FarmsTech
Mariposa Technology
A one-of-a-kind, digital farming tool that will help revolutionize the world of agricultural testing beginning with industrial hemp.
Metairie,
LA
Investment type:
Equity
(Class C)
Target raise:
$10,000
- $1,070,000
Minimum investment:
$99
$99
End date:
Feb 24, 2022
Feb 24, 2022
ended
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Mariposa Technology provides a cutting edge service to hemp farmers. Through the use of our handheld Raman spectrometer, our technology can provide hemp farmers with vital, analytical information about their crops. Once the data on a specific hemp variety is logged in our Raman spectroscopy database, farmers can optimize their harvest with unprecedented access to daily crop test readings.
Our Story
Iowas Department of Agriculture reported that roughly 13% of Iowa farmers hemp fields had to be fully or partially destroyed in 2020. According to Don Robison, seed administrator with the Office of Indiana State Chemists, nearly 20% of Indianas hemp crop was destroyed last year due to high THC levels. Recently, an Oklahoma facility was forced to destroy an estimated $7-$10 million in hemp as THC levels were once again exceeding the legal limit.Can you imagine making a significant investment of both time and money into cultivating a crop with dreams of guaranteed profits, only to be told at harvest that you have to burn it all to the ground?The legal limit of total-THC in hemp is 0.3% (3/10 of 1%) and any amount over that limit requires the crop to be destroyed. For the tens of thousands of hemp farmers in the U.S., this is the unfortunate reality for up to 25% of their crop each year. This is happening in every state across the country, to large and small farmers alike.
Our Ambition
The Raman Effect was originally discovered by renowned Indian physicist Sir Chandrasekhara Venkata Raman, who was awarded the Nobel prize in physics for his discovery. A Raman spectra provides a structural "finger print" of molecular composition by which molecules can be identified and studied.