Have you read the presentation? there are about 3 - 4 slides that outline the business overlap between WGB and AEB. AEB are an algae tech growing company, they do have growing tech that can be utilized across different fields. Also im sure in the presentation it mentioned an indoor growing facility, LED lighting is clearly used here.
"AEB’s due diligence process to date has revealed numerous studies that found that medicinal cannabis is able to withstand high lighting levels well. Moreover, they also found that the crops that were grown under high light intensity produced a higher bud weight when compared to the same crops grown under normal light intensity. Finally, various studies found that in all varieties of light, crops grown using LED lighting produced a higher content of active substances (ieg. CBD and THC) than crops using HPS lamps with the same light intensity. This current research along with the costs savings that the Algae Tec growing system can deliver should provide a significant key focus and commercial opportunity for AEB and JDL. "
taken form the collab announcement
AEB Price at posting:
3.7¢ Sentiment: Buy Disclosure: Not Held