{"id":9899,"date":"2017-08-24T12:00:00","date_gmt":"2017-08-24T12:00:00","guid":{"rendered":"https:\/\/heliospectra.com\/blog\/mfn_news\/the-grove-nevada-drives-exponential-growth-and-consistent-harvest-results-with-second-order-of-heliospectra-led-lighting-technology-2\/"},"modified":"2017-08-24T12:00:00","modified_gmt":"2017-08-24T12:00:00","slug":"the-grove-nevada-drives-exponential-growth-and-consistent-harvest-results-with-second-order-of-heliospectra-led-lighting-technology-2","status":"publish","type":"mfn_news","link":"https:\/\/heliospectra.com\/nl\/blog\/mfn_news\/the-grove-nevada-drives-exponential-growth-and-consistent-harvest-results-with-second-order-of-heliospectra-led-lighting-technology-2\/","title":{"rendered":"The Grove Nevada Drives Exponential Growth and Consistent Harvest Results with Second Order of Heliospectra LED Lighting Technology"},"content":{"rendered":"
Las Vegas cannabis cultivation facility collaborates with Heliospectra to control crop consistency and produce top shelf medicinal marijuana<\/p>\n

(GOTHENBURG, Sweden\/SAN FRANCISCO, CA, Aug 24, 2017 –<\/p>\n

Heliospectra AB (publ) (OTCQB: HLSPY, FIRSTNORTH: HELIO), a world leader in intelligent lighting technology for greenhouse and controlled plant growth environments, announces a second order from The Grove Nevada. The prominent cultivation facility in Las Vegas, Nevada standardized on Heliospectra LED lighting solutions and technology in 2015. The Grove Nevada has achieved unprecedented results in accelerating harvest while controlling consistency and medicinal profiles of cannabis crops with Heliospectra. The order is valued at $209,960 (SEK 1 749 667).<\/strong><\/div>\n

“We were ahead of the curve in adopting LED lighting for our state-of-the art facility over two years ago, and we keep being proven right in our decision to go with Heliospectra,” said Demetri Kouretas, Chief Executive Officer, The Grove. He added, “Our companies share an unrelenting focus on improving product quality and consistency through best-of-breed technology and best practices. Additionally, we know that continued collaboration between the experts at The Grove and Heliospectra will yield ever greater financial and crop performance.”<\/span> <\/p>\n

A vertically integrated business enterprise, The Grove is committed to growing the highest-grade flower and distilling the highest-grade concentrates to create all-natural products and edibles for its two dispensaries. The Grove’s Director of Cultivation Kevin Biernacki and his team have established the world’s largest networked cannabis cultivation facility now standardized on Heliospectra LX series LED lights and market-leading software control. <\/span><\/p>\n

“Heliospectra’s partnership with The Grove demonstrates the power of teamwork and the magnitude of knowledge shared in a fast-moving industry,” said Ali Ahmadian, CEO, Heliospectra. “The Grove’s use of our full spectrum demonstrate the capabilities available for efficient growth from clone to flower. The validation of light strategies and operations efficiencies developed with Kevin and Demetri over time are impressive. The predictable, repeatable production results achieved provide a new business model for cannabis growers world-wide.” <\/span><\/p>\n

The Grove’s focus on product purity, crop quality and the health of more than 5,000 plants, is bolstered by the proven durability and 99.9% reliability rate of Heliospectra’s lighting solutions.<\/span><\/p>\n

Delivery will take place in Q3.<\/span> <\/p>\n

\n

Investeerdersrelaties:<\/strong><\/p>\n

Ali Ahmadian, CEO van Heliospectra | +46 (0)72 203 6344 | Ali.Ahmadian@heliospectra.com<\/a><\/p>\n

Redeye is Heliospectra Certified Advisor voor Nasdaq First North. <\/a>www.redeye.se<\/a> <\/p>\n

http:\/\/www.heliospectra.com<\/a> <\/p>\n<\/div>\n

\n

Over Heliospectra<\/strong><\/p>\n

Heliospectra AB (publ) (OTCQB: HLS, FIRST NORTH: HELIO) is the industry’s most proven intelligent lighting technology for greenhouse and controlled plant growth environments. With the vision to make commercial crop production more connected and resource-efficient, growers and commercial producers across six continents use Heliospectra holistic and flexible solutions to consistently increase yields while producing crops that achieve quality appearance, superior nutritional or medicinal value and longer shelf life, harvest after harvest. Founded in 2006 and winner of multiple international awards and recognitions, Heliospectra has raised more than $32 million in capital to date. As a publicly traded company, the majority ownership remains with some of Heliospectra earliest investors <\/a>Weland Staal<\/a>, <\/a>Zweeds Industrieel Fonds<\/a> en <\/a>Midroc Nieuwe Technologie<\/a>. Ga voor meer informatie naar <\/a>https:\/\/www.heliospectra.com<\/a>.<\/p>\n

Toekomstgerichte verklaringen<\/strong><\/p>\n

De verklaringen in dit persbericht zijn toekomstgerichte verklaringen zoals bedoeld in de federale effectenwetgeving. Dergelijke verklaringen zijn gebaseerd op onze huidige overtuigingen en verwachtingen en zijn inherent onderhevig aan belangrijke zakelijke, economische en concurrerende onzekerheden en onvoorziene omstandigheden, waarvan vele buiten onze macht liggen. Daarnaast zijn dergelijke toekomstgerichte uitspraken onderhevig aan aannames met betrekking tot toekomstige bedrijfsstrategie\u00ebn en beslissingen die aan verandering onderhevig zijn. Potenti\u00eble risico's en onzekerheden omvatten, maar zijn niet beperkt tot, technische vooruitgang in de sector en politieke en economische omstandigheden in de sector. We nemen geen verplichting op ons om toekomstgerichte uitspraken bij te werken om gebeurtenissen of ontwikkelingen weer te geven nadat een toekomstgerichte uitspraak is gedaan.<\/p>\n

This information is information that Heliospectra AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 14.00 CET \/ 8 AM EST on August 24, 2017.<\/em><\/p>\n<\/div>\n

\n

Bijlagen<\/strong>
Vrijgave<\/a><\/p>\n<\/div>\n