James E. Wagner Cultivation Corporation (JWC) (TSXV:JWCA; OTCQX:JWCAF) President and CEO Nathan Woodworth gave Midas Letter a tour of the company’s new facility located in Kitchener, Ontario. Woodworth also talks about the company’s GrowthSTORM system and stresses that its high density, low-cost system is the most effective way to control the plant’s growth cycle. GrowthSTORM is a multi-part system that uses aeroponic and hydroponic techniques to optimize yield and plant growth.
“The degree of standardization that we can achieve with this system is proof that we have discovered a way to control the total plant growth cycle,” said Woodworth. “We’ve created a high-density, low-cost growth system which results in a 98 percent success rate after 11 to 14 days.”
Woodworth explained the process behind the system and its advantages. According to Woodworth, the plants are moved into GrowthSTORM baskets once they are fully rooted. The baskets allow the plant to form complex root systems throughout its life. Once the plants have reached full production size, they are moved to a low-density array until the flowering cycle is complete. Woodworth also talked about JWC’s latest innovation, the Dual Droplet system, which distributes a large and a small nutrient droplet. These droplets help KWC optimize the delivery and uptake of nutrients. The cannabis plants are then flat trained, ensuring standardization of yield per square foot and maximizing the quality of the finished product.
JWC’s facility has eight grow rooms that are capable of producing up to 50 kilograms per growth cycle with less than one percent crop loss. The company’s 29 strains, which feature four unique phenotypes, are all being grown using the GrowthSTORM system.
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American cannabis sales hit US$17.5 billion in 2020, a research group’s new study shows.
Meanwhile, a Canadian cannabis producer began offering CBD beverages in the US, another move that shows how interested Canadians are in the overall US cannabis market at the moment.
Some pretty important news out of health and wellness; beverage and natural products company BevCanna Enterprises Inc. (CSE:BEV, Q:BVNNF, FSE:7BC) this week. For those of you following the Company with us, stay tuned.
As investors continue to prioritize cannabis opportunities in the US, market watchers expect mergers and acquisitions (M&A) to play a role in the future for Canadian companies.
A consolidation trend has been expected in the Canadian cannabis space for some time now based on the size of the market compared to the number of operations in the country.
BioHarvest Sciences Inc. Unveils the Unique Polyphenolic Content of Its Upcoming Olive-Based Nutraceutical
The product will include polyphenols known to have significant health benefits.
BioHarvest Sciences Inc. (CSE: BHSC) (“BioHarvest” or the “Company”) has reached an important milestone in its development program of additional Nutraceuticals. The olive-based Nutraceutical product scheduled for market availability in the second half of 2022 will contain the following unique matrix of polyphenols: hydroxytyrosol, trosol, and verbascoside. These compounds are the major polyphenols in naturally grown olives and are responsible for the high antioxidant activity of olives and olive oil. Importantly, the BioHarvest olive-based Nutraceutical product will provide all the benefits of olives and olive oil with a low calorie count per serving.
Cresco Labs (CSE:CL) (OTCQX:CRLBF) (“Cresco” or the “Company”), one of the largest vertically integrated multistate cannabis operators in the United States, announced today that it will report financial results for the fourth quarter and full year ended December 31 st , 2020 on Thursday March 25 th , 2021 before the market opens.
The Company will host a conference call and webcast to discuss its financial results and provide investors with key business highlights on Thursday March 25 th , 2021 at 8:30am Eastern Time (7:30am Central Time).