Brampton based cannabis company to launch production system for faster, cheaper weed

  • 📰 nationalpost
  • ⏱ Reading Time:
  • 33 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 80%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

Brampton based cannabis company to launch production system for faster, cheaper weed via TheGrowthOp

A Brampton, Ont.-based company has announced an agreement with an unnamed tech partner to deploy a cannabis cultivation system called PHOENIX that it claims can produce higher yields and lower overhead costs.

“We’ve observed and given input to the evolution of the system over the last four years and are constantly amazed at the yield, and consistency of the results,” Chief Operating Officer Mark Novak said in a press release. “We are proud to have been part of its evolution and are very excited at the prospect of using the technology.”

— CannabCo July 30, 2019CannabCo lists a roster of claims for PHOENIX, including that the system will reduce production costs to just $0.50 per gram, produce “top shelf” product and “repeatable and consistent grow results,” and provide a supposed annual yield per square foot of over 1000 grams.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 10. in İE
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

TheGrowthOp

TheGrowthOp I'm sure that the National Post has been taken over by a weed producer!

TheGrowthOp Just legalizing addiction and increasing mental health issues.

TheGrowthOp Nobody cares. 'Cannabis companies' should be in the dictionary under oxymoron.

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Down to Business podcast: Why Canada is backing Telesat in space race for faster, cheaper internetEpisode 15 of the weekly podcast from the Financial Post
Source: nationalpost - 🏆 10. / 80 Read more »

Austrian energy company OMV tops forecasts on record productionOMV’s performance echoed BP’s, as the British major’s second quarter profit also beat expectations thanks to strong oil and gas production growth
Source: globeandmail - 🏆 5. / 92 Read more »