MustGrow Biologics (CSE: MGRO), an agricultural biotech company, this morning announced that a biopesticide R&D program is underway with the National Research Council Canada (“NRC”). According to the update, the R&D team is conducting a series of efficacy assessments of MustGrow’s patented biopesticide as a natural pre-plant, pre-pot soil treatment for diseases and pests that affect cannabis production. MustGrow intends to seek approval of its natural biopesticide from Health Canada for eventual use by Canada’s licensed cannabis producers. Currently, the R&D program is targeting a number of soil-borne pests and diseases that have been particularly problematic for many of Canada’s licensed cannabis producers, which include but are not limited to Botrytis (gray mold, bud rot), Fusarium and Rhizoctonia (root rot).
To view the full press release, visit http://ibn.fm/PV5U9
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 United States EPA-approved organic solution that uses the mustard seed’s natural defense mechanisms to protect plants from pests and diseases. Approximately $9 million has previously 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 PMRA (Pest Management Regulatory Agency) as a fruit, vegetable, turf and ornamental biopesticide and biofertilizer. In cannabis, 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 pre-plant 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://ibn.fm/MGRO
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