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Smart Cannabis Sells 60 of its New Efficient Grow Light Fixtures in First Week on Market
SACRAMENTO, Calif., May 16, 2018 /PRNewswire/ -- Smart Cannabis Corp. (OTC: SCNA) announced an immediate sale of sixty (60) of their new Multi Spectrum Grow Light fixtures within days of presenting them to the marketplace.
The new Multi Spectrum Grow Light is the result of collaboration between Smart Cannabis CEO, John Taylor, and leading edge manufacturers to improve cost and energy efficiency as well as increase crop yields. The company plans to incorporate this unique light into greenhouse cultivation projects that will benefit from supplemental lighting.
The global grow light market is anticipated to reach USD 8.64 billion by 2025, growing at a CAGR of 14.1%, according to a new report by Grand View Research, Inc. The increased use of vertical farming and indoor cultivation, for producing crops, is likely to spur the market demand over the forecast period. Grow light helps in extending the hours of the natural daylight which further increases the health, growth rate and yield of the plants. Artificial lighting, such as high-pressure sodium lighting, LED lighting and plasma lighting can extend the availability of crops throughout the season.
Learn more about the new Multi Spectrum Grow Light at: https://smartcannabis.com/greenhouse-models/multi-spectrum-grow-light/
Smart Cannabis (OTC PINK: SCNA) is a public equity corporation advancing the agriculture and cannabis industries and growing through acquisition, strategic alliances, and proprietary intellectual property. The company's wholly owned subsidiary, Next Generation Farming Inc., provides turnkey, automated, commercial greenhouses systems that efficiently improve yields and decrease water consumption for cultivators of organic food and cannabis crops. The company websites are http://smartcannabis.com, http://smartcannabis.com/next-generation-farming, and http://sapinvestments.com
Disclaimer: The Company relies upon the Safe Harbor Laws of 1933, 1934 and 1995 for all public news releases. The company may make forward-looking public statements concerning its expected future operations, performance and other developments. Such forward-looking statements are estimates that reflect the company's best judgment based upon current information. All investments involve risks and uncertainties, and there can be no assurance that other factors will not affect the accuracy of such forward-looking statements. It is impossible to identify all such factors. Factors which could cause actual results to differ materially from those estimated by the company include, but are not limited to, government regulation; managing and maintaining growth; the effect of adverse publicity; litigation; competition; and other factors which may be identified from time to time in the company's public announcements.
Smart Cannabis Corp.
Don Smith, Vice President
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SOURCE Smart Cannabis Corp.
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