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

By Ward Sport | June 25, 2021

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.