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SAFFRON TECH SET TO GROW SAFFRON OFF-SEASON WITH ARRIVAL OF GROWING BULBS FROM CHILE

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Saffron Tech has achieved a milestone by becoming the first company to import specialty saffron bulbs from Chile to Israel.

This development supports Saffron Tech's research and development for indoor saffron cultivation. The recent legislation permitting these imports accelerates the company's plans to innovate in the saffron industry, leveraging proprietary technology for vertical farming. Additionally, Saffron Tech has partnered with the ARO Volcani Center to enhance agricultural innovations in Israel, focusing on sustainable and efficient saffron production.

Positive
  • Import of specialty saffron bulbs from Chile allows for advanced R&D in indoor saffron cultivation.
  • Legislation change in Israel facilitates new opportunities for saffron production.
  • Partnership with ARO Volcani Center enhances innovation capabilities.
Negative
  • None.

The future of saffron growing reaches a new milestone as Saffron Tech becomes the first company able to import Chile’s specialty saffron bulbs to Israel.

TEL AVIV, ISRAEL, March 30, 2021 (GLOBE NEWSWIRE) -- Saffron Tech, a subsidiary of Seedo Corp. (OTC: SEDO), continues to focus attention on new equipment investments with the addition of saffron bulbs imported from Chile. The specialty bulbs enable Saffron Tech to continue its research and development plans for growing saffron indoors year-round. Prompted by the company’s legislation efforts, Israel recently permitted the import of bulbs from Chile. This purchase advances Saffron Tech’s POC process, getting the company closer to producing a reliable source of saffron for mass operations.

“We’ve accelerated our plans to revolutionize the saffron industry with the arrival of the saffron bulbs from Chile,” says David Freidenberg, CEO of Seedo Corp. “We have an eye on the future and this shipment is another move forward in developing the proprietary technology and protocols needed to grow saffron in indoor vertical farming.”

Saffron Tech seeks to disrupt the billion-dollar saffron market with its innovative indoor vertical growing technology that offers an alternative to traditional farming methods.  The traditional way of growing saffron is labor intensive, manual, and costly. The production operations are complex with low yield and the plant itself is very sensitive to environmental conditions.

The company recently entered an agreement with ARO Volcani Center, Israel’s largest and most prestigious agricultural research center. As a research powerhouse, the Volcani Center is responsible for developing Israel’s agricultural innovations and IP.

About Seedo
Seedo Corp. (OTC: SEDO), is an agritech company that focuses on the research, development and commercialization of agriculture products. 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 resources and unstable weather conditions.  Saffron Tech is a wholly owned subsidiary of Seedo Corp. 

Media Relations Contact:

David Freidenberg, Chief Executive Officer,
info@saffron.ag
(800) 608-6432


FAQ

What is Saffron Tech's recent achievement regarding saffron bulbs?

Saffron Tech has become the first company to import specialty saffron bulbs from Chile to Israel.

How does the import of saffron bulbs impact Saffron Tech's operations?

The import allows Saffron Tech to advance its research and development for growing saffron indoors year-round.

What is the significance of the partnership with ARO Volcani Center?

The partnership enhances Saffron Tech's capabilities in agricultural innovation and development.

What are Saffron Tech's plans for the saffron industry?

Saffron Tech aims to disrupt the saffron market with innovative indoor vertical growing technology.

What is the stock symbol for Seedo Corp?

The stock symbol for Seedo Corp is SEDO.

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