Mary Agrotechnologies, Inc.
CCSE:MARY0.02
CAD
0.00
(0.00%)
ISIN
CA5738651028
CUSIP
573865102
Return %
Stock
S&P 500
1Y
-63.64
14.20
3Y
-60.00
81.12
5Y
-94.29
68.34
Capital Structure
CAD
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in mil. unless spec.Working Capital
CAD
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in mil. unless spec.Growth Rates
CAD
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in mil. unless spec.Quarterly Revenue
CAD
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in mil. unless spec.Quarterly Earnings Per Share
CAD
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in mil. unless spec.Quarterly Dividends Per Share
CAD
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in mil. unless spec.Company Description
- CEO
- Chu Han Qin
- Sector
- Producer manufacturing
- Industry
- Industrial machinery
- Address
- 21 Rodinea Road Markham ON Canada L6A 1R3
- IPO Date
- May 20, 2021
- Website
- mary.ag
- Similar Companies
- Business
- Mary Agrotechnologies Inc. (CSE: MARY, OTCQB: MRRYF) develops, manufactures, and markets automated growing systems integrated with data-driven artificial intelligence for sustainable indoor agriculture. The company offers proprietary hardware and software solutions, including the flagship Mary Model Z, a fully automated, climate-controlled smart grow box for home users that maintains optimal conditions with multi-directional lighting, water tank, companion app for real-time monitoring, growth tracking, live support, and growing advice; and commercial containers and vertical farming systems for indoor operators cultivating herbs, vegetables, fruits, high-value crops such as wasabi, vanilla, tea, and tobacco, medicinal herbs, and green fodder like alfalfa. These systems enable climate-independent cultivation, making farming predictable, consistent, cost-effective, and location-agnostic for at-home growers and commercial clients worldwide. Founded in 2017 and headquartered at 115 Apple Creek Blvd., Units 3-4, Markham, Ontario, Canada, in the Greater Toronto Area, Mary Agrotechnologies operates primarily in the agrotechnology sector, targeting consumer and commercial markets in Canada, the United States, and internationally with a focus on food self-sufficiency. The company serves cannabis consumers in legal jurisdictions through the Model Z, which requires minimal intervention, and provides container-based vertical farms for broader crop production. In recent developments, Mary Agrotechnologies entered a strategic partnership in July 2022 with Bright Seedbase (Shanghai) Technology Co., Ltd., the vertical farming arm of China's Bright Food (Group) Co., Ltd., encompassing R&D for controlled-environment crops, positioning the company as a preferred partner for Bright's vertical farming projects in design, construction, renovation, and operations, and deploying a 20-foot container vertical farm pilot. The company completed a $1.3 million private placement in May 2021 to support growth initiatives and began trading on the OTCQB market. Mary Agrotechnologies continues to expand its AI-driven platform for both residential grow boxes and commercial-scale operations amid rising demand for controlled-environment agriculture.