CannLabs Inc. (CANL) Announces StrainData web tool

DENVER, Colo., Jan. 28, 2015 (GLOBE NEWSWIRE) — via PRWEB - CannLabs, Inc. (CANL), the leading provider of proprietary cloud-based analytics and scientific testing methodologies relating to cannabis, today announced the launch of a new web application, StrainDataTM . StrainData, which will operate as a subsidiary of Carbon Bond Holdings, Inc., combines independent cannabis research and laboratory testing data with popular strains, edibles and concentrates currently on dispensary shelves throughout Colorado.

Using patent-pending technology, the StrainData search engine features CannLabs certified cannabinoid profiles for an exclusive network of premium cannabis providers. By empowering growers and dispensaries to share their testing data in real-time, StrainData offers consumers the ability to make informed purchasing decisions when selecting cannabis.

“Powered by CannLabs’ analytics, it combines the most trusted testing data in the industry with leading scientific research on how various cannabinoids affect the body,” said Mark Mirken, Chief Executive Officer, CannLabs, Inc. “StrainData technology is a unique application providing an invaluable resource for both recreational and medicinal marijuana consumers.”

Mirken continued, “The ability for StrainData to scale into other legalized cannabis markets will drive additional revenue opportunities for CannLabs, Inc. It creates a platform from which dispensaries and growers will realize greater exposure for their CannLabs certified products.”

“In order for the cannabis industry to grow and safely reach its potential, it needs a trusted, objective resource,” added Mirken. “StrainData is the perfect solution for industry stakeholders. Every product on StrainData has gone through the exact same testing regimen, creating an objective, consistent analysis of fresh harvests.”

CannLabs and its licensees are strong advocates for developing a cannabis market that offers both quality assurance and safety for the consumer. StrainData amplifies CannLabs’ commitment to its clients, and the industry at large.

ABOUT CANNLABS, INC.

CannLabs, Inc., is a respected authority and advisor to commercial, governmental and educational entities focused on the cannabis industry.

Through Carbon Bond Holdings, Inc., the Company licenses cannabis testing methodologies, proprietary cloud-based business intelligence, data/analytics and consulting services to garner revenues from legalized cannabis states and their constituents. The Company has licensed cannabis-testing laboratories in Colorado and Connecticut and robust intellectual property, including the patent-pending technology utilized in its newly launched web application, StrainDataTM.

For more information visit http://www.cannlabs.com.

Safe Harbor Statement

All statements herein other than statements of historical facts are forward-looking statements. These statements are based upon our current expectations and speak only as of the date hereof. Such statements are not guarantees of future performance and are subject to known and unknown risks and uncertainties that could cause our actual results to differ materially from those expressed or implied in such forward-looking statements. Such factors include, but are not limited to, our ability to raise additional capital, our limited operating history and revenue, our ability to attract and retain qualified personnel, our ability to develop new services, market acceptance of our services, legislative, regulatory and competitive developments in our industry, general economic conditions, as well as other factors set forth in our filings with the SEC.

CONTACT:
Company
William Livermore
Public Relations
917-620-0774
william.livermore(at)cannlabs.com
http://www.cannlabs.com

Investor Relations
Matthew Selinger
Senior Vice President — MZ North America
949-298-4319
mselinger(at)mzgroup.us
http://www.mzgroup.us