By Kalyan Madala, CTO, IBM ASEANZK
- 11 July 2019 11:34
Dotz partners with licensed cannabis producer Seàch Medical to develop global in-plant cannabis tagging
Dotz Nano Limited (ASX:DTZ) has entered into a partnership agreement with licensed Israeli medicinal cannabis producer Seàch to further develop its novel in-plant end-to-end anti-counterfeiting solution.
Seàch is one of Israel’s preeminent medicinal cannabis companies and is expected to list on the Tel Aviv Stock Exchange next month as part of a merger with Beyond Time (TLV:BNTM). Seàch produces a wide variety of cannabis strains and has a product range encompassing buds, rolls and oils. Dotz’s non-toxic BioDotz™ markers will be added to cannabis plants at Seàch’s global growing facilities, to create unique in-plant security identifiers that can’t be forged or removed.
The partnership follows Dotz’s successful in-house proof of concept, where BioDotz™ were successfully embedded in plants with a close biological structure to cannabis. The initial PoC showed BioDotz™ did not affect the basic properties or appearance of the plants and were detectable days after being added.
BioDotz™ markers feature multiple layers of security and are designed to continue working in elevated temperatures over extended periods of time. The markers can be identified on-site and in real-time using Dotz’s secure app-based reader.
Commenting on the partnership agreement, Dotz CEO Uzi Breier said: “Seàch is a very experienced medicinal cannabis producer with a reputation for developing new strains and adopting cutting-edge technology. Our partnership with them allows us to progress in-plant tag-and-trace with our unique anti-counterfeiting technology.”
“Our cooperation will examine the best ways to successfully insert our non-toxic security taggants directly into cannabis plants, enhancing product security throughout the cannabis supply chain. We see this as a significant opportunity for Dotz, particularly as existing track-and-trace cannabis security measures, such as RFID tags and barcodes, have been insufficient in preventing illegal cannabis from being introduced into the legal market as well as legal cannabis from being diverted to the illegal market.
Seàch CTO Shay Avraham Sarid said: “We are excited with this cooperation that is bound to enhance our technological leadership in the cannabis world. We see Dotz as an emerging technology company with a unique solution for the cannabis industry that can potentially make a big difference in this fast-growing domain.”
Dotz has a patent application pending (#266444) with the Patent Bureau for the use of BioDotz™ as a direct taggant of cannabis and other high-value or restricted plants