It’s been an exciting day thus far for Niagara Falls-based EnerDynamic Hybrid Technologies Corp. (TSX-Venture:EHT) gained ground Monday on the latest shareholder update.
EHT recently began discussions with the federal government regarding a collaboration with Ottawa and with North Bay, Ont.-based Canadore College on the Sustainable Food Initiative for the Northern Communities.
The company also has a test unit now (in its first grow cycle) on an approved medical marijuana grow facility, and claims to be seeing excellent growth of the plants using its Enertec wall system and Growratio's lighting technology.
EHT has also completed the engineering phase of its Northern Shield, and hopes to start next week to build the first unit, a process which should take about two weeks. Once complete and approved by Northern Shield, EHT will start on the first 100 units they require.
Shares gained half a cent, or 14.3%, late Monday morning, to four cents, on volume of more than 70,000 shares.