Just recently GeekWire reported a Seattle-based startup called DeepCell Industries raised more than $400,000 to expand its operations, which are focused solely on technology for companies that make cannabis-infused products.
DeepCell Industries, a Seattle startup that helps develop technology for cannabis-infused products and brands, has raised $410,000 to fuel growth. DeepCell doesn’t engage in the manufacture or distribution of cannabis products. Instead, the company develops the technology and then licenses it to distribution partners.
An industry or business sector as removed from the public eye as any is the technology innovation achieved through biotech, pharmaceutical, and medical research. Yet so much of our health depends on it, and so much controversy derives from companies like Monsanto and Pfizer and medicinal chemicals found in cannabis. Even more remote are companies that do the scientific research and develop the technology that facilitates the product extraction and licenses out the enabling technology.
DeepCell™, an emerging technology development company focusing on material science, microfluidics, and cannabinoid molecule discoveries, has announced a licensing agreement with Green Labs, LLC, a licensed cannabis producer-processor, for the manufacture and distribution of their first product, Ruby Cannabis Sugar™, throughout Washington State.
*No cannabis products are manufactured and/or distributed by DeepCell. DeepCell licensed cannabis products are manufactured and distributed by DeepCell licensees with the appropriate state license(s).