Two Kansas City Companies Join Forces for Hemp Farmers
August 05 2019 - 9:00AM
Digital
Ally, Inc. (NASDAQ: DGLY), which develops,
manufactures and markets advanced digital technology products for
law enforcement, homeland security and commercial security
applications, today announced a new partnership with Desoto,
KS-based KMC Brands.
The two companies have agreed to a five-year
exploratory venture to develop a validation program that ensures
that all of the industrial hemp grown and processed by America’s
Hemp Academy is certified and traceable from start to finish.
Working together, the companies are launching a
program that can validate and document the entire process of hemp
farming, processing and distribution. Digital Ally’s technology
will make it possible for KMC Brands to track the hemp production
process from the farmer who plants the seed, to the processor that
makes the oils and by-products to the retailer or distribution
channel. The end consumers will thus know exactly where their
hemp-based product was grown and be able to trace the production
process. Whether it is a consumable, a textile or health and
wellness product, the companies will produce a traceable video to
validate its authenticity and they believe this will assist the
growth of the hemp farming industry in the state of Kansas.
“We are pleased to bring our cutting-edge
technology to Kansas farmers and their educators, and hopefully
eventually to farmers all across America,” says Stanton E. Ross,
Chairman and CEO of Digital Ally. “It’s rewarding to be able to
embark on this project in partnership with KMC Brands, another
Kansas City-based company with vision, passion and commitment to
the growth of the Hemp industry. We’re excited about the continued
diversification of our video solutions partnerships, especially
between Law Enforcement, Fleets, all areas of Situational Event
security, and now KMC and America’s Hemp Academy.”
On a broader scale, the application of Digital’s
technology could be a watershed moment for U.S. farmers and related
industries because the documentation process allows for a quality
control and validation guarantee like nothing currently available
on the market.
Another benefit of this anticipated technology
is that it may be the answer that Law Enforcement agencies are
seeking for in the regulation of hemp farming and production. This
program can help ensure that the products being distributed and
transported across the country are done so in appropriate and legal
manners and that the crop is certified.
“The staff at KMC Brands and its subsidiary,
America’s Hemp Academy, is proud to launch this initiative with the
team at Digital Ally. Their success in the field of video
technology is unparalleled, and to be able to help bring that to
American farmers is beyond rewarding,” says Joe Bisogno, CEO of KMC
Brands.
The beta launch has already begun and a full
research launch is intended for March of 2020 after the beta
results for this year’s hemp crops are reviewed.
About Digital Ally
Digital Ally®, headquartered in Lenexa, KS,
specializes in the design and manufacturing of the highest quality
video recording equipment and video analytic software. Digital Ally
pushes the boundaries of technology in industries such as law
enforcement, emergency management, commercial fleets, and consumer
use. Digital Ally’s complete product solutions include in-car and
body cameras, cloud and local management software, and automatic
recording technology. Digital Ally products are sold by domestic
direct sales representatives and international distributors
worldwide.
Social and Digital MediaVisit our
website: http://www.digitalallyinc.com/
Follow Digital Ally Brands:Facebook page
@DigitalAllyInc Instagram @DigitalAllyIncTwitter at
@DigitalAllyIncYouTube: Digital Ally Inc LinkedIn Digital Ally
Inc.
About KMC Brands
KMC is a unique player in today’s Hemp market,
motivated to come alongside farmers, consumers and officials in a
journey to a better tomorrow. The company’s mission is to further
understanding and knowledge of the miracle of Hemp to public
officials and citizens across the globe through education
initiatives and manufacturing of Hemp products and equipment needed
to harvest Hemp. KMC Brands grows multiple products and develops
processes using Hemp across the world, with a firm belief that
education is the key to progress.
Social and Digital MediaVisit our
website: www.kmc-brands.comFollow KMC
Brands:Facebook page @KMCBrandsTwitter at @BrandsKMC
Instagram @kmcbrandsLinkedIn KMC Brands LLC
Media Inquiries:
KMC |
Digital
Ally |
Kelly
Woodward |
Kenny
Delaquila |
kelly@tlcmarketingconsultants.com |
kenny.delaquila@digitalallyinc.com |
Forward-Looking Statements
This press release contains forward-looking
statements within the meaning of Section 27A of the Securities Act
of 1933 and Section 21E of the Securities Act of 1934. These
forward-looking statements are based largely on the expectations or
forecasts of future events, can be affected by inaccurate
assumptions, and are subject to various business risks and known
and unknown uncertainties, a number of which are beyond contained
in this press release. These cautionary statements should not be
construed as exhaustive or as any admission as to the adequacy of
the Digital Ally’s disclosures. Digital Ally cannot predict or
determine after the fact what factors would cause actual results to
differ materially from those indicated by the forward-looking
statements or other statements. The reader should consider
statements that include the words "believes", "expects",
"anticipates", "intends", "estimates", "plans", "projects",
"should", or other expressions that are predictions of or indicate
future events or trends, to be uncertain and forward-looking. A
wide variety of factors that may cause actual results to differ
from the forward-looking statements include, but are not limited
to, the following: the extent to which the hemp validation program
with KMC Brands will achieve its objectives; whether and the extent
to which such a validation program will be adopted by the hemp and
other industries; whether the program will help law enforcement
agencies in the regulation of hemp and be adopted by them;
competition from larger, more established companies with far
greater economic and human resources; its ability to attract and
retain customers and quality employees; the effect of changing
economic conditions; and changes in government regulations, tax
rates and similar matters. Digital Ally does not undertake to
publicly update or revise forward-looking statements, whether as a
result of new information, future events or otherwise. Additional
information respecting factors that could materially affect the
Digital Ally and its operations are contained in its annual report
on Form 10-K for the year ended December 31, 2018, and in its
Quarterly Report on Form 10-Q for the three months ended March 31,
2019, as filed with the Securities and Exchange Commission.
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