Heliospectra to Speak and Exhibit at the California Cannabis Business Expo in San Francisco
(firmenpresse) - GOTHENBURG, SWEDEN and SAN FRANCISCO, CA -- (Marketwired) -- 02/18/16 -- Heliospectra AB (publ) (OTCQB: HLSPY) (FIRSTNORTH: HELIO), a world leader in intelligent lighting technology for greenhouse cultivation and plant research, is pleased to announce that it will be a featured speaker and exhibit at the upcoming Cannabis Business Expo taking place at the Hilton Union Square in San Francisco California, March 3-5. Heliospectra will exhibit in booth 701.
This will be the 2nd Annual Cannabis Business Expo, produced by MJIC Media. The event focus on decision makers in the cannabis industry including; current business owners and managers, entrepreneurs starting a cannabis business, investors providing private equity & resources, as well as professional and business service providers. This year the expo will be held in California -- the largest legal cannabis market in North America. According to estimates made by California NORML, there are now more than 750,000 and as many as 1,125,000 medical marijuana patients in California making it a highly sought after market.
Heliospectra General ManagerChris Walker will be speaking on Saturday, March 5that 1:30 pm on the topic "". He will also take part in the "Technology Updates"panel on March 5th at 10.00 am.
For more information on the event please click on the image below.
Heliospectra AB (publ) (OTCQB: HLSPY, FIRSTNORTH: HELIO) () specializes in intelligent lighting technology for plant research and greenhouse cultivation. The Company''s lighting system provides an effective and durable technology for cultivating greenhouse and indoor plants by combining several different groups of versatile light emitting diodes (LEDs) with optics, remote sensing techniques, and a robust heat dissipation solution. This proprietary setup gives growers the ability to control the intensity and wavelengths of the light emitted, creating a spectrum specifically adjusted to different plant species and growth stages to better facilitate photosynthesis. The complete, highly-engineered lamp produces crops that look better, taste better, and have a longer shelf-life than those grown under HID lamps. The technology not only reduces energy consumption by up to 50%, but also helps stimulate growth characteristics and improve plant quality. Other benefits include reduced light pollution, lower mercury use due to the avoidance of traditional HID/HPS bulbs, and less HVAC investment and monthly expense requirements.
Heliospectra products are based on in-depth knowledge in plant physiology and photosynthesis along with a unique way to utilize modern LED technology. After six years of development in Sweden, the company has now begun to expand into the international market. The company has raised more than $ 21 million in capital and has received more than $2.6 million through academic scholarships and grants. It has also received numerous awards for its forward thinking technology. Principal owners: Weland Steel , Swedish Industrial Fund , Midroc , Avanza Pension .
The statements in this press release constitute forward-looking statements within the meaning of federal securities laws. Such statements are based on our current beliefs and expectations and are inherently subject to significant business, economic and competitive uncertainties and contingencies, many of which are beyond our control. In addition, such forward-looking statements are subject to assumptions with respect to future business strategies and decisions that are subject to change. Potential risks and uncertainties include, but are not limited to, technical advances in the industry as well as political and economic conditions present within the industry. We do not take any obligation to update any forward-looking statement to reflect events or developments after a forward-looking statement was made.
Staffan Hillberg
CEO
Heliospectra AB
Tel: +46 (0)708 36 59 44
Email:
Michael Swartz
Senior Analyst
Viridian Capital Advisors, LLC
Tel: 212-333-0257
Email:
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Datum: 18.02.2016 - 07:00 Uhr
Sprache: Deutsch
News-ID 1416069
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