3Dponics Inc., creator of the world's first 3D-printable hydroponics systems and garden supplies, is making headlines yet again by launching a custom-designed, 3D-printable hydroponics system for medical marijuana cultivation. And to help ease the transition into the exploding legal cannabis industry is none other than co-founder and former CEO of Tweed Marijuana, Chuck Rifici.
"The stigma surrounding marijuana is disappearing now that more and more governments, including Canada and the U.S., are recognizing that cannabis is a major contributor to palliative care, helping people who suffer from a wide variety of illnesses manage their symptoms and lead normal, productive and fulfilling lives. With our latest system, we are trying to give those people the tools they need to have cheap, open access to medical marijuana," said Michael Golubev, CEO of 3Dponics Inc.
This announcement comes in the midst of a huge boom in the legal cannabis industry, especially in the U.S., where it has increased by 74 percent, from $1.5 billion in 2013 to $2.7 billion in 2014. In fact, it is the country's fastest-growing industry and is projected to reach $11 billion by 2019.
The huge growth could explain the sudden increase in investment into weed startups. With the release of its hydroponics system for medical marijuana, 3Dponics hopes to attract the attention of investors looking to support a tech company that is merging innovative technologies with legal cannabis to make the drug accessible and available to those who need it.
3Dponics Inc. is an Ottawa-based tech lab that has developed 3D- printable parts and customizable hydroponics systems for the home and garden industry. The 3D design files are free and accessible across today's most popular 3D-printing marketplaces to encourage open-source collaboration and innovation. 3Dponics is also an online community, where members can share ideas, help each other out, and post pictures and videos of their hydroponics systems.
Source: 3Dponics Inc
Top image: National institute on Drug Abuse