MustGrow Biologics Corp. Commercializing Patented Natural Biopesticide in Global Market on Course to Reach $6.4B by 2023

May 13, 2019 11:35:01
  • The biopesticides market is projected to grow at a CAGR of nearly 16 percent from 2018 to 2023
  • Increasing adoption of organic farming is a key driver of biopesticide market growth, with the sector expected to reach $6.4 billion by 2023
  • A patented natural biopesticide developed by MustGrow targets the fruit, vegetable, turf, ornamental and cannabis industries
  • Net proceeds from the recent closing of $1.2 million in non-brokered private placements will help accelerate research and development efforts

Agricultural biotech company MustGrow Biologics Corp. is focused on developing and commercializing its patented technology – a natural biopesticide and biofertilizer. MustGrow’s technologies provide an all-natural, effective, safe and easy-to-use solution for farmers in the fruit, vegetable, turf and ornamental industries looking to raise healthy crops without the use of synthetic pesticides. Cannabis cultivators, working in the rapidly evolving cannabis space, are also potential agricultural partners.

The biopesticides market is projected to grow at a compound annual growth rate of 15.99 percent from 2018 to 2023, according to a new report issued by…

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