MustGrow Outlines Crop Protection Product Pipeline
December 13 2019 - 6:00AM
MustGrow Biologics Corp. (CSE: MGRO) (OTC: MGROF)
(the "
Company", "
MustGrow"), an
agricultural biotech company developing and commercializing a
portfolio of natural, science-based biological crop protection
products, is pleased to announce its biologic crop protection
product pipeline and associated work schedule.
MustGrow’s signature mustard-derived
bio-pesticide product in ‘granule format’ is EPA-approved for use
in fruits, vegetables, nuts, turf and ornamentals. Organic
compounds found in mustard seed form the active ingredient –
utilizing the plant’s natural defense mechanism as a natural
bio-pesticide and bio-fungicide. MustGrow has concentrated the
active ingredient in both granular and now liquid format (the
“Liquid Formulation”) to maximize safety and
efficacy – a key milestone for growers seeking a ‘natural
biological’ alternative to ‘chemistry-based’ products, some of
which are dangerous to human health. The advanced Liquid
Formulation may be applied through standard drip or spray
equipment, improving effectiveness, economics, functionality and
performance features.
MustGrow’s Liquid Formulation has achieved 100%
control of hard-to-kill soil borne diseases such as Botrytis and
Fusarium. To determine economic viability of the Liquid
Formulation, the lowest effective application use-rates have also
been tested: >95% control was achieved at rates as low as 2.5
gal/acre. This rate is believed by MustGrow to be an
economically-feasible application rate in major fruits, vegetables,
turf, ornamental and some broad acre farming operations.
The following product pipeline table outlines
the advancement progress of MustGrow’s Liquid Formulation in
applicable crop protection categories:
Product |
Activity |
Crops |
Target |
Stage 3: Development and Pre-Launch |
TerraMG™ |
Bio-Pesticide |
Fruit, Vegetables, Turf and Ornamentals |
Soil-borne pests, diseases and nematodes |
MG 1001 |
Bio-Pesticide |
Tobacco |
Soil-borne pests, diseases and nematodes |
Stage 2: Evaluation and Optimization |
MG 2001 |
Bio-Herbicide (Non-Selective) |
All Crops |
Noxious or resistant weeds |
MG 1002 |
Bio-Pesticide |
Stored Grain |
Mycotoxin and insect control |
MG 4001 |
Bio-Fungicide |
Canola |
Club Root (Plasmodiophora brassicae) |
Stage 1: Invention and Initial Testing |
MG 4002 |
Bio-Fungicide |
Bananas |
Fusarium wilt TR4 |
MG 1003 |
Bio-Pesticide |
Broad Acre |
Soil-borne pests, diseases and nematodes |
MG 1004 |
Bio-Pesticide |
Fresh Produce |
E.coli, Salmonella, Listeria, other disease and insects |
MG 5001 |
Bio-Insecticide |
Citrus Trees |
Asian Citrus Psyllid – Citrus Greening |
|
MustGrow’s intellectual property suite is a
platform for several crop protection categories, aiming to disrupt
global agriculture markets that have traditionally been dominated
by chemistry-based products. MustGrow views these crop
protection categories as significant opportunities, given the
substantial market sizes and the applicability of our Liquid
Formulation in these categories. MustGrow’s existing patent
portfolio protects both method-of-use and composition-of-matter
claims for MustGrow’s signature mustard-derived approach to
controlling unwanted pests and diseases.
About MustGrow
MustGrow is a publicly traded (CSE:
MGRO) (OTC: MGROF) 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
defence 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 36.1 million basic
common shares issued and outstanding. For further details please
visit www.mustgrow.ca.
ON BEHALF OF THE BOARD
"Corey Giasson"
Director & CEO Phone: +1-306-668-2652
Forward-Looking Statements
Certain statements included in this press
release constitute "forward-looking statements" which involve known
and unknown risks, uncertainties and other factors that may affect
the results, performance or achievements of MustGrow.
Generally, forward-looking information can be
identified by the use of forward-looking terminology such as
"plans", "expects", "is expected", "budget", "estimates",
"intends", "anticipates" or "does not anticipate", or "believes",
or variations of such words and phrases or statements that certain
actions, events or results "may", "could", "would", "might",
"occur" or "be achieved".
Forward-looking statements are subject to a
number of risks and uncertainties that may cause the actual results
of MustGrow to differ materially from those discussed in such
forward-looking statements, and even if such actual results are
realized or substantially realized, there can be no assurance that
they will have the expected consequences to, or effects on,
MustGrow.
These risks are described in more detail in
MustGrow’s continuous disclosure documents filed by MustGrow with
the applicable securities regulatory authorities and available
at www.sedar.com. Readers are referred to such documents
for more detailed information about MustGrow, which is subject to
the qualifications, assumptions and notes set forth therein.
This release does not constitute an offer for
sale of, nor a solicitation for offers to buy, any securities in
the United States.
Neither the CSE nor its Regulation Services
Provider (as that term is defined in the policies of the CSE)
accepts responsibility for the adequacy or accuracy of this
release.
Important
Always read and follow label use directions. ©
2019 MustGrow Biologics Corp. All rights reserved.
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