GLOBALLY Accessible Strain Identification & Registration · variety (e.g., using a cannabis clone...

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GLOBALLY Accessible Strain Identification & Registration CUSTOMER Introduction MAY 2018 TICKER: DNAX.V

Transcript of GLOBALLY Accessible Strain Identification & Registration · variety (e.g., using a cannabis clone...

Page 1: GLOBALLY Accessible Strain Identification & Registration · variety (e.g., using a cannabis clone to create hybrid seeds) CONTRACTS § Restriction on use of seeds/clones possible

GLOBALLY Accessible Strain Identification & Registration

CUSTOMER Introduction MAY 2018 TICKER: DNAX.V

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ALL CURRENCY AMOUNTS ARE IN CAD UNLESS STATED OTHERWISE

This corporate presentation constitutes “forward-looking statements.” within the meaning of applicable Canadian securities laws. Forward-looking

statements can be identified by the use of the words such as “anticipates,” or “believes,” “budget,” “estimates,” “expects,” or “is expected,”“forecasts,” “intends,” “plans,” “scheduled,” or variations of such words and phrases or state that certain actions, events or results “could,” “may,”“might,” “will,” “would,” or be taken, occur or be achieved. These forward-looking statements relate to, among other things, our future results, levels

of activity, performance, goals or achievements or other future events. These forward-looking statements are based on current expectations andvarious assumptions and analyses made by us in light of our experience and our perceptions of historical trends, current conditions and expectedfuture developments and other factors we believe are appropriate in the circumstances. These forward-looking statements involve known and

unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in our forward-looking statements.

These factors may cause our actual performance and financial results in future periods to differ materially from any estimates or projections of futureperformance or results expressed or implied by such forward-looking statements. Forward-looking statements do not take into account the effectthat transactions or non-recurring or other special items announced or occurring after the statements are made have on our business. For example,

they do not included the effect of asset impairments or other changes announced or occurring after the forward-looking statements are made. Thefinancial impact of such transactions and non-recurring and other special items can be complex and necessarily depends on the facts particular toeach of them.

We believe the expectations represented by our forward-looking statements are reasonable, yet there can be no assurance that such expectationswill prove to be correct. The purposed of the forward-looking statements is to provide the reader with a description of management’s expectations

regarding our anticipated financial performance and may not be appropriate for other purposes. Furthermore, unless otherwise stated, the forward-looking statements contained in this report are made as of the date of this report and we do not undertake any obligation to update publicly or torevise any of the included forward-looking statements, whether as a result of new information, future events or otherwise unless required by

applicable legislation or regulation. The forward-looking statements contained in this document are expressly qualified by this cautionary statement.

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A new cannabis industry is emerging, and using the power of blockchain, BLOCKStrain has developed the most comprehensive, community driven cannabis genetics archival platform dedicated to making it safe and conformable for breeders and growers, large and small, to protect and release their varieties into the public domain, all while being compensated and rewarded.

OUR VISION

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BlockStrain is an integrated Blockchain platform that registers and tracks cannabis IP from genome to sale.

The main advantage of BLOCKStrain is to ensure product licensing and authenticity providing assurance of revenue, and more importantly, product integrity and safety.

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The Problem IS Legitimate

New jurisdictions are looking to regulate and legalize a substance that was recently exclusive to the black market

A primary goal for regulators is to “establish an efficient, accountable and transparent system for regulatory oversight of the supply chain in order to protect youth and combat organized crime” (see source).

This requires a system that collects and manages a tremendous amount of data including pesticide use, quality control, as well as possession limits and servings sizes in order to VALIDATE and VERIFY products

The cannabis plant is the key asset with superiority based on factors such as:§ Yield of seed§ Fiber§ Cannabinoid content§ Response to regional or cultivation environments

Growth characteristics§ Flavor and aroma through terpine profiles

Exclusivity of a particular genetic strain will be extremely important in this growing industry

Source: A Framework for the Legalization and Regulation of Cannabis in Canada, the Task Force on Cannabis Legalization and Regulation

Intellectual Property Rights Protection

Establish and Prove Lineage of Medical

Grade Cannabis

Regulation and Compliance

Quality ControlPublic Safety

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Existing Strategies for Protecting a Cannabis Strain in the Marketplace

UTILITY PATENTS:Regularly issued for:§ Plants§ Extraction methods§ Formulation methods§ Nutraceutical combinations§ Growing techniques§ Hardware§ No express prohibition on cannabis

PLANT PATENTS§ Covering asexually reproducible varietals

(clones)§ Relatively inexpensive.§ Coverage is narrow§ Does not cover sexual reproduction on the

variety (e.g., using a cannabis clone to create hybrid seeds)

CONTRACTS§ Restriction on use of seeds/clones possible

via material use agreements, trade secret agreement or technology use agreements

§ Contracts only bind parties§ No protection against third parties§ Smart contracts are a possible solution

Now is the time for a truly decentralized blockchain platform for cannabis strains

TRADEMARKS§ Strain name can be protected by

Trademark Law§ Significant value attributed to brands§ U.S. Patent and Trademark Office often

rejects cannabis and marijuana related applications

§ Actual use in interstate commerce required§ Interstate commerce involving cannabis

products is currently illegal in the U.S.

