Advantis to sub-licence N2 Packaging Systems’ technology to marijuana dispensaries

26 June 2016 (Last Updated June 26th, 2016 18:30)

US-based Advantis (ADVT) has entered a deal to sub-licence N2 Packaging Systems' patented packaging technology to marijuana dispensaries.

US-based Advantis (ADVT) has entered a deal to sub-licence N2 Packaging Systems' patented packaging technology to marijuana dispensaries.

ADVT works with developing companies to provide new healthcare and holistic pain management solutions, as well as improve its presence in the legal cannabis business.

N2 has developed a packaging system that helps seal cans for freshness, longer shelf life and target branding.

"N2 Pack technology allows suppliers to better track, store and market their products to dispensaries and consumers."

The company also allows organisations to have brand labels on each container, and track packages using radio-frequency identification (RFID) technology.

ADVT director Woo Kim said: "N2 Pack technology allows suppliers to better track, store and market their products to dispensaries and consumers.

"This packaging process is the future of the cannabis industry; it will allow providers to better manage inventories and charge a premium for products with superior shelf-life and freshness."

ADVT has secured rights to a packaging machine and licence to sub-licence the product and process to marijuana dispensaries in California, Oregon, and Washington, US.

The company has already agreed to sub-licence two Southern California dispensaries with over 14,000 units per month.

ADVT CEO Christopher Swartz said: "Providing critical agricultural and processing equipment, packaging and delivery solutions, and innovative extraction methods are all necessary parts of the process that brings cannabis to the public.

"We want to make sure we are at the forefront of this industry and create synergy to complement all of our other efforts to 'grow' within the marijuana business."

ADVT is also involved in the acquisition of developing companies that work within the nutraceutical and the alternative health care industries.

The company consults with these organisations to enhance product lines, expand distribution channels through internal partnership agreements, and improve brand value.