Roto-Gro World Wide (Canada) Inc., a wholly-owned subsidiary of Roto-Gro International Limited (“ASX:RGI”, “RotoGro” or the “Company”), is pleased to announce the initial delivery and installation of twenty-four RotoGro Rotational Hydroponic Garden Systems (the “RotoGro Systems“) for Miracle Valley Medical Alternatives M.V.M.A. Ltd. (“Miracle Valley”).
Miracle Valley is currently building a 29,000 sq. ft. state-of-the-art facility in British Columbia, Canada for the cultivation and processing of lawful cannabis (the “Facility”). Phase One of the Facility has been designed to accommodate nine grow rooms, comprising approximately 10,000 sq. ft., which will be outfitted with RotoGro Systems (which are stacked two units high in arrays of four), complete with the RotoGro’s propriety iGrow® grow management system software.
This initial delivery of the RotoGro Systems is the culmination of twelve months of the Company’s collaboration with Miracle Valley which included front-end technical support, building selection, electrical and mechanical design, consultations with municipal government, installation specifications, and building layout optimisation.
The RotoGro team have spent the last week at the Facility completing assembly, installation, testing, certification and training. With the successful completion of the first grow room, RotoGro will make subsequent deliveries on a room-by-room basis through the first half of 2019 as Miracle Valley advances its Health Canada license through Cultivation to a License to Sell.
The President of Miracle Valley, Derek Boyd states, “We have been using the RotoGro system for more than a year while designing and building our state-of-the-art facility. Our collaboration with RotoGro has significantly streamlined our work flows and operational costs. We are confident that the cutting-edge and patented design of the Roto-Gro Rotational Hydroponic Garden System will provide us with the lowest cost per gram and the highest yield per square foot in the lawful cannabis industry. We look forward to continuing our collaborative efforts with RotoGro to further expand our facility utilizing RotoGro Systems and adding a RotoGro fertigation solution as we move from standalone reservoirs to a fully automated and integrated growing operation.”
RotoGro Managing Director, Michael Carli states, “The inital delivery of twenty-four RotoGro Systems to Miracle Valley is a significant milestone in the Company’s trajectory to solidifying significant shareholder returns. The Miracle Valley purchase order represents $2.3M of value to the Company, with further negotiations regarding the expansion of the Miracle Valley facility and the installation of a fertigation system supplied by our wholly-owned subsidiary, Global Fertigation Solutions, Inc.. The success of the Miracle Valley order is driven by the early engagement of RotoGro working ‘hand in glove’ with our clients to ensure they receive the best support from concept to design, and then from build-out to production. Our RotoGro team continues to work diligently with RotoGro’s prospective clients across the lawful cannabis space and the perishable foods space to nurture our sales pipeline for future orders.”