TruTrace Technologies to collaborate with Sigma Analytical Services on cannabis genetic testing

TruTrace Technologies Inc (CSE:TTT) (OTCMKTS:TTTSF) announced Monday that it will collaborate with Sigma Analytical Services on genetic testing for cannabis. 

Both companies have entered into a letter of intent to establish a strategic working relationship, TruTrace said in a statement. 

The company said it plans to include Sigma Analytical as a genetics verification and testing partner in its blockchain-secured traceability ecosystem, and the parties will explore development and integration opportunities to expedite testing processes in the cannabis and hemp industries.

READ: TruTrace Technologies clocks first revenue after Shoppers Drug Mart pilot program in fiscal 1Q 

Sigma Analytical is also expected to participate in the TruTrace Technologies and Shoppers Drug Mart medical cannabis verification pilot program as a testing partner. 

The pilot program, which is designed to increase transparency, interoperability and product identification within the medical cannabis industry, uses TruTrace Technologies’ StrainSecure technology as a central hub for identity management, asset tracking, validation, and product authentication.

“We are pleased to add Sigma Analytical as a partner in our StrainSecure ecosystem,” said TruTrace Technologies CEO Robert Galarza. “The Sigma team has established a track record of innovation in the cannabis industry and we look forward to collaborating with them as we continue to build out our platform and processes.”

As a full-service testing and research GMP-compliant laboratory, Toronoto-based Sigma Analytical offers comprehensive testing and analytical services, as well as research and development, and consulting in cannabis, hemp and derived products across North and South America.

“Sigma has been advancing the understanding of cannabis chemistry and has ‎established a global scientific network of pioneers to facilitate standardizing testing and quality assurance in this ‎new and promising field of science,” said Ashton Abrahams, chief operating officer of Sigma Analytical. 

“Working with TruTrace and Shoppers Drug Mart to track and trace the process and products will have significant synergy with what Sigma is doing and will be valuable to the fast-growing cannabis industry.”

Under the StrainSecure program, the TruTrace Technologies of Calgary collects plant testing data and performs genomic verification in plant batches which are then registered in a blockchain-enabled database for intellectual property protection and strain validation. All information gathered from the plants, including their molecular and chemical makeup, can be tracked via the program.

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Story by ProactiveInvestors