CropLogic and hemp grower CropLogic is expanding the use of its Agtech realTime technology to improve hemp production at its own newly approved hemp farm and those of other growers. The technology will be demonstrated to other growers at its 150-acre US hemp farm. The product monitors soil moisture and irrigation, collates the data and supplies it to growers via an app. Importantly, the company will be one of a small number of ASX listed players in the sector to generate revenues in 2019 with income from the sale of its hemp crop grown in Oregon expected to deliver income in the order of $15 million. Revenue from hemp sales, with CropLogic 's the third harvest scheduled for 2019 , is expected to finance further technological developments.
CropLogic and hemp grower CropLogic is expanding the use of its Agtech realTime technology to improve hemp production at its own newly approved hemp farm and those of other growers. The technology will be demonstrated to other growers at its 150-acre US hemp farm. The product monitors soil moisture and irrigation, collates the data and supplies it to growers via an app. Revenue from hemp sales, with CropLogic 's the third harvest scheduled for 2019 , is expected to finance further technological developments.