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This is good news. Good to see some diversification and growth
good news but we need more volume
NEWS: Digipath's GroSciences Moving Forward with Further Testing for its Patent Pending All-Natural, Plant-Derived Pesticide
https://markets.businessinsider.com/news/stocks/digipath-s-grosciences-moving-forward-with-further-testing-for-its-patent-pending-all-natural-plant-derived-pesticide-1028446077
https://finance.yahoo.com/news/digipaths-grosciences-moving-forward-further-130000633.html?.tsrc=rss
we need a lot more news and volume to make this stock run.
Digipath Seeks to Expand Beyond Testing, Pursues New Revenue Opportunities
https://420intel.com/articles/2019/08/01/digipath-seeks-expand-beyond-testing-pursues-new-revenue-opportunities
126,000 at 0.1488 what is going on dilution
Cannabis Service Provider Participates Profitably in Nevada Hyper Growth Cycle
https://www.twst.com/news/cannabis-service-provider-participates-profitably-nevada-hyper-growth-cycle/
NEWS! Digipath Reports Significant Progress on GroSciences' Tru-Hemp ID Kit
https://finance.yahoo.com/news/digipath-reports-significant-progress-grosciences-125600493.html?.tsrc=rss
excellent news...cheers!
Product Could Be Commercially Available in 2019
LAS VEGAS, July 29, 2019 /PRNewswire/ -- Digipath, Inc. (DIGP) ("DIGP" or the "Company"), a service-oriented independent testing laboratory, data analytics and formulation firm focused on the developing cannabis and hemp markets, is pleased to announce that the Company's GroSciences subsidiary has made significant progress in developing its Tru-Hemp ID project, with commercial availability targeted for late 2019/early 2020.
GroSciences is Digipath's wholly owned subsidiary which combines years of testing data and proprietary research to create "The Science to Succeed" for clients wanting expert guidance on formulations, identification, and more.
As previously reported, Digipath, via GroSciences, has been developing a field testing kit for hemp, cannabis and other related products with a myriad of applications from law enforcement to growers.
GroSciences has now successfully completed the in-house testing of its prototype Tru-Hemp ID DNA-based assay kits at two separate laboratories. Tru-Hemp ID distinguishes industrial hemp which is legal under the 2018 Farm Bill, from drug-type cannabis.
The kit is expected to serve a growing need in the burgeoning hemp industry, since legal hemp is not visually distinguishable from high-THC marijuana, a Schedule I Controlled Substance.
Currently, GroSciences plans to beta-test Tru-Hemp ID in August in Vermont, New York and North Carolina, with talks underway with hemp growers and regulators in Oregon, Colorado and California.
"We have made significant progress in developing GroSciences' molecular assay, Tru-Hemp ID," stated Chief Science Officer for Digipath, Dr. Cindy Orser. "In addition to developing the technology for the Tru-Hemp ID testing kit, we are partnering with leading hemp growers to conduct independent testing using our technology, which we expect to help accelerate our path to market and commercial acceptance of our testing kit."
"The deployment of Tru-Hemp ID in the commercial marketplace will provide Digipath with a new revenue stream," added Todd Denkin, CEO, Digipath. "Our goal is to not just be a leading testing lab, but a leading canna-tech company."
yes patens are the key this will be great for investors
Police seize almost 7,000 pounds of cannabis from a truck. But the company that bought it says it's all legal
https://www.cnn.com/2019/02/06/us/hemp-marijuana-idaho-trnd/index.html
Note: Digipath may have a solution to this expensive and time-consuming problem for law enforcement and hemp growers with their 'Tru-Hemp ID' kit (patent pending) that is now in beta test per recent articles...cheers. https://grosciences.com/patents-pending/
"...There's no way to visibly discern a hemp plant from a marijuana plant. And for decades, states like Idaho and the federal government treated hemp just like any other cannabis plant..."
"...The company said it tested 19 different samples from that farm's hemp crop on January 17, and their THC level was .043% -- lower than the federal legal limit of .3%..."
"...But the Idaho State Police says it did right by state law, and technically, it did. The routine inspection, the field drug test, the canine test were all done by the book..."
"...Tests like the one conducted on the hemp Palamarchuck was transporting cannot tell the difference between hemp and marijuana. The Idaho State Police says their analyses, and canine units, can only test for the presence of THC -- not the concentration..."
"...The agency has since sent a sample of the hemp seized to a lab to test how much THC it contains..."
Patents Pending
Digipath subsidiary: GroSciences https://grosciences.com/patents-pending/
Digipath, Inc. Joins The Stock Day Podcast to Discuss their Expansion into Columbia
https://finance.yahoo.com/news/digipath-inc-joins-stock-day-120000239.html?.tsrc=rss
commitment to the industrial hemp industry, Hemp, Inc. (OTC PINK:HEMP) disclosed today the successful development of its innovative hemp flower drying system for smokable hemp flower. Highly efficient, this compact proprietary hemp flower drying system is fast, drying in only 3 days as opposed to the traditional 7 days while maintaining the critical terpene profile of the product. To be unveiled at its Oregon location, Hemp, Inc. executives expect this advanced hemp flower drying system to bring in excess of $10,000,000 in revenue for the company from the Oregon 2019 harvest season.
