fiscal 2018 Third Quarter to Tag Initial Cotton Harvest

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STONY BROOK, NY – July 17, 2018. Applied DNA Sciences, Inc. (Nasdaq: APDN) (“Applied DNA” or the ”Company“), today announced that it received and shipped a $1.15 million order in its fiscal 2018 third quarter ended June 30, 2018 to tag cotton in the upcoming 2018/2019 ginning season. The order for the Company’s SigNature T® platform technology will be used to tag, test and track three US cotton varietals, Pima, Acala and Delta.

“We are pleased that ongoing efforts to build the market for tagged, traceable and sustainable cotton are converting into new orders across all three main US varietals, reflecting recurring use of tagged cotton across the home textile category,” said Dr. James A. Hayward, president and CEO of Applied DNA. “As brands and retailers continue to deploy strategies and technologies to ensure brand protection, label compliance and consumer assurance, our molecular taggant technology platform is ideally positioned to protect their supply chains by providing assurance of quality and provenance, and helps brands guarantee claims with certainty.”

Since 2014, over 200 million lbs of cotton have been tagged, representing the source of a total end-to-end traceability solution that is substantiated by forensic test data. Well over 5,000 DNA tests have been conducted on cotton tagged for the past 4 years. SigNature T technology utilizes fully-automated DNA Transfer Systems in the “Industrial Internet of Things” design that have been installed in 9 gins including one used this season to tag Australian cotton. The additional orders have not yet been received for the 2018/2019 ginning season.

“The database of information we collect from the tagging and testing of cotton fiber now reaches into the millions of data points covering bale identity, spray quality and supply chain testing metrics to ensure true cotton integrity that can be preserved from source to the retail level, continued Dr. Hayward.  “The global implementation of proper controls for segregation of cotton at the gin all the way to finished goods ensures total traceability with no room for substitution.”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, personalized medicine and therapeutics.

About Applied DNA Sciences
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-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 uncopiable, security and authentication solutions, targeted a wide range of industries, including but not limited to, pharmaceuticals and nutraceuticals, textiles and defense materials, and DNAnet®, for anti-theft and loss prevention, and digitalDNA®, providing powerful track-and-trace. Our products provide a forensic chain of evidence in large commercial ecosystems.

Visit adnas.com for more information. Follow us on Twitter and LinkedIn. Join our mailing list.

Forward-Looking Statements
The statements made by Applied DNA in this press release may be “forward-looking” in nature within the meaning of the Private Securities Litigation Act of 1995. Forward-looking statements describe Applied DNA’s future plans, projections, strategies and expectations, and are based on assumptions and involve a number of risks and uncertainties, many of which are beyond the control of Applied DNA. Actual results could differ materially from those projected due to our lack of significant revenues, limited financial resources, limited market acceptance, history of net losses, market competition, risk of not obtaining regulatory approval and various other factors detailed from time to time in Applied DNA’s SEC reports and filings, including our Annual Report on Form 10-K filed on December 28, 2017 and our subsequent quarterly reports on Form 10-Q filed on February 8, 2018 and May 3, 2018, which are available at www.sec.gov. Applied DNA undertakes no obligation to update publicly any forward-looking statements to reflect new information, events or circumstances after the date hereof to reflect the occurrence of unanticipated events, unless otherwise required by law.

Investor contact: Sanjay M. Hurry, 212-838-3777, LHA Investor Relations, shurry@lhai.com
Media contact: Angie Mathews, 781-639-4924, angie@cgprpublicrelations.com
Program contact: MeiLin Wan, 631-240-8849, meilin.wan@adnas.com
Web: www.adnas.com
Twitter: @APDN

In Applied DNA’s New UL Partnership, It’s Safety First

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By GREGORY ZELLER //

A new deal with a worldwide safe-sciences leader will expand a Long Island innovator’s already-impressive global reach.

Illinois-based UL, known primarily as Underwriters Laboratories for most of its 124-year history, has reached a “commercial agreement” with Applied DNA Sciences that will “lay the foundation for a significant new development in product authentication and supply-chain traceability,” according to a statement from Applied DNA.

UL, Applied DNA Sciences Enter Partnership

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For new developments in product authentication and supply chain traceability

UL has entered into a collaboration with Applied DNA Sciences to lay the foundation for a significant new development in product authentication and supply chain traceability.

This partnership will enable UL to offer a series of Verification Marks for point-of-origin and product content, utilizing Applied DNA’s SigNature®molecular tags. The DNA tag marks products in order to create a unique “fingerprint” that can be traced throughout a product’s journey in the supply chain. This technology combined with UL’s expertise and experience in testing, audit, and inspection service offerings equips manufacturers, governments, trade organizations, brands and end consumers with a tool to validate the very source and content of products, thus instilling an added level of confidence and empowering trust. UL’s Verification Mark provides third-party verification, demonstrating to consumers that the supplier is taking steps to lead in the industry by having their products evaluated against UL’s highest standards for quality and integrity.