PriceSensitive

Delta 9 (TSX:DN) partners with Cultivatd Inc.

Cannabis
TSX:DN
13 September 2021 15:00 (EDT)

Source: Cultivatd Indoor Vertical Farming Brokerage

Delta 9 Cannabis Inc. (DN) has entered into a partnership with Cultivatd Inc. to complement its B2B sales team.

Cultivatd is an indoor farming technology broker that connects people and businesses with the proper vertical farming technology for their needs. The company leverages its years of experience in the indoor farming industry to assess project needs and recommend the best solution for a clients’ budget, type of growth, location and knowledge.

“We are looking forward to working with Cultivatd to drive future sales in our B2B Grow Pod business in Canada and the US marketplace.

Our B2B business unit has produced over $15 Million in revenue since 2018 and this partnership will help us to further ramp our sales and marketing efforts in North America,” said John Arbuthnot, CEO of Delta 9.

“We feel confident that the US market will provide a significant growth opportunity for our B2B and equipment product sales in the coming years,” added Arbuthnot.

Delta 9’s cultivation methodology is based around a modular, scalable, and stackable production unit called a “Grow Pod”, which is based on retrofitted 40-foot shipping containers.

The Grow Pods are built to comply with Health Canada or other State or federal regulatory standards for security, Good Production, Good Agricultural Practices and are optimized for large-scale cultivation operations.

Cultivatd is a team of indoor farming experts that can combine their knowledge of product development, indoor farming operations and technology to ensure a prospective client’s project is a success.

Co-founded by two industry-veterans, Cultivatd represents over 40 different vertical farming and greenhouse growing technologies to better help people select which tools and tech are best suited for their project needs.

Cultivatd currently has $200 million of quotes in the pipeline with prospective clients in Canada, the United States and Australia.

“We are excited to work with Delta 9 as they expand internationally and into new Canadian provinces. Cultivatd was designed to work with companies looking to explore new markets,” said Eric Levesque, Managing Partner and co-founder at Cultivatd an indoor farming brokerage.

Delta 9 Cannabis Inc. (DN) is in the grey, trading at C$0.14 at 1:29 pm ET.

Related News