Case Study Could Be a Tipping Point for Indoor Harvest (INQD)
Ryan Allway
May 5th, 2016
News, Top Story
[stockchart symbol=INQD]
Indoor Harvest Corp. [stockquote symbol=INQD], a full service, state of the art, design-build engineering firm for the indoor farming industry, recently announced that it will be taking part in a case study being conducted by The Green Company – a Tier 2 licensed production and processing company in Washington State – that will be published in Marijuana Venture Magazine – a leading industry B2B trade publication.
The case study will evaluate the company’s patent-pending high-pressure aeroponic technology in conjunction with Heliospectra AB’s [stockquote symbol=HLSPY] LED lighting and products from other companies like Airoclean420, Green Air Products, Hy-light Group, and Trace Analytics. The goal of the project is to summarize benchmarks for the next generation of commercial needs for scaled production in the cannabis industry.
“This case study is a culmination of four years of R&D developing our aeroponic process for plant-based pharmaceutical purposes,” said Indoor Harvest CEO Chad Sykes in the company’s press release. “In addition to our technology and products showing proven increase in extractable phytochemicals, when combined with LED lighting technology, we have seen up to an 80% reduction in cost of goods over more traditional production methods.”
Adding Fuel to the Fire
Indoor Harvest began working with Canopy Growth Corp. [stockquote symbol=TWMJF], Canada’s premier licensed producer under the Marijuana for Medical Purposes Regulations (“MMPR”) back in late 2014. In two pilot projects, the company measured growth rates, phytocannabinoid production, water usage, fertilizer usage, and labor costs using its aeroponic systems and compared those results to industry standard equipment.
These projects have consistently shown a decrease in fertilizer usage and an increase in growth rates, biomass production, and phytochemical content. According to Canopy Growth’s R&D Manager, the company’s first pilot project increased yield by 30% compared to average production yields. The second project enhanced yields by up to 46% depending on what was done to each plant in order to fully optimize the process.
In the third test, the company will equip the aeroponic chambers with a redesigned tub and lid combination for more efficient drainage and better efficiency of the embedded HVAC system. Canopy Growth has the option to request free design-build services from the company following these pilot projects. If they choose to move forward, the company will provide projected costs and Canopy Growth will have the option to purchase the equipment.
Moving Forward
Indoor Harvest has spent the past four years building its innovative technology and collecting data on its efficacy. With an up to 46% improvement in cannabis yields, the company has consistently demonstrated these benefits with top-tier producers. The latest case study could become a tipping point since it will be published in Marijuana Ventures Magazine, which publishes about 12,000 magazines each month that go in all major U.S. book chains.
“As an industry, we are on the precipice of learning things about cannabis that we only dreamed about a few short years ago,” said Hortistructure Inc. owner Chris Bayley in a press release. “With Indoor Harvest’s high-pressure aeroponics platform, we now have the perfect tool to begin doing some great research. The aeroponic system is so efficient, we anticipate near instant physiological plant responses to our environmental and nutrient stimuli.”
Investors in the cannabis industry may want to take a closer look at the company given its innovative technology and ongoing validation. Other companies in the space include ATVRockN (OTCBB: ATVK) – pending its potential merger with Lush Lighting – and SIPP Industries Inc. (OTC: SIPC) – which sells advanced plasma lighting. As legalized growing opportunities expand across North America, grow technology could provide value over the upcoming quarters.
For more information, visit the company’s website at www.indoorharvest.com.
This article was published by CFN Enterprises Inc. (OTCQB: CNFN), owner and operator of CFN Media, the industry’s leading agency and digital financial media network dedicated to the burgeoning CBD and legal cannabis industries. Call +1 (833) 420-CNFN for more information.
About Ryan Allway
Mr. Allway has over a decade of experience in the financial markets as both a private investor and financial journalist. He has been actively involved in the cannabis industry since its inception, covering public and private companies.Disclaimer: Except for the historical information presented herein, matters discussed in this article contain forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. Emerging Growth LLC dba TDM Financial, which owns CannabisFN, is not registered with any financial or securities regulatory authority, and does not provide nor claims to provide investment advice or recommendations to readers of this release. Emerging Growth LLC dba TDM Financial, which owns CannabisFN, may from time to time have a position in the securities mentioned herein and will increase or decrease such positions without notice. For making specific investment decisions, readers should seek their own advice and that of their own professional advisers. Emerging Growth LLC dba TDM Financial, which owns CannabisFN, may be compensated for its Services in the form of cash-based and/or equity- based compensation in the companies it writes about, or a combination of the two. For full disclosure please visit: https://www.cannabisfn.com/legal-disclaimer/.
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