CannLabs Inc. (OTC: CANL), a respected authority and advisory to commercial, governmental, and educational entities within the cannabis industry, recently announced that its StrainData subsidiary would provide certified testing data to the Amercanex Cannabis Exchange, the first fully-electronic cannabis marketplace where cultivators, wholesalers, and vendors can exchange goods.

“Powered by CannLabs’ analytics, this partnership will provide the wholesale market with the most trusted testing data in the industry,” said CannLabs Inc. CEO Mark Mirken in a recent press release discussing the partnership with the Amercanex Cannabis Exchange. “StrainData’s technology is a unique application providing a ‘Carfax’ like resource for the wholesale market.”

The StrainData search engine features “CannLabs Certified” cannabinoid profiles for an exclusive network of premium cannabis providers. By empowering growers and dispensaries to share their testing data in real-time, the platform offers exchange members the ability to make informed decisions when purchasing cannabis in order to ultimately improve business for suppliers and experiences for customers.

“By integrating the highly-sophisticated StrainData technology into our marketplace offer, Americanex members can quickly identify laboratory tested product before point of sale,” said Americanex CEO Steve Janjic. “This advancement provides our members with the additional value-added services they need amid ever-changing reporting regulations and enhanced certainty for buyers who are demanding lab-certified cannabis.”

CannLabs launched StrainData in January as a subsidiary of its Carbon Bond Holdings Inc. division as a way to combine independent cannabis research and laboratory testing data with popular strains, edibles, and concentrates currently on dispensary shelves throughout Colorado. The platform enables every level of the cannabis supply chain to make more informed decisions when purchasing product.

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