Adaptiiv Grow Technologies Selected for 87,000 Sq. Ft. Commercial Cultivation Facility in Massachusetts
New Adaptiiv technology integrates to create the most environmentally sustainable and energy efficient cultivation system for indoor cannabis
RIDGEFIELD, Conn., Sept. 24, 2021 /PRNewswire/ -- Adaptiiv Grow Technologies, the next generation in commercial cannabis cultivation technology, announced today it has been contracted for an 87,000 square foot cultivation facility in Massachusetts. The first fully integrated solution of its kind, Adaptiiv's suite of patented products includes Liquid Cooled LEDs, HVACD, and a Full Facility IoT Control Platform. Compared to traditional equipment and "piece-meal" solutions, this patented system produces the most environmentally sustainable and energy efficient solution for indoor cannabis cultivation.
"Our team has worked tirelessly over the past two years to continually test and refine our technology to not only deliver unparalleled results but to also be the most efficient and sustainable way to cultivate cannabis commercially," said Brian Hajdarovic, chief operating officer at Adaptiiv. "We have the unique benefit of having our own beta facility - we are constantly running our equipment under real-world conditions and ensuring that our products are ready to meet the demands and expectations of the modern-day cultivator and facility operator."
Adaptiiv has been officially selected to provide its entire suite of products and integrated system for the new 87,000 sq. ft. facility in Mass.
An owner's representative for the new facility shared why Adaptiiv was selected for this competitive project: "I've been a systems guy for a long time, and Adaptiiv has thoroughly impressed me with its product suite. The mechanical dehumidification equipment is ideal for cannabis cultivation and uses far less energy than any of the competition. The controls are first class, and the lights are the icing on the cake. Adaptiiv has a robust, reliable and sustainable system working in harmony."
Leader in Sustainability and Energy Efficiency
"Investing in the Adaptiiv system gives our clients two significant advantages: significant reduction in OpEx ranging between 40-60% depending on the baseline comparable and, as markets mature and cannabis becomes commoditized, the cost per/lb. decreases dramatically," added Hajdarovic.
Adaptiiv's chilled water system leverages its patented line of equipment to create the most efficient dedicated commercial system for indoor cultivation on the market.
"We have worked with a multitude of utility companies around the country – each one has independently verified the efficiencies of the system – with our largest captured incentive to-date being 51% of the total CapEx," said Ken Bouquillon, head of cultivation at Adaptiiv. "Our integrated system allows our clients to maximize revenues through consistent product yield and quality while doing so at a much lower operating cost. We also bring all the critical aspects of a commercial job to the table to streamline and simplify what is traditionally a complicated process."
From a cultivation perspective, Adaptiiv provides purpose-built equipment designed specifically for commercial applications resulting in lower labor requirements through automation (SAAM), reducing the risk of crop loss through an integrated system with best-in-class environmental controls (at scale), and power and flexibility to drive best-in class yield and quality (LEDs & HVACD).
Manage Large Scale Cultivation Systems with Single Control Platform
System Automation & Management (SAAM) is the industry's first true industrial IoT control platform and a full facility management system integrating environmental controls, building management systems, and seed-to-sale. SAAM allows owners and operators to consolidate an entire cultivation facility under a single control platform.
SAAM is designed to automatically target vapor pressure deficit (VPD) through Adaptiiv's proprietary sequence of operations, PID Loops, and cannabis-driven algorithms. As the grow environment changes throughout the grow cycle, SAAM "speaks" to the equipment systems with specific operating instructions to hold VPD, RH, and temp set-points (automatically, in real-time).
Investment in Technology for the Future
As a true end-to-end solutions company, Adaptiiv has a curated network of strategic partners to streamline design and engineering, increase speed to market and decrease chances of project delays.
Hajdarovic was the former Vice President at GE Capital in the industrial lighting space and finance liaison for Current Powered by GE, the former commercial lighting business for GE. He is joined at Adaptiiv by an executive team that includes 15 years of cannabis cultivation and operations, commercial lighting, and Wall Street experience. Adaptiiv's Chairman Ross Bevevino, industry veteran and co-founder of Mollitiam Capital, a U.S.-focused cannabis private equity fund, invested in Adaptiiv and accelerated the launch of the company this year.
"Adaptiiv is the only ancillary company we have backed as it is the first truly sustainable and ESG qualified cannabis cultivation business we have encountered," said Bevevino. "The integrated system creates the cost savings, efficiencies and scalable grow solutions for institutional cost management which is where the U.S. cannabis supply chain is headed."
In addition to the patented equipment, Adaptiiv also provides an array of design and full mechanical, electrical and plumbing (MEP) engineering services from load calculations and facility layouts, through system start-up and commissioning.
About Adaptiiv
Adaptiiv Grow Technologies is the leader in purpose-built, energy efficient, cannabis cultivation technology. The Adaptiiv solution includes a first of its kind fully integrated cultivation system designed for indoor commercial cultivation. Adaptiiv's suite of patented products: Liquid Cooled LEDs, HVACD, IoT Control Platform (SAAM) are combined to create the most environmentally sustainable and energy efficient cultivation system for indoor cannabis. The flexible system is designed to handle the unique environmental operating parameters and set points required in cannabis cultivation and deliver unmatched crop yield. For more information visit, https://www.adaptiivgrow.com/.
SOURCE Adaptiiv Grow Technologies
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