EnerDynamic Hybrid Technologies Corp (TSX-V:EHT) ("EHT") is pleased to announce it has received a firm Purchase Order for 2 Micro Grow Units and a binding Letter of Intent to purchase up to 20 Micro Grow Units from Lighthouse Growers Inc. ("LG").
Initially they have placed a firm purchase order for 2 Micro Grow Units at a price of $750,000 each with a deposit of $250,000 with the order and will make progress payments as the units are built over the next few months with delivery in April 2020; future units are to be delivered in the fall of 2020 and the spring of 2021.
LG plans to use the first units to apply for and receive their Health Canada certificate for Cannabis Micro Grow facilities. LG has selected EHT for its units because EHT's ENERTEC product is the best suited for Micro Grow facilities and the most cost effective to run.
Jerry Foster, President of LG, commented "The opportunity to efficiently implement the EHT Micro Grow Units as a turn-key solution, where the attributes are incredibly conducive to a micro grow system. The ability to be scalable with a cost-efficient platform is key to the success of the venture. EHT's turn-key system provides and meets all of the requirements."
John Gamble, CEO of EHT, stated that "This is a turning point for EHT and its products. We have now secured orders and deposits from various customers in different industry sectors; we have partnered with Canadore College to provide a food program to First Nations; we have started our own Micro Grow Unit at our facility; and have now an order backlog that is growing by the week. 2020 will definitely be our breakout year."