AI
Tuesday, March 28, 2017 11:23:03 AM
This is a huge deal that was done with MYDX and Arrow Electronics which trades on the NYSE under the ticker of ARW to have them be the ones who will provide the behind the scenes major support. It's been confirmed that... Arrow will manage its supply chain, provide manufacturing support for its line of consumer-oriented analyzers, offer technical support, and extend a line of credit.
Arrow Electronics is a $22.7 Billion company:
https://mjbizdaily.com/fortune-150-company-partners-with-ancillary-cannabis-firm/
Fortune 150 Company Partners With Ancillary Cannabis Firm
MyDx, a maker of handheld chemical analyzers that allow consumers to check the potency of marijuana strains, has struck a deal with Arrow Electronics, a Fortune 150 company, under which Arrow will help manufacture the analyzers and provide other services and credit for San Diego-based MyDx. ...
...In a press release, MyDx said Colorado-based Arrow will manage its supply chain, provide manufacturing support for its line of consumer-oriented analyzers, offer technical support, and extend a line of credit. MyDx, which was founded in 2013, didn’t disclose the size of the credit facility.
In addition to cannabis, the company’s battery-operated analyzers allow consumers and others to test the organic properties of food, water and air.
MyDx’s CannaDX sensor, in particular, can be used to test cannabis flower for THC and CBD percentages as well as more than 20 terpenes.
The company said the data generated by the analyzer will provide “you with an accurate prediction of how this cannabis will make you feel and what symptoms it can potentially alleviate.”
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Sterling
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