Heliospectra, a world leader in intelligent lighting technology for crop cultivation and plant research, announced an order valued at just over US $265,000 for the Heliospectra LX601C cannabis-focused LED light hardware and software system.

Novagant is a holding company that acquires entrepreneurial companies that have established or are expected to establish themselves as leaders and/or successful enterprises in various market niches. Recent acquisition of property rights that have the ability to reduce costs and improve product quality for the entire cannabis market has prompted this analyst report.

Luxury vehicles are being targeted by criminal gangs in the UK who steal the LED headlights from the vehicles for use in cannabis factories, according to UK based newspaper The Telegraph.