DGAP-News

Pure Roots Holdings Reaches Funding Approval with Federal/Provincial Program, Partners with Prestigious University of Regina

DGAP-News: Grow Solutions Holdings, Inc. / Key word(s): Miscellaneous Pure Roots Holdings Reaches Funding Approval with Federal/Provincial Program, Partners with Prestigious University of Regina 24.09.2020 / 15:10 The issuer is solely responsible for the content of this announcement. Saskatoon, Saskatchewan--(Newsfile Corp. - September 24, 2020) - Grow Solutions Holdings, Inc. (OTC PINK: GRSO) announces today that Pure Roots Holdings Canada has been approved by the Canadian Mitacs program, subject to GRSO final approval and first payment, to further its research and development programs. This will be a collaborative effort with one of the University's finest researchers in the areas of Artificial Intelligence and Machine Learning.

Mitacs is a non-profit national research organization that, in partnerships with Canadian academia, private industry, and the government, operates research and training programs in fields that are related to industrial and social innovation.

GRSO will be able to further analyze plant imagery through a large database of images and analyze the plants' growth and structure under different conditions, with the goal of making predictive assumptions about the plants' future growth tendencies and better planning the plant growth variables accordingly. GRSO will analyze specific indicators in the plant images using several types of specific cameras and sensors in order to gain deeper understanding of how the growing conditions and growing mediums affect the plants' health to maximize production.

Our CEO, Chad Fischl, stated that "GRSO is looking forward to continuing our collaboration with the University of Regina. This will enable vast expansion into the development of our Pure Roots subsidiary and optimizing plant growth in our AeroPods. This is a rare opportunity to get to work with the Mitacs program in this role and we hope that it truly validates our commitment to our business. Additionally, we are confident this intellectual property will further contribute to our strong base of technologies that we have already developed within the company as we further our expansion and growth."