Canadian cannabis tech company Roto-Gro International (ASX:RGI) has become the latest international cannabis company to list on the ASX.
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Roto-Gro makes rotary hydroponic gardens that allow for plants to be grown without soil. Its “420 model” (not even joking) can grow up to 420 plants.
“Plants are inserted into Rockwool type cubes, which are secured in the ‘Quick Drain Trays’. The trays are then placed inside a circular wheel, the garden is motorised and the trays are revolved 24 hours a day around centre-fixed HID lamps,” says the company’s website.
Roto-Gro’s 420 model
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The Roto-Gro System was originally designed in Canada in 2006, and has been manufactured and improved ever since, reports Proactive Investors.
The company joins a list of cannabis stocks on the Aussie stock exchange including Zelda Therapeutics (ASX:ZLD), MGC Pharmaceuticals (ASX:MXC) and Creso Pharma (ASX:CPH).
