- RotoGro International (ASX:RGI) has announced Oakum Cannabis Corporation has harvested its first cannabis crop
- Oakum said the harvest of its first commercial crops at its British Columbia facility has met and exceeded its expectations
- Oakum says RotoGro’s Hydroponic Garden Systems is “the best technology available”
- RotoGro is up 4 per cent on the market this morning, trading for 13¢ apiece
RotoGro International (RGI) has announced Oakum Cannabis Corporation, formally Frozen Penguin Medical Industries, has harvested its first cannabis crop.
Oakum has successfully harvested its first commercial crops at its facility in British Columbia, Canada, which have met and exceeded its expectations.
The recently harvested crops, focussed on optimising the resin content and cannabinoids of each plant to enhance the extraction output.
The company used the RotoGro Hydroponic Garden Systems and was extremely impressed with the technology.
Oakum’s Master Grower and Co-Founder Anthony Charles says he could not be happier with RotoGro as its facility and technology partner.
“In my opinion, the RotoGro Hydroponic Garden Systems are clearly the best technology available in the cannabis space, cultivating plants of consistently, high-quality at the industry’s lowest costs,” he said.
The first crops consist of 26 per cent of tetrahydrocannabinol (THC) on average and showed a pristine microbial profile.
Anthony is also very pleased with the THC and Cannabinoid levels from the test results.
“Our laboratory technicians also advised us that the crop samples displayed the best microbial profiles they have ever seen,” he told the market.
RotoGro CEO Adam Close is pleased with both the qualitative and quantitative results of Oakum’s first harvest.
“The team at Oakum are very experienced in the cannabis space and have taken the step-change from the pilot facility to commercial operations in stride,” he said.
“We will continue our collaboration as Oakum further refines its nutrient profiles while using our automated software and integrated fertigation systems to economise and optimise nutrient delivery and product quality outcomes,” he added.
RotoGro is up 4 per cent on the market this morning, trading for 13¢ apiece at 11:05 am AEDT.