Visionstate has created a new corporate entity named NEXT Vision to develop Internet of Things technology for the cannabis sector. "By incorporating the Company’s solid know-how from years developing, executing, and selling software solutions for any kind of facility, Visionstate identified a need in facilities that grow and harvest cannabis, and to that end has landed a $500,000 contract," Visionstate team says.
NEXT Vision will leverage off the IoT platform for the facilities management sector to create new industry sectors.
Visionstate CEO John Putters explains, “There is no question that IoT technology is increasingly becoming critical to a corporation’s operations. Whether it’s analytics, predictive maintenance, or introducing new efficiencies in operations, IoT has demonstrated returns on investment. For licensed producers, the higher the crop’s quality coupled with cost-effective solutions, the better it is for the producer overall. We are focussing our technology on bringing about those positive results.”
Recently the cannabis sector has experienced a resurgence of activity as speculation mounts that the US will likely legalize or decriminalize cannabis at a federal level. Meanwhile, the cannabis sector has proven to be immune from the effects of COVID-19, witnessing increased sales and revenues despite the lockdowns that have occurred across Canada.
"The inaugural contract provides NEXT Vision Inc. the ability to develop a tailored IoT solution for the cannabis sector. It includes introducing new sensor equipment, designing communication protocols between sensors, and developing robust data and analytics that provide insight into the efficiency of operations. Monitoring processes and equipment within larger licensed producers will include lighting, heat, and other environmental conditions, as well as standard procedures that are required to be met by the producers."
For more information:
Visionstate Corp.
8634 53rd Avenue, Edmonton, Alberta T6E 5G2visionstate.com