MustGrow Biologics (CSE: MGRO), an agricultural biotech company, is concentrating its efforts toward the development of a liquid formulation that will support fruit, vegetable, turf, ornamental, tobacco and cannabis products. A recent article discussing the company reads, “MustGrow’s scientific focus this year is on using funds to optimize its liquid formulation and to research the potential for cannabis application. In addition, it is looking to bring in third-party products for the cannabis market under distribution and in-licensing agreements. The first of these third-party products includes an agreement with Triangle Plant Sciences (‘TPS’) to offer exclusive Canadian and global access to TPS’s TP-1000, a bio-fertility product that, based on third-party studies, can increase cannabis yields by approximately 5%, THC levels by 10% and terpenes by 22% . . . . ‘This is an exciting time to launch a TPS and MustGrow partnership that will deliver TPS’s best-in-class nutrient technology solutions for MustGrow’s high-value hydroponic applications, including cannabis in production legal geographies,’ senior product director at TPS Nick Favret stated after announcing the agreement last month. ‘Third-party indoor trials have demonstrated excellent performance in hydroponic cannabis applications, with significant increases in terpene, and tetrahydrocannabinol (THC) concentration.’”
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About MustGrow Biologics Corp.
MustGrow is an agricultural biotech company focused on developing and commercializing its patented natural biologic product that acts as a pesticide, fungicide nematicide and fertilizer. Targeting the fruit, vegetable, turf, ornamentals and cannabis industries, MustGrow has designed a U.S. EPA-approved organic solution that uses the mustard seed’s natural defense mechanisms to protect plants from pests and diseases. Approximately $9 million has been spent on 110 independent tests, validating MustGrow’s remarkably safe and effective granular product. MustGrow’s granular product is EPA approved across all key U.S. states as a fertilizer and pesticide (currently limited to fertilizer in California) and is designated by Health Canada’s Pest Management Regulatory Agency as a fruit, vegetable, turf and ornamental biopesticide and biofertilizer. In the cannabis space, MustGrow is currently developing reliable, safe and biological solutions that adhere to Health Canada’s strict regulations. MustGrow is positioning its signature product as an effective preplant soil treatment, reducing the chance for any added soil to a greenhouse to bring in pests or diseases. MustGrow expects its biopesticide and biofertilizer will help licensed cannabis producers control the same conditions addressed in fruit and vegetable crops. For more information, visit the company’s website at www.MustGrow.ca.
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