As the legal cannabis sector expands, competition between companies in the field is also intensifying, with producers and distributors constantly looking for some competitive advantage in order to secure a solid market position. New technologies, especially in regard to cultivation processes, can provide this much sought-after advantage.
One company capitalizing on a proprietary cultivation technique is Green Hygienics Holdings Inc. (OTCQB: GRYN). The company is investing in innovative cultivation technologies that maximize yield and reduce the cost of production – two advantages that give Green Hygienics a unique position on a market that’s defined by a growing demand for premium-grade cannabis products.
Green Hygienics Holdings is quickly establishing itself as a leader in the advancement of science-driven cultivation systems. The company employs a unique aeroponics-based cultivation method through which nutrients are delivered to the exposed roots of the plant. Apart from increasing crop yields, this cultivation method is highly environmentally-friendly. According to Green Hygienics Holdings, aeroponics cultivation uses anywhere between 90 and 95 percent less water than standard agricultural practices. Pesticides and fungicides are also not required.
On top of being more sustainable, this cultivation technique reduces the cost of cannabis production, produces higher yields, ensures better quality and provides more control over the entire process.
As the cannabis market is still relatively young but constantly growing, competition is also intensifying considerably. According to experts, production efficiency and low costs are going to be the primary factors determining the success of cannabis producers in this high-competition environment.
Both of these goals can be accomplished through the adoption of innovative solutions like those used in the Green Hygienics Holdings cultivation methodology. The cost per unit for Green Hygienics Holdings’ production is less than $1. The industry standard for traditional cultivation is anywhere between $2 and $4 per unit.
On top of relying on innovative cultivation, Green Hygienics also invests in the technology that provides a greater degree of control over many aspects of the process.
Quality-controlled commercial cultivation equipment and software provide Green Hygienics with data that can be used to monitor and control the growth of cannabis. Cultivation problems are easy to identify this way, which results in the introduction of immediate measures to rectify the issue.
Green Hygienics expects these innovations to enable to meet its growth goals in 2019. The company intends to continue generating revenue from the cultivation and sale of premium-grade cannabis-derived products. Previously, Green Hygienics announced its intentions to develop and license additional intellectual property assets, make strategic acquisitions and develop globally-trusted consumer brands.
For more information, visit the company’s website at www.GreenHygienicsHoldings.com
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