Last week Seedo Corp., “Seedo” (OTCQB: SEDO), a high-tech company providing one of the world’s first fully automated and controlled indoor growing machines for the pesticide-free cannabis and agricultural markets, announced today it will be partnering with Kibbutz Dan in Northern Israel to establish the first fully automated, commercial-scale, pesticide-free containerized cannabis farm in Israel.
With Israel’s recent approval of medical cannabis exports, Seedo is positioned to become a key player in this emerging market as its technology can achieve reliable and uniform production goals to meet pharmaceutical-grade standards. Within 36 months of operation, the project is estimated to produce a minimum of 14 tons of dry cannabis bud, generating an estimated revenue of $24 million dollars.
In legal cannabis markets around the world, new research has brought to light concerns surrounding the prevalence of pesticides, solvents and bacteria present in the current supply chain. This poses a serious threat to consumer
safety, especially for patients that are increasingly dependent on medical cannabis for treatment of a variety of illnesses. Seedo’s technology can control the purity of the crop to meet stringent compositional standards set by pharmaceutical and beverage companies looking to supply clean and consistent products to the market. For other technologies from Israel, including AI-based flux, link here.
“We are entering a new era of growing where demand for pesticide-free products will only continue to increase,” said Seedo CEO Zohar Levy.
This installation includes Seedo’s first commercial-scale product to meet growing demand stemming from maturation of the worldwide medical cannabis market. Seedo is now applying its proven technology, originally developed for home-grow devices, towards containers for commercial scale.
This new offering will allow Seedo to leverage and adapt its existing and proven AI-powered technology to commercial farming applications, thereby maximizing the quality, yield and reliability of crops regardless of local climate conditions. By taking the guesswork out of the cultivation process, communities will be able to grow both native and non-native products with less labor, energy and water than ever before.
The airtight, stackable containers will allow cultivators to optimize land-use and reduce the environmental footprint of their farming operations. Each one of Seedo’s containers can provide a minimum quantity of 326 pounds of dry cannabis bud per year.
Seedo will also look to provide its commercial product to agricultural regions in need of healthy and reliable food supplies. Each container features maximum daylight illumination, built-in carbon filters, automated air conditioning,
and a smart post-harvest drying system that allows farmers to minimize cultivation costs and provide high-quality food with extended shelf life. As rising temperatures and urban population growth encroach on global food
supplies, Seedo’s turnkey technology will allow communities to grow their food locally without fear of crop loss from external climate or weather conditions.
As its network of systems continues to grow, Seedo will be able to leverage aggregated data to discover the ideal growing conditions for every type of fruit and plant species, even bringing some back from the brink of extinction.
As part of Seedo’s recent momentum, the company recently appointed Daniel Birnbaum, CEO of SodaStream (he also invested in Cannabit two weeks ago – rumors that he will be making CBD soda drinks, maybe with Seedo tech?), and Dr. Jendayi. Frazer, the former U.S. Assistant Secretary of State for African Affairs, to its board of directors.
Mr. Birnbaum’s expertise in building global brands and Dr. Frazer’s work in international development and governance will inform the development of the commercial product to serve vulnerable communities around the globe.
Seedo is a market leading high-tech company providing the cannabis and agriculture industries with the world’s first fully automated and controlled indoor growing machine. Seedo provides growers with the freedom to cut costs
while generating high yields of lab-grade, pesticide-free herbs and vegetables.
Seedo’s AI-powered, turnkey systems enable anyone from average consumers to large-scale producers the ability to grow without prior experience or ample space. Competitors in this space include Grobo, flux, and Freight Farms, used by city food pioneer Kimbal Musk, brother to Elon Musk, founder of Tesla.