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Bullboard - Stock Discussion Forum TruTrace Technologies Inc. C.TTT

Alternate Symbol(s):  TTTSF

TruTrace Technologies Inc is a full-service software company that operates an integrated blockchain platform which registers and tracks cannabis intellectual property from genome to sale. It also monitors the process of genetic and quality-control testing for legal cannabis.

CSE:TTT - Post Discussion

TruTrace Technologies Inc. > New Partnership
View:
Post by Moonwise on Feb 13, 2019 10:05pm

New Partnership

FYI: Promo email below from CCI re Blockstrain, mentions Shoppers DM. CCI is excited to announce a new partnership with BLOCKStrain Technology Corp. who were introduced to us by Shoppers Drug Mart. The BLOCKStrain technology platform serves two main purposes: 1. Tracking and protecting genetics - The company is creating a global registry for genetics which will be tracked through a blockchain enabled software platform. 2. Online booking platform and database for lab tests and lab results - Consider the platform the Expedia of Labs. Licence Holders can select from a number of licenced labs, choose the tests they would like performed and submit an order. Then ALL test results are posted and stored in the platform and linked to each individual product through a dynamic verification seal and QR code. There are a number of advantages for licence holders to use such a platform: Protect your genetics Verify new genetics being introduced are in fact what they claim to be Quickly and effectively book lab tests without having to fill out paperwork Easily store and maintain lab test results The CCI QR team watched a demo of the platform and provided some great feedback - This will add value to CCI's clients. The software gives reassurance for product compliance and helps mitigates risk of releasing of out-of- spec batches. If companies implement a software like this and enforce it, it will save them a lot of hassle.
Comment by GhostInvestor66 on Feb 13, 2019 11:55pm
Wow... This partnership will be a gamer changer for DNAX and its future. 
Comment by ConnectTheDot1 on Feb 14, 2019 1:34am
Thanks for sharing! And what new partnership of CCI stands for? Doed it stand for Cannabis Compliance Inc??? Thanks again!
Comment by Moonwise on Feb 14, 2019 10:32am
Yes, CCI = Cannabis Compliance Inc.  CCI represents the majority of existing LPs and hundreds of applicants.  Shoppers DM wants all LPs that they do business with to be able to verify their product offerings -- far beyond what they are currently doing. Batch testing under current regs is fundamentally flawed and susceptible to manipulation (as we have seen and will continue to see ...more  
Comment by Kidhustle on Feb 14, 2019 10:33am
Wait does this mean Dnax has a deal with shoppers too?
Comment by Moonwise on Feb 14, 2019 11:02am
Maybe. Or something in the works, perhaps not finalized yet. Would be odd to provide a referall to CCI if there wasn't something going on.
Comment by LaserStock29 on Feb 14, 2019 11:02am
To claim something as medicine.. you need batch verification like aspirin or advil or chemo.. whatever it is.. insurance co's all of that doesn't change..  Good thing the software is free and the revenue is generated as part of the laboratory fees.  LP's can get on board expadiciously  Instead of this phantom customer demand.. there are already plenty of news stories ...more  
Comment by ConnectTheDot1 on Feb 14, 2019 11:36am
Really cool! That will be great...CCI could help DNAX to get Health Canada compliance requirements...!!! "As Canadas original cannabis consulting firm, our number one objective is to obtain Health Canada approval for our clients." https://www.cannabiscomplianceinc.com/about/ I like this point 2 in email: "Consider the platform the Expedia of Labs. Licence Holders can select from a ...more  
Comment by TacTics on Feb 15, 2019 8:23am
I like this point you made: "The biggest LPs will likely be the last to follow because frankly, they benefit from the current system the most. " So true! HC should be recognizing this.
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