BioHarvest Sciences Inc. (CSE:BHSC, OTC:CNVCF) said it has won The Business Intelligence Group’s 2022 Sustainability Leadership Award.
The Business Intelligence Group rewards those with vision, creativity and persistence and the awards programs rely on industry leaders who volunteer to read, score and judge nominations.
"By delivering the benefits of plants using a fraction of the energy, water, and land that agriculture would, we see the potential for conserving valuable global resources at a game-changing scale," said BioHarvest CEO Ilan Sobel in a statement.
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"We are gratified to have our sustainability efforts recognized and we are honoured to be among a distinguished list of multiple industries' leaders," Sobel added.
BioHarvest noted that sustainability is inherent in its Plant CELLicitation platform technology, adding that when applied to indoor cannabis cultivation, the company’s process delivers unrivaled results, such as:
- Water usage - 54 times more cannabis grown per gallon of water utilized as compared to indoor cultivation
- Electricity Productivity - 8 times more cannabis grown per kilowatt hour
- Land Usage - 19 times more cannabis output per square metre per 12 months
"My team and I are so proud that we have developed a technology platform that has the ability to not only deliver critical plant metabolites that the human body needs, without growing the plant, but it does so in a way that protects the planet for many generations to come," said Dr Yochi Hagay, the co-founder and CTO of the company.
Meanwhile, Maria Jimenez, chief nominations officer of the Business Intelligence Group said: "We are proud to reward and recognize BioHarvest Sciences for their sustainability efforts.”
"It was clear to our judges that their vision and strategy will continue to deliver results toward a cleaner, more sustainable world. Congratulations!"
BioHarvest Sciences, listed on the Canadian Securities Exchange, has developed a patented bio-cell growth platform technology capable of growing the active and beneficial ingredients in fruit and plants, at an industrial scale, without the need to grow the plant itself.
Contact the author at jon.hopkins@proactiveinvestors.com