Thrive Agritech Delivers 1,900 LED Grow Lights to Michigan Indoor Grow Facility

Choice Labs installs Thrive Agritech’s lights for its entire facility due to superior growth and energy savings

New York, NY (January 22, 2019) – Thrive Agritech, Inc., leader in LED horticulture lighting, announced today that it has delivered a substantial quantity of Boost LED grow lights to Choice Laboratories, a leading medical marijuana producer located in Michigan. Choice installed the lights over both vegetative and flower canopies throughout its entire grow operation.

According to Maxwell Murphy at Choice Labs, “We tested LED grow lights from all the leading suppliers last year, and we selected Thrive Agritech because we experienced the best overall plant quality and yield. The team at Thrive Agritech helped us through the utility rebate process, and we ended up getting a rebate worth tens of thousands of dollars. It was almost too good to be true!”

Thrive Agritech CEO, Brian Bennett, added, “Choice Labs experienced one of the great advantages of our technology – ease of installation. The simple end-to-end daisy-chain connections make large installations a breeze and reduces the cost and complexity of additional electrical work. I’m sure Choice will be a happy customer for years to come.”

To watch a video of the Choice Labs installation, click here:  https://www.youtube.com/watch?v=63K5Fai3ABc&feature=youtu.be

Thrive Agritech was founded at the Y Combinator accelerator in Silicon Valley, with a mission to enhance sustainability for controlled environment agriculture. The company’s industry leading energy efficient lighting products have already made significant reductions in the carbon footprint from older lighting technologies. All Thrive Agritech products have an optimized horticulture light spectrum, high reliability, and most importantly grow great plants.

About Thrive Agritech

Thrive Agritech is a leading developer and manufacturer of innovative products for the controlled environment agriculture industry. The company’s patent-pending technologies enable unique advantages for horticultural solid-state lighting and controls. Corporate headquarters are located in New York City, U.S.A. For more information, visit www.thriveagritech.com

Thrive Agritech Dramatically Increases Production Yields for Commercial Cannabis Growers

Patent pending under canopy lighting system pays for itself in a single harvest

New York, NY (August 20, 2018) – Thrive Agritech, Inc., leader in LED horticulture lighting, announced today that it has developed and deployed a novel lighting system that increases cannabis production yield by more than 10%. The lighting system, referred to as under canopy lighting, is positioned below the canopy to stimulate photosynthesis in regions that are typically light-starved and don’t produce usable product. By adding approximately 10-12% more light below the canopy, growers can expect at least 10% increase in yield. For example, if a grower is using a 1,000W double-ended HPS top lighting solution over a 4’x4’ canopy, Thrive Agritech would add about 120W of LED lighting below the canopy to optimize production yields.

According to Michael Cooper, Director of Cultivation at NV Organic Remedies, “We installed Thrive Agritech’s under canopy lighting system and were amazed by the results. Instead of trimming away the lower branches, we were able to harvest and sell an additional 8 grams per square foot of high quality product. Increasing our yields has never been easier – under canopy lighting is a no brainer.”

Thrive Agritech CEO, Brian Bennett, added, “It’s no secret that wholesale cannabis prices are rapidly declining in many markets across North America. Our patent pending under canopy lighting solution gives growers an easy way to significantly increase profitability. In fact, the increase in profit enables our customers to pay for the under canopy lighting system after the first harvest.”

For more information about under canopy lighting, visit:  http://www.thriveagritech.com/undercanopy.

Thrive Agritech was founded at the Y Combinator accelerator in Silicon Valley, with a mission to enhance sustainability for controlled environment agriculture. The company’s industry leading energy efficient lighting products have already made significant reductions in the carbon footprint from older lighting technologies. All Thrive Agritech products have an optimized horticulture light spectrum, high reliability, and most importantly grow great plants.

About Thrive Agritech

Thrive Agritech is a leading developer and manufacturer of innovative products for the controlled environment agriculture industry. The company’s patent-pending technologies enable unique advantages for horticultural solid-state lighting and controls. Corporate headquarters are located in New York City, U.S.A. Thrive Agritech’s website is: www.thriveagritech.com

Thrive Agritech LED Grow Lights Chosen by Strawberry Fields

Thrive Agritech, Inc., a technology company focused on innovations in LED horticulture lighting (“Thrive”), today announced it has received a substantial order for its LED grow lights from Strawberry Fields, a leading medical and recreational cannabis producer headquartered in Colorado Springs, CO via their distribution partner Griffin.

