Nhale (OTCQB:NHLE) is pleased to announce it is making strides towards
producing a prototype for its closed modular cultivation system.
Growpod, Nhale’s advanced grow technology, is based on the concept of
“controlled environment agriculture,” or CEA. An integrated science, CEA
is a combination of engineering, plant science and computer-managed
facility control to optimize plant development, plant quality and
production efficiency.
“The need for solutions in the exploding legal cannabis market is
driving innovation, particularly in the area of urban and indoor
cultivation,” said Lance Williams, President and CEO of Nhale. He added,
“We are committed to finding the best growing conditions that will
result in an environmentally friendly modular cultivation eco-system.”
Nhale is currently in talks with lighting and design experts as it
evaluates technology that will make the cultivation process more
efficient and affordable for experienced growers as well as first-time
cultivators.
Closed modular cultivation systems such as the one being developed by
Nhale allow growers to generate high density facilities that will
accelerate access to a healthy and secure supply of affordable, high
quality product – and do it more efficiently and economically than
traditional grow operations.
About Nhale, Inc. (OTCQB: NHLE)
Nhale™ is a technology company whose mission is to be the premier
cannabis industry innovator, promoting industry awareness and developing
economically sustainable partnerships while increasing shareholder
value. Nhale plans to become a leading provider of cannabis cultivation
systems and products in the U.S.
More information about Nhale is found at www.nhaleinc.com.
Forward-Looking Statements
Certain information provided in this press release constitutes
forward-looking statements. The words "anticipate", "expect", "project",
"estimate", "forecast" and similar expressions are intended to identify
such forward-looking statements. The reader is cautioned that
assumptions used in the preparation of such information, although
considered reasonable at the time of preparation, may prove to be
incorrect. Actual results achieved during the forecast period will vary
from the information provided herein as a result of numerous known and
unknown risks and uncertainties and other factors. You can find a
discussion of those risks and uncertainties in our EDGAR securities
filings with the Securities and Exchange Commission. Such factors
include, but are not limited to: general economic, market and business
conditions; fluctuations in the marijuana market; the results of product
development and the result of our efforts to develop strategic
relationships, partnerships and potential acquisitions that are in line
with our business model; outcome of partnership negotiations; the
uncertainty of market estimates; changes in environmental and other
regulations; risks associated with retail operations; and other factors,
many of which are beyond the control of the Company. There is no
representation by Nhale that actual results achieved during the forecast
period will be the same in whole or in part as those forecast. Except as
may be required by applicable securities laws, Nhale assumes no
obligation to publicly update or revise any forward-looking statements
made herein or otherwise, whether as a result of new information, future
events or otherwise.
Copyright Business Wire 2014