Kept under wraps by Hemp, Inc. executives until now, this news could not have been released at a better time for its shareholders. The Company has been in the trenches of developing this advanced proprietary hemp flower drying system for the past year. With all the costs involved in the research and development, prototype fabrication, and final roll-out, the company will undoubtedly recover all costs within the first 30 days and show significant profits by year's end.
"As a global leader in the industrial hemp industry with extensive knowledge and a goldmine of invaluable contacts and connections, this new advanced proprietary hemp flower drying system will revolutionize the industry, catapulting Hemp, Inc. to heights we haven't even seen yet," says Bruce Perlowin, CEO of Hemp, Inc. "Ten million dollars in expected revenue would be quite impressive just from our Oregon operations."
The current drying process for hemp flower, which is very different from drying hemp biomass, is both labor and time intensive. Drying flower typically takes 7 days. However, Hemp, Inc.'s new proprietary hemp flower drying system reduces costs and time dramatically. The drying time is cut by over 71% (drying in as little as 3 days) all while maintaining the valuable terpene profile which allows smoking aficionados to enjoy a richer, flavorful experience while reducing anxiety and lessening pain. In terms of the amount of space needed for the drying system, this advanced proprietary hemp flower drying system reduces the square footage needed to dry hemp flower by over 66%.
Hemp, Inc. executives are confident that this proprietary hemp flower drying system will provide the company with a measurable competitive advantage within the industrial hemp industry. "The company's investment in research in the hemp growing and processing industry will soon pay off for our shareholders and we will continue to develop more efficient, streamline processes," said Perlowin.
Additionally, the flexibility of the design enables the company to transport the system to other geographical areas with later growing seasons such as in Arizona. The system is designed to be mobile allowing Hemp, Inc. to follow the harvest from Oregon to Arizona with its new mobile system. Hemp expects this to increase revenue from processing while giving Hemp, Inc. the opportunity to select the best product for use in its new consumable items.
A significant amount of the hemp crop in Oregon in 2018 was lost due to lack of processing facilities. That waste was enormous. While modest increases in processing capacity have occurred for the 2019 drying season, the amount of hemp grown has sky rocketed. Even more hemp is expected to be lost this year due to lack of processing centers. Hemp, Inc. hopes to help combat this problem with its new advanced hemp flower drying system.
Hemp, Inc. is a global leader in the industrial hemp industry with bi-coastal processing centers including the 85,000 square-foot multipurpose industrial hemp processing facility in Spring Hope, North Carolina, a state-of-the-art processing center in Medford, Oregon, and a 500-acre hemp growing Eco-Village in Golden Valley, Arizona.
WHAT IS HEMP, INC.?
What is Hemp, Inc.? With a deep-rooted social and environmental mission at its core, Hemp, Inc. seeks to build a business constituency for the American small farmer, the American veteran, and other groups experiencing the ever-increasing disparity between tapering income and soaring expenses. As a leader in the industrial hemp industry with ownership of the largest commercial multi-purpose industrial hemp processing facility in North America, Hemp, Inc. believes there can be tangible benefits reaped from adhering to a corporate social responsibility plan.
HEMP, INC.'S TEN DIVISIONS
Hemp, Inc. has been helping to build the industrial hemp infrastructure that was basically non-existent in America. There are now ten divisions:
Division One - The Industrial Hemp Infrastructure
Division Two - The Hemp Farming Infrastructure
Division Three - The Hemp Extraction Infrastructure
Division Four - The Hemp Educational Infrastructure
Division Five - The Hemp Marketing Infrastructure
Division Six - Accessories, Products and Services
Division Seven - Research and Development
Division Eight - Industrial Hemp Investments and Joint Ventures
Division Nine - Industrial Hemp Consulting
Division Ten - Entertainment
Division One - The Industrial Hemp Infrastructure
The Industrial Hemp Infrastructure (Division One) currently consists of two hemp processing facilities across the country, with two more under development, which will include an in-house third-party testing laboratory. The largest of the two is its multi-purpose industrial hemp processing facility and milling operation in Spring Hope, North Carolina. It's the largest "industrial hemp processing center" in the western hemisphere and has grown to become one of the pre-eminent centers of the industrial hemp industry. The 85,000 square foot facility sits on a 9-acre campus. It is environmentally sustainable and was built from the ground up in hopes of "Making America Hemp Again." With a patent pending manufacturing process, the North Carolina facility is operating full time to process millions of pounds of our unique kenaf, hemp blend, to manufacture an all green natural loss circulation materials (LCMs) that are to be sold to the oil and gas drilling industry, along with an all green natural oil spill absorbent, a second industrial hemp/kenaf product called Spill-Be-Gone.
(To see a one-minute video of the millions of pounds of kenaf, go to Bruce Perlowin's personal Facebook page , September 7th, 11th, 13th, 20th and 22nd, 2018.)
In addition to the company's industrial hemp processing facility in Spring Hope, North Carolina, Hemp, Inc. also has one of the most sophisticated local processing centers (LPC) in Medford, Oregon which focuses on hemp harvesting, drying, curing, trimming, bagging, storing, and in some cases selling high CBD hemp for the local farmers and for our own hemp grows in that area, and post processing for the CBD industry.
Hemp, Inc. also has 4,500 acres of land in Golden Valley, Arizona. Out of the 4,500 acres of land, 500 acres have currently been designated for the Veteran Village Kins Community (VVKC). Hemp, Inc. is preparing 300 of those 500 acres for hemp cultivation. The company aims to boost the economies of these towns by offering affordable hemp processing services, which incentivizes local growers to add hemp to their crop rotation. The company is continuing to scout new locations for local processing centers in Florida, Puerto Rico, West Virginia, Kentucky, Pennsylvania, New Hampshire and several other states.
