Market Herald logo

Subscribe

Be the first with the news that moves the market
  • SpotLite360 IOT Solutions (LITE) is partnering with Control Union to create exclusive global hemp supply chain certification
  • The initial certification will leverage partnerships with seed genetic companies, hemp farmers to consumer supply chain best practices
  • Peterson Control Union has operations in more than 85 countries
  • They have more than six thousand employees and contractors that have audited commodities of all types for over 100 years
  • Peterson Control Union boasts many of the largest corporations in the world as their customers
  • Spotlite360 IOT Solutions, Ins. (LITE) is up 13.04 per cent, trading at C$0.13 at 12:45 pm EST

Spotlite360 IOT Solutions (LITE) is partnering with Control Union to produce, market and deliver an exclusive global hemp supply chain certification.

The initial certification will leverage partnerships with seed genetic companies, hemp farmers and hemp extraction/processing companies to develop a seed, to product, to consumer supply chain best practices.

Control Union, a Peterson Control Union company, will help author the standard and will audit companies against this standard to guarantee consistent product quality, chain of custody, proof of origin, environmentally sound practices, sustainable sourcing and prove of ESG initiatives.

The standard will leverage SpotLite360 Technologies and its unique supply chain-focused tracing and tracking capabilities, leveraging RFID and IoT technologies to ensure real-time data and visibility throughout the entire partner ecosystem.

Peterson Control Union has operations in more than 85 countries.

They have more than six thousand employees and contractors that have audited commodities of all types for over 100 years and are delighted to add plant-based hemp products to their portfolio.

“In Control Union we are always finding new ways and areas to innovate, and we believe that hemp has the potential to be a key product in the near future,” said Malcolm Graham, Managing Director for Control Union Canada.

“We are pleased to be working with SpotLite360, frontrunners in the sector, by providing our certification services,” added Graham.

Peterson Control Union boasts many of the largest corporations in the world as their customers.

They have a significant history supporting and auditing commodities certifications and process standards for biofuels, sugar, palm oil, soy, and many other commodities.

SpotLite360 has incorporated ICCert, Inc. as a wholly-owned subsidiary to exclusively operate this new global initiative called “The C Standard”.

This seed-to-sale, plant-based hemp supply chain certification will leverage SpotLite360’s technology platforms across the entire partner ecosystem of companies to ensure compliance and successfully pass the Control Union audits.

James Greenwell, President and CEO SpotLite360 said “This new C standard will bring the hemp industry in line with globally recognized GAP.”

“Global industries can now have visibility to and proof of product origin, authenticity, quality, sustainability practices and ESG compliance of hemp-based products as they traverse the supply chain,” concluded Greenwell.

From its roots in agricultural inspections, Peterson and Control Union have been operating for 100 years in the field of logistics, quality, certifications, and risk management. 

SpotLite360 is a logistics technologies solutions provider unlocking value, opportunities, and efficiencies for all participants in a supply chain.

SpotLite360 IOT Solutions, Inc. (LITE) is up 13.04 per cent, trading at C$0.13 at 12:45 pm EST.

More From The Market Herald

" Satellos Bioscience (TSXV:MSCL) changing the way we think of degenerative muscle diseases

Satellos Bioscience (MSCL) has filed a patent application with the US Patent and Trademark Office.

" NervGen Pharma (TSXV:NGEN) announces US$15M private placement

NervGen Pharma (NGEN) has announced a non-brokered private placement for gross proceeds of US$15,225,000.

" Feeding our plant-based future

One of the fastest-growing segments today is the plant-based industry, as the push towards cleaner lifestyles, eating habits, and sustainable living choices fuel

" Salona Global (TSXV:SGMD) expands product distribution

Salona Global (SGMD) has signed an agreement to distribute the Hyperice suite of products and delivered 600 units of its newly launched Mio-Guard.