TruTrace Technologies Inc.(CSE:TTT);(CNSX:TTT.CN); (OTC:TTTSF) ("TruTrace" or the "Company"),creator of a fully-integrated blockchain platform that registers and tracks intellectual property for the cannabis industry, is pleased to announce it has signed a software license agreement with OrionOne Global, Inc. ("OrionOne"), a global supply chain provider delivering best-in-class technology which serves as a logistics and tracking smart-hub for navigating shipments and logistics worldwide.
Under the agreement (the "License Agreement"), TruTrace will be able to leverage the OrionOne platform to support commercialization of its core products for its customers. "Finalizing this license agreement with OrionOne not only assures the long-term functionality of StrainSecure(TM), but we believe it will open up market opportunities for TruTrace in other key industries," stated Robert Galarza, CEO of TruTrace. "Our core mission was built on traceability of quality assurance and testing details at a very granular level and we believe the incorporation of logistics tracking will significantly expand our client base."
"We are thrilled to bring together these synergetic technologies. Licensing OrionOne will give TruTrace the ability to maximize its commercial opportunites, as well as begin to expand its offering beyond the cannabis industry," said Tommy Stephenson, Founder and CEO of OrionOne. "When we developed OrionOne over four years ago it was done so with a macro view of shipping and logistics which will complement the precise level of detail provided by TruTrace incredibly well."
About TruTrace Technologies
TruTrace Technologies is the developer of fully integrated software, secured on a blockchain infrastructure, that gives clients the ability to store, manage, share and immediately access quality assurance and testing details, COAs, as well as motion and movement intelligence on inventory from batches and lots to serialized items.
The platform was specifically designed to power the traceability of testing standards within the legal cannabis, nutraceutical, food and pharmaceutical space with a focus on the authentication of source materials or ingredients used in formulation.
The ABC’s of Brand Protection
PLEASE NOTE: many 2020 events have been postponed / cancelled due to the worldwide COVID-19 coronavirus pandemic. We recommend that you check directly with organisers to obtain the latest information on events of interest.
International Food Fraud Conference
September 22-23, 2020 - Amsterdam, The Netherlands
Asian IP Forum (AIPF)
September 24-25, 2020 - Singapore
Global Brand Protection Summit 2020
September 24, 2020 - London, UK
European IP Forum
November 12-13, 2020 - Munich, Germany
24th International Conference on Food Fraud
December 07-08, 2020 - webinar (online)