Segra International Pilots 1SHIFT Logistics Software for Cannabis Tracking and Sensors
October 04 2019 - 6:00AM
LiteLink Technologies Inc. (“LiteLink”)
(CSE:LLT) (OTC:LLNKF) (FRA:C0B), 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 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 a 90-day trial for real-time
tracking, tracing and reading key temperature sensors to improve
visibility on how critical freight is operating during transport to
drive out a better customer experience, potentially lower insurance
costs through visibility, and building history trends of data
across different geographical locations of client destinations to
improve the logistics process.
“As Segra prepares to launch Canada’s first commercial cannabis
nursery, real-time tracking and monitoring of our precious plantlet
cargo is a critical layer to our quality assurance program,” said
Segra Chief Business Development Officer Ian Davidson. “We are
optimistic that LiteLinks technology can provide exceptional
service and peace of mind for our clients.”
The current 1SHIFT Platform has been designed with digital
tracking, automatic shipments, notifications, and exception and
problem management all from the tip of a mobile device.
To learn more about 1SHIFT, schedule a demo of the solution, or
request to be a trial participant, please visit
www.1shiftlogistics.com or email
kent.churn@1shiftlogistics.com.
About LiteLink Technologies Inc.LiteLink
Technologies Inc. (CSE:LLT) (OTC:LLNKF) (FRA:C0B)
is a major player in developing world-class enterprise platforms
that utilize artificial intelligence, blockchain, and predictive
analytics to solve fragmented and outdated technology problems in
the logistics and digital payment industries. Our flagship 1SHIFT
logistics platform offers real-time transparency and tracking which
allows brokers, shippers, and carriers to track shipments and
settle payments in real-time.
For investor relations, please contact Yana Bobrovskaya at
604-307-2553 or email investor@litelinktech.com.
About Segra InternationalSegra is an
agricultural technology company offering innovative services that
accelerate the advancement of the cannabis industry to better serve
society. The Company’s plant tissue culture and genomics
technologies, coupled with an evolved cannabis business ecosystem,
empower its clients to drive financial performance and mitigate
risk, while exploring the next frontier of optimized cultivation
practices for the rapidly evolving cannabis consumer. Segra is
developing industrial-scale laboratories to produce disease-free,
robust, and DNA-fingerprinted cannabis plantlets for licensed
producers globally. To support this vision, Segra has assembled a
world-class team of specialists in the fields of agronomy,
molecular genetics, plant tissue culture, and regulatory
compliance. Segra currently has agreements with many leading global
cannabis producers, including the Canadian licensed producers HEXO
Corp., Agripharm Corp., and The Supreme Cannabis Company Inc.
To learn more about Segra, please visit
http://www.segra-intl.com/.
Forward-looking StatementThis news release may
contain certain “Forward-Looking Statements” within the meaning of
the United States Private Securities Litigation Reform Act of 1995
and applicable Canadian securities laws. When used in this news
release, the words “anticipate”, “believe”, “estimate”, “expect”,
“target”, “plan”, “forecast”, “may”, “schedule” and other similar
words or expressions identify forward-looking statements or
information. These forward-looking statements or information may
relate to the nature of the business of LiteLink, and other factors
or information. Such statements represent LiteLink’s current views
with respect to future events and are necessarily based upon a
number of assumptions and estimate that, while considered
reasonable by LiteLink, are inherently subject to significant
business, economic, competitive, political and social risks,
contingencies and uncertainties. Many factors, both known and
unknown, could cause results, performance or achievements to be
materially different from the results, performance or achievements
that are or may be expressed or implied by such forward-looking
statements. LiteLink does not intend and does not assume any
obligation, to update these forward-looking statements or
information to reflect changes in assumptions or changes in
circumstances or any other events affections such statements and
information other than as required by applicable laws, rules and
regulations.
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