Chem ID's cloud-based data platform is designed to provide solutions that ensure the integrity and security of chemical data.
Through this partnership, ACI and CMC members will have access to technology that can help ensure product authenticity and quality.
Utilization of AI
said Alex Andrawes, CEO of Chem ID. “Chem ID is building chemical data management solutions that advance the industry toward maturity by leveraging powerful AI tools to improve product development, process flow, risk mitigation, cost efficiency, and future-proofing. did.
“The result is a transparent industry focused on public safety through truthful representation, which builds consumer trust and confidence.”
He explained to NutraIngredients that the company leverages algorithms that analyze various data sources to complete the certificate of analysis, and that these multiple data sources are used to verify the accuracy of the certificate. pointed out that it is important.
Over the past two years, Chem ID has developed algorithms that are extensively trained to test data related to hemp and cannabis, he says.
“Comparing certificates of analysis results with corresponding metadata ensures the authenticity, verification, and security of chemical data. To achieve this, we utilize blockchain technology to hash the data. Masu.”
Andrawes said that while some aspects of the algorithm remain proprietary, it primarily relies on multiple trusted sources and a set of rules to determine the validity of a certificate.
The rules for evaluating the data provided by AI technologies are determined by existing rules established by government authorities as well as by your own business logic rules.
For example, they look for fraud, such as submitting one sample to multiple labs to get a favorable result, and conflicts of interest between service providers, Androuz explains.
He said the partnership is expected to give ACI and CMC members the confidence to expand market access and explore new business growth opportunities.
ACI
ACI is a membership organization dedicated to promoting a safe and legal commercial cannabis extract market in the UK and Europe.
Dr. Parveen Batala, Regulatory and Compliance Officer at ACI, said: “By partnering with Chem ID, we are taking a step forward in ensuring transparency and trust in the supply chain for CBD products.
“By leveraging Chem ID's technology, we can provide our members with the tools they need to meet regulatory requirements and drive growth in the legal cannabis extract market.”
CMC
CMC is an organization involved in medical cannabis research, advocacy, and policy reform.
Professor Trevor Jones, chief scientific adviser to the CMC, said the CMC aims to drive standards and regulation for the UK medical cannabis industry.
He said the partnership aims to increase consumer, retailer, regulator, patient and prescriber confidence and confidence in the rapidly growing cannabis industry.