DigiPath Leverages Nevada Foothold to Expand in 2016
GreenWave Advisors Founder Matthew Karnes once called cannabis testing “the most attractive subsector of the industry” adding that it could generate close to a billion dollars in revenue by 2020. With a growing number of states legalizing recreational and/or medical marijuana, there’s a growing need for a cohesive cannabis testing framework to avoid many of the problems created by inadequate initial laws passed in states like California and Colorado.
DigiPath Inc. (OTCQB: DIGP) recently opened a state-of-the-art cannabis testing laboratory in Nevada – a state with some of the toughest testing regulations in the country. By leveraging its experience in the best possible initial market – given its strict testing standards and enormous potential to become a cannabis tourism destination, the company aims to replicate its success across the United States in order to unify testing standards.
Recently, CannabisFN’s Mike Elliott sat down with DigiPath Inc. CEO Todd Denkin to discuss some of the company’s latest moves and upcoming catalysts.
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