CannabCo Pharmaceutical Corp is preparing to launch Phoenix; a cultivation technology the company claims produces massive cannabis yields at a below average cost.
The cultivation method is the result of a partnership with an undisclosed technology provider. The name Phoenix is meant to signify the constant harvesting and rebirth of the plants.
50 cents per gram
Although CannabCo isn’t disclosing details of the growing process, it claims the tech delivers massive yields for less than 50 cents per gram indoors.
The system has been in development for more than four years, has a proven track record of cannabis cultivation, and is fully commercially scalable.
“We’ve observed and given input to the evolution of the system over the last four years and are constantly amazed at the yield, and consistency of the results,” said Mark Novak CannabCo’s chief operating officer.
“We are proud to have been part of its evolution and are very excited at the prospect of using the technology.”
Alongside the production cost of 50 cents per gram, CannabCo claims the system delivers consistent results, AAAA flowers and maximizes pathogen control and crop health.
Each year, Phoenix is capable of producing more than 1,000 grams of cannabis per linear square foot.
“Phoenix has a number of advantages over current traditional cultivation methods”, Novak said. “The market will demand pharma quality inputs and flower free from various pesticides. Customers always want a top shelf product, this has always been the company’s goal, and Phoenix has been designed to meet and exceed those expectations.”
Once CannabCo receives its license from Health Canada, the Brampton, Ontario-based company will have exclusive rights to deploy the cultivation technology for its Canadian operations.
“In a race to cultivate, some companies have deployed billions of dollars collectively on cultivation operations which are obsolete before being implemented. Little attention was given to proper technology specific to cannabis and the ability to cultivate a quality product”, claims Mark Pellicane, CEO of CannabCo, and a featured speaker at ExpoCannabiz 2019.
“Quality has been something sorely lacking from many growers and desperately needed in the Canadian market.”
Third part verified
To curb industry skepticism, CannabCo commissioned a third-party engineering and compliance firm specific to the cannabis industry, to evaluate the technology on its merits, observe a grow and produce an independent report on finding.
The results were conclusive, every one of the Tech firm’s, and CannabCo’s claims were verified.