Thrive Agritech’s Boost LED light will be installed in all two acres of Strawberry Fields’ greenhouses over its vegetative and flowering canopies as a supplement to natural sunlight. During 2017 Strawberry Fields conducted extensive testing of the Boost LED light as a replacement for its existing 1,000W HPS lights, and experienced compelling results. According to Strawberry Fields General Manager, Sam Thoman, “We saw a more uniform canopy growth with less elongation and better node stacking. Not only did the Boost light promote better overall growth, but it used less than half the energy of our HPS solution. And in areas where we weren’t previously using supplemental lighting we doubled our yields in the winter.”

Thrive Agritech CEO, Brian Bennett, remarked, “We are thrilled to have been selected by Strawberry Fields as their grow light supplier, and I am certain they will be equally excited about the benefits they will be receiving from our technology for years to come. The Boost is an ideal supplemental light for greenhouse production, as it has the output to effectively reach the canopy and its underlying LED technology makes it exceptionally energy efficient. One of the really great attributes of the Boost light is its full white color spectrum, which not only has demonstrated superior plant growth, but is far more pleasant to work under compared to “pink” lights.”

Thrive Agritech will be shipping the Boost lights to Strawberry Fields early in the third quarter, with installation to follow shortly thereafter.

“Griffin helps growers produce consistently uniform crops all year long. For greenhouse-produced cannabis, lighting is a crucial part of the equation. Energy-efficient, waterproof Boost fixtures from Thrive Agritech were the perfect solution for Strawberry Fields. The spectrum and intensity will provide the supplemental light their crop needs, and Boost’s daisy-chain installation greatly reduces the need for electrical work. Boost is a great fit for this project.” – Peter Armando, CEA Technical Sales, Griffin

 

About Thrive Agritech
Thrive Agritech is a leading developer and manufacturer of innovative products for the controlled environment agriculture industry. The company’s patent-pending technologies enable unique advantages for horticultural solid-state lighting and controls. Corporate headquarters are located in New York City. For more information, visit http://www.thriveagritech.com.

About Strawberry Fields
Strawberry Fields has served medical marijuana patients in Colorado since 2010. The company prides itself on its years of experience in producing a wide range of expertly crafted products for Colorado’s residents. Website: https://strawberryfieldscannabis.com/

About Griffin

Griffin Greenhouse Supplies, Inc., headquartered in Tewksbury, Mass., has served the needs of growers in greenhouse and nursery production, and independent garden centers for more than 70 years. Griffin operates 16 fully stocked service centers, serving growers and retailers nationwide. The business also distributes live goods including seed, cuttings and young plants. Griffin is among the premier distributors in the U.S., with an outstanding reputation for operational excellence, high-quality products and superior customer service. For more information, please visit www.griffins.com.

Thrive Agritech, Leading LED Horticulture Lighting Innovator, Secures $2 Million Capital Injection

Thrive Agritech, Inc., a technology company focused on leading innovations in LED horticulture lighting (“Thrive”), today announced that it has received an additional $2 million in equity capital to accelerate the development and deployment of its LED technology in controlled environment agriculture. The investment round was led by Rose Capital, a New York-based institutional investor. In conjunction with the investment round, Rose Capital has also joined Thrive’s Board of Directors.

The financing round – and new partnership with Rose Capital – follows an exceptional year for Thrive Agritech, which saw a rapidly expanding customer base with lighting installations in greenhouses, vertical farms and cannabis production facilities across North America.

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Transcend Lighting is now Thrive Agritech

Today marks the introduction of Thrive Agritech – a new brand that aligns with the exciting future of our industry and our company.

We live and breathe LEDs, however, our focus has grown to include more than lighting. This year we’ve filed our first controls and systems patents and have already spent countless research and development hours on topics ranging from software to plant health to farm communication networks. Very recently, we’ve unearthed the astonishing promise of our LED technology as an effective replacement for chemicals to fight downy mildew.

When launching Transcend Lighting our mission was simple – to make controlled environment agriculture more efficient and sustainable through advanced LED technology. To achieve this mission our amazing team has developed IP and products that are truly astounding. Every single day our products are saving millions of watts of energy!

Efficiency is still at our core but we’ve found that efficiency isn’t just about using less it’s about doing more with less. It’s about growing plants that are healthier, more vibrant, more precise and growing these plants faster and in less space. This is Thrive Agritech.

Beyond our full range of LED lighting products with the industry’s highest efficiency and longest lifespan Thrive offers unrivaled support. Our team of highly skilled applications engineers create custom lighting layouts on a daily basis and work to secure energy rebates for nearly every project in the United States. All of this free of charge.

Thrive Agritech produces UL listed and waterproof rated fixtures for every indoor and greenhouse growing environment, all with an industry leading 5-year standard warranty.

Over the last several years we have had the opportunity to work with some of the world’s most advanced commercial plant product and research institutions and our entire team at Thrive Agritech is excited for what the future holds.

 

–Brian

 

Brian Bennett

Founder and CEO

Thrive Agritech