DigiPath Continues to Add New Clients in Las Vegas Cannabis Market


Spencer Schredder

March 7th, 2016

News, Top News


DigiPath Inc. (OTCQB: DIGP), an independent cannabis testing and media firm, recently announced a new one-year agreement with Silver Sage Wellness LLC. Under the agreement, the company will leverage its state-of-the-art testing equipment and reliable testing methodologies to measure potency, cannabinoids, terpenoids, moisture content, foreign matter, heavy metals, microbials, mycotoxins, and pesticide residues.

Recently, CFN Media Group caught up with DigiPath CEO Todd Denkin to discuss the company’s upcoming plans in the burgeoning Las Vegas market.

While many public companies operate dispensaries, such as Nutritional High International Inc.’s (CSE: EAT) (OTCQB: SPLIF) joint venture operations, the cannabis testing industry has relatively few companies providing high quality services following its recent shake-out. GreenWave Advisors believes that cannabis testing could generate close to a billion dollars worth of revenue by 2020 and founder Matt Karnes called it “the most attractive subsector”.

Investors in traditional laboratory testing may also want to take a closer look at the company given its unique focus on a rapidly growing industry. For instance, investors in Pschemedics Corporation (NASDAQ: PMD) or Enzo Biochem Inc. (NYSE: ENZ) may want to take a closer look the company, especially as it’s gaining traction in the market.

Read the entire press release here:

DigiPath Labs, a subsidiary of DigiPath, Inc. (OTCQB: DIGP), has just signed a one-year agreement with another Nevada medicinal cannabis grower, Silver Sage Wellness, LLC. DigiPath Labs will use its state-of-the-art testing equipment and reliable testing methodologies to determine safety and potency profiles of Silver Sage Wellness cannabis products.

“DigiPath Labs is ecstatic to partner with Silver Sage Wellness,” says Todd Denkin, CEO of DigiPath, Inc. “The growers at Silver Sage are committed to growing and producing clean and safe cannabis products here in Nevada, and we look forward to a long term partnership.”

“We were really impressed with DigiPath Labs’ testing and consulting services,” says a representative of Silver Sage Wellness. “DigiPath Labs is helping us achieve our goal to provide the best in class medical marijuana, and medical marijuana infused products for our patients.”

DigiPath Labs’ state-of-the-art Las Vegas laboratory was developed to elevate the standard for cannabis testing. The team carefully selected equipment and verified standard operating procedures to ensure accurate, reliable and replicable results.

Silver Sage Wellness is a fully licensed medical cannabis cultivator, producer, and dispensary located in Clark County, Nevada.

DigiPath Labs will test cannabis grown by Silver Sage Wellness for potency, terpenoids, moisture content, foreign matter, heavy metals, microbials, mycotoxins, and pesticide residue. They will also test all of their oils, extracts and other cannabis products as well.

“Even though it’s just the beginning of the cannabis industry in Nevada, we are still leading the way with the most stringent testing when compared with other states,” says Denkin. “Silver Sage Wellness has dedicated themselves to top quality products for the patients of Nevada, and we look forward to helping them help patients.”

To learn more about DigiPath Labs, visit www.digipathlabs.com.

About DigiPath, Inc.

DigiPath, Inc., supports the cannabis industry’s best practices for reliable testing, education, and training, and brings unbiased cannabis news coverage to the nation. DigiPath’s two business units are DigiPath Labs and TNM News Corp.

For more information, go to www.digipath.com.

About Silver Sage Wellness

Personally touched by the need of alternative medicines, Pam and Jim Blasco have invested themselves in providing quality medicinal marijuana care to the Las Vegas Valley through Silver Sage Wellness.  Throughout the Center’s creation is a thoughtful process of in house cultivation of top strains of cannabis, chosen for their medicinal qualities that would benefit the entire scope of patient needs.  Through controlling the growth and production of the cannabis plants that they provide while working with top producers in the industry for the highest quality extracts and concentrates, Silver Sage Wellness is dedicated to being the first choice wellness center for those seeking high quality medication. For more information on Silver Sage Wellness go to http://www.sswlv.com/ or find us on Facebook at https://www.facebook.com/sswlv/

Information about Forward-Looking Statements

This press release contains “forward-looking statements” that include information relating to future events, and future financial and operating performance. Forward-looking statements should not be read as a guarantee of future performance or results, and will not necessarily be accurate indications of the times at, or by, which that performance or those results will be achieved. Forward-looking statements are based on information available at the time they are made and/or management’s good faith belief as of that time with respect to future events, and are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in, or suggested by, the forward-looking statements. Important factors that could cause these differences include, but are not limited to: the Company’s need for additional funding, governmental regulation of the cannabis industry, the demand for the Company’s products, the introduction of new products, the Company’s ability to maintain customer and strategic business relationships, the impact of competitive products and pricing, growth in targeted markets, the adequacy of the Company’s liquidity and financial strength to support its growth, and other information that may be detailed from time-to-time in the Company’s filings with the United States Securities and Exchange Commission. For a more detailed description of the risk factors and uncertainties affecting DigiPath, please refer to the Company’s recent Securities and Exchange Commission filings, which are available at www.sec.gov. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.

Contact:

DigiPath, Inc.

Investor Relations

702.470.2249

info@digipath.com

Spencer Schredder

About Spencer Schredder

Mr. Shredder has over a decade of experience in the financial markets as both a private investor and financial journalist.

Disclaimer: Except for the historical information presented herein, matters discussed in this article contain forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. Emerging Growth LLC dba TDM Financial, which owns CannabisFN, 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. Emerging Growth LLC dba TDM Financial, which owns CannabisFN, may from time to time have a position in the securities mentioned herein and will increase or decrease such positions without notice. For making specific investment decisions, readers should seek their own advice and that of their own professional advisers. Emerging Growth LLC dba TDM Financial, which owns CannabisFN, 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. For full disclosure please visit: http://www.cannabisfn.com/legal-disclaimer/.



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Disclaimer: Except for the historical information presented herein, matters discussed in this article contain forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. Emerging Growth LLC dba TDM Financial, which owns CannabisFN, 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. Emerging Growth LLC dba TDM Financial, which owns CannabisFN, may from time to time have a position in the securities mentioned herein and will increase or decrease such positions without notice. For making specific investment decisions, readers should seek their own advice and that of their own professional advisers. Emerging Growth LLC dba TDM Financial, which owns CannabisFN, 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. For full disclosure please visit: http://www.cannabisfn.com/legal-disclaimer/.

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