Liberty Health Sciences Enters Exclusive Partnership With AdaViv To Develop New AI-Driven Analytics For Increased Crop Output
AdaViv will integrate its adaptive Computer Vision software and Machine Learning platform into Liberty's 360 Innovation Campus and, together, will look to push the state-of-the-art in greenhouse technology and precision growing to new levels of productivity and efficiency.
AdaViv's technology enables 24/7 plant-level inspection as well as AI computer vision to uncover hidden plant biometrics that translates data into actionable insights for growers like Liberty. Founded by an interdisciplinary team of
"This partnership demonstrates Liberty's commitment for being a cutting-edge company that consistently looks for new ways to advance common practices through data and technology," said
"We are excited to partner with
The partnership also calls for AdaViv and Liberty to co-develop a set of data driven solutions and areas of improvements in the current production workflow, leveraging AdaViv's sensing, data capturing and predictive analytics technology. In total, the AdaViv platform will soon have access to over 250,000 square feet of Liberty greenhouse facility space.
"We take cultivation seriously and through the implementation of AdaViv we will have the necessary information to greatly improve our cultivation output," said Scorsis. "This will ultimately validate that we have a world class cultivation process at the center of our operation."
Currently, Liberty operates four dispensaries and six delivery hubs. The Company has also signed seven new leases for dispensaries that are at various stages of permitting and construction. Last week the Company reported a 95% increase in sales revenue in the three-month period ended
About
Liberty is the cannabis provider committed to providing a trusted, high quality cannabis experience based on our genuine care for all cannabis users and a focus on operational excellence from seed to sale and beyond. Liberty's measured approach to expansion opportunities maximizes returns to shareholders, while keeping consumers' well-being at the forefront of what we do. For more information, please visit: www.libertyhealthsciences.com.
CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS: This press release contains certain forward-looking statements within the meaning of applicable securities laws. Any statements that are contained in this news release that are not statements of historical fact may be deemed to be forward-looking statements. Forward-looking statements are often identified by terms such as "may", "should", "anticipate", "expect", "believe", "plan", "intend" or the negative of these terms and similar expressions. Forward-looking statements in this news release include, but are not limited to, expectations related to the implementation of AdaViv's platform and the Company's future expansion and growth strategies. Forward-looking statements necessarily involve known and unknown risks, including, without limitation, risks associated with general economic conditions; adverse industry events; marketing costs; loss of markets; future legislative and regulatory developments involving medical marijuana; inability to access sufficient capital from internal and external sources, and/or inability to access sufficient capital on favorable terms; the medical marijuana industry in
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