Roots Sustainable Agriculture gaining ground in Israeli cannabis sector
Food & Agriculture
Food & Agriculture
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Special Report: Roots Sustainable Agricultural Technologies (ASX:ROO) has begun installing heat exchange probe units at a cannabis farm in northern Israel, which could increase cannabis yields by 20 per cent or more.
The 1,000 heat exchange probe units are being deployed at the My Green Fields cannabis farm – the first time Israeli-manufactured heat exchange probes have been deployed on a large commercial scale.
Roots is transitioning the production of its heat exchange probe technology from China to Israel, which will reduce shipping costs and streamline its supply chain.
“Commencing production of our technology in Israel is an important step for Roots,” says the company’s executive chairman and chief executive, Boaz Wachtel.
“We are confident that this strategic decision will allow us to aggressively pursue opportunities with a range of commercial growers.”
Roots’ heat exchange probes are inserted into the tops of the cannabis tops and grow bags, simplifying working procedures and lowering installation costs of the company’s Root Zone Temperature Optimisation (RZTO) technology.
The RZTO technology stabilises the plant’s root zone temperature year-round – which is known to be one of the most important ways of promoting plant growth besides water.
The pumps at My Green Fields’ farm should be fully installed by the end of the week, and will be used in the clone production room and throughout the farm’s flowering rooms, using existing heat pumps and water tanks to supply hot or cold water as needed.
“Following recent regulatory shifts, management is closing in on a number of sales contracts with cannabis cultivators in Israel, the USA and Europe,” says Wachtel.
“We are also making strong progress with the company’s plant-based meats division and looking forward to updating shareholders very soon on some exciting progress.”
Roots last week announced progress in North America, with an expanded partnership with California-based cannabis technology company Humboldt CCTV.
Humboldt has agreed to integrate Roots’ proprietary Root Zone Temperature Optimisation technology into Humboldt’s smart agriculture solution, Roots says.
Humboldt, an established family business that focuses on the cannabis sector, has agreed to integrate this technology into its SmartAg product that allows growers to wirelessly monitor soil moisture, crop temperature, weather station data and environmental conditions at a grow site.
The solution consists of a portfolio of sensors and wireless data to enable real-time access to information and equipment across remote locations.
The two companies will first deploy this heat exchange stub at a large cannabis cultivation facility in Northern California.
This article was developed in collaboration with Roots Sustainable Agricultural Technologies, a Stockhead advertiser at the time of publishing.
This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.