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  • shavitmi shavitmi Mar 21, 2014 12:22 PM Flag

    BRDT the new marijuana next giant?

    Dr. Oded Sagee, founder and CEO of BreedIT Corp (OTC: BRDT), recently spoke with Alan Brochstein of 420 Investor -- in an exclusive conference call presented by Marketfy, to discuss the company's opportunities for expansion in the cannabis market.

    The Israel-based company covers tech solutions for plant breeders and academic purposes. Plant breeding allows for new varieties of plants to be produced, in order to perfect their specific genetic structures and characteristics.

    View the presentation slides from the conversation here.

    Within the cannabis industry, BreedIT plans to focus on the medicinal qualities of marijuana while reducing unwanted chemicals and harvest times, Sagee said.

    “We grew the most-selling mandarin (orange) in the world; seedless; beautiful; good color; easy peeling," Sagee said. "It took us (a) few years and we did it. We grew the most-selling tomato in the world. So we do have a lot of experience in breeding and cannabis. From that point of view is no different than any other plant."

    “(Marijuana has) got three major families; we all know them: the indica, the sativa, and the ruderalis. And each one of them have different characteristics. And they are, we are able genes from each one to the other and to do classical breeding.”

    The agricultural accomplishments belong to the company's team members, however, and not the company itself. Sagee notes several of their team members have worked with cannabis before.

    BreedIT is ambitious and looks to lead the way in Intelligent Decision Support Systems for plant breeds.

    This entails testing and analysis, strategic planning and other forms of support in a seed market that reportedly brings in $42 billion in sales globally.

    The process of breeding usually takes years, with various locations and very intricate data in the mix. BreedIT manages that processs for breeders.They optimize genetic traits trough classical breeding methods, that don't genetically modify plants through any arti

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