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TruTrace Technologies Inc C.TTT

Alternate Symbol(s):  TTTSF

TruTrace Technologies Inc. is a Canada-based cloud-based blockchain software company that connects quality control and inventory management. The Company’s TruTrace software provides easy-to-use food, pharma, product, cosmetics and agro science solutions. It also provides easy-to-use lab testing solutions. The Company’s StrainSecure is cloud-based blockchain software that connects quality control and inventory testing.


CSE:TTT - Post by User

Comment by ConnectTheDot1on Mar 01, 2019 5:25pm
112 Views
Post# 29431241

RE:RE:RE:Third party testing

RE:RE:RE:Third party testingSince January 2nd, the labs can say what they want with the new regulations of Health Canada that all products much tested by a third party before the LPs can sell them! Also the labs are required to keep tracks and records... which is good for BlockStrain as solution! And only licenced labs that could do the test...and from another article, if I remembered there are around 50 available in Canada and I take around 3 weeks for the test... that's why the shortage could last longer...! Good luck to all...we have something growing! https://www.thegrowthop.com/cannabis-health/cannabis-medical/new-federal-regulatory-rules-around-cannabis-pesticide-use-welcomed/amp
0to60in3secflat wrote: The emphasis on blockstrain technology is on trackablity. The real value here is int he fact that if a third party lab was to lie and label a bad product as good and then pace it ont he blockstrain ledger as a good product, if it ever came back as bad then the product could be retested by anothe rfacility to make sure then the BLOCKSTRAIN technology allows to retrace this prodcut to original lab that made the error. This build ACCOUNTABILITY which is HUGe for this industry. Right now a lab could jsut say whatever it wants and there is no way of tracing strains, or compounds to the original lab that tested it. They could say it was not them that made mistake. How are you not getting this? PS i am a VC investor in a QC lab.


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