Applied DNA moves ahead with forensic tracking of cannabis with TheraCann

By Jenny Eagle contact

- Last updated on GMT

Photo: ETCH Bio Solutions.
Photo: ETCH Bio Solutions.

Related tags: Cannabis, track and trace

Applied DNA has received the first $1m of a $5m licensing fee as part of its agreement with TheraCann legal cannabis and hemp consultancy.

The companies announced earlier this year,​ they had entered into an exclusive licensing deal that grants TheraCann’s subsidiary, ETCH BioTrace, the use of Applied DNA’s CertainT supply chain integrity platform technology within the global legal cannabis and hemp markets. 

CertainT platform

Under the terms of the agreement​, a $5m up-front licensing fee is payable to Applied DNA over a four-month period beginning on or before April 15, 2019, and completed by August 15, 2019. Agreement.  

The agreement with TheraCann represents further validation of the commercialization of our CertainT technology platform across industries where compliance, control and tracking are essential​,” said James Hayward, CEO, Applied DNA. 

Powered by our CertainT platform, TheraCann’s ETCH biotrace system can provide the global legal cannabis and hemp industries the ability to ensure authentication and origin verification for products through the supply chain​.” 

Pursuant to the agreement, Aplied DNA will be the exclusive supplier of molecular tags (provided as SigNature), molecular tag application systems and molecular tag authentication systems for TheraCann’s ETCH biotrace seed-to-sale-tracking system. 

Pre-commercial pilots

The impact on our balance sheet is beneficial and will allow us to respond to requests for pre-commercial pilots that we have already received," ​added Hayward.

We believe the growing demand for legalized cannabis is driving the creation of the industry’s global supply chains and is accelerating the need for solutions to secure and validate them from inception through to consumption, destruction and/or recall​.

Jason Warnock, CEO of TheraCann International said it had already received multiple letters of intent from numerous countries wanting to protect their licensed cannabis supply chain, in response to its shared ETCH biotrace platform, and it is anticipating commercial trials for international export opportunities. 

Additional information with respect to the TheraCann Agreement was filed via Form 8-K​ with the Securities and Exchange Commission on April 3, 2019. 

Related news

Related products

show more

Unlike Any Other Turmeric

Unlike Any Other Turmeric

Applied Food Sciences | 15-Jan-2020 | Technical / White Paper

As consumers are craving complex flavors, bright colors, and more transparent labels, Applied Food Sciences is bringing this golden-yellow spice to products...

The Importance of Cascara Coffee Fruit

The Importance of Cascara Coffee Fruit

Applied Food Sciences | 06-Nov-2019 | Product Presentation

To be a pioneer in the coffee industry, it requires the pursuit of doing good. What if you could bring value back to the more than 20.5 million tons of...

Tackling the cost of microbial stabilisation

Tackling the cost of microbial stabilisation

Parker Bioscience Filtration | 02-Sep-2019 | Application Note

Cold stabilisation of beer, also referred to as sterile filtration, can return significant cost savings over pasteurisation. In addition to providing an...

Related suppliers

Follow us

Featured Events

View more


View more