Canadian CANNAINVESTOR Magazine May 2017 - Page 131

Its Scorpion grow lights won first place at Cannabis Cup for the “Indica - Private Grower” category at Bio Cup Canada. On May 2, the company announced it expects to close a deal in the next six weeks for a 10-acre operating greenhouse in Florida that is in full production, and plan to utilize its CEA (Controlled Environment Agriculture) technology to potentially quadruple the current ornamental plant yields. Ultimately, selecting quality energy efficient lighting will help reduce the financial hit caused by hydro rates, BUT will provide measured gains on your harvest yields. That being said, an increase in up-front investment will be required.

If co-op grows are ever approved, companies like New Age Farm (CSE:NF; OTC:NWGFF; FSE:ONF) and their turn-key grow solution is great for those wanting to grow their own marijuana. Their seed to sale service and expertise in all facets of the process is unique, providing turnkey growing infrastructure and services at their campuses in Washington State and British Columbia. No need to worry about the proper fertilizer, lighting, temperature, or space. You name it, they take care of it. But don’t get your hopes up. Their turnkey solution is so attractive that licensed producers have fully leased their facilities to maximum capacity, having just recently signed a LOI securing three additional tenant growers, along with a lease to own option on 11 acres of industrial land in Moses Lake, WA. Having said that, there is still a solution offered at a home grow level: the all-in-one home grow by WeeGro. WeeGro provides everything you need to grow your plants including lights, pots, and growing medium. They can also incorporate automation into your custom grow solution. Its custom built to your taste, and retails for between $7,000 and $10,000.