CO2 GRO Announces 45% Increased Commercial Cannabis Bud Value
25 Juillet 2018 - 4:43PM
Toronto based CO2 GRO Inc. (“
GROW” or the
“
Company”) (TSX-V:GROW) is pleased to announce a
45% increase in cannabis bud value using GROW's patented dissolved
CO2 Foliar Spray technology. CO2 Foliar Spray was applied to 120
commercial cannabis plants compared to 120 commercial control group
cannabis plants which did not have CO2 Foliar Spray or CO2 gas
applied.
Highlights:
1) bud weight - 22% increase in
cannabis bud weight versus the control group bud weight.
2) growth speed - 33% faster
vegetative plant growth to cannabis bud flowering versus the
control group (vegetative growth is 60% of a full cannabis plant
grow cycle). This shows the potential to grow one more cannabis
crop per year by cannabis LPs that currently grow 5.5 crops per
year.
3) bud quality - results from
Health Canada accredited SGS Labs analyzing both dissolved CO2 and
control buds were similar for THC, CBDs and CBNs.
This totals 45% bud value increase using
dissolved CO2 Foliar Spray (122% in bud yield times 120% net faster
plant growth).There is no difference in the rate of plant growth
during the latter 40% plant flowering stage as dissolved CO2 Foliar
Spray is not applied.
John Archibald, CEO of GROW, stated, "We are
delighted at the major increase in bud value and the initial trial
knowledge gained which will help optimize future results. Increased
biomass weight and plant growth speed to maturity is evident in all
our non-cannabis plant CO2 Foliar Spray micro greens, lettuce,
flowers and peppers trials to date. Our patented dissolved CO2
Foliar Spray technology simply mixes CO2 and water already used
separately in greenhouses to more safely produce more plant
value.”
About CO2 GRO Inc.
GROW's mission is to accelerate all indoor and
outdoor value plant growth naturally, safely, and economically
using its patented advanced CO2 foliar technologies. GROW’s global
target plant markets are retail food at $8 trillion per year
(Plunkett Mar 2017), retail non-food plants at an estimated $1
trillion per year and legal retail cannabis that may reach $50
billion per year by 2022 (Bay St Analyst estimates).
GROW's CO2 technologies are commercially proven,
scalable and easily adopted into existing irrigation systems.
GROW's proven crop yield enhancements and revenue model are
compelling for growers and Agri-industrial partners.
GROW's sole focus is working with its plant
grower and Agri-industrial partners in proving and adopting its CO2
technologies for specific growers’ plant yield needs.
The CO2 technologies work by transferring CO2
gas into water and foliar spraying across the entire plant leaf
surface area, which is a semi permeable membrane. The dissolved
concentrated CO2 then penetrates a leaf's surface area naturally
like nicotine naturally dissolves through human skin from a
nicotine patch.
Foliar spraying natural nutrients and chemicals
on plant leaves has been used for over 60 years by millions of
indoor and outdoor plant growers. To date, outdoor growers have not
had any way to enhance plant CO2 gas uptake for faster growth.
Indoor use of CO2 gassing has enhanced plant
yields for over 60 years. However, over 50% of the CO2 gas is
typically lost through ventilation. Current greenhouse CO2 gassing
levels of up to 1500 PPM are also not ideal for worker health and
safety. GROW's safer dissolved CO2 foliar spray can be used by
indoor and outdoor plant growers with minimal CO2 gas lost.
Forward-Looking Statements This
news release may contain forward-looking statements that are based
on CO2GRO's expectations, estimates and projections regarding its
business and the economic environment in which it operates. These
statements are not guarantees of future performance and involve
risks and uncertainties that are difficult to control or predict.
Therefore, actual outcomes and results may differ materially from
those expressed in these forward-looking statements and readers
should not place undue reliance on such statements. Statements
speak only as of the date on which they are made, and the Company
undertakes no obligation to update them publicly to reflect new
information or the occurrence of future events or circumstances,
unless otherwise required to do so by law.
Neither the TSX Venture Exchange nor its
Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of this release.
For more information, please
visit www.co2gro.ca
or contact Sam Kanes, VP Business
Development at 416-315-7477.
CO2 Gro (TSXV:GROW)
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