Thus far, Hemp, Inc.'s Local Processing Center (LPC) in Oregon has created over 200 seasonal jobs as well as many year-round jobs.
Division Two - The Hemp Farming Infrastructure
The Hemp Farming Infrastructure (Division Two) consists of hundreds of acres of hemp and kenaf growing in multiple locations, farm equipment, cloning rooms, clones and seeds, grow rooms, greenhouses, hemp drying facilities and a huge amount of peripheral farming tools and equipment. (Some of this farming infrastructure can be seen on Bruce Perlowin's personal Facebook page in some of his older posts from Sept. 8th, Aug. 30th, 19th, 15th - 11th, 9th and 4th, July 31st, 29th, 21st - 16th, 2018.)
Hemp, Inc. also has a model "Small Family Farm" in North Carolina situated on 12 acres that consists of a cloning room, a greenhouse, and enough land to grow 2,000-3,000 high CBD hemp plants. (This model farm can be seen on Bruce Perlowin'sFacebook page, in the Aug. 22nd - 26th, 2018 posts.) By showing farmers how to grow high CBD hemp plants, operate a greenhouse and turn a barn into a cloning room to earn $500,000 a year, the "Small Family Farm" can reappear on the American landscape. After all, the original small family farms in America were able to survive economically by growing hemp as their main cash crop and the first 5 presidents of the United States were all hemp farmers.
According to Perlowin, the company is preparing to grow on up to 500 acres of land in Oregon, 300 acres in Arizona (maybe more), hundreds of acres in NC (combination of hemp and kenaf), and an undetermined amount in Puerto Rico. He says collective sales from all these grows will be extremely significant in terms of pre-rolls, high CBD buds, distillate, isolate and biomass. "By 2020, we anticipate the main function of the company will be sales and marketing as we will have completed the infrastructure to support that sales and marketing. Right now, I believe we have the largest footprint with vertical integration in the hemp industry in America today. We are always looking for joint ventures where we have or can expand our footprint," commented Perlowin.
Moreover, "A to Z" services for the farmers are available - from harvesting to drying, bagging, curing, storing, nitrogen sparging, machine trimming, hand trimming, and selling, creating a "one stop shop" for the small to large family farms. And with the soon-to-be addition of our third party, on-site testing labs from Digipath Labs, local farmers can do their testing, processing and selling in the same place. Digipath brings their proprietary ISO-17025:2017 accredited standard operating procedures and testing protocols, to establish, maintain, and operate each lab.
Digipath will bring state-of-the-art equipment, lab expertise, proprietary operating procedures and management to Hemp, Inc.'s rapidly growing locations to ensure the highest quality of goods before entering the marketplace. They will provide all necessary laboratory-expertise and related management services to develop and operate each Lab, including purchasing and maintenance of the laboratory instrumentation, as well as hiring and comprehensive training of lab personnel.
Without an in-house, third-party testing laboratory, products in need of testing would need to be transported off site, which could mean waiting days or even weeks for results. The addition of Digipath at Hemp, Inc.'s production centers will expedite testing processes and further support new business developments.
Part of Division Two is the Great American Hemp Grow-Off on the Veteran Village Kins Community in Golden Valley, Arizona. The description of the grow off can be found below.
Division Three - The Hemp Extraction Infrastructure
The Hemp CBD Oil Extraction Infrastructure (Division Three) originally consisted of a Supercritical C02 Extractor. After operating for over a year it has been determined that Hemp, Inc. will be upgrading to a much larger and advanced alcohol extraction process. These large-scale extractors are expected to be placed in all additional hemp processing arenas, thus completing this part of building the industrial hemp infrastructure. The CBD oil that we extracted from our 2018 hemp grows in North Carolina has been made into pure crystalline CBD isolate which we will add to our King of Hemp branded line of pre-rolls to bring to the marketplace and a pre-roll fortified with pure crystalline CBD isolate.
Division Four - The Hemp Educational Infrastructure
The Hemp Educational Infrastructure (Division Four) includes Hemp, Inc.'s Hemp University which focuses on educating and empowering Hemp farmers and entrepreneurs with knowledge, processing, infrastructure and support. The educational seminars, through the Hemp University, are held periodically and teach farmers and landowners how to create a profitable income stream by maximizing the per-acre crop revenue. Through this division, Hemp, Inc. has trained well over 500 farmers in its first two years by doing six Hemp University seminars in North Carolina.
In March 2019, Hemp, Inc. completed the first west coast Hemp University in Oregon, which helped educate attendees about the various opportunities that have become available for Southern Oregon residents and farmers. The all-day educational seminar brought like-minded people together to discuss and learn from experts in the trade.
With the exceptional response to the first west coast Hemp University, Hemp, Inc. held the second set of educational seminars in Oregon. This event was titled "Pre-Planting Support Workshop", and was held May 4, 2019. This educational seminar was hosted prior to Oregon's hemp planting season and was designed to educate attendees on planting, feminized seeds, clones, soil amendments, organic fertilizers and more. Vendors at this workshop had most of these items on sale just in time for the 2019 planting season.
