Agricultural biotech company MustGrow Biologics (CSE: MGRO) is engaged in the development and commercialization of a portfolio of natural biopesticides and biofertilizer products for the cannabis industry. A recent article discussing the company reads, “Canada’s licensed producers (‘LPs’) are required by law to demonstrate that no unauthorized pesticides were used on their products or contaminated them (http://cnw.fm/QFu7L), and mandatory testing is underway to ensure that LPs comply. Failure of Health Canada’s sampling and testing program for unauthorized pest control products could result in product seizure or destruction, recall of products sold, suspension or revocation of the firm’s license, or a monetary penalty of up to C$1 million, according to Health Canada. . . . Through MustGrow’s eventual suite of biostimulant/biofertilizer offerings, Canadian cannabis license holders may have access to products that aid in the production of compliant, pest-free cannabis. MustGrow’s science-based suite of signature products have already demonstrated control of many soil-borne diseases and pests that affect cannabis production, including Botrytis (grey mold), Pythium root rot, Rhizoctonia fungus, Fusarium, nematodes, Verticillium wilt, Phytophthora root rot and Sclerotinia. MustGrow’s products are recognized as safe and are EPA- and PRMA-approved for use on fruits and vegetables.”
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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.
NOTE TO INVESTORS: The latest news and updates relating to MGRO are available in the company’s newsroom at http://cnw.fm/MGRO
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