Lexagene Holdings Inc LXXGQ

LXG announces second hemp-cannabis beta test site

[TanzaniteMotherLode]

Not sure if folks were aware of this:  BEVERLY, Mass., Sept. 12, 2019 (GLOBE NEWSWIRE) -- LexaGene Holdings, Inc., ( LXXGF; TSX-V: LXG) (“LexaGene”) or the (“Company”), a biotechnology company that develops genetic analyzers for rapid pathogen detection and other molecular markers, announced today plans to place its LX Analyzer beta unit into ProVerde Laboratories, Inc. (“ProVerde”), one of the largest hemp-cannabis testing reference laboratories in Massachusetts.

ProVerde currently cultures samples overnight, followed by processing steps that include using an automated single-target immunoassay analyzer to identify pathogenic organisms as well as starting a second culture to enumerate indicator species. The process nominally takes 3 days, and ProVerde is looking for faster turn-around times. For this reason, ProVerde is interested in testing LexaGene’s analyzer, which is designed to screen for multiple pathogenic organisms at once and provide quantitation of indicator organisms in just 1 hour. For the beta test trial, which is scheduled to start next week, ProVerde will use LexaGene’s genetic analyzer to detect and quantify pathogenic E. coli, Salmonella, and the toxic fungus, Aspergillus niger

“This is now our second beta placement in a hemp-cannabis testing reference laboratory,” said Dr. Jack Regan, LexaGene’s CEO and Founder. “We strongly believe the LX technology will be revolutionary for the hemp and cannabis industry as it will help prevent the spread of disease and can be used to ensure safer products for consumption.”

https://www.gurufocus.com/news/945283