Cultivation Technologies Selects Industry Leaders for Cannabis Compliance and Quality Initiative: FOCUS Standards and ROAR Enterprise Software
The cannabis industry is maturing to meet the demands of consumers and state agencies to proactively deliver safe, repeatable processes that meet
FOCUS is a federal 501(c)(3), not-for-profit whose mission is to protect public health, consumer safety, and safeguard the environment by promoting integrity in the cannabis industry. FOCUS standards are developed according to
"We've been thoroughly impressed with the level of dedication CTI is giving to the development of their manufacturing processes. It speaks volumes about the values of CTI as a company, and their commitment to create safe, consistent, high quality products. We are thrilled to have them on board as a FOCUS Alliance Partner and look forward to their continued success" states
CTI has also selected ROAR by
While the initial integration of ROAR has been completed, CTI's extraction tenant will be the first to implement this process. As it expands, CTI intends to deploy ROAR across all business units for one cohesive system.
Further information about CTI and the
Accredited investors may request a copy of Cultivation Technologies' 506(c) private placement memorandum by visiting CultivationTech.com/investors.
About
FOCUS is a federal, 501(c)(3), not-for-profit organization that develops international standards and third-party certification for the cannabis industry to protect public health, consumer safety, and safeguard the environment. FOCUS is the first organization to create voluntary-consensus standards suitable for accreditation and adoption into regulations by assuring impartiality, balance and transparency in the development process. FOCUS is not a regulatory agency, advocacy organization, or industry trade association. This autonomy fosters a principled, objective environment in which comprehensive standards can be developed. FOCUS Standards provide current good manufacturing practice (cGMP) guidelines for all key areas of the cannabis industry including Cultivation, Retail, Extraction, Infused Products, Laboratory, Security, Sustainability, and Packaging & Labeling.
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DISCLAIMER
This press release constitutes forward-looking statements within the meaning of federal securities laws. Such statements are based on our current beliefs and expectations and are inherently subject to significant business, economic and competitive uncertainties and contingencies, many of which are beyond our control. In addition, such forward-looking statements are subject to assumptions with respect to future business strategies and decisions that are subject to change. Potential risks and uncertainties include, but are not limited to, technical advances in the industry as well as political and economic conditions present within the industry. We do not take any obligation to update any forward-looking statement to reflect events or developments after a forward-looking statement was made. This press release and the information contained herein is not an offer to buy or sell securities and does not contain investment advice.
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