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://cnw.fm/6vOeR
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://cnw.fm/MGRO
CanadianCannabisWire (CNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) CannabisNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, CNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. CNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, CNW brings its clients unparalleled visibility, recognition and brand awareness. CNW is where news, content and information converge.
To receive instant SMS alerts, text CANNABIS to 21000 (U.S. Mobile Phones Only)
For more information please visit https://www.CanadianCannabisWire.com
Do you have a questions or are you interested in working with CNW? Ask our Editor