Canadian cannabis producer\u00a0Cronos Group\u00a0has teamed with Boston\u2019s\u00a0Ginkgo Bioworks\u00a0to produce a wide spectrum of cannabinoids, but instead of using soil or rockwool, they\u2019ll be growing cannabinoids with yeast.<\/p>\n
According to a\u00a0statement released Tuesday<\/a>, the two companies have agreed on a plan to merge their two areas of expertise into one effort bound to pump out a variety of cannabinoids, in an industry set to be\u00a0valued over $32 billion in five years.<\/a><\/p>\n The companies say that they\u2019ll focus on creating cannabinoids beyond THC and CBD, because these more obscure cannabinoids are present only at very low quantities in the cannabis plant, making them economically impractical, difficult or impossible to extract at high purity and scale. So, instead of growing fields of plants that offer a minuscule percent of a cannabinoid such as THCV, Cronos and Ginkgo believe their partnership will create a process that\u2019s more economically viable.<\/p>\n \u201cCronos Group is building the world\u2019s most innovative cannabinoid platform,\u201d said Mike Gorenstein, CEO of Cronos Group<\/a>, in the press release. \u201cThe potential uses of cannabinoids are vast, but the key to successfully bringing cannabinoid-based products to market is in creating a reliable, consistent and scalable production of a full spectrum of cannabinoids, not just THC and CBD.\u201d<\/p>\n This is not the first effort of a Canadian company to grow cannabinoids on yeast. For example, in 2016, the Montreal-based company Hyasynth\u00a0successfully grew<\/a>\u00a0cannabigerol (CBG) from yeast.<\/p>\n Ginkgo Bioworks<\/a>\u2018 CEO and Founder Jason Kelly said that his company will be producing rare compounds found in the cannabis plant by genetically engineering the cannabis DNA into yeast that will then be grown in a laboratory.<\/p>\n \u201cLegal cannabis is a multibillion-dollar industry with no signs of slowing down, but providers will need to innovate to keep up with demand for better products, including those taking advantage of rare and difficult to extract cannabinoids,\u201d said Kelly, \u201cEngineering strains of yeast that can produce these cannabinoids via fermentation is a perfect fit for our organism design platform.\u201d<\/p>\n So how will they actually accomplish creating cannabinoids on yeast?<\/p>\n<\/blockquote>\n The words \u201cgenetic modification\u201d or \u201cGMO\u201d don\u2019t appear in the company\u2019s press release, but Ginkgo does admit they\u2019ll be using genetic engineering,\u00a0which is essentially the same thing<\/a>. Ginkgo says they are in possession of the largest library of designed DNA sequences on the planet and that they will be using DNA sequences for cannabinoids and engineering them into yeast strains.<\/p>\n After they transfer the DNA sequence for producing cannabinoids into yeast, Ginkgo says they\u2019ll be able to develop further yeast strains to produce a wide range of cannabinoids in a laboratory.<\/p>\n Cronos plans to fund the process to the tune of $22 million as the research and development makes it to certain milestones. After Ginkgo demonstrates that the freshly spliced microorganisms are capable of producing the target cannabinoids above a minimum productivity level, Cronos Group says it plans to issue up to approximately 14.7 million common shares. According to both parties, if everything goes to plan, the transaction will have a $100 billion value.<\/p>\n It\u2019s worth noting that many cannabinoids themselves are still federally illegal in the United States regardless of which plant they are grown on. However, in Canada \u2014 where Cronos is located, the federal government\u2019s adult-use market is about to come online in October.<\/p>\n TELL US<\/b>, would you buy cannabinoids derived from yeast?<\/p>\n The post Cronos Plans to Grow Cannabinoids With Genetically Edited Yeast<\/a> appeared first on Cannabis Now<\/a>.<\/p>\n
Canadian cannabis producer\u00a0Cronos Group\u00a0has teamed with Boston\u2019s\u00a0Ginkgo Bioworks\u00a0to produce a wide spectrum of cannabinoids, but instead of using soil or rockwool, they\u2019ll be growing cannabinoids with yeast. According to a\u00a0statement released Tuesday, the two companies have agreed on a plan to merge their two areas of expertise into one effortContinue Reading<\/a><\/span><\/p>\n","protected":false},"author":7,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[34,3462,605,50,136,1297,960,5692,170,5685,5693,420,1371,5694],"tags":[],"_links":{"self":[{"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/posts\/29059"}],"collection":[{"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/comments?post=29059"}],"version-history":[{"count":1,"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/posts\/29059\/revisions"}],"predecessor-version":[{"id":29060,"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/posts\/29059\/revisions\/29060"}],"wp:attachment":[{"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/media?parent=29059"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/categories?post=29059"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/tags?post=29059"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}\n
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\nRead More: Cronos Plans to Grow Cannabinoids With Genetically Edited Yeast<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"