Each Tesla is a rolling computer.
There is no direct connection between a Tesla and my aging Prius with 30 computers. And yet, the early Prius models caused engineers and investors to rethink automobiles, electric engines, and set off a wave of innovation in transportation information processing – and that led directly to driverless cars, Tesla and host of new products being funded.
SymSoil is a manufacturer of agricultural inputs. I would argue that agriculture is going through similar revolution in rethinking technology and food production. And institutional investors are waking up to opportunities to fund innovation that improves agricultural productivity.
Recognizing there are a host of factors feeding this innovation, including labor issues, shifting public demand for organics, and better price performance in robotic and drone technologies, the legalization and visibility of cannabis has been one of the factors in increasing the awareness of agricultural opportunity among institutional money portfolio managers.
With that as background, I encourage anyone following the emerging legal cannabis industry or the hemp markets to read the recently posted article from CB Insights (www.cbinsights.com) regarding 23 industries being impacted by the legalization of cannabis and the reemergence of hemp as a significant crop. Agriculture ranked #7 on CB Insights list, with thee article’s primary focus on hemp (for CBD, for textiles, for food, building materials and biofuels.)
Click here for the article Cannabis For … Everything?
Hemp is a variety of cannabis plant (like marijuana is) known for its low THC levels. Hemp requires half as much land as cotton to produce a ton of finished textile. Subsequently, it’s changing the landscape of the agricultural industry at a rapid clip — particularly now that the US Congress has legalized the cultivation, processing, and sale of industrial hemp by passing the 2018 Farm Bill. This development has major implications for the hemp-derived CBD market, which is expected to hit $22B by 2022, according to Brightfield Group.
SymSoil Inc., a Benefit Corporation (B), is a leader in development of biological soil amendments for agriculture that restores the microbes that provide the right food to the plant roots, improving plant health, and making food more tasty and nutrient dense, the way nature intended. These indigenous crop and regional soil specific microbes regenerate the soil significantly increasing crop yields and nutrient density in food. For more information call 833-SYMSOIL (833-796-7645)