PLANT VARIETY PROTECTION§ The Plant Variety Protection Act ("PVPA") is

another option for protecting plant and seed varietals

§ PVPA is a voluntary program to provide patent like rights to developers, breeders and owners of plant varietals

§ Similar to patent protection§ Protects new, distinct, uniform and stable

plants§ Does not limit scope of patent law

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Trust, Protection and legitimacy For the Cannabis industrySEED FARMS &

GENETICISTS

Utilizing our proprietary blockchain technology, we developed the Strain Variety Protection Platform to protect small and large breeders, producers, consumers and government.

BREEDERS & GROWERS

CULTIVATORS

PRODUCERS

MANUFACTURERS

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We Protect everyone9

The mission is to deliver immutable cryptographically secure blockchain technology to establish a global single source of truth for cannabis strains and their ownership

Quantifying genetics, potency and equivalencies between cannabis products is crucial to the future of legal marijuana

PROTECT PRODUCERS & DISTRIBUTORS

PROTECT PATIENTS & CONSUMERS

PROTECT BREEDERS, GROWERS & CULTIVATORS

the new standard in global cannabis verification

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The main characteristics of BLOCKStrain

Preserving integrity of data and creating an

audit trail(non-repudiation)

IMMUTABILITY

The automatic execution of

business logic when specified criteria are met

SMART CONTRACTS

All participants can see a

uniform view of data, updated in

real-time

SHAREDLEDGER

Ensuring the state of the ledger

represents the agreed-upon truth of all stakeholders

DISTRIBUTED CONSENSUS

Ensuring identity authentication for each transaction

CRYPTOGRAPHY

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BLOCKStrain Is THE Smart Hub For Cannabis

Making the platform truly open and available to everyone, we shape the future and authenticity of the industry through widespread adoption and usage.

By offering a secure API network we've made it easy for testing providers, grow facilities, app and software developers, research groups and major supply chain platforms to build cannabis-centric applications, helping fuel technology and innovation for the industry as a whole.

As compliance and regulation are a critical priority, BLOCKStrainallows for government regulation standards to be adhered to while providing real-time visibility of industry operations to agencies assigned to enforce and regulate all cannabis activity nation wide.

API

OPEN BLOCKCHAIN

UNLIMITED INDUSTRY

INNOVATIONS

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ANALYTICS PRODUCTS

Cannabis Integration EcosystemDELIVERY TRACKING

SocialNetworks

PAYMENTS BRANDINGINVESTORSPRODUCTION NEWS

BLOCKCHAIN

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Canadian Cannabis Public Companies Valuations

COMPANY MARKET CAP TICKER SHARE PRICE

Canopy Growth $4.93 Billion WEED-T $25.63

Aurora Cannabis $4.41 Billion ACB $9.73

WeedMD $168 Million WMD $2.18

Newstrike $389 Million HIP $1.00

Aphria $2.4 Billion APH.TO $14.96

BLOCKStrainProtects Their Inventory & IP

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Applications as of February 5, 2018§ 1.1,630 Received§ 2.265 Refused§ 3.69 Withdrawn§ 4.841 Incomplete (returned)§ 5.414 In Progress

Licenses are only issued once all regulatory requirements are met.

Each application undergoes a detailed assessment, including indepth security checks led by the RCMP and site inspections.

Health Canada conducts compliance and monitoring activities of regulated parties to ensure compliance with the various regulations to the Controlled Drugs and Substances Act (CDSA).

These activities include education, complaint investigations and inspecting licensed sites, or sites applying to be licensed to conduct regulated activities.

Canadian Medical Marijuana Producers & Dispensaries

Province or Territory LicencesNova Scotia 3New Brunswick 2Prince EdwardIsland 1

Newfoundland and Labrador 0

Quebec 6Ontario 48Manitoba 2Saskatchewan 4Alberta 5British Columbia 18Yukon 0Northwest Territories 0Nunavut 0Canada(TOTAL) 89

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Medical GenomicsMedicinal Genomics uses DNA technology to better understand cannabis genetics and develop products that help growers, dispensaries, and testing laboratories ensure the safety and quality of cannabis.

Competitive Landscape

Medicinal Genomics currently has about 1,000 strains registered on the blockchain, approximately 420 of which are publicly accessible through the company's genomic repository, KannaPedia.

KannapediaMedicinal Genomics created Kannapedia to publish on the public Bitcoin Blockchain genetic information obtained using the company’s StrainSEEKIdentification and Registration service.

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Thank You

ADDRESS (HEADQUARTERS)800-1199 West Hastings Street Vancouver, BC Canada V6E 2R1

BLOCKSTRAIN TECHNOLOGY CORP.

MEDIA & INVESTOR RELATIONSPaula Arab(403) [email protected]