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Identiv and TrueGreen Deliver the World's First End-to-End Smart Packaging Technology to Cannabis Industry

RFID-enabled technology secures cannabis products with a unique digital identity FREMONT, Calif., Oct. 25, 2022 /PRNewswire/ -- Identiv, Inc. (NASDAQ: INVE),

articleIdentiv, Inc.October 25, 20224/company/identiv-inc/news/identiv-and-truegreen-deliver-the-worlds-first-end-to-end-smart-packaging-technology-to-cannabis-industry
Identiv and TrueGreen Deliver the World's First End-to-End Smart Packaging Technology to Cannabis Industry

About this update from Identiv, Inc.

[{"type":"text","content":"RFID-enabled technology secures cannabis products with a unique digital identity\nFREMONT, Calif., Oct. 25, 2022 /PRNewswire/ -- Identiv, Inc. (NASDAQ: INVE), global digital security and identification leader in the Internet of Things (IoT), and TrueGreen, a cannabis technology company focused on operational efficiencies through digitizing packaging, today announced the innovative deployment of the world's first smart tamper seal using radio frequency identification (RFID) technology designed to deliver, along with the TrueGreen software as a service (SaaS) platform, digital transformation in the cannabis industry.\n\n \n \n \n \n \n \n\n \nIdentiv's RFID-enabled technology secures cannabis products with a unique digital identityIdentiv and TrueGreen collaborated to develop three new multi-use smart tamper seal designs that were deployed into the market this year. The companies spent over a year ideating, developing, and testing the products to ensure that the tamper seal works on all packaging types and styles across the industry, regardless of material or size. Each tag contains embedded RFID technology that works with the TrueGreen SaaS platform to track SKU-level inventory across the cannabis supply chain. The tags go onto the packaging as a tamper seal when products are placed in their final container. The TrueGreen system can then be used to automate vault inventory reconciliation with compliance systems and also automates order fulfillment and other manual processes, including data entry, as products move throughout a building and to dispensaries. The seals also allow test results and product information to be embedded into the label so the information is delivered directly to consumers in stores and at home. TrueGreen's solution integrates directly into an operator's existing operations and systems; customers are not required to change their existing tech systems or standard operating procedures, or download any new software or applications.\n\"Managing inventory in the cannabis industry can be incredibly complicated because every state has different regulations on packaging, different standards for compliance, and the supply chain issues are endlessly frustrating and changing every day,\" said Katherine Lagow, President, TrueGreen. \"I've been an operator in this space, I know these issues all too well, so it's been a v...

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