CO2 GRO Inc. Provides Additional Evidence of the Significant Benefits of CO2 Foliar Spray versus CO2 Gassing
13 9월 2018 - 9:30PM
CO2 GRO Inc. (“
GROW”)
(TSX-V:GROW, OTCBQ-BLONF, Frankfurt-4O21) announces additional
scientific evidence of superior plant leaf surface CO2 conductance
results using dissolved CO2 foliar spray versus CO2 gassing. Dr.
Matt Julius of St. Cloud State University (“SCSU”) has proven that
dissolved CO2 conductance on the top surface of a lettuce leaf is
essentially the same as the proven 800% plus dissolved CO2
conductance on the bottom surface of a lettuce leaf relative to CO2
gassing.
The importance of this scientific discovery to
lettuce and other high value greenhouse growers is twofold; one,
CO2 Foliar Spray delivered to the top as well as the bottom of a
lettuce leaf is more effective in stimulating dramatically faster
plant growth and plant size/mass than CO2 gassing and two, proves
why GROW’s CO2 Foliar Spray technology integrated into advanced
irrigation boom trials are showing sharply faster and larger plant
growth.
This SCSU discovery confirms GROW’s technology
potential using existing commercial irrigation booms for
accelerating plant growth by spraying dissolved CO2 on the tops of
plant leaves as effectively as the bottom of the leaves. Two large
ongoing CO2 foliar spray trials use onsite commercial irrigation
booms for micro greens in Ontario and flowers in
Michigan.
John Archibald, CEO noted “This additional
SCSU discovery and success integrating our CO2 technology into
irrigation spray booms provides further evidence of the commercial
potential of our technology. Our revenue generation model is long
term site technology licenses and lease of our integration
equipment in both indoor and outdoor boom spray systems.”
About CO2 GRO (TSX-GROW) or
"GROW"
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 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.
GROW's CO2 technologies are commercially proven,
scalable and easily adopted into existing irrigation systems.
GROW's proven crop yield enhancements and revenue model is
compelling for growers and Agri-industrial partners.
Forward-Looking Statements This
news release may contain forward-looking statements that are based
on GROW'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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