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Arcadia Biosciences gets into the cannabis game leveraging its wheat-breeding techniques

Arcadia Biosciences Inc (NASDAQ:RKDA) CFO Matt Plavan tells Proactive investors he will be heading up the agricultural food ingredient company's advancement into hemp and cannabis.

Arcadia Biosciences Inc (NASDAQ:RKDA) CFO Matt Plavan tells Proactive investors he will be heading up the agricultural food ingredient company's advancement into hemp and cannabis.

Plavan says the company has set up its new unit called Arcadia Specialty Genomics to focus on the genetic improvement of hemp and then cannabis. Plavan says the company will use its tilling technology to begin targeting new traits in the plants to improve the content and quality of the cannabis plant.

Quick facts: Arcadia Biosciences Inc

Price: 4.88 USD

NASDAQ:RKDA
Market: NASDAQ
Market Cap: $41.79 m
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