Good Track Record

Cannabis supply chains – as with food and agriculture – are vulnerable to infiltration, diversion and adulteration. This, in addition to the rapid growth of the industry and the high consumer demand, is putting more pressure on producers to authenticate their goods. Current methods, like barcoding produce or using radio-frequency identification (RFID), only cover the plant through the cultivation process, and can’t track produce on its onward journey.

A new tracking system that combines molecular tagging (currently used to great effect in the textile industry) with  blockchain technology could provide the security and authenticity needed to provide transparency, boost consumer confidence and – crucially – ensure compliance with regulations.

A bold claim. So how will it work? A unique molecular tag is applied to plants or cannabis products. This tag can then be recovered and analyzed at any stage in the distribution chain – thereby pinpointing the origin and assuring authenticity. The tracking data will be integrated into and managed by blockchain technology (a decentralized and self-auditing “digital ledger”).

Applied DNA Sciences are teaming up with TheraCann International to develop the “tag and track” system, meeting what TheraCann COO Chris Bolton describes as: “the growing demand for true forensic-level seed-to-sale tracking.” James Hayward, President and CEO of Applied DNA, said that this unique combination of technologies will “[create] an immutable link between the authenticity of goods and the authenticity of digital transactions to serve as a unique and forensic identifier.”

Find out more:
http://adnas.com/cannabis-compliance-certainty/
http://theracanncorp.com/