CropLogic (ASX:CLI)

Symbol:ASX:CLI
Sector:Healthcare
Industry:Pharmaceutical
CEO:James Cooper-Jones
Founded:2010

CropLogic (ASX:CLI) Stock Price

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CropLogic (ASX:CLI) Company Overview

CropLogic (ASX:CLI) is a global agronomy, farm management, and agricultural technology company, with operations in the US, Australia, and New Zealand.

CLI's suite of agricultural technologies brings together a variety of agricultural technologies to help farmers optimize crop yields, including in-field soil moisture monitoring, infrared aerial imagery and yield prediction which are all housed in an easy to use platform called CropLogic Growerview. This is complemented by agronomy and farm management services.

The company has two core technology offerings, that produce quantitative data, that the services division of the company then use, to drive qualitative outcomes with farmers to better utilise their resources and create greater harvest yields.

CLI secured the lease for a 500-acre trial industrial hemp farm in Central Oregon and acquired an Industrial Hemp Growing License from the Oregon Department of Agriculture (ODA). The company is on track for a potential 1 million pound Biomass harvest, which could yield over US$40 million in revenue, from what is essentially, an "R&D department".

Watch this space.