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- The preliminary results of SativasTech’s latest research findings show that it has successfully produced high-quality saffron in indoor vertical farms.
- First results Confirmation Sativas Tech Protocol allows 4 cycles of saffron It collects annually.
- Sativas Tech is currently ramping up their investor relations as they plan to grow their business globally.
Tel Aviv, Israel, July 28, 2022 (GLOBE NEWSWIRE) — Sativus Tech Corp (OTC: SATT) today announced the results of an evaluation conducted by an independent laboratory showing that the saffron produced in this growing cycle is of very high quality in most categories along with other characteristics. In addition, the preliminary results of recent laboratory results show that saffron can be harvested in a 3-month growing cycle, which indicates that there is a high probability that Saffron Tech can successfully complete 4 cycles per year. Traditional agriculture can only produce one crop cycle per year with labor-intensive harvesting processes based on labor-intensive and harsh climatic conditions.
The fundamental developments allow the company to advance its business plan by expanding production facilities around the world. Satives Tech has launched a new crowdfunding fund to raise capital as it seeks to create a high-tech facility that uses robotics and automation to enhance various growth and reproduction processes.
“This is an exciting milestone that shows SativsTech is progressing as planned on all fronts,” said Tal Wilk Glaser, CEO of SativsTech. “We are now in a very good position to grow our business. As we enter this next phase, we will focus on finalizing the investments that will enable us to set up our first large-scale indoor vertical saffron farm.”
A comprehensive analysis of this development cycle will be available before the next development cycle from September 2022.
Saffron market growth has been hampered by low annual production and complex supply chain. Sativus Tech seeks to produce a reliable supply of saffron to expand its market across multiple sectors including retail, pharmaceutical, culinary, beauty and wellness.
Satives Tech has launched a crowdfunding campaign to raise capital that will allow the company to expand into retail markets by creating facilities that will supply saffron to various businesses.
About Sativus Tech Corp
Sativus Tech Corp (OTC: SATT) It is an agritech company that uses advanced agricultural technology to grow low yield food products in the global marketplace. The company focuses on the research, development and marketing of agricultural products that are in high demand but rarely on the market. Saffron Tech, a subsidiary of Sativas Tech Corp., is revolutionizing the agritech world by creating protocols for growing saffron in indoor permanent farms. He is also increasing the production of spices by multiplying the harvest every year. Sativas Tech Corporation’s technology provides a responsible and sustainable way to grow crops in environmentally challenged and depleted land reserves, reducing water resources and unstable weather conditions.
Forward-looking statements:
All statements, other than statements of historical fact, included in this press release are “forward-looking statements”, which are often, but not always, identified by words such as “expects”, “expects”, “intends”. “estimates,” “plans,” “potential,” “possible,” “likely,” “believes,” “will,” “may,” “will,” “should,” “could,” or negative or similar expressions of these words. These statements involve known and unknown risks, uncertainties and other factors that could cause actual results, performance or achievements to differ from those expressed or implied by these statements. These factors include the uncertainty of the Company’s global manufacturing and supply chain, the Company’s adoption of the smart luggage market, the successful implementation of the Company’s growth strategy, dependence on key Company personnel, changes in economic conditions, competition and other risks. (“SEC”) and other documents and filings with the SEC described in the Company’s Quarterly Report on Form 10-Q. These forward-looking statements speak only as of the date hereof and the Company disclaims any obligation to update these statements except as required by law. The Company intends to make all forward-looking statements subject to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995.
Investor Relations Contact:
Talk Wilk Glazer
CEO
info@saffron.ag
800-608-6432
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In Saffron Tech facilities, saffron blooms seasonally
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