TORONTO, Aug. 23, 2018 /CNW/ - Braingrid Corporation ("Braingrid"), a global provider of affordable, scalable, and easy-to-deploy sensor platforms for precision agriculture is pleased to announce the launch of an AI (artificial intelligence) Data Analytics Program with WeedMD Inc. and Beleave Kannabis Corp., further leveraging Braingrid's strategic agreement with Ample Organics Inc. ("Ample Organics")

In 2017, Braingrid and Ample Organics, the most widely adopted enterprise seed-to-sale cannabis platform in Canada, entered into a strategic partnership whereby Braingrid would leverage its data collecting sensor platform to enhance Ample Organic's customer offering with grow data analytics.

"Early on, Braingrid and Ample Organics recognized an unprecedented opportunity for mutually advantageous success through a strategic partnership," said John Prentice, CEO of Ample Organics. "We are pleased to see this project underway and even more excited to see the results it yields."

WeedMD and Beleave, two leading Licensed Producers in Ontario, have agreed to participate in an exclusive and separate data analytics project that will aggregate, cleanse and study their critical cultivation data.

"We are proud to say we are early adopters of the Braingrid solution," said Keith Merker, CEO of WeedMD. "The long-term, historical data we have been collecting is a great asset to mine for insight into lowering costs and increasing yield."

By combining the vast experience of Braingrid's cultivation expert Shlomo Booklin together with the scientific rigour of Braingrid's new hire and Plant Data Scientist, Vanessa Nielson Ph.D., Braingrid will provide meaningful, predictive insights that are expected to lead to increased yields, energy efficiency and reduced crop risk. This will provide a competitive advantage unlike other analytics tools available to the cannabis market.

"We have been working with Braingrid for several months now and have already seen the benefit of real-time data collection," said Roger Ferreira, Chief Science Officer and Director at Beleave. "Taking it one step further has the potential to help us optimize our grow unlike ever before."

Braingrid focuses on collecting data from the sensors that have been identified by growers as the most pertinent factors to a successful production facility such as CO2, Temperature, Humidity, EC, VWC, PAR, pH and power consumption.

"We're seeing the square footage for cannabis cultivation explode and it's hard for growers to keep an eye on everything, all the time," said Michael Kadonoff, Founder and CEO of Braingrid. "Our mission is to give the growers better intelligence to easily protect their bottom line wherever they are in the world."

About Braingrid:

Braingrid is a Toronto based company that globally provides an affordable, versatile and quick-to-install sensor platform for cannabis cultivators. Braingrid captures real-time data needed to increase revenues, reduce costs and risks, and connects cultivators to their grow on a microclimate level.

FORWARD-LOOKING INFORMATION

This news release includes forward-looking information and statements, which may include, but are not limited to, information and statements regarding or inferring the future business, operations, financial performance, prospects, and other plans, intentions, expectations, estimates, and beliefs of Braingrid. Information and statements which are not purely historical fact are forward-looking statements. Forward-looking information and statements involve and are subject to assumptions and known and unknown risks, uncertainties, and other factors which may cause actual events, results, performance, or achievements of Braingrid to be materially different from future events, results, performance, and achievements expressed or implied by forward-looking information and statements herein. Such forward-looking statements include statements regarding the proposed analytics program and the impact it will have on customers. Although Braingrid believes that any forward-looking information and statements herein are reasonable, in light of the use of assumptions and the significant risks and uncertainties inherent in such information and statements, there can be no assurance that any such forward-looking information and statements will prove to be accurate, and accordingly readers are advised to rely on their own evaluation of such risks and uncertainties and should not place undue reliance upon such forward-looking information and statements. Any forward-looking information and statements herein are made as of the date hereof, and except as required by applicable laws, Braingrid assumes no obligation and disclaims any intention to update or revise any forward-looking information and statements herein or to update the reasons that actual events or results could or do differ from those projected in any forward-looking information and statements herein, whether as a result of new information, future events or results, or otherwise, except as required by applicable laws.

SOURCE Braingrid Corporation

For further information: Media Contact: Laura Leslie, [email protected]