"The integrated system creates the cost savings, efficiencies and scalable grow solutions for institutional cost management which is where the U.S. "Adaptiiv is the only ancillary company we have backed as it is the first truly sustainable and ESG qualified cannabis cultivation business we have encountered," said Bevevino. Adaptiiv's Chairman Ross Bevevino, industry veteran and co-founder of Mollitiam Capital, a U.S.-focused cannabis private equity fund, invested in Adaptiiv and accelerated the launch of the company this year. He is joined at Adaptiiv by an executive team that includes 15 years of cannabis cultivation and operations, commercial lighting, and Wall Street experience. Hajdarovic was the former Vice President at GE Capital in the industrial lighting space and finance liaison for Current Powered by GE, the former commercial lighting business for GE. As the grow environment changes throughout the grow cycle, SAAM "speaks" to the equipment systems with specific operating instructions to hold VPD, RH, and temp set-points (automatically, in real-time).Īs a true end-to-end solutions company, Adaptiiv has a curated network of strategic partners to streamline design and engineering, increase speed to market and decrease chances of project delays. SAAM is designed to automatically target vapor pressure deficit (VPD) through Adaptiiv's proprietary sequence of operations, PID Loops, and cannabis-driven algorithms.
SAAM allows owners and operators to consolidate an entire cultivation facility under a single control platform.
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System Automation & Management (SAAM) is the industry's first true industrial IoT control platform and a full facility management system integrating environmental controls, building management systems, and seed-to-sale. Manage Large Scale Cultivation Systems with Single Control Platform We also bring all the critical aspects of a commercial job to the table to streamline and simplify what is traditionally a complicated process."įrom a cultivation perspective, Adaptiiv provides purpose-built equipment designed specifically for commercial applications resulting in lower labor requirements through automation (SAAM), reducing the risk of crop loss through an integrated system with best-in-class environmental controls (at scale), and power and flexibility to drive best-in class yield and quality (LEDs & HVACD). "Our integrated system allows our clients to maximize revenues through consistent product yield and quality while doing so at a much lower operating cost. "We have worked with a multitude of utility companies around the country – each one has independently verified the efficiencies of the system – with our largest captured incentive to-date being 51% of the total CapEx," said Ken Bouquillon, head of cultivation at Adaptiiv. decreases dramatically," added Hajdarovic.Īdaptiiv's chilled water system leverages its patented line of equipment to create the most efficient dedicated commercial system for indoor cultivation on the market. "Investing in the Adaptiiv system gives our clients two significant advantages: significant reduction in OpEx ranging between 40-60% depending on the baseline comparable and, as markets mature and cannabis becomes commoditized, the cost per/lb.
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