MustGrow
Biologics (CSE: MGRO) (OTC: MGROF), an agricultural biotech company
developing and commercializing a portfolio of natural, science-based
bio-pesticides and bio-fertility products, this morning announced the
finalization of its advanced liquid formulation. The new liquid formulation is
an advancement of the company’s signature mustard-derived ‘granule format’
bio-pesticide product. In contrast to the granule format, the liquid
formulation can be applied through standard drip or spray equipment and
improves functionality and performance. Among other highlights, it has greater
efficacy results per volume, a higher concentration of the active ingredient,
and lower transportation costs. MustGrow’s liquid formulation work program was
completed by National Research Council Canada (“NRC”). The NRC assessed control
of hard-to-kill soil-borne diseases and application use-rates, especially
diseases that have been challenging for many of Canada’s licensed cannabis
producers. The NRC achieved 100% control of hard-to-kill soil borne diseases
such as Botrytis and Fusarium using the company’s liquid formulation.
Presently, MustGrow is undertaking additional testing to assess efficacy on
other pests and further market applications in the food value chain, including
storage container fumigation.
To view the full press release, visit http://ibn.fm/PI0n5
About MustGrow Biologics Corp.
MustGrow is a publicly traded (CSE: MGRO) (OTC: MGROF)
agricultural biotech company focused on providing natural science-based
biological solutions for cannabis and fruit & vegetable cultivation. In
cannabis, the company is currently developing reliable, safe and biological
solutions that adhere to Health Canada’s strict regulations. The company
currently has three products suited for the cannabis market: a mustard-derived
bio-pesticide, CannaProtector(R), to treat soil borne pests and diseases; a
bio-fungicide, CannaVate(R), that can be used a foliar application for powdery
mildew; and a bio-fertility product, TP-1000, to increase yield, THC and
terpene levels. CannaVate(R) and TP-1000 are in-licenced products for which
MustGrow has exclusive rights in Canada. CannaProtector(R) is based on
MustGrow’s patented natural biologic technology made from mustard seed that
acts as a bio-pesticide. MustGrow’s granular product is a United States
EPA-approved organic solution that uses the mustard seed’s natural defence mechanism
to protect plants from pests and diseases. Approximately CDN $10 million has
been spent and over 110 independent tests completed, validating MustGrow’s safe
and effective granular product. This product, which contains the same active
ingredients as CannaProtector(R), 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 PMRA (Pest Management Regulatory Agency) as a
fruit & vegetable bio-pesticide and fertilizer. MustGrow is positioning
CannaProtector(R) as an effective pre-plant soil treatment, reducing the chance
for any soil introduced to a greenhouse to bring in pests and diseases. The
company expects its bio-pesticide will help licensed cannabis producers control
the same conditions addressed in fruit and vegetable crops. The company has
approximately 25.0 million basic common shares issued and outstanding and
approximately 36.9 million on a fully diluted basis. For more information,
visit the company’s website at www.Mustgrow.ca.
NOTE TO INVESTORS: The latest news and updates
relating to MGRO are available in the company’s newsroom at http://ibn.fm/MGRO
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