US (CA): Arcadia Biosciences announces new business unit dedicated to cannabis

Arcadia Biosciences has announced the company will apply its expertise to a new crop: cannabis. "With the establishment of Arcadia Specialty Genomics, the company is dedicating a first-of-its-kind strategic business unit to the optimization and standardization of cannabis plant content, quality, climate resiliency and yield. Arcadia Specialty Genomics intends to conduct its business only in federal and state markets in which its activities are legal.", the team with the company points out. 

“Within the rapidly growing legal cannabis industry, we see enormous opportunity in – and demand for – improved plant quality, productivity, consistency and resilience. With this new operating unit, Arcadia Specialty Genomics, we are qualified as a proven crop improvement company equipped to address the legacy challenges facing a plant that until recently was largely grown unlawfully.”, says Raj Ketkar, president and CEO of Arcadia Biosciences.

"Arcadia Specialty Genomics will develop novel cannabis varieties possessing productivity, pest resistance and crop quality traits for license to cultivators, and for products serving the nutraceutical and food industries. These developments are made possible through a proprietary approach combining conventional breeding, Arcadia’s advanced screening and breeding technology known as TILLING and gene editing. Through this process, plant populations carrying desirable, high-value genetic characteristics are identified, isolated and bred to reproduce.", the company continues. 

“Our near-term focus will be acquiring federal and state licensure in key geographies to launch our research and pilot programs, for which we expect to begin operations in early 2019. In parallel, we are evaluating key partnerships to extend our capabilities vertically, maximize shareholder value and establish Arcadia Specialty Genomics as the leading science-driven company and genetics innovator for cannabis.”

For more information:
Arcadia Biosciences
T: (530) 756-7077
F: (530) 756-7027 

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