logo-loader
viewBraingrid Ltd.

Braingrid says its analytics technology can boost cannabis yields and reduce costs

The Toronto-listed firm's recently launched 'Data Intelligence Program' collects cultivation data from cannabis growers and other producers

Braingrid Ltd. -
Fertigation is the act of injecting fertilizers or other water-soluble products into a facility’s irrigation system

Braingrid Ltd (CSE:BGRD), the agritech group, has lauded the potential of its analytics technology in assessing fertigation rates for cannabis producers.

In simple terms, fertigation is the act of injecting fertilizers or other water-soluble products into a facility’s irrigation system.

READ: Braingrid keen to be a global player as its focus shifts to cultivation analytics in precision agriculture

The Toronto-listed company has developed a sensor platform called 'Sentroller' so that customers, predominately using greenhouses, can remotely monitor their crops, be it cannabis or other precision crops like fruit and vegetables, around the clock.

Its recently launched 'Data Intelligence Program' collects cultivation data from cannabis growers and other producers to alter and optimize growth conditions.

Braingrid noted in a statement on Tuesday, that results in a peer-reviewed journal at an Ontario cannabis production facility showed that optimizing fertigation could increase yields by up to 110%.

"Research shows that many cannabis producers appear to have little peer-reviewed data on optimal fertigation rates. Given that optimal fertigation is the foundation for optimal yield, there's a gap in knowledge where Braingrid's solutions provide significant insight into fertigation performance," CEO Michael Kadonoff said.

"With our Data Intelligence Program, growers are provided with the knowledge they need to adapt their growing conditions before a problem arises, saving not only the significant costs associated with crop failure, but also optimizing yields and revenue growth."

Payback

The firm noted that with payback in as little as a producer's third harvest, increased yield and cost savings could amount to as much as C$150,000 over eight growth cycles for growers adopting Braingrid's technology in a 20,000 square-foot facility.

That's based on 3,000 flowering plants at a profit of C$1.00 per gram, but those results may vary depending upon existing level of fertigation, cannabis strain, grow conditions, crop management and other factors, noted Braingrid.

Contact the author at [email protected]

Quick facts: Braingrid Ltd.

Price: 0.005 CAD

CSE:BGRD
Market: CSE
Market Cap: $249.59 k
Follow

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of Braingrid Ltd. named herein, including the promotion by the Company of Braingrid Ltd. in any Content on the Site, the Company receives from...

FOR OUR FULL DISCLAIMER CLICK HERE

Watch

Braingrid Corporation secures 5.1 million dollars in financing over 3 years

Braingrid Corporation (CSE:BGRD) CEO Michael Kadonoff joined Steve Darling from Proactive Investors in Toronto to talk about their agreement with the European High Growth Opportunities Securitization Fund for 5.1 million dollars. Kadonoff told Proactive how the financing will work and...

on 12/6/19

2 min read