U.S. Markets open in 19 mins

Cultivation Technologies Selects Industry Leaders for Cannabis Compliance and Quality Initiative: FOCUS Standards and ROAR Enterprise Software

IRVINE, Ca., May 10, 2017 /PRNewswire-iReach/ -- Cultivation Technologies, Inc. ("CTI"), a leader in medical Cannabis infrastructure, science, and branding, announced today its initiatives surrounding compliance and quality assurance programs for its facilities.

The cannabis industry is maturing to meet the demands of consumers and state agencies to proactively deliver safe, repeatable processes that meet California's proposed MCRSA guidelines. CTI's commitment to deliver premium medical cannabis products will be guided by two related critical systems: Foundation of Cannabis Unified Standards (FOCUS) for quality standards and assessment, and Guardian Data Systems' ROAR for operations management and seed-to-sale tracking.

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 World Health Organization guidelines known as Good Manufacturing Practices (GMP). This system ensures that products are consistently produced according to globally established quality standards that diminish the risks inherent in any production process.

"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 Lezli Engelking, FOCUS Founder.

CTI has also selected ROAR by Guardian Data Systems as its ERP. With over a half century of combined experience, Guardian Data Systems is the premier provider of business and financial services to the cannabis industry throughout the United States. This critical integrated platform will fulfill the proposed California state requirements for process transparency.

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.

Lance Ott, CEO of Guardian Data Systems, applauds the decision, "CTI is at the forefront of cannabis production in the largest market in the world. Their selection of ROAR as their ERP clearly indicates their desire to use best-in-class partners with proven experience."

Justin Beck, Chairman of Cultivation Technologies, explains how these two distinct, industry-leading platforms will address the complexities of compliance "CTI goals are to effectively manage a complex organization featuring multiple entities and transactions, to demonstrate non-diversion of product, to provide stakeholders with full transactional visibility, and to utilize broadly accepted standards which are regarded as best practices by industry leaders."

Further information about CTI and the Coachella Cannabis campus are available at CultivationTech.com.

Accredited investors may request a copy of Cultivation Technologies' 506(c) private placement memorandum by visiting CultivationTech.com/investors.

About Foundation of Cannabis Unified Standards (FOCUS)

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.

About Guardian Data Systems

Guardian Data Systems is the industry leader in providing specialized and comprehensive business services to the cannabis industry. Guardian's ROAR is the most complete cannabis software with Enterprise Resource Planning (ERP) and Point of Sale (POS) solutions vertically integrated across all your operations. Whether your Cannabis business focuses on growing, processing, testing, dispensing, delivering, or all of the above, the ROAR cannabis software solutions have you covered. We give you the power to automate, gain insight into your data, stay compliant and control costs.

About Cultivation Technologies, Inc.

Cultivation Technologies, Inc. provides infrastructure, brands and genetics to the legal medical cannabis industry. The first major project for the company is in Coachella, California which will span 111,500 square feet including (4) cultivation centers, (3) manufacturing facilities, a testing lab, and a distributor and transportation hub. The company expects to replicate this in other municipalities in California, including its second location in Colusa, California.

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.

Media Contact: Justin Beck, Cultivation Technologies, Inc., 888-851-9802, justin@cultivationtech.com

News distributed by PR Newswire iReach: https://ireach.prnewswire.com