Cannabis accelerator Grow Tech Labs announces first investment, in Elevated Signals

Vancouver-based Grow Tech Labs, a cannabis accelerator program, has announced their investment into Elevated Signals.

According to a release, Grow Tech Labs (GTL) chose to invest in Elevated Signals as their first cohort, as this “data-driven company will help to address the current issue of supply in the cannabis market.”

Originally founded by Amar Singh, Elevated Signals has created the “best all-in-one digital cultivation management user experience for licensed producers,” a release states.

“The platform includes seed-to-harvest inventory tracking and quality recordkeeping, along with wireless environmental monitoring, all compliant with Health Canada regulations. They have created a successful industry partnership with Tantalus Labs and are also working with BlissCo and Anandia to help optimize their cultivation operations.”

“We are very excited to have Elevated Signals join the Grow Tech Labs family,” said Barinder Rasode, Co-Founder and CEO of GTL. “Their technology helps streamline quality monitoring and audit reporting, a major pain point in the industry that needs to be quickly rectified in order to ensure a safe and consistent supply of cannabis. We are happy to contribute to their growth and expedite their methods into the market.”

Elevated Signals will be working out of the GTL Vancouver office and utilizing its mentorship program. To learn more about Elevated Signals, visit their website www.elevatedsignals.com

GTL says it will be announcing the next four cohort companies for their January 2019 program in the coming weeks.