Aware of how environmental factors affect cannabis cultivation, yield and quality, some smart cannabis entrepreneurs are looking to partner with companies that provide grow solutions.
The partnership between Agrify Corporation (NASDAQ: AGFY), a developer of systems-engineered indoor grow solutions that address shortfalls in the current cannabis cultivation methods, and cannabis multi-state operator Curaleaf Holdings, Inc. (OTC: CURA) is one such example.
The Massachusetts-based company agreed to provide the use of its Agrify Insights software platform for three years to Curaleaf's facility located in Massachusetts.
Raymond Chang, CEO of Agrify, who was a guest on the latest Benzinga Cannabis Insider live show co-hosted by Elliot Lane and Javier Hasse, said that the cannabis giant Curaleaf is one of the few MSOs that have advanced research and development capacities and "is always looking at the next generation of products and technologies."
The research evaluates how specific environmental conditions created and controlled by Agrify's vertical farming units and Agrify Insights' software platform affect harvest yields, plant terpene profiles and flavonoid concentrations. In addition, the platform examines techniques to improve the aroma and overall chemical profile of cannabis flower while enhancing its aesthetic appeal.
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