Cultivation Technologies, Inc.
Cultivation Technologies, Inc. Launches Genetic Improvement Program for Medical Cannabis; Led by Two Biotech Experts with 70 Years Combined Experience
Monday, May 8, 2017 6:00 AM
IRVINE, CA / ACCESSWIRE / May 8, 2017 / Cultivation Technologies, Inc. ("CTI"), a leader in medical Cannabis infrastructure, science, and branding, announced today that it has formed a specialized Plant Molecular Breeding group which will utilize modern genomic tools to unlock the medical potential of Cannabis.
For thousands of years, Cannabis has been regarded as a plant with numerous beneficial applications, yet the genetic and biochemical profiles of Cannabis have only been summarily explored. CTI plans to uncover the hidden truths within Cannabis while improving yield, quality and consistency. Leading the CTI genetics team is Chief Science Officer Eric J. Mathur, whose exemplary industrial biotechnology career includes the successful improvement of multiple plants through molecular breeding. His work on the rubber-producing desert shrub, Guayule [pronounced why-yoo-lee], resulted in an estimated 10x improvement in yield with dramatically increased crop uniformity and was publicized by Wired magazine.
Mathur is joined by Dr. Robert J. Schmidt, Vice President of Plant Sciences. Dr. Schmidt is an Emeritus Professor at the University of California, San Diego and an elected Fellow of the American Association for the Advancement of Science. Dr. Schmidt is an expert in plant genetics and a leader in the field of crop improvement and plant domestication. Together, Mathur and Schmidt have 70 years of combined agricultural breeding and biotechnology expertise.
With improved strain purity that delivers a consistent chemical profile, medicinal attributes will be defined and delivered with agronomic precision. Mathur explains "We're on the cusp of developing the next generation of Cannabis. CTI's Cannabis domestication program will result in high productivity and disease resistance attributes with uniform and consistent results."
Cannabis domestication has been largely untouched, due to the knowledge and infrastructure required. Mathur details some of this effort, stating "this work involves iterative purification and selection trials of parental lines followed by heterotic crossing blocks designed to produce true Cannabis hybrid cultivars with defined chemical profiles, which have been dialed-in to specific medical maladies. Everyone can benefit from our efforts." The investment CTI is making in genetics and Cannabis domestication is part of their "grow the industry" strategy and follows on the heels of their recent work with the state of California to improve extraction safety and quality via the company-sponsored Assembly Bill 2679.
CTI executive Miguel Motta is no stranger to modern plant sciences and agriculture. A long-time colleague of Mathur & Schmidt, Motta has led large-scale agriculture developments both domestically and abroad. Mr. Motta is passionate about the potential impact his company will have in the near future, adding "CTI is committed to leading the industry with the best available science and operational techniques. Our goal is to deliver the most consistent product with beneficial efficacy. Our techniques are non-GMO and follow our company mandate to use the best practices available and to do so with transparency."
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.
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.
SOURCE: Cultivation Technologies, Inc.