The Hemp University seminars are intended to educate farmers, entrepreneurs or investors on how to grow a lucrative cash crop. For those interested in attending, presenting or showcasing at the next Hemp University, please contact Sophia Blantonat hempu@hempinc.com.
To see short videos of The Hemp University educational seminars, go to Bruce Perlowin's Facebook page starting with the March 23, 2019 post and those following that date.
According to executives, there are also plans in the near future to expand The Hemp University to Puerto Rico through a variety of different formats and to Arizona. The eco-village in Arizona will serve as the venue for upcoming 2-day interactive and hands-on camping events which will focus on building with hemp-crete and other hemp construction materials, as well as growing hemp and the various aspects of organic gardening/farming.
"Since The Hemp University's initial launch with the educational symposium, the number of attendees has grown tremendously and it has been an overwhelming success, each time. The interactive, hands-on learning approach is invaluable. By learning in an interactive cohort format, students gain the necessary skills they need to immediately implement them on their farm or in their organization. It's the perfect mix of quality instruction, relevant educational content and a high level of commitment, to ensure the educational success of each attendee," said Perlowin.
Thus far, The Hemp University has helped transform the livelihoods of North Carolina and Oregon farmers transitioning from tobacco to industrial hemp, in North Carolina and from medical and recreational marijuana to industrial hemp in Oregon by providing them with the tools and support needed to gain a foothold in this burgeoning industry.
As part of its educational infrastructure, Hemp, Inc. still continues to hold its monthly "First Friday Tour" at its North Carolina facility. These exclusive bonus tours take shareholders behind-the-scenes of North Carolina's burgeoning industrial hemp epicenter to see Hemp, Inc.'s processing equipment in full operation... from the cultivation of its hemp plants and kenaf to the processing and manufacturing of their quality CBD products. The tour showcases a section of the warehouse where a variety of hemp and hemp-based products are displayed. This is also an opportunity for shareholders to meet and interact with Hemp, Inc. executives who welcome any and all questions.
Division Five - The Hemp Marketing Infrastructure
While marketing is a critical facet of any business operation for increasing revenues, Hemp, Inc. believes there must be a keen focus on the infrastructure first. The demand for CBD and hemp products is massive; some even say the demand is insatiable. In order to supply that type of volume/demand, there has to be a strong foundation or infrastructure in place. While Hemp, Inc. is poised to grow a rock solid Hemp Marketing Infrastructure, CEO Perlowin reminds us that this infrastructure has to be able to support a meteoric industry growth. The hemp-derived CBD market is expected to hit $591 million early this year, and it may grow 40 times this size—to $22 billion by 2022, according to the Brightfield Group report. "This is why we focus on infrastructure, at the moment, more so than specific marketing activities," says Perlowin. "Specific marketing activities isn't the issue. The ability to grow, process and produce what the marketplace is demanding is the issue and hence the reason we are focusing on creating the infrastructure first."
The company has also recently joint-ventured with retail store Hemp Healthcare, in Dolan Springs, Arizona, to sell high-end cannabidiol (CBD) and hemp-based products. Hemp Healthcare is home to an array of renowned CBD and hemp products, including Hemp, Inc.'s cosmetic and wellness line that includes shampoos, lotions, candles and more. The retail storefront is conveniently located off Highway 93 in Arizona, in a highly trafficked tourist area. Specifically located on Pierce Ferry Road, Hemp Healthcare is next to Dolan Station - a location that welcomes numerous tour buses daily with visitors from around the world that stop there on trips to the Grand Canyon.
Division Six - Accessories, Products and Services
Division Six focuses on the sale of hemp accessories such as the sale of extractors, harvesters, storage bags, containers, fertilizer, soil amendments, humidifiers, dehumidifiers, balers, greenhouses, and greenhouse equipment; the drying, trimming, curing, storing and brokering for other farmers harvesting hemp; and ultimately anything else a hemp farmer may need to be successful.
"What we found is that people are always looking for hundreds of items. New harvesting equipment and new extraction technologies," said Perlowin.
Division Seven - Research and Development
While Research and Development has been an integral part of Hemp, Inc. since day one, a more formal research and development project is planned to begin in Puerto Rico in 2019. Hemp, Inc. met with many Puerto Rican officials to get an idea of what the regulations to grow hemp would be and start the process to gain permits to grow as soon as possible. The main focus in Puerto Rico is to first get a contract for land with an agriculture license to grow hemp. Several land opportunities have been identified and are in negotiations. The second focus is to find a building(s) suitable for drying facilities and extraction units. Because of the devastation from the last 2 hurricanes and the economic downfall in Puerto Rico, there are many buildings available. Many of the regions have buildings to offer at very affordable prices. Hemp Inc. has visited many properties and have several that would be suitable for hemp processing purposes.
In December 2018, Hemp Inc. was invited to participate in a study on hemp by the University of Mayaguez. Hemp, Inc. was chosen as one of the two private growers to participate in the study. The private study will include testing 3 different soil amendments, 4 different cultivars, various spacing scenarios, water usage and numerous other important growing data. The study will give Hemp, Inc. access to the database created by the study, which will contain important data on growing hemp in the Puerto Rican environments.
Many important connections have been made already, including meeting with the Department of Agriculture. Puerto Rico is ready for a game changer like hemp to help their economic struggles. As of February 12, 2019, the Governor of Puerto Rico signed a bill making hemp legal. This could really speed things up for Hemp, Inc. especially considering the fact that Puerto Rico has three growing seasons, as opposed to one in almost all the other states.
