Cannabis hardware companies manufacture devices and tools designed to streamline production or enhance the consumption experience for medical and recreational cannabis users. Product features may include, but are not limited to, dosage control and biochemical analysis.
Hardware innovations can play a key role in fostering the horizontal integration that we think is necessary for the cannabis industry to mature. For example, precision agriculture can help growers use fewer inputs to grow more cannabis and hemp. On the consumer and medical patient side, better dosage control may help brands build consumer trust and increase patient retention.
We also think successful hardware companies will find new ways to offer real-time information and diagnostics and focus on increasing the efficiency and effectiveness of other verticals in the cannabis value chain.
This is not an offer to sell or a recommendation to trade in any securities. This information is provided as of the date hereof. This document contains data obtained from third parties that Canopy Rivers has not independently verified. This document also contains forward-looking information within the meaning of Canadian securities law, which is based on certain assumptions. While management believes these assumptions are reasonable based on information available as of the current date, they may prove to be incorrect. Many assumptions are based on factors outside of Canopy Rivers’ control and actual results may differ materially from current expectations. Forward-looking information involves risks, including, but not limited to, the risk factors set out in Canopy Rivers’ most recent Management’s Discussion and Analysis and Annual Information Form. You should not place undue reliance on forward-looking information. Except as required by applicable law, Canopy Rivers assumes no obligation to update or revise any forward-looking information to reflect new events or circumstances.
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