Heliospectra Receives The Cannabist Award for Lighting Technology

(GOTHENBURG, Sweden/SAN FRANCISCO, CA, November 23, 2016) Heliospectra AB (publ) (OTCQB: HLSPY, FIRSTNORTH: HELIO), a world leader in intelligent lighting technology for controlled environments horticulture, announced today that the company was recognized as the Industry Leader in Lighting Technology award winner at the Second Annual Cannabist Awards.

Patented Heliospectra LED lighting technologies are the frontrunner in the competitive landscape of cannabis grow lights because they are designed specifically for both greenhouse and sole-source cultivation environments. Featuring custom optics and rigorously researched color wavelengths to optimize plant health and performance, Heliospectra IoT lighting solutions offer real-time feedback, integrated software controls and advanced connectivity with plant and environmental sensors to boost operational efficiencies.

“It is a thrill to win this prestigious award,” said Caroline Nordahl Wells, general manager for Heliospectra Americas. “Our primary goal is ensuring our customers are successful using Heliospectra technology. This recognition from such a reputable organization is a powerful endorsement of the hard work by our engineering and research teams here in North America and in Sweden.”

The company’s momentum continues to accelerate along with the legal marijuana industry in North America and is bolstered by unprecedented customer results achieved at The Grove Nevada and other cannabis cultivation leaders. Heliospectra LED grow lights enable businesses in the medicinal cannabis sector as well as global agriculture and horticulture industries to increase sales and fast-track ROI by reducing electric consumption and HVAC load while providing consistent, high quality harvests.

The Cannabist Awards recognize the world’s top researchers, technologists, thought leaders, products, influencers and philanthropists. A panel of expert judges, including some of the most respected leaders in many verticals in the industry from all over the US, Canada and Spain, selected winners in 40 categories. The awards celebrate the best in cannabis and hemp technology, research, sustainability, education, philanthropy and other forward-looking facets in the evolving cannabis space.

The Cannabist Awards is held by a division of The Denver Post, The Cannabist, a primary news source for the legal marijuana industry. The publication is widely recognized as one of the top marijuana industry publications. Fortune magazine named its editor Ricardo Baca one of the seven most powerful people in American cannabis. The Cannabist Awards highlights the brightest and most progressive names in the marijuana industry. The second annual Cannabist Awards were presented at a live event in Las Vegas on November 16, 2016 during the Marijuana Business Conference & Expo and winners were selected from more than 2,400 submissions.