TEL AVIV, Israel, June 02, 2021 (GLOBE NEWSWIRE) -- Seedo Corp. (OTCQB: SEDO), an agritech company that is developing the protocols to grow saffron using vertical farming technology, today announced that a delegation of Seedo executives and agricultural experts plan to meet with key officials from the pharmaceutical and nutraceutical industries, as well as saffron market leaders, investors and growers in Spain the week of June 7, 2021.
Seedo’s delegation also plans to meet with Professor Rosa V. Molina, a world-renowned expert in the research of saffron, and her team to execute the research agreement recently signed between Seedo Corp and The Polytechnic University of Valencia. A meeting with its first brand ambassador, two Michelin star chef Kiko Moya is also on the agenda. Chef Moya will test the quality and authenticity of the first batch of saffron grown via Seedo Corp’s vertical farming technology.
“There has never been a more exciting time in the saffron industry,” says David Freidenberg, CEO, Seedo Corp. “Our disruptive technology will deliver solutions that will allow the saffron market to expand globally while also helping local economies. We look forward to a productive week of meetings with prospective strategic partners, investors and our extended R&D team based in Madrid and Valencia.”
Growth in the saffron market has been hindered by the low yields, high costs and specific climate conditions required by traditional farming. Seedo Corp. is developing the data science necessary to grow saffron using vertical farming technology to bring a reliable and large-scale supply chain to the market.
Saffron growers, prospective investors, research advisors and media outlets interested in joining Seedo Corp’s line-up in Spain should e-mail info@saffron.ag.
About Seedo:
Seedo Corp. (OTC: SEDO) is an agritech company that focuses on the research, development, and commercialization of agriculture products that are high in demand but are hindered by the low yields and specifications required by traditional farming. Seedo's technology is aimed at transforming the way agriculture is done by offering a responsible and sustainable way to grow crops in a world confronted by environmental challenges and dwindling earth reserves, diminishing water sources and unstable weather conditions.
Cautionary Note Regarding Forward-Looking Statements
This letter contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, which are based on management's current beliefs and expectations and are subject to substantial risks and uncertainties, both known and unknown, that could cause our future results, performance or achievements to differ significantly from that expressed or implied by such forward-looking statements. Important factors that could cause or contribute to such differences include risks relating to our ability to successfully execute a smooth transition of CFO functions as well as our ability to retain and recruit qualified executives; uncertainties related to, and failure to achieve, the potential benefits and success of our senior management team and organizational structure; our ability to successfully compete in the marketplace; our substantial indebtedness, which may limit our ability to incur additional indebtedness, engage in additional transactions or make new investments; compliance, regulatory and litigation matters; other financial and economic risks; and other factors discussed in our Quarterly Reports on Form 10-Q and in our Annual Report on Form 10-K, including in the sections captioned "Risk Factors" and "Forward Looking Statements." Forward-looking statements speak only as of the date on which they are made, and we assume no obligation to update or revise any forward-looking statements or other information contained herein, whether as a result of new information, future events or otherwise. You are cautioned not to put undue reliance on these forward-looking statements.
Investor Relations Contact:
David Freidenberg,
Chief Executive Officer,
info@saffron.ag
+1 (800) 608-6432
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