Business
Seedo Issues Letter to Shareholders
Seedo Issues Letter to Shareholders.
About this update from Sativus Tech Corp.
[{"type":"text","content":"\n\n\n\nSeedo Issues Letter to Shareholders\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\nSeedo Issues Letter to Shareholders\nPR Newswire\nTEL AVIV, Israel, July 29, 2019\n\n\n\n TEL AVIV, Israel, July 29, 2019 /PRNewswire/ -- Seedo Corp. - \"Seedo\" (OTCQB: SEDO) - an agritech company providing the world's first fully automated and controlled indoor growing technologies for the \"at-home\" and commercial agriculture markets, today issued a letter to shareholders.\n\n \n \n\n \nDear Fellow Shareholders,\nTogether, we are delivering the future of automated plant growing technologies, from seed to harvest, for both consumer and commercial use. By integrating artificial intelligence (AI), big data, robotics, and remote grow technologies, we are delivering on our vision and mission to improve agriculture for a growing world population. We thank our shareholders for being our partners in this mission. \nConsumer side of the business: \nWe are continuing to deliver the Seedo fully automated home grow device to customers in North America and Europe. We are satisfied to share that consumer response has been overwhelmingly positive, with customers sharing their satisfaction on social media platforms, further driving consumer enthusiasm and demand. Seedo has also recently garnered highly favorable coverage in key media outlets including Forbes, Vice, Maxim, Herb, Green Entrepreneur, Business Insider, Bloomberg, and The Guardian. \nIn addition to selling the Seedo direct-to-consumer through our website, we are currently ramping up our marketing and distribution efforts in North America and Europe in order to further increase device sales. Specialty retailers are very interested in selling the Seedo both through their physical and online stores that serve the medical cannabis grow market. Additionally, we are progressing with a number of strategic big-box retailers in North America for more meaningful sales exposure.    \nWe are currently evaluating the option to offer a leasing model for our future customers with a third-party who will provide a credit line. ...