CANNABIS AND TECH MAKE GREAT PARTNERS

Posted by on March 14, 2019 15:10
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Categories: Tech

CANNABIS AND TECH MAKE GREAT PARTNERS
BRAINGRID PROVIDES REAL-TIME REPORTS IN THE CLOUD FOR CANNABIS COMPANIES
 
Braingrid (www.braingrid.io ) is one of the first firms to bring the transformative impact of cloud services, the Internet of Things, and soon AI and machine learning to the cannabis market.
 
Braingrid is one of the first representatives that will be the next wave of public cannabis companies – firms creating innovative solutions for cultivators. 
 
(Why Is Braingrid Cool:  Because it is one of, if not THE first to deliver cloud services, IoT, and soon AI/ML to the cannabis market
 
Representative of a new and growing market segment – “get ready for the next wave of cannabis pubcos”) – (service/ancillary)
Product Overview
 
Braingrid provides a wireless analytics system that delivers real-time insights, alarms and reports on a cannabis grow. The system leverages sensors to measure variables within the microclimates in a grow facility. These can include temperature, moisture, soil or nutrient pH, air pressure, humidity, and more. Braingrid aggregates and evaluates this information in real-time and sends insights and notifications to the cultivators as needed. Cultivators can check in on the status of their grow from wherever they have an Internet connection.
 
 
Via its wireless analytics solution for precision agriculture, Braingrid enables cannabis cultivators to compete more effectively, optimize their use of resources, and be more profitable.
 
  • Braingrid reduces grow risk
  • Braingrid reduces costs
  • Braingrid helps cultivators increase their yields
  • Braingrid can provide the insights needed to make predictions about future yields
We help understand the past with our monitoring system which detects and records anomalies and trends
 
We can predict the future by integrating various sources of data (including our own sensors), and analyzing complex anomalies and signatures

Why is this important:
  • Braingrid can monitor the present with our (near) real-time and wireless sensor network
  • Braingrid enables cultivators to compete more effectively/be more profitable

As the cannabis market continues to grow and competition heats up, cannabis cultivators have a deep need to ensure their facilities and crop are optimized in terms of yield and cost.

 
This has resulted in the demand for technical solutions that enable cultivators to have real-time insight into the state of their cultivation facilities. Conversely, Braingrid estimates that by the end of 2019 there will be 100 million square feet of growing space for Cannabis in North America. This represents a recurring revenue opportunity of $10M per month. This opportunity will likely continue to grow as the cannabis market expands, with some estimates predicting the total cannabis market to reach $500B within seven years.