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weed grow box kickstarter

Weed grow box kickstarter

Marijuana is a sticky subject. Twenty-three states (and D.C) have legalized some form of medical use, but possession, growth and distribution are still illegal in the majority of the United States.

Additionally, each grow will cost about $150 in nutrient cartridges and carbon filter refills. However, co-founder and CEO Yoni Ofir said that eventually the company hopes to drop the price of the actual device and generate its primary revenue from refills (à la Keurig).

Leaf, a TechCrunch Disrupt SF 2015 Battlefield company, is leading the revolution with its automated “Plug N’ Plant” home growing system. Leaf’s device is a 4′ x 2′ box that will fit two plants, which will yield between 4-5 ounces of weed.

Weed grow box kickstarter

The 7Sensors Grow Box showed up in early 2016 as an automated soil home grow system with an early-bird price of $1,199 USD. Their system was clearly designed for cannabis, although their website and Kickstarter campaigns don’t obviously state it. 7Sensors launched an awesome referral campaign called “Share. Get a box.” that quickly grew their online following and helped spread their message.

As you can see above, their campaigns peaked in 2015/2016 with their flagship products. Although the AspenGrobox campaign was not one of their most successful, they did work on producing the product and leveraged their years of manufacturing and supply chain experience to move as quickly as possible. Their debts and expenses, however, outweighed and revenues.

Phototron

At this point, we don’t expect consumers to see any LEAF units until late 2020 at the earliest, a full 5 years after the first pre-orders were accepted.

Back in 2014, when we first started Grobo, the home growing landscape was fairly sparse. Click & Grow was taking off with their countertop systems for herbs and veggies, while the cannabis space had a few low-tech grow cabinets around. Grobo started with a focus on countertop herbs and vegetables, with Click & Grow and Aerogarden as our main competitors. That product never came to market.

Aspen Grobox

This was a huge operation and, to fund it, Seedo turned to the public markets in November 2018. That transition proved both good and bad for the company. At the peak, their market cap was nearly $100M USD which opened up significant funding opportunities. however Seedo still hadn’t shipped anything. As their shares began to correct back to a normal valuation for a company with After the Phototron, LEAF (aka Corsica Innovations) was the first company to launch that truly focused on cannabis. Their big debut came in September 2015 when the CEO, Yoni Ofir, pitched the company at TechCrunch Disrupt. revenue, the company turned to press releases to boost their sales.