Why has the share price of sustainable agriculture increased today?

The shares of Roots Sustainable Agriculture Technologies Limited [ASX:ROO] increased in value by 4.76% shortly after announcing the success of its first global pilot project combining RZTO temperature control and technologies NFT (Nutrient Film Technique). Roots shares are currently trading at 33 cents, 50.7% lower than the 52 weeks of the company.

The agricultural society develops and commercializes advanced technologies to solve critical industry issues, including climate management and scarcity. water for irrigation. In summary, their technology can heat and cool the roots of crops with minimal energy.

The Result of the First Roots World Pilot

This morning Roots announced the success of its commercial operation combining its RZTO temperature control The two technologies combined have increased the quality of production and the 20% growth cycle , while ensuring that the temperatures of the nutrient solutions remain stable despite temperatures in the greenhouse of nearly 40 degrees

. The results show the potential of this technology to enable farmers to stabilize nutrient temperatures to significantly increase profits through more efficient crop management – even in extreme weather conditions.

Roots CEO, Sharon Devir, commented:] " This is a major breakthrough in the control of greenhouse crops. To our knowledge, no other commercial company in the world offers RZTO and NFT cooling systems for hydroponics or other substrates such as culture bags or soil. Until now, the only option for farmers to reduce heat load in greenhouses was to use large evaporative cooling systems with multiple fans. However, they are expensive to buy and operate, consume a lot of energy and increase moisture levels in the greenhouse, which increases the disease levels on the plants. & # 39;

What is Roots? month, Roots announced that it was going to enter the US cannabis market – currently valued at 7 billion US dollars, estimated at $ 22 billion by 2021 – by starting a pilot project with American Farms Consulting LLC in Washington

. value, the company has had good news to share with investors over the past two weeks, while pointing to positive growth for the company.

Sincerely,

Dannielle Rawlings,
for Silver Currency

PS: Roots Sustainable Agriculture Capitalizes $ 9.87 million – clbadifying it as a small-cap Our badyst, Sam Volkering, believes that this is the sector with the biggest potential gains, which is why he wrote a free report in which he reveals his best small-cap choices. If you are interested in finding out more, check out his free report – The Three Best Aussie Small Cap Stocks. aujourd & # 39; hui.

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