{"id":11383,"date":"2019-09-19T02:29:53","date_gmt":"2019-09-19T02:29:53","guid":{"rendered":"https:\/\/economicherald.net\/?p=11383"},"modified":"2019-09-19T02:29:53","modified_gmt":"2019-09-19T02:29:53","slug":"tech-cannabis-can-now-be-securely-traced-thanks-to-dotz-nano","status":"publish","type":"post","link":"https:\/\/economicherald.net\/?p=11383","title":{"rendered":"Tech: Cannabis can now be securely traced thanks to Dotz Nano"},"content":{"rendered":"<p>Cannabis leaves and flowers can now be tracked and traced, thanks to miniscule, non-toxic markers developed by advanced tech company\u00a0Dotz Nano (ASX:DTZ).<\/p>\n<p>Dotz makes security markers called BioDotz, and earlier this year it <a href=\"https:\/\/stockhead.com.au\/health\/health-dotz-dips-its-toe-into-the-cannabis-waters-with-a-new-deal-in-israel\/\" target=\"_blank\" rel=\"noopener\">struck a deal with Israeli company Se\u00e0ch Medical<\/a> to test whether the markers could successfully be embedded into cannabis plants. (It is also <a href=\"https:\/\/stockhead.com.au\/tech\/canada-taps-dotz-nano-to-fight-cannabis-counterfeiting\/\" target=\"_blank\" rel=\"noopener\">being paid by private Canadian cannabis company Slalom Capital<\/a> to develop the product.)<\/p>\n<p>It announced today that its markers were able to be detected in cannabis leaves and flowers \u201cdays after being added to the plants\u201d, identified on-site at Se\u00e0ch\u2019s facilities using Dotz\u2019s proprietary InSpec reader. The markers are non-toxic and cannot be removed or forged.<\/p>\n<p>Dotz and Se\u00e0ch are continuing field testing for longer periods of time, and under a different range of conditions. Dotz expects these tests to be successful, saying the markers are \u201cdesigned to continue working in elevated temperatures over extended periods of time\u201d.<\/p>\n<p>The company\u2019s shares jumped 7 per cent on the news, to 4.5c.<\/p>\n\n<p><span class=\"mce_SELRES_start\">\ufeff<\/span>Dotz CEO Uzi Breier said the results were an important validation of his company\u2019s technology, with the cannabis market growing worldwide at a rapid pace.<\/p>\n<p>\u201cWe have demonstrated a world-first in-plant tagging solution that provides a superior authentication measurement and complements current track-and-trace technologies for the legal cannabis market,\u201d he said.<\/p>\n<p>\u201cExisting solutions, such as RFID tags and barcodes, are easily removed or replaced and have been unsuccessful in fully preventing illegal cannabis from being introduced to legal markets, as well as closely tracking unique cannabis species.<\/p>\n<p>\u201cThe global legal cannabis market is growing rapidly, and cannabis producers are under increasing pressure to comply with tighter federal and state regulations. Our complete end-to-end anti-counterfeiting solution provides enhanced product security throughout the cannabis supply-chain with its on-site and real time detection enabling cannabis producers to comply with these regulations and protect their species.\u201d<\/p>\n<p><strong>Read more:<\/strong><\/p>\n<div class=\"four-way-pad\">\n<p><strong><span class=\"title-text\"><a href=\"https:\/\/stockhead.com.au\/tech\/canada-taps-dotz-nano-to-fight-cannabis-counterfeiting\/\" target=\"_blank\" rel=\"noopener\">Canada taps Dotz Nano to fight cannabis counterfeiting<\/a> <\/span><\/strong><\/p>\n<p><a href=\"https:\/\/stockhead.com.au\/health\/health-dotz-dips-its-toe-into-the-cannabis-waters-with-a-new-deal-in-israel\/\" target=\"_blank\" rel=\"noopener\"><strong>Health: Dotz dips its toe into the cannabis waters with a new deal in Israel<\/strong><\/a><\/p>\n<p>\u00a0<\/p>\n<h2>In other ASX tech news:<\/h2>\n<p><strong>LiveTiles (ASX:LVT), ELMO Software (ASX:ELO) raising capital.\u00a0<\/strong>The two workplace tech companies have announced hefty capital raises. LiveTiles has raised $50m, with a further $5m to come via a share purchase plan, while ELMO is looking to raise $55m, and a further $5m in a share placement plan after the main raise.<\/p>\n<p><strong>TYMLEZ (ASX:TYM)\u00a0<\/strong><strong>shares jump on SAP integration.\u00a0<\/strong>Shares in the company rose 15 per cent to 5.5c after it revealed its blockchain solution platform would be integrated with the SAP HANA platform, which provides enterprise businesses with cloud or on-premise solutions.<\/p>\n<p><strong>iCar Asia (ASX:ICQ) acquires large Indonesian player.\u00a0<\/strong>The online car portal owner told investors it is acquiring Carmudi Indonesia, the country\u2019s second-largest vertical automotive site. iCar Asia will pay Carmudi $4.4m.<\/p>\n<\/div>\n<p>The post <a href=\"https:\/\/stockhead.com.au\/tech\/tech-cannabis-can-now-be-securely-traced-thanks-to-dotz-nano\/\">Tech: Cannabis can now be securely traced thanks to Dotz Nano<\/a> appeared first on <a href=\"https:\/\/stockhead.com.au\/\">Stockhead<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>Cannabis leaves and flowers can now be tracked and traced, thanks to miniscule, non-toxic markers developed by advanced tech company\u00a0Dotz Nano (ASX:DTZ). Dotz makes security <a href=\"https:\/\/economicherald.net\/?p=11383\" class=\"read-more-link\">[more&#8230;]<\/a><\/p>\n","protected":false},"author":0,"featured_media":11384,"comment_status":"","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-11383","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Tech: Cannabis can now be securely traced thanks to Dotz Nano - Economic Herald<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/economicherald.net\/?p=11383\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Tech: Cannabis can now be securely traced thanks to Dotz Nano - Economic Herald\" \/>\n<meta property=\"og:description\" content=\"Cannabis leaves and flowers can now be tracked and traced, thanks to miniscule, non-toxic markers developed by advanced tech company\u00a0Dotz Nano (ASX:DTZ). 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