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COO Rex Kary Says FluroTech is Ready to Go to Market with Cannabis Testing Device

Steven Lachard by Steven Lachard
October 10, 2018
in Executives, Marijuana Stocks, Video
FluroTech CompleTest Cannabis Testing Device

FluroTech's CompleTestโ„ข Device

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FluroTech Ltd. (TSXV:TEST) COO Rex Kary recently conducted an interview at the Vancouver studio of Proactive Investors with news about their cannabis testing device that is set to hit the shelves very soon.

Mr. Kary also touched on the company’s roadside screening device that he claims will be released by the end of the year, and why two key team members in the company are making a big difference in its development.

FluroTech 101

FluroTech Ltd. is a self-described “technology and marketing company whose core business is focused on the commercialization of new technologies in the cannabis industry.”

“FluroTechโ€™s proprietary spectroscopy-based technology allows for the testing and identification of organic and inorganic compounds contained within biological samples derived from cannabis plants. Using the technology that was developed at the University of Calgary in conjunction with the University of Alberta, FluroTech has developed a two-part solution comprising an instrument called the CompleTestโ„ข and consumable testing kits.”

Theย CompleTestโ„ข device is a “portable, cost-effective, state-of-the-art cannabis testing device. It provides quick, accurate, and consistent testing results. Itโ€™s designed for cultivators, dispensaries, and anyone with a vested interest in consumer safety to test the quality and safety of their cannabis products and optimize potency yield.”

Competition for CompleTest?

GemmaCert Marijuana Testing Device

Similar devices that the CompleTestโ„ข device may compete with include the Israeli-designedย GemmaCert desktop analyzer, which combines spectrometry, image analysis, and data analytics, to provide a real-time, reliable solution for measuring cannabis composition and potency. Results are delivered directly to a proprietary secure app on your smartphone.

GemmaCert, although a private company, has raised millions of dollars in funding from investors including Applied BioSciences Corp. (OTC:APPB),ย NEO Ventures, and Arba Finance.

Also, MyDx Inc. (OTC:MYDX) developed MyDxยฎ (My Diagnostic), the first multi-use handheld chemical analyzer that can test for pesticides in the food you eat, chemicals in the water you drink, toxins in the air you breathe, and last but not least the safety and potency of your cannabis samples.

Conclusion

As all of the testing devices are fairly new to the cannabis industry, we’ll be watching to see how market share gets divided going forward. In the meantime,ย be sure to subscribe toย Cannabis Stock Updates hereย so you never miss an important update.

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Tags: FluroTech Ltd.TSXV:TEST

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Steven Lachard

Steven Lachard

Steven Lachard is a staff writer for MJobserver.com with a particular focus on marijuana stocks. Beyond MJobserver.com, Steven's pot stock insights have been featured on TalkMarkets.com and more.

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DISCLAIMER: DMO Holdings Corp., which owns The Daily Marijuana Observerโ„ข (MJobserver.com), is not registered with any financial or securities regulatory authority, and does not provide nor claims to provide investment advice or recommendations to readers of this release. DMO Holdings Corp., which owns MJobserver.com, may from time to time have a position in the securities mentioned herein and will increase or decrease such positions without notice. Before making specific investment decisions, readers should seek their own professional advice and that of their own professional financial adviser. DMO Holdings Corp. or its affiliates, which owns MJobserver.com, may be compensated for its services in the form of cash-based and/or equity- based compensation in the companies it writes about, or a combination of the two.

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