Division Eight - Industrial Hemp Investments and Joint Ventures
Hemp, Inc. recently established the eighth division (Industrial Hemp Investments and Joint Ventures). Since the passing of the hemp bill, Hemp, Inc. has been flooded with inquiries of people who want to invest in the hemp industry but don't know where to start. As the Avant-guard of the industrial hemp industry, Hemp, Inc. has put together numerous joint venture investment opportunities for the medium to large-scale investor. Those who are interested should email ir@hempinc.com. Multi-million dollar, and in some cases billionaires and billion- dollar hedge funds, are aggressively trying to get into the hemp industry since the passing of the 2018 Farm Bill. Our joint venture agreements are that they put up the money and we put up the expertise in a 50/50 revenue share. This will save the large-scale hemp investor two years and dozens of mistakes that they will make without an expert in the hemp industry. This is where Hemp, Inc.'s vast network and resources in the industrial hemp industry come into play because this is something that can easily be provided.
Division Nine - Industrial Hemp Consulting
Hemp, Inc.'s Industrial Hemp and Medical Marijuana Consulting Company (IHMMCC) was recently restructured as its ninth division and is now "Division Nine - Industrial Hemp Consulting". With an influx of public companies wanting to expand into the industrial hemp industry, Hemp, Inc. has been inundated with potential consulting agreements. To keep up, Hemp, Inc. revamped its consulting division to work hands-on with each company to provide its years of expertise. According to Perlowin, there is definitely a sense of a "Community of Companies" whereby a lot of companies are working together to pool their resources, marketing connections and strategies in order to grow simultaneously.
Typically, companies seeking in depth consulting services from Hemp, Inc. pay mostly in stock since cash flow is oftentimes tight during the developmental stage of start-up companies in this industry. Through Hemp, Inc.'s Division Nine - Industrial Hemp Consulting, a wide range of services are forged from the experiences of creating the first publicly trading company in the cannabis sector (Medical Marijuana, Inc.) and having well over a decade of experience in the cannabis industry's public sector. Perlowin, Hemp, Inc.'s chief executive officer also has over five decades in the industry itself.
Division Ten - Entertainment
Hemp, Inc.'s newest division, Entertainment, will cover everything from investing in the movie The King of Pot and other historical movies representing our industry up to the docuseries on the Modern Day History of Hemp. Those interested investing in either one of these ventures should contact Project Manager Chris Tinney at 855-554-6834 or via email chris@christinney.com.
THE UPCOMING DOCUSERIES
Hemp, Inc. entered into an agreement with 2 Manifest Studio, LLC, a Wyoming, Limited Liability Company (VED), to create a documentary and subsequent docuseries over the course of an estimated five years. Per the terms of the agreement, VED will create a feature length film and corresponding docuseries and other video materials about the history of hemp with a strong focus on Hemp, Inc. and other pioneers and companies that are leaders in the modern-day history of hemp. The content will be wholly-owned by Hemp, Inc. 2 Manifest Studio Director Joseph Trivigno and his team have been tracking Hemp, Inc.'s progress, as executives meet with farmers throughout the country to document the company's expansion into new markets. The documentary is expected to be released by 2020. The docuseries is expected to follow the film's release. The film crew will also capture hemp developments in markets around the globe.
SOCIAL NETWORKS
http://www.facebook.com/hempinc (Facebook)
https://www.facebook.com/KingOfPot (Bruce Perlowin's Facebook Page)
https://www.hempincpresents.com (Hemp, Inc.'s YouTube Channel)
FORWARD-LOOKING DISCLAIMER AND DISCLOSURES
This press release
Hemp, Inc. Reports Kansas Hemp Farmers Begin Planting for First Time in Decades
https://www.globenewswire.com/news-release/2019/07/05/1879043/0/en/Hemp-Inc-Reports-Kansas-Hemp-Farmers-Begin-Planting-for-First-Time-in-Decades.html
Digipath provides testing services to Hemp Inc. client operations.
Digipath Labs Awarded Five New Emerald Badges™ for Excellence in Cannabis Testing By Emerald Scientific
https://www.prnewswire.com/news-releases/digipath-labs-awarded-five-new-emerald-badges-for-excellence-in-cannabis-testing-by-emerald-scientific-300879033.html
That’s interesting. the labs are in a good spot to come out with new tech and products aimed at helping the canna industry.
Time for a bounce I have been buying over a year
Digipath, Inc. (OTCQB: DIGP) ("DIGP" or the "Company"), a service-oriented independent testing laboratory, data analytics and media firm focused on the developing cannabis and hemp markets, is pleased to report that Chief Science Officer and Board member Dr. Cindy Orser was cited in an important new article in Forbes titled "Game Of Genomes: The Battle For The King Of Cannabis Strains Is Just Heating Up."
https://mma.prnewswire.com/media/94753/digipath_inc_logo.jpg
The article, written by Forbes contributor Andre Bourque, addresses the messy nomenclature of the current cannabis market wherein an imprecise system of non-scientific names is used to identify and sell cannabis strains, or more accurately cannabis cultivars.
Mr. Bourque refers to Dr. Orser and her colleague Dr. Philippe Henry's assertion that "the cannabis consumer patient often times has no real idea of the composition, consistency or comparability of the cannabis product that they purchase," in their previous peer-reviewed publication "Making Sense of Cannabis Strains through Chemometrics," in Cannabis Science & Technology.
