Thursday, June 21, 2018

BLOCKStrain Technology Corp. (TSX.V: DNAX) Names 15-Year Legal Cannabis Veteran Derek Pedro to Advisory Board

  • An industry pioneer, master grower and premier breeder of new cannabis strains, Pedro has a history of participating in Canada’s legalized cannabis industry since 2003
  • Robert Galarza, DNAX CEO, says Pedro brings expertise to board as company develops its software platform for licensed producers and industry stakeholders
  • Pedro seeks protection for growers’ intellectual property (IP) and ability of government to “track and trace” cannabis shipments, two issues that are the focus of DNAX’s software
BLOCKStrain Technology Corp. (TSX.V: DNAX) has named Derek Pedro, an industry veteran of the legalized cannabis industry in Canada, to its advisory board. For joining the advisory board, Pedro will receive 500,000 stock options.  A master grower, Pedro is particularly interested in protection of the IP of cannabis producers, as well as governmental tracking of cannabis shipments worldwide. These are issues that DNAX solves with its proprietary system, he says (http://nnw.fm/MG3og).
Based in Vancouver, Canada, DNAX has developed the first integrated blockchain platform to both register and track cannabis from genome to sale. The goal is to protect the IP of growers while reinforcing the integrity and safety of the product. Further, it is intended to ensure that product licensing is accurate and provide assurance of revenue, offering transparency and a strain variety protection platform.
Referring to Pedro in a news release, Robert Galarzo, DNAX CEO, said, “He is both a pioneer and a legend in this industry, and his knowledge of strain genetics and production systems is incredibly beneficial to us as BLOCKStrain builds and adapts its platform for Licensed Producers and other industry stakeholders in Canada.”
IP protection for cannabis companies and “track and trace” for cannabis shipments by governments are both important to Pedro, who has been a premier breeder of new cannabis strains.
“BLOCKStrain’s system addresses both these issues with a very elegant solution, and I have no doubt that this company and its software will play a major role in the growth of the legal cannabis industry, not just in Canada, but around the world,” Pedro added.
For more information, visit the company’s website at www.BLOCKStrain.io
More from NetworkNewsWire
About NetworkNewsWire
NetworkNewsWire (NNW) is a financial news and content distribution company that provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with NNW Prime. As a multifaceted organization with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
For more information, please visit https://www.NetworkNewsWire.com
Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
NetworkNewsWire (NNW)
New York, New York
www.NetworkNewsWire.com
212.418.1217 Office
Editor@NetworkNewsWire.com
Posted by at

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)