Applied DNA Sciences Inc (APDN)

[powerbattles]

CannAcubed China Media Launch

Published on Dec 8, 2018
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Wednesday 5th December represented the successful official media launch of CannAcubed’s major cannabis project in China.

Held at the beautiful 4-Seasons Hotel in Guangzhou, CannAcubed were joined by their project partners the ‘China Health Investment Fund Corporation ‘(CHIC) representing the China Government, Ling Chen Security - a wholly owned subsidiary and representative of Tencent, HuaFang Industrial Hemp - CannAcubed’s license and cultivation partner, and Stemcell United Limited who represent the R&D arm of CannAcubed globally.

Glenn Davies, Group CEO CannAcubed opened the night by formally announcing CannAcubed's exciting plans to build the worlds first ever Industrial Cannabis Eco Health Park in China.

CHIC brings full policy support and national status showing a strong commitment and continued government support in this exciting fast growth industry.

LCS also held an official signing ceremony on the night with CannAcubed and Devon Ltd, a big data security development firm, to formalize their cannabis big health data project. - the CANNABIS BIG Health DATA PROJECT’, where CannAcubed will provide data from ˜seed-to-sale-to-patient’ and capture data points throughout the cannabis supply chain. The data will be collected as part of a larger national Big-Health database that Tencent Holdings Limited have been developing with local partners.

CannAcubed’s focus will be from tracking inception of an individual plant or crop, through harvest, processing, and distribution, all the way to the point of sale to the consumer and or patient. This will be done by providing visibility into the cannabis ‘chain of custody‘, tracking cannabis activity tied to current regulation, primarily around key compliance factors, with the ultimate aim to create a successful, sustainable and professional cannabis industry that is legitimately, safely and responsibly bringing cannabis to China, and the world.

CannAcubed further articulated that their China project will be the only truly ‘closed loop’ cannabis company anywhere in the word. This means the group has everything locked down from the seed genetics, land and co-op with farming groups for scale, mechanized agricultural procedures, world class processing, intelligent manufacturing, product base and distribution, intellectual property on extraction techniques, word class scientific and engineering teams for new cannabis industry developments around new materials, bio-plastics, higher fibre yields and CBD purity , and several other very exciting new developments that will pioneer the cannabis industry.

Overall, the launch and event was highly successful and drew an incredible amount of interest from local and state government, leading industry experts, universities and some of the countries leading professors, pharmaceutical and medical executives, technology and deep tech companies, dozens of media outlets and investment firms.

The group is planning another major launch in March 2019 with details to come.

CannAcubed is welcoming investment enquiries now into the group as we gear up for planting in March 2019 on over 4000 hectares with expected production of 50 tons of high pharmaceutical grade CBD isolate and Oil. 15 ton per annum has already been pre-sold and we anticipate doubling this in he coming weeks.