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Heliospectra Exhibiting at Marijuana Business Conference and Expo in Las Vegas

Heliospectra AB (publ) (OTCQB: HLSPY, FIRSTNORTH: HELIO), a world leader in intelligent lighting technology for controlled environment horticulture, today announced its exhibition at the Marijuana Business Conference and Expo, November 16-18, 2016 in Las Vegas, Nevada. Heliospectra will showcase integrated LED light systems in booth #235, meeting with more than 9,500 medicinal cannabis cultivators, licensed facility owners and industry leaders during the fifth annual MJBizCon event hosted by the editors of Marijuana Business Daily.

 With the influx of licensed facilities, increase in municipal and state regulations, and downward market pricing pressure, many cultivators and business operations teams attending this year’s conference are seeking new technology solutions to improve profitability by lowering cost of goods sold and boosting revenue.

“Since cannabis is a light hungry plant, cultivators replace traditional HID lamps with LED systems to reduce energy and HVAC costs for rapid ROI,” said Caroline Nordahl Wells, General Manager, Americas for Heliospectra. "But cannabis growers and CFOs quickly discover even more exciting benefits only achievable with the Heliospectra LED solution, including the ability to reduce turn times for an additional annual harvest and consistently hit yield and potency targets. Additionally, cultivators are rapidly developing custom-crafted products through simple intensity and wavelength adjustments.”

Heliospectra combines several different groups of versatile light emitting diodes (LEDs) with optics, remote sensing techniques, and a robust heat dissipation solution, which is critical for maintaining temperature and relative humidity in large-scale, commercial cannabis grow operations. The Company’s IoT-enabled light strategies and smart controls also pair with a multitude of sensor technologies to deliver business critical data back to growers.

Heliospectra continues strong sales momentum of its programmable, full-spectrum LED lighting solutions within North American medicinal cannabis communities, bolstered by the unprecedented customer results achieved at The Grove Nevada, Green Leaf in Alaska and other cultivation leaders who maximize revenue and ROI with consistent harvests and quality crops.