ANALYZER: Improved Smartphone App
MyDX Inc., La Jolla, Calif., launches its feature-rich CannaDx™ smartphone app for both iOS and Android platforms.
Along with the wireless, multi-use MyDx™ hand-held chemical analyzer and its CannaDx sensor, this smart phone app is an integral component of the MyDx CannaDx system (now being distributed by Nanolux Technology) . Version 1.0 delivered a cannabis test’s Total Canna Profile™ (“TCP”) that goes beyond THC to encompass 20 or more key cannabinoids and terpenes, with compounds measured and combinations analyzed to correlate to a user’s feeling and ailment relief.
The latest CannaDx App is a major, next generation upgrade. Owners of the MyDx CannaDx system are able to more precisely build their own database and intelligent algorithms incorporating their own individual response to differing chemical profiles. This includes cataloging their personal subjective effects as well as to access the anonymous data of many thousands of chemical profiles entered by other CannaDx users.
“MyDx is all about empowering the consumer and prosumer alike,” said Daniel Yazbeck, company chairman/CEO. “This major upgrade to the CannaDx Smartphone App will simplify the ability for users to enter or download just the desired amount of information and data, more quickly than ever.
“Further, it also provides users with the tools for uploading or downloading more-robust data, or generating a more-sophisticated analysis of personal or aggregated MyDx community data quickly and conveniently in a user-friendly interface.
MyDx Inc. (OTCQB: MYDX), a chemical detection and sensor technology company based in San Diego, developed MyDx, a patented, affordable portable analyzer that provides real-time chemical analysis and fits in the palm of consumers’ hands. The multi-use MyDx leverages over a decade of established electronic nose technology to measure chemicals of interest. With its Canna sensor commercialized, it has four other sensors being developed in its lab that are compatible with the MyDx Analyzer and App.
“MyDx will now focus its R&D efforts primarily on the new MyDx chemical analyzer sensors in its development pipeline that will detect pesticides in food, chemicals in water, and toxins in the air, and we are very much excited about making announcements related to those verticals sooner than people might expect,” Yazbeck said.
Complete Vertical Data Solution
Guardian Data Systems, Vancouver, Wash., launches ROAR™ (Resource Optimization, Accounting & Reporting) , an enterprise resource planning (ERP) platform developed expressly for the fast-growing cannabis industry, according to Guardian CEO Lance Ott.
Utilizing a mature ERP platform already employed by manufacturers of highly regulated consumer products, chemicals, and food manufacturers with rigorous quality assurance standards, ROAR meets the ever-increasing demand for more timely responses and improved procedures.
“We’ve taken a mature, established ERP platform and tailored it to the cannabis industry,” says Guardian CEO Lance Ott said. “We have created a solution that alleviates business-management pain for cultivators, processors and retailers in one of the nation’s fastest-growing industries.”
[box] ROAR’s key differentiators include:
• Cross-organization automated and connected processes and procedures;
• Support of most complex business structures and business elements, involving multiple organizations, currencies, tax structures, accounting schemas, and languages;
• Real-time dashboards and reporting for improved and quicker decision making;
• Configurable workflows, secure data flows, approval processes, business rules, reporting tools and user windows address unique business requirements.
One of the most confusing aspects of the cannabis industry, which beleaguers growers, processors and retailers alike is state and federal regulatory compliance. “We offer a compliance services engine as part of ROAR,” Ott said. “All federal and state regulations are coded into the system, so the interface is seamless wherever a supplier or retailer is doing business, even across multiple states, with local compliance regulations in place that are updated as rules and regulations change, allowing users to feel confident they are mitigating their risk of non-compliance.”
Aside from providing cannabis-based businesses with transparency and credibility, ROAR’s mobile-enabled platform is connected and integrated across multiple devices – computers, tablets and smartphones – giving stakeholders the flexibility needed to keep pace with business. The platform is designed to readily and effectively integrate and communicate with other systems, including point-of-sale (POS), webstores, customized software, and other applications and is expected to quickly become a leader in automation solutions for an emerging market that is currently lacking in reliable technology solutions designed to create sustainable performance.
“With ROAR, Guardian Data Systems brings essential solutions used by Fortune 500 companies to the cannabis industry,” SB Ventures CEO Ty Camp said. “This platform helps manage complex business issues facing this emerging market by bringing transparency and key performance indicators (KPIs) to owners, operators, investors and state regulators.”
