Leading cultivation equipment supplier enters partner agreement with spectral imagery company to add proprietary technology to EZ-CLONE cloning and propagation systems, enabling cultivators to analyze plants being grown in the system for overall plant health and potential disease
KIRKLAND, Wash., June 25, 2019 (GLOBE NEWSWIRE)
-- GrowLife, Inc.
(PHOT) (âGrowLifeâ or the âCompanyâ), one
of the nationâs most recognized indoor cultivation product and
service providers, today announced that the Company has entered a
partner agreement with award-winning cannabis technology Emerald
Metrics, LLC to add proprietary technology to the Companyâs cloning
and propagation product line.
Through this agreement, GrowLife will add spectral imagery technology to the Companyâs EZ-CLONE Pro commercial propagation system which gives plant cultivators invaluable insight into the health of the clones being grown in the system. Through this advanced software, cultivators are given advance notice about the cloneâs health and any other issues that may be occurring with enough time to take action, well before any issues can be seen by the naked eye. Emerald Metrics has been granted a provisional patent for its Clone Imaging System, which is a unique hardware, software and mechanical solution for commercially viable clone health analysis through spectral imagery.
The agreement between the companies demonstrates the increased demand for technological advancements in cannabis and hemp cultivation and cloning. Cultivators need healthy and consistent clones in order to meet the volume the market is demanding, while keeping costs down and remaining profitable. This technology, paired with benefits of cloning and measurable advantages of using the EZ-CLONE systems, will enable cultivators to grow a greater number of viable plants than normally seen in table-top cloning or plants grown from seeds.
âWe are constantly developing ways to add value
to our renowned EZ-CLONE propagation systems and partnering with
such an advanced and well-versed company such as Emerald Metrics
seemed to be the perfect fit,â said GrowLife Executive
Vice-President of Sales and Marketing Joseph Barnes. âWe understand
that cloning is the future of plant cultivation in both the
cannabis and hemp industries. With both companies situated at the
forefront of clone technology, this agreement will elevate the way
both companies work and provide our customers with the increased
level of technology and advancements they desire. It also enables
them to produce healthier and more viable plants than any other
technology on the market.â
There is a growing demand for healthy clones as the cannabis
industry continues to expand. The global hemp market is expected to
reach $5.7 billion across all markets by the year 2020,
representing a three-year compound annual growth rate of 17.5%,
according to The Global State of Hemp. Additionally, the ArcView
Group recently released a report which examined the economic
multiplier effects through which U.S. consumer spending on legal
cannabis in 2021 of $20.8 billion would generate almost $40 billion
in overall economic impact, 414,000 jobs, and more than $4 billion
in tax receipts. (Source)
Learn more about Emerald Metrics by visiting their website, www.emeraldmetrics.com.
For more information about GrowLife, including the CEOâs most recent video statement, visit the companyâs website. Products can be purchased at ShopGrowLife.com in the U.S. and GrowLifeHydro.ca in Canada.
About GrowLife, Inc.
GrowLife, Inc. (PHOT) aims to become the nationâs largest cultivation service provider for cultivating organics, herbs and greens and plant-based medicines. Our mission is to help make our customers successful. Through a network of local representatives covering the United States and Canada, regional centers and its e-Commerce team, GrowLife provides essential goods and services including media, industry-leading hydroponics and soil, plant nutrients, and thousands more products to specialty grow operations. GrowLife is headquartered in Kirkland, Washington and was founded in 2012.
Public Relations Contact:
CMW Media
Cassandra Dowell, 858-264-6600
[email protected]
www.cmwmedia.com
Investor Relations
Contact:
[email protected]
206-483-0059
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/767ce289-b4eb-40fb-a261-05cbbc197224