CLXT - Calyxt expands hemp breeding platform with seedless innovation

Calyxt (CLXT) announces further expansion of its hemp breeding platform with the addition of triploid breeding technology to create seedless hemp. Like seedless watermelon, seedless hemp can offer significant advantages in crop management and harvest potential. "Triploid hemp is an important step forward in modernizing the crop," said Travis Frey, Chief Technology Officer, Calyxt Inc. "From a breeding perspective, it's a foundational technology to rapidly unlock advancements in hemp genetics. The resulting seedless, pollen-proof plants offer growers significant upgrades for their cropping system by de-risking broad acre cultivation, likely improving both quality and yield."CLXT shares up 2% premarket at $4.11.

For further details see:

Calyxt expands hemp breeding platform with seedless innovation