"We are pleased to see this timely article draw attention to the issues faced by today's cannabis consumers resulting from incorrect taxonomy and naming conventions. This is yet another example of Drs. Orser and Henry's transformative work to illustrate and solve this problem," stated Todd Denkin, CEO, Digipath. "With Dr. Orser on board as a true market leader in the science of cannabis, Digipath is committed to improving the way we cultivate, study, test and use cannabis."
As cannabis legalization spreads, marijuana testing becomes big business
https://www.potnetwork.com/news/cannabis-legalization-spreads-marijuana-testing-becomes-big-business
Pot stocks step in to legitimize cannabis testing in the United States.
"...Last month, The Insight Partners released their top ten lists of companies and laboratories in cannabis testing. Las Vegas-based cannabis testing lab Digipath Inc. (OTCQB:DIGP) was named as one of the top market players in North America, and in good form the pot stock subsequently filed a provisional patent for their latest terpene testing technology.
Terpene profiles are used to distinguish different cannabis cultivars from one another, but the marijuana plant naturally uses terpenes to protect itself against pests, mold, and other microbials. According to the team at Digipath, these terpenes can be used as a natural mold repellent that could save cannabis growers thousands of dollars.
“We noticed that certain cultivars fail for mold much more often than others, and it can be tied to their terpene chemoprofile,” Cindy Orser, Digipath’s Chief Science Officer, explained in Monday’s press release. “We sought to take advantage of the production of terpenes by cannabis plants as naturally-derived microbial control agents.”
When it comes to mold testing, there is a one percent failure rate in Nevada. But other legalized states like California are seeing up to twenty percent of their flowers fail mold tests. The new testing method developed by Digipath would use the plant’s natural defense system as a healthier and safer alternative to traditional or even synthetic fungicides and help protect the plant and the people using it.
Digipath’s latest testing method could definitely be under Insight’s umbrella of “novel opportunities” in cannabis testing. States across the country are updating their pesticide and fungicide approval lists, but the cannabis industry is growing faster than they expected. Finding a safe and natural alternative is one unique step toward a safer and more regulated industry, and it will be exciting to see what the testing market continues to come up with over the next five years..."
Nosing out the cannabis competition: U.S. patent sniffs IP rights for terpene-based pesticide
https://www.thegrowthop.com/cannabis-business/cannabis-small-business/nosing-out-the-cannabis-competition-u-s-patent-sniffs-intellectual-property-rights-for-terpene-based-pesticide
Digipath files provisional patent for terpene technology to help put a stopper on costly mould infections in cannabis and hemp cultivation
“Mould presents a difficult problem for many cannabis cultivators, resulting in a failure rate of approximately 10 percent flower harvests in Nevada, with higher failure rates in California,” the company reports. “Mould infections cost cultivators significant money and time, and present potential health risks for consumers,” it adds.
With regard to pesticides, “through its testing lab operations in Nevada, Digipath has observed a roughly one percent failure rate of cannabis flower submitted for testing due to pesticide issues. Results in neighbouring states like California are significantly worse, upwards of 20 percent in some areas,” the company press release states.
Though the company’s efforts are focused on its core market of cannabis, Digipath’s “science team believes that there are other large agricultural markets for this technology.”
can someone explain why no interest in this stock
Digipath, Inc. (OTCQB: DIGP), a service-oriented independent testing laboratory, data analytics and media firm focused on the developing cannabis and hemp markets, is pleased to announce that The Nevada Department of Taxation has reported marijuana sales results for 2018 and 2019 to date here; showing a continuing increase in volume in the state. This corresponds with the increased demand Digipath is experiencing for its governmentally required cannabis testing services in Nevada.
https://mma.prnewswire.com/media/94753/digipath_inc_logo.jpg
In March alone, the State of Nevada reported record cannabis sales of just under $60 million. March is historically a stronger month for legal marijuana transactions with 31 days, and this year had five weekends. March sales surpassed February results for record average sales of $1.9 million per day. Recreational sales were $53.6 million, up $11.1 million from February, while medicinal sales were off by $800,000. Overall, March 2019 sales grew by 20% compared to March 2018.
Digipath's sales volume increases are reflective of Nevada's overall results, with Digipath's March 2019 revenues increasing by 20% from February 2018.
"The continuing increase in cannabis sales in Nevada validates our business model," stated Todd Denkin, CEO, Digipath, Inc. "As one of the most trusted testing labs in Nevada, we directly benefit from increased cannabis sales in the State. As Nevada matures as a market and with our initial Research and Development well behind us, we believe Digipath is prepared to scale rapidly and elegantly," added Denkin.
About Digipath, Inc. (OTCQB: DIGP)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, Inc. (OTCQB: DIGP), a service-oriented independent testing laboratory, data analytics and media firm focused on the developing cannabis and hemp markets, is pleased to announce that The Nevada Department of Taxation has reported marijuana sales results for 2018 and 2019 to date here; showing a continuing increase in volume in the state. This corresponds with the increased demand Digipath is experiencing for its governmentally required cannabis testing services in Nevada.
