VANCOUVER, British Columbia, Oct. 04, 2019 (GLOBE NEWSWIRE) — LiteLink Technologies Inc.[1] (“LiteLink”) (CSE:LLT) (OTC:LLNKF) (FRA:C0B[2]), a key player in logistics platforms and payment solutions, is pleased to announce that it has signed a Memorandum of Understanding (MOU) with Segra International (“Segra”) to establish a strategic go-to-market alliance to pilot 1SHIFT Logistics[3] software for cannabis tracking.
Segra, a cannabis agriculture technology company, specializing in plant tissue culture and molecular genomics, and produces disease-free, robust, and true-to-type cannabis plantlets that will be packaged and shipped to licensed producers globally.
LiteLink will use its 1SHIFT Logistics software to provide Segra with the ability to know exactly where the plantlets are and provide real-time and historical temperature readouts, as well as total travel time logs. This will improve Segra’s ability to manage the quality of its products as well as provide real-time updates to awaiting customers, which include some of the top Canadian licensed producers.
“It is clear the cannabis industry will only continue to grow exponentially over the near term,” said LiteLink CEO Ashik Karim. “With growth only comes the demand for real-time product location awareness and logistics coordination. With our deep relationship with Segra, we intend to deliver an automated suite of applications that drive down the dependency on manual follow-ups, reducing the blame game for issues with delivered goods, and arm all parties with information to ensure partner relationships are kept honest and profitable. We could not think of a better time to kick off this initiative.”
The 1SHIFT Platform’s new GPS and sensory capabilities can be applied in the cannabis industry as well as within any industry that requires the shipment of sensitive materials – from live products to plants to perishable food items.
Segra and LiteLink will run