Marrone Bio Innovations, Inc. (NASDAQ:MBII) (MBI), a leading
provider of bio-based pest management and plant health products for
the agriculture, turf and ornamental and water treatment markets,
is pleased to announced that it is a co-sponsor of “The Grow Off”,
a prominent Colorado cannabis growing competition, currently in
progress, which will be finalized in August, 2018 in Denver,
Colorado.
The Grow Off is a science-based competition that
awards prizes to cannabis growers in three categories: terpene
content, yield and potency. To maintain the integrity of the
competition, testing to calculate the results is conducted entirely
by third party labs. In addition to the competition, the
event serves as a valuable platform for growers to interact with
each other and share insight about their plant health and
Integrated Pest Management (IPM) programs.
“I truly admire the integrity of The Grow Off
and am impressed by the care, professionalism and pride that these
growers have in their operations, both large and small. We at MBI
fully support growers and the broader cannabis industry, and as a
part of these initiatives, we are providing growers with IPM
educational materials such as articles, videos and other references
to enable better identification and management of pests using MBI’s
highly effective suite of products,” said Lisa Malabad, Cannabis
Segment Lead.
The Grow Off serves as a valuable venue and
opportunity for MBI to interact with leading growers in Colorado
and listen to their concerns, understand their IPM programs and
learn about the biggest opportunities and challenges currently
facing the industry. To date, MBI has determined
the following:
- Pest management is critical to maintain the health and
viability of a cannabis crop.
- Mites, powdery mildew and aphids are key problems that will
wipe out a crop if not kept in check.
- Many growers that are already using MBI products are extremely
satisfied with the results, while others are interested in trying
MBI products but have not yet done so.
- Shared education in the industry is widely needed.
Nicki Shepherd, Commercial Sales Manager of Crop
Supply/Way to Grow, a co-sponsor of The Grow Off, said, “We are
excited to partner with a leading science-based firm such as
Marrone Bio, which we believe represents the future of crop
protection with their sustainable and organic approach to pest
management for cultivators, from small to commercial size gardens.
We look forward to carrying a suite of MBI products at our
locations in Colorado, with future plans to carry them in our
California locations once all registrations are in place.”
Samantha Taylor, Co-founder of The Grow Off
said, “The Grow-Off team is thrilled to partner with MBI to address
the pest management needs of our grower base. With so many
harmful pesticides on the market, it is paramount that
cannabis cultivators have access to safe and effective pest
management options, such as those offered by MBI, to tackle
the wide variety of issues that today’s growers
face.”
MBI’s products, REGALIA CG, GRANDEVO CG and
VENERATE CG, are multi-state-approved and highly effective
biological crop protection solutions. They support clean green
cultivation, with the ability to generate increased yield and
improved crop quality by reducing stresses from plant disease,
insects and mites to the plant. When incorporated into an IPM
program, these products can serve as a significant value driver for
successful growers. Grandevo CG, Regalia CG and Venerate CG
products are available at hydroponic supply stores, Ag retail and
on the MBI website at www.marronebioinnovations.com/cg.
Please check with your local MBI representative for current state
registration status.
About Marrone Bio InnovationsBIO WITH
BITE.
Marrone Bio Innovations, Inc. (NASDAQ:MBII) strives to lead the
movement to a more sustainable world through the discovery,
development and promotion of biological products for crop
protection and plant health. MBI’s effective and environmentally
responsible pest management solutions help customers operate more
sustainably while uniquely improving plant health and increasing
crop yields. MBI’s currently available commercial products are
Regalia®, Grandevo®, Venerate®, Majestene®, Haven® StargusTM and
AmplitudeTM, Zelto® and Zequanox®.
Marrone Bio Innovations is dedicated to
pioneering smart biopesticide solutions that support a better
tomorrow for farmers, turf managers and consumers around the globe.
For more information, please visit
www.marronebio.com.
Marrone Bio Innovations Forward Looking
StatementsThis press release contains forward-looking
statements that involve substantial risks and uncertainties.
All statements, other than statements of historical facts, included
in this press release regarding strategy, future operations and
plans, including assumptions underlying such statements, are
forward-looking statements, and should not be relied upon as
representing MBI’s views as of any subsequent date. Examples
of such statements include statements regarding the potential of
Regalia, Grandevo and Venerate CG and other MBI products in the US
and Canada, market projections, including the potential benefits of
these products. Such forward-looking statements are based on
information available to the Company as of the date of this release
and involve a number of risks and uncertainties, some beyond the
Company's control, that could cause actual results to differ
materially from those anticipated by these forward-looking
statements, including consumer, regulatory and other factors
affecting demand for the MBI’s products, any difficulty in
marketing MBI’s products in its target markets, competition in the
market for pest management products, lack of understanding of
bio-based pest management products by customers and growers.
Additional information that could lead to material changes in MBI’s
performance is contained in its filings with the SEC. MBI is
under no obligation to, and expressly disclaims any responsibility
to, update or alter forward-looking statements contained in this
release, whether as a result of current information, future events
or otherwise.
Marrone Bio Innovations Contacts:Lisa Malabad,
Product Marketing Manager and Cannabis Segment LeadJoshua Pacheco,
Cannabis Sales Specialist Telephone: +1 (530) 750-2800 Email:
Info@marronebio.com
MBI Investor Relations: Greg Falesnik Managing
Director MZ Group – MZ North America Main:
949-385-6449MBII@mzgroup.us www.mzgroup.us
MBI External Public
Relations:Bryan Spevak Account
Director anthonyBarnum Public Relations Office:
512-387-3703 bryan.spevak@anthonybarnum.com
Marrone Bio Innovations (NASDAQ:MBII)
Historical Stock Chart
From Feb 2024 to Mar 2024
Marrone Bio Innovations (NASDAQ:MBII)
Historical Stock Chart
From Mar 2023 to Mar 2024