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In March alone, the State of Nevada reported record cannabis sales of just under $60 million. March is historically a stronger month for legal marijuana transactions with 31 days, and this year had five weekends. March sales surpassed February results for record average sales of $1.9 million per day. Recreational sales were $53.6 million, up $11.1 million from February, while medicinal sales were off by $800,000. Overall, March 2019 sales grew by 20% compared to March 2018.
Digipath's sales volume increases are reflective of Nevada's overall results, with Digipath's March 2019 revenues increasing by 20% from February 2018.
"The continuing increase in cannabis sales in Nevada validates our business model," stated Todd Denkin, CEO, Digipath, Inc. "As one of the most trusted testing labs in Nevada, we directly benefit from increased cannabis sales in the State. As Nevada matures as a market and with our initial Research and Development well behind us, we believe Digipath is prepared to scale rapidly and elegantly," added Denkin.
About Digipath, Inc. (OTCQB: DIGP)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
yes once all testing is standardized across every state Digp will do well and if they get approved for patterns to the moon
I watched some of the FDA meeting. I think this is huge for DIGP. Sounds like testing of CBD is imminent. That will be a LOT of new business.
yes good point also were I live the recreational shops can not keep up with demand you can only order one of each product in some cases I have a lot riding on DIGP $$$ Good luck to you
interesting. thanks for your feedback jaymes. I agree with your assessment.
the field test kit they propose hopefully will solve a difficult challenge for law enforcement and hemp producers. should save them expensive formal testing costs and time...
sounds like digipath also provides testing of soils and other testing needs of farmers/producers in addition to plant product testing...services and products by digipath may scale nicely as market/customer needs become known...cheers.
My opinion is DIGP has a lot of seasoned professionals on its team this will play in the companies favor once you have compliance with standard testing across the board in every state I think this will happen once the FDA gets involved.
I believe they have a good management/science team and business plan. hopefully they are wise and prudent with finances and don't misuse share increases, which likely are needed short term to cover reasonable expenses prior to profit streams from the ventures they've announced.
looking forward to news on the patents/products they have in work and expansion plans in foreign markets for testing services.
what are your thoughts on the current situation jaymes?...thanks.
seems to a lot of good news and potential with DIGP how do you think the increase of authorized share will affect the share holders if passed
Vegas’ Digipath Labs introduces portable cannabis testing kit
https://www.potnetwork.com/news/cannabis-news-briefs-ncia-lobby-days-under-way-colorado-breaks-sales-records-walmart-looking
"...Digipath Labs of Las Vegas is now introducing a new portable cannabis testing module which can tell growers the level of THC in their plants at all stages. Referring to hemp THC limits, Digipath chief scientist, Dr. Cindy Orser, says bluntly, all that law enforcement wants to know, is "can they reliably test this plant, and find out who has exceeded the strict .03 THC limit." But issues around testing have confounded the hemp experts. Some states want to test the upper or flower parts of the plant, while others have agreed to combine all parts of a CBD/hemp plant to “average” out the overall THC. Carpio notes that the USDA must still resolve if the THC limit is based upon just delta-9 percentages, or the total amount of THC, THCa, THCv, and other trace THC elements found in the plant. A new statewide California requirement to submit a recent (30-day) certificate-of-analysis for seed sellers, may again delay widespread hemp farming there..."
this stock has really been in the dumps I hope good news comes soon
The breakthroughs in cannabis research are remarkable. Digipath Labs is proud to have played an intricate role in the study of cannabis through collaborative efforts with companies like VSSL out of British Columbia, Canada. We have supplied data to VSSL that we have collected from the over 24,000 cannabis samples we have received in Southern Nevada. The tremendous growth of the Las Vegas medical and recreational markets has provided a real opportunity for scientists to truly understand this complex plant.
Designer weed strains will probably not take over the entire market but will certainly appeal looking for specific medicinal benefits of cannabis.One of the most remarkable outcomes of cannabis research is the creation of designer weed strains. Numerous studies and testimonials have shown that cannabis derivatives can treat anxiety, chronic pain, depression and serve as an anticonvulsant. However, when the marijuana flower is smoked in it’s natural form it can also trigger anxiety and other side-effects many people would rather avoid. Designer weed strains are meant to extract the cannabinoid and terpene combinations from the cannabis plant to pinpoint certain effects consumers are looking for. Other less desirable effects will also be removed. Terpenes play a larger role than just being the source of plants’ smell and taste, they also work with cannabinoids to affect how consumers feel.
Dr. Philippe Henry from VSSL was recently interviewed by Rolling Stone Magazine to discuss his work and how it has lent to the development of these strains. A number of companies are working to produce and commercially offer these designer strains to remove the unknown element for patients and consumers. Many of these cannabis products will be in concentrate form. Since the plant is being broken apart and reassembled, concentrates are the logical route. However, science is far enough along that concentrates are not the only path companies can pursue.
“And yet designer weed isn’t just made in a lab; it can also be grown. At Flowr, a cultivation company in Canada, Deron Caplan is using a 62,000-square-foot facility to grow weed to target ailments like insomnia or opioid addiction. ‘We have the ability to control the breeding process,’ says Caplan. ‘We can produce it the same every time.’ According to Dr. Philippe Henry of the Canadian cannabis tech company VSSL, alleviating anxiety remains one of the leading goals of designer strains. ‘Sometimes people have tried it and had a panic attack,’ he says. ‘So it’s about targeting those people and saying, ‘It’s OK to smoke weed.’?”
