Davis, California, USA
November 24, 2020
Arcadia Biosciences, Inc.®(Nasdaq: RKDA), a leader in science-based approaches to enhancing the quality and nutritional value of crops and food ingredients, today announced it has signed a distribution agreement with Tritium 3H, Inc. (T3H), a Canadian hemp seed company based in Lethbridge, Alberta, that specializes in hemp field testing, certified seed production, commercialization and distribution of industrial hemp varieties for the Canadian market.
T3H will distribute Arcadia’s GoodHemp seed varieties and genetics in Canada once they have been certified by the Association of Official Seed Certifying Agencies (“AOSCA”) and Health Canada. The initial varieties distributed will include:
- Umpqua: CBD dominant, early photoperiod variety for both the smokable and CBD extraction markets. Prized for its unique terpene profile.
- Rogue: CBD dominant, high yielding intermediate photoperiod variety for the CBD extraction markets. Brings exceptional yields under low planting densities.
- Santiam: CBD dominant, early photoperiod variety with exceptional utility in northern latitudes for both the smokable and CBD extraction markets. Delivers step change yield potential.
Said Arcadia CEO Matt Plavan, “This agreement solidifies our plans to accelerate the commercialization of Arcadia’s hemp genetics internationally and affirms market demand for our portfolio of superior GoodHemp varieties. We’re proud to partner with a well-respected distributor like Tritium 3H to bring our CBD dominant, short day varieties to Canada’s industrial hemp growers.”
Continued Plavan, “Our GoodHemp varieties were field-tested extensively in regional and national trials by the T3H and Arcadia teams. Working closely with T3H, we expect AOSCA certification in mid-December, Health Canada certification in February and significant commercial sales in the spring prior to the planting season.”
Added T3H CEO Jayme Hunter, “We’re pleased to add Arcadia’s high CBD, early maturing varieties to our portfolio. They’ve performed extremely well in our field trials allowing us to offer field proven, feminized, and compliant hemp genetics appropriate for all of Canada’s unique climatic regions. Arcadia’s genetics will provide market leading value to Canadian industrial hemp growers.”
For more information about GoodHemp’s unique seed varieties, visit www.growgoodhemp.com.
About Arcadia Biosciences
Arcadia Biosciences (Nasdaq: RKDA) is a leader in science-based approaches to enhancing the quality and nutritional value of crops and food ingredients. The company’s GoodHempTM seed catalog delivers genetically superior hemp seeds, transplants and extracts, applying the company’s proprietary crop innovation technology, ArcaTech™, to an emerging crop. The company’s GoodWheat™ branded ingredients deliver health benefits to consumers and enable consumer packaged goods companies to differentiate their brands in the marketplace. For more information, visit www.arcadiabio.com.
About Tritium 3H
Tritium 3H works collaboratively with breeders, producers and end users to bring well adapted hemp varieties with superior performance traits to market. It’s the goal of T3H to maximize value and return for partners at each step of the supply chain. For more information, visit www.growtritium.com.
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