LAS VEGAS, April 9, 2019 /PRNewswire/ -- Digipath, Inc. (OTCQB: DIGP), a service-oriented independent testing laboratory, data and media firm focused on the developing cannabis and hemp markets, is pleased to announce that in collaboration with VSSL of Kelowna, BC, has filed a provisional patent application for a Field Testing Kit that can quickly determine whether a plant sample is actually hemp, drug-type THC or drug-type CBD.
Currently the only recourse for law enforcement to make a determination of what is being transported across state lines is lab based analytical testing of the mature plants for their THC content to come in under the 0.3% THC level. The Digipath-VSSL simple genetic field test will allow for a DNA-based assay to clearly designate if plant material at any stage of growth is industrial hemp or drug-type CBD and NOT drug-type THC. Inability to determine what a sample is, and if it is in compliance with prevailing law, has been an enormous problem for law enforcement, hemp farmers, and others looking to ensure full compliance. A recent High Times article details this problem, noting an instance where a fully-compliant hemp shipment was wrongfully seized due to a failure to properly identify the cargo.
As one of the premier testing laboratories in the United States, Digipath is looking to expand on its services with a mobile product to serve the market need for a test to distinguish the two cannabis strains. The patent application filing comes following a recent Request for Proposal for "Hemp/Marijuana Field Test Kits" posted by the United States Drug Enforcement Agency. The request reads as follows:
"The field test kit must provide specificity to distinguish between hemp and marijuana. It must be portable and rugged enough to be used in non-laboratory environments or ambient conditions. All products shall be the most current and up-to-date model/revision(s) available at the time of delivery. Anticipated maximum quantities to be purchased will be based on evaluation results and agency need."
"VSSL's Chief Scientist, Philippe Henry PhD and I, are very pleased to present an immediate solution to an industry need that parallels the stated Federal and State dilemma of proper genetic identification of interstate transported cannabis," stated Cindy Orser, PhD, Chief Science Officer, Digipath. "The need was abundantly clear to us and we were intent on providing a solution to this dilemma even before the government's request was posted. Moreover, the Request for Proposal appears to call for exactly what we believe our technology provides."
"This new 'Field Test' is essentially, a cross between 23 and Me and a paternity test for plants," stated Todd Denkin, CEO, Digipath. "Within minutes, our test can determine the nature of the plant sample and which drug-type it belongs to. We believe there is a significant market for this product, and the DEA's recognition of this need supports our pursuit of this opportunity."
About Digipath, Inc. & Digipath Labs, Inc.
Digipath, Inc. supports the cannabis industry's best practices for reliable testing, data acquisition, cannabis education and training, and brings unbiased cannabis news coverage to the cannabis industry. Digipath Labs provides pharmaceutical-grade analysis and testing to the cannabis industry to ensure producers, consumers, and patients know exactly what is in the cannabis they ingest and to help maximize the quality of its client's products through analysis, research, development, and standardization.
Digipath Investor Relations & Financial Media
Information about Forward-Looking Statements
This press release contains "forward-looking statements" that include information relating to future events. Forward-looking statements should not be read as a guarantee of future performance or results and will not necessarily be accurate indications of the times at, or by, which that performance or those results will be achieved. Forward-looking statements are based on information available at the time they are made and/or management's good faith belief as of that time with respect to future events and are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in, or suggested by, the forward-looking statements. Important factors that could cause these differences include, but are not limited to: the Company's need for additional funding, the demand for the Company's products, governmental regulation of the cannabis industry, the Company's ability to maintain customer and strategic business relationships, the impact of competitive products and pricing, growth in targeted markets, the adequacy of the Company's liquidity and financial strength to support its growth, and other risks that may be detailed from time-to-time in the Company's filings with the United States Securities and Exchange Commission. For a more detailed description of the risk factors and uncertainties affecting Digipath, please refer to the Company's recent Securities and Exchange Commission filings, which are available at www.sec.gov. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.
SOURCE Digipath, Inc.