- Mary Agrotech (MARY) has entered a strategic partnership with Bright Seedbase Technology
- Bright Seedbase is the vertical farming and cultivar R&D arm of Bright Food Group, one of China’s largest food and beverage companies
- The partnership covers cultivation R&D and offers Mary Agrotech preferential candidacy in future Bright Food vertical farming projects
- Mary Agrotech develops, manufactures and markets automated growing systems integrated with data-driven AI
- Mary Agrotechnologies (MARY) is up by 36.36 per cent trading at $0.30 per share
Mary Agrotech (MARY) has entered a strategic partnership with Bright Seedbase Technology.
Bright Seedbase is the vertical farming and cultivar R&D arm of Bright Food Group, one of China’s largest food and beverage companies with US$23.2B in revenue in 2020.
The partnership involves:
- Cultivation R&D in controlled environment and vertical farms including vegetables, fruits, medicinal herbs, green fodder and high-value crops (wasabi, vanilla, tea, tobacco)
- Bright Food’s consideration of Mary Agrotech as a preferred candidate in its future vertical farming projects
“We are incredibly thrilled to work with one of the top conglomerates in China,” said Frank Qin, CEO of Mary Agrotech. “With interests in vertical farming and controlled-environment agriculture rapidly growing in China, we noticed Mary Agrotech’s innovations – from AI-driven cultivation to smart hardware to management apps – give us many competitive advantages over other companies in the country.”
Mary Agrotech develops, manufactures and markets automated growing systems integrated with data-driven AI.
Mary Agrotechnologies (MARY) is up by 36.36 per cent trading at $0.30 per share as of 11:49 am EST.