Heliospectra sales up as US cannabis farms adopt LEDs

Heliospectra, a small Swedish company specializing in LED systems for growing plants indoors, says that its sales have doubled over the past year – with demand booming as US growers of cannabis become the latest customers to adopt the technology. The Gothenburg-headquartered firm has just reported financial results for the first half of 2015. Revenues of just under SEK 5.4 million ($0.64 million) were up 113 per cent on the same period last year.