Seedo Concerns Letter to Shareholders

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TEL AVIV, Israel, July 29, 2019 /PRNewswire/ — Seedo Corp. – “Seedo” (OTCQB: SEDO) – an agritech enterprise delivering the world’s initially totally automated and controlled indoor increasing technologies for the “at-home” and industrial agriculture markets, right now issued a letter to shareholders.

Dear Fellow Shareholders,

With each other, we are delivering the future of automated plant increasing technologies, from seed to harvest, for each customer and industrial use. By integrating artificial intelligence (AI), significant information, robotics, and remote develop technologies, we are delivering on our vision and mission to boost agriculture for a increasing planet population. We thank our shareholders for becoming our partners in this mission.

Customer side of the company:

We are continuing to provide the Seedo totally automated household develop device to consumers in North America and Europe. We are happy to share that customer response has been overwhelmingly optimistic, with consumers sharing their satisfaction on social media platforms, additional driving customer enthusiasm and demand. Seedo has also lately garnered very favorable coverage in important media outlets like Forbes, Vice, Maxim, Herb, Green Entrepreneur, Small business Insider, Bloomberg, and The Guardian.

In addition to promoting the Seedo direct-to-customer by means of our site, we are presently ramping up our promoting and distribution efforts in North America and Europe in order to additional raise device sales. Specialty retailers are pretty interested in promoting the Seedo each by means of their physical and on the web shops that serve the healthcare cannabis develop marketplace. Furthermore, we are progressing with a quantity of strategic significant-box retailers in North America for extra meaningful sales exposure.

We are presently evaluating the choice to present a leasing model for our future consumers with a third-celebration who will supply a credit line. We think that delivering consumers the selection to personal or lease the item will substantially raise future sales. In order to meet larger sales volume, we have begun to ramp up month-to-month manufacturing of the device.

Industrial side of the company:

We have begun to manufacture our B2B Seedo Farm containers. We have created two lines of containers, one particular specialized for healthcare cannabis and a new line uniquely created for vegetables and herbs.

Seedo’s technologies enables licensed healthcare cannabis producers complete manage and automation of all plant development parameters, as a result enabling for extra precise unified standardized yields appropriate for the meals, beverage and pharma industries. The containers supply a complete turn-important option and we are in the procedure of securing EU-GAP and EU-GMP certification to meet international requirements. Seedo has currently signed two agreements to establish healthcare cannabis farms at Kibbutz Dan and Moshav Brosh.

Seedo’s new vegetable and herb industrial containers gives an extraordinary option for industrial agriculture farmers in a assortment of “at-risk” markets. Stackable containers afford dramatic savings in land-use, water consumption and human labor desires. Seedo Farm units can be installed anyplace, from rooftops in densely populated cities, to open space in deserts, increasing a assortment of organic vegetables and herbs, 24/7, independent of climate situations. We have been pretty pleased to qualify as a registered vendor for the United Nations International Marketplace, and are functioning to establish a pilot plan in nations suffering from intense climates and pollution, thereby serving the increasing international population with fresh make all year round. Seedo’s option can be a marketplace leader in vertical urban farming, enabling expense helpful development with no damaging chemical compounds, with an extended shelf life, and with decreased logistics charges.

In our view, each the healthcare cannabis and the traditional agriculture sectors are primed for substantial transformations in the coming years due to a assortment of environmental and logistical challenges worldwide. For the reason that these two sectors are characterized by diverse industrial markets, as nicely as diverse investor profiles in the capital markets, Seedo is evaluating the chance to split its company into two separate units, one particular that exclusively serves the healthcare cannabis marketplace, and a further focused solely on vegetable and herb agriculture. We will retain our shareholders informed about these developments.

As the planet becomes increasingly extra difficult to feed, we are going to transform the way folks develop and consume fresh make. We will retain you updated on our progress.

Yours Sincerely,
Zohar Levy
CEO &amp Chairman
Seedo Corp.

About Seedo
Seedo is a marketplace major higher-tech enterprise delivering the healthcare cannabis and agriculture industries with the world’s initially totally automated and controlled indoor increasing machine. Seedo gives growers with the freedom to reduce charges when creating higher yields of lab-grade, pesticide-absolutely free herbs and vegetables. Seedo’s AI-powered, turnkey systems allow any one from typical buyers to massive-scale producers the capability to develop with no prior practical experience or ample space. Seedo is a publicly traded enterprise backed by a group of international investors like Cannabics Pharmaceuticals and is headquartered in Israel. For extra info, visit http://www.seedo.com

Disclaimer:

Specific statements contained in this release may well constitute forward-searching statements inside the which means of the Private Securities Litigation Reform Act of 1995.  Such statements incorporate, but are not restricted to statements identified by words such as “believes,” “expects,” “anticipates,” “estimates,” “intends,” “plans,” “targets,” “projects” and equivalent expressions.  The statements in this release are primarily based upon the existing beliefs and expectations of our company’s management and are topic to important dangers and uncertainties.  Actual benefits may well differ from these set forth in the forward-searching statements. Many elements could trigger or contribute to such variations, like, but not restricted to, benefits of clinical trials and/or other research, the challenges inherent in new item improvement initiatives, the impact of any competitive solutions, our capability to license and guard our intellectual home, our capability to raise further capital in the future that is essential to keep our company, modifications in government policy and/or regulation, possible litigation by or against us, any governmental assessment of our solutions or practices, as nicely as other dangers discussed from time to time in our filings with the Securities and Exchange Commission, like, with no limitation, our newest Kind 10-Q Report filed on May 15th, 2019.  We undertake no duty to update any forward-searching statement or any info contained in this press release or in other public disclosures at any time. Lastly, the investing public is reminded that the only announcements or info about Seedo Corp. which are condoned by the Corporation will have to emanate from the Corporation itself and bear our name as its supply.

Contacts:
Seedo Corp.
+972-77-6149333
[email protected]
http://www.seedolab.com

Seedo logo (PRNewsfoto/Seedo)

Ryan Allway

About Ryan Allway

Mr. Allway has more than a decade of practical experience in the economic markets as each a private investor and economic journalist. He has been actively involved in the cannabis business because its inception, covering public and private providers.




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