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Roto-Gro International deploying hydroponics to help grow organic cannabis

Delivery is expected to commence by the end of the year.
Roto-Gro International deploying hydroponics to help grow organic cannabis
The total order value is circa C$1.1 million

Roto-Gro International Ltd’s (ASX:RGI) shares were trading circa 19% higher intra-day after receiving a purchase order for 100 Roto-Gro hydroponic systems from Amfil Technologies Inc (OTCMKTS:AMFE).

The fully-automated Roto-Gro rotary hydroponic system (a method of growing plants without soil) can be used to produce high-quality medical cannabis at a competitive cost.

The new purchase order builds on Roto-Gro’s existing collaborative relationship with Amfil for the integration of Amfil’s proprietary GRO3 Antimicrobial System with the RotoGro System.

Importantly, the integration is expected to provide enhanced cultivation solutions for medical cannabis and indoor farming industries.

The successful signing of the purchase order is a result of the collaboration between Roto-Gro and Amfil over the past five months.

The 100 Roto-Gro Systems will be stacked two-high in 4,000 square feet of the first phase of a 40,000 square feet facility in Ontario, Canada to be developed by a Canadian organic cannabis cultivator.

The total order value is circa C$1.1 million, with delivery expected to commence by the end of the year.

In addition, the Canadian cultivator also operates a non-cannabis related nursery of perishable foods covering circa 150,000 square feet contained in several buildings on a single property.

Roto-Gro is currently discussing the design of a propriety rotary garden solution for the cultivator’s perishable food operations.

The company is aiming to assist the cultivator with a staged roll-out of a portion of these premises for perishable foods utilising the Roto-Gro System together with Amfil’s antimicrobial system.

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