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, today announced that it intends to address a new Fusarium pathogen known as Fusarium wilt Tropical Race 4 (“Fusarium wilt TR4”), a soil-borne disease pathogen afflicting the worldwide banana supply. Following the spread of Fusarium wilt TR4 to banana plantations in South America, Colombia has reportedly declared a national state of emergency and enacted special measures to halt the spread of the disease. The company’s previous independent efficacy studies involving the treatment of Fusarium oxysporum (“Fusarium”), a soil-borne pathogen likely similar to Fusarium wilt TR4, have shown 100% control of the fungus. Since MustGrow’s patented mustard-derived bio-pesticide has confirmed 100% control of soil-borne diseases & pathogens including Fusarium, Botrytis, Rhizoctonia, Pythium, Verticillium, Phytophthora, Sclerotinia, and Nematodes, additional testing will determine if the same product can control the developing threat to the global banana supply.
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MustGrow is a publicly traded agricultural biotech company focused on providing natural science-based biological solutions for high value crops, including fruit & vegetable and cannabis cultivation. MustGrow has designed and owns a United States EPA-approved organic solution that uses the mustard seed’s natural defense mechanism to protect plants from pests and diseases. 110 independent tests have been completed, validating MustGrow’s safe and effective signature products. This product, in granule format, 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 has now concentrated a liquid format to be applied through standard drip or spray equipment, improving functionality and performance features. In cannabis, MustGrow is currently developing effective, safe and biological solutions that adhere to Health Canada’s strict regulations, including (1) its mustard-derived bio-pesticide to treat soil-borne pests and diseases; and (2) an in-licensed bio-fungicide for powdery mildew. 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.
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