AgFunderNews Speaks with Seedo Corp About the $1 Billion Saffron Industry
Seedo Corp (OTCQB: SEDO) is advancing its R&D efforts to penetrate the saffron market and enhance shareholder value. CEO David Freidenberg announced the distribution of the company's first samples of vertically farmed saffron to pharmaceutical and nutraceutical sectors. The company aims to tackle current market challenges, utilizing premier data scientists and advanced vertical farming technology. Recently, Seedo acquired AEssenseGrows' AEtrium System to bolster its research capabilities for superior saffron quality.
- Distribution of initial saffron samples enhances market visibility.
- Acquisition of advanced AEtrium System to improve saffron quality.
- Significant risks and uncertainties may impact future performance.
- Substantial indebtedness could limit future investments and transactions.
David Freidenberg, CEO Seedo Corp, discussed advancements in the company’s R&D efforts designed to expand the company’s presence in the saffron market and bring shareholder value.
TEL AVIV, Israel, June 17, 2021 (GLOBE NEWSWIRE) -- Seedo Corp. (OTCQB: SEDO), an agritech company that is developing the protocols to grow saffron using vertical farming technology, spoke with AgFunderNews in a recently published article to announce the company’s advancements that include distributing its first samples of vertically farmed saffron to pharmaceutical and nutraceutical companies. The interview gave an in-depth look at the challenges that hinder the spice’s growth in the market and how Seedo Corp’s technology and research can create a reliable, large-scale supply of the spice for use in a variety of industries.
“I was thrilled to speak with AgFunderNews about Seedo’s plans to accelerate growth,” says David Freidenberg. “We are looking to transform the saffron industry by solving the biggest challenges it currently faces. I believe we are well positioned to reach our goals as we now have the world’s premiere data scientists and researchers on our team, as well as the most advanced technology to grow saffron in vertical farms.”
Seedo Corp recently purchased AEssenseGrows’ modular AEtrium System equipment to advance its R&D efforts. The new machinery features the latest software designed to create the precise growing conditions to deliver superior quality saffron.
About Seedo:
Seedo Corp. (OTC: SEDO) is an agtech company that focuses on the research, development, and commercialization of agriculture products that are high in demand but are hindered by the low yields and specifications required by traditional farming. Seedo's technology is aimed at transforming the way agriculture is done by offering a responsible and sustainable way to grow crops in a world confronted by environmental challenges and dwindling earth reserves, diminishing water sources and unstable weather conditions.
Cautionary Note Regarding Forward-Looking Statements
This letter contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, which are based on management's current beliefs and expectations and are subject to substantial risks and uncertainties, both known and unknown, that could cause our future results, performance or achievements to differ significantly from that expressed or implied by such forward-looking statements. Important factors that could cause or contribute to such differences include risks relating to our ability to successfully execute a smooth transition of CFO functions as well as our ability to retain and recruit qualified executives; uncertainties related to, and failure to achieve, the potential benefits and success of our senior management team and organizational structure; our ability to successfully compete in the marketplace; our substantial indebtedness, which may limit our ability to incur additional indebtedness, engage in additional transactions or make new investments; compliance, regulatory and litigation matters; other financial and economic risks; and other factors discussed in our Quarterly Reports on Form 10-Q and in our Annual Report on Form 10-K, including in the sections captioned "Risk Factors" and "Forward Looking Statements." Forward-looking statements speak only as of the date on which they are made, and we assume no obligation to update or revise any forward-looking statements or other information contained herein, whether as a result of new information, future events or otherwise. You are cautioned not to put undue reliance on these forward-looking statements.
Contact:
David Freidenberg,
Chief Executive Officer
info@saffron.ag
+1 (800) 608-6432
FAQ
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