With the aid of the data from Digipath Labs, Dr. Henry was able to construct terpenoid cluster diagrams that could lead to a new naming convention for cultivars. It is reasonable to expect that as research gains a better grasp of the plant and technologies continue to develop, the landscape of the cannabis industry will also change overtime. While the recreational cannabis consumer may always be interested in consuming the cannabis plant in traditional ways, the consumers specifically interested in the medicinal benefits of cannabis are likely to be more drawn to these designer strains. Our focus remains on protecting the consuming public by ensuring Las Vegas cannabis products are safe and properly labeled.
Read more at RollingStone.com
yes they test everything related to cannabis so at some point we will see the FDA get involved and regulate the testing and that will huge in my opinion. Digp has 9 standard test that have to perform they are doing 10 to collect information
Does DIGP test cbd and hemp?
Fda is getting into the game.
I wonder how big cannabis can really get. I mean there is still a ton of it available on the black market, and only a small portion of people actually smoke the stuff.
Cbd can be for everyone. Two years ago no one knew what it was. Today it’s everywhere.
that will change soon I hope I hold a large amount of shares if all works out this company is under valued the q is due out on may 15
No one knows about this company. It's a shame
yes they have a great business plan the volume will have to pick we are early in the game because testing is so new the fda will have to get involved to set the standards this will really help digp
This stock has low volume, until the volume increases it's hard to predict! What's most important is the company business plan and how they are executing and it appears they are executing their mission. Digipath makes other labs up there game, the Colombia connection could be huge!
lots of shares being slowly sold off let news come soon we need a bounce this might test 0.13
this will move at some point facts all will have to be tested Digp test are more strict because they keep data this will be huge its like having the combination for the perfect crop less waste
All is definitely quiet here. I'm surprised investors haven't discovered yet that testing is REQUIRED, and no other company can do this work. I'm curious what the upcoming FDA meeting will reveal. . .
The Las Vegas City Council voted yesterday on a resolution to legalize marijuana consumption lounges. The idea passed with a 4-1 vote.
As a result, marijuana consumption lounges are now legal within Las Vegas city limits. Of course, these businesses will be heavily regulated. As reported by the Las Vegas Review-Journal, rules for consumption lounges will include:
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•Only adults 21 and older will be allowed to enter lounges.
•Lounges will not be allowed to sell or provide any actual cannabis. Instead, patrons must bring their own flower.
•Lounges will be allowed to sell paraphernalia.
•Consumption sites must be at least 1,000 feet from schools and casinos. Similarly, they must also be at least 300 feet from other protected institutions, such as churches.
•All marijuana consumption lounges must meet strict requirements for odor control, fire safety, air quality, sanitation, and security.
•Additionally, marijuana consumption taking place inside the lounges cannot be visible to the public.
For now, the state will only grant licenses to open a lounge to those already sanctioned to run a dispensary.
On the surface, this seems to contradict the rule that lounges cannot sell weed. But instead of being located inside the actual dispensary, weed consumption lounges will be separate from and adjacent to the retail space.
To open a lounge, business owners must apply to the city for a special use permit. The permit costs $5,000 annually.
this will be huge
this stock goes up on no news goes down on good news so I will go long and hold in my opinion the will be huge if Digp can open new labs and get patterns hemp will be like the gold rush with the passing of farm bill remember all will have to be tested
9:00 am ET May 1, 2019 (PR Newswire) Print
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 it has entered into an agreement to provide pharmaceutical grade analysis and testing services to One World Pharma (OTC Pink OWPC), a Colombian cannabis producer, using compliant lab equipment and processes under ISO:17025 or similar guidelines that will meet all necessary Colombian and international standards. The agreement gives Digipath its first commercial customer in Colombia.
https://mma.prnewswire.com/media/94753/digipath_inc_logo.jpg
One World Pharma is licensed to produce and manufacture raw cannabis and hemp plant ingredients for both medical and industrial uses in Colombia with significant approvals and Colombian relationships in place, including permission to cultivate 13 different THC strains. Under the agreement, once Digipath establishes its testing laboratory in Colombia through its newly formed Colombian subsidiary, Digipath Labs SAS will be the exclusive testing lab for One World Pharma's cannabis and hemp products. Digipath intends to expand its service offerings in Colombia for One World Pharma to include soil and water testing, genetic testing, field testing, in-process and post-harvest quality assurance.
"We could not be more pleased to launch our commercial efforts in Colombia with One World Pharma," stated Todd Denkin, CEO, Digipath. "We are working with a company we expect to soon be one of the leaders in the international export of clean and safe cannabis. This is a tremendous new opportunity for Digipath as we continue our efforts to become the preeminent brand in cannabis testing and quality control."
"Digipath is a proven and innovative leader in the field of cannabis analysis and diagnostics and a perfect scientific collaborator as we begin to rapidly scale operations in Colombia," stated Brian Moore, Chief Operating Officer, One World Pharma. "We are intent on ethically growing the finest cannabis crops and manufacturing the highest quality cannabis ingredients for export and integrating Digipath at nearly every phase is essential."
yes this is very hard to trade someone has a lot of shares they are holding tight. we could be in to early if we get news this will fly with more states going to medical and recreational and as long as todd opens more labs and obtains patterns we should be ok and watch for dilution
The volume is horrible. Very illiquid at the moment. Weird. Does anyone know this company exists? I like it but it's difficult to trade
slow motion today
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