PACKAGING: Online Design Tool
Kush Bottles Inc., Los Angeles, now offers an online system that allows customers to design custom-branded packaging solutions. This tool will make it easier for customers to place orders, which is expected to lead to a higher conversion rate and a better ROI.
The online tool is scalable, and not only meets the needs of a rapidly growing market, but also provides the framework for long-term customer relationships.
“This technology allows us to instantly scale up and meet the needs of an ever-increasing number of customers, without the need for additional labor or expense,” said Nicholas Kovacevich, Kush Bottles CEO/co-founder. “We also have created a built-in incentive for our customers to remain loyal, which provides stability, forecastable revenues, and the fuel for continued growth.
“We are no longer simply a distributor of generic packaging products,” he added. “We are now also a branding, design, and technology agency that is able to build our customer’s brands and engineer unique, effective, and unduplicated packaging solutions.”
VIDEO: “Cannabis 101”
PORTLAND, Ore. — Cannabis Collaborative Conference (CCC) launches “Cannabis 101,” a series of instructional videos for entrepreneurs looking to enter the cannabis industry.
Cannabis 101 was produced using footage from more than 70 speakers and 30 sessions given at the 2016 Cannabis Collaborative Conference and includes content from experts in all areas of the industry.
Highlights of Cannabis 101 include:
- Oregon Regulatory Updates from Steve Marks, OLCC Executive Director;
- 280E – Save Tax Dollars– Learn how to minimize the impact of code section 280E. Learn what expenses are included in COGS and also what expenses are deductible;
- Dispensary/ Retailer Session – Learn from experts how to prepare a business plan that will assist in finding investment dollars to fund a cannabis business. Important info on executing a license application, understanding compliance and in starting a retail cannabis business;
- Producer/ Processor Session – Information to create a timeline for a build-out of a grow, inclusive of identifying property and the most efficient design, as well as build-outs of a commercial kitchen or concentrates lab;
- Packaging Your Product – Learn how to set a brand apart through unique packaging offerings accompanied with a marketing driven approach;
- Seed-to-Sale Technology – Software solutions and integration with the state system. Find out what is needed to track an operation, while learning how to be most efficient with workflow;
- Investing in the Cannabis Industry – A review of the law and regulations concerning who can invest in the cannabis industry and how, both directly and indirectly. Offers suggestions on maximizing investor participation;
- State of the Affairs from an Overarching Industry and Federal Perspective – Aaron Smith, NCIA;
- Concentrates, Extracts and Edibles – Understand the intricacies and how they fit into the marketplace. Also: regulations for packaging and labeling;
- Sourcing the Right Products and Services for a Grow Operation – Understand how to source the right product for a grow operation, cultivation techniques, and the value in choosing the right lab for testing;
- Creating a Powerful Brand – Proper branding is necessary to put a powerful punch behind a business: three marketing professionals offer mind-blowing recommendations;
- Understanding Risk Exposure– Navigate the legal risks of entering the cannabis space through a panel covering the many facets of potential legal exposure, investment, employment, policy, local jurisdictional regulations, and nuances of applications;
- Genetic Sequencing to Drive Traditional Cannabis Breeding – Basic science around cannabis genetics that will allow it to advance as fast as the rest of the agricultural world. By linking particular traits, such as pest-resistance, to specific genetic markers and using DNA sequence to “read” those;
- New Technology for Indoor Growing – Integration of new technologies, including automated controls, LED lighting and numerous sensors into the horticultural environment promise efficiency and success;
- Wholesaler and Distributor Workshop – Learn from experts that currently own distribution businesses and are making the transition into the adult use space. Topics include compliance, building strategic partnerships, product procurement and methods for creating strong distribution sales;
- Cliff Robinson- “Uncle Spliffy” – Speaks about being a passionate cannabis advocate who firmly believes that the herb helped him deal with the physical and mental stress of being a professional athlete for 18 years.
“For the first time on video, entrepreneurs looking to get into this industry find everything they want to know about running a successful cannabis business,” said Mary Lou Burton, CCC producer. “We’re offering more than 24 hours of video that covers everything from business plan to sales.”
Cannabis 101 educational videos are available online at https://ccc-con.com for $149 unlimited access or $29 for 48-hour access.
Cannabis 101, the Cannabis Collaborative Conference, and the Cannabis Creative Conference are produced by Portland-based Bravo! Event, which, for nearly 30 years, has produced large-scale corporate, trade and social events throughout the Pacific Northwest.