Applied DNA Enters into Master Services Agreement with Flora Growth for Cannabis Validation and Authentication, Secures First Statement of Work Contract

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Sep 08, 2021

Applied+DNA+Sciences%2C+Inc. (NASDAQ: APDN) (Applied DNA or the “Company”), a leader in Polymerase Chain Reaction (PCR)-based DNA manufacturing and nucleic acid-based technologies, today announced that it has entered into a Master Services Agreement (the “MSA”) with Flora Growth (NASDAQ: FLGC) (Flora) to deploy the Company’s CertainT® platform as part of Flora%26rsquo%3Bs+global+cannabis+product+validation+and+authentication+platform for consumers, distributors, and government regulators. Concurrently, the Company received a Statement of Work (SOW) under the MSA from Flora to implement its CertainT platform and supply related equipment and services for three locations (1 in Florida; 2 in the Republic of Colombia), where the Company’s molecular tags will be applied to quantities of Flora’s cannabis flower and derivatives, as well as select products in their portfolio. Financial terms of the SOW were not disclosed.