Triangle Plant Sciences and MustGrow Sign Technology Agreement
July 15 2019 - 7:00AM
Triangle Plant Sciences (“TPS”), a division of Verdesian Life
Sciences of Cary, NC, has announced a partnership with MustGrow
Biologics Corp. (“MustGrow”) of Saskatoon, SK, to offer exclusive
Canada and global access to TPS’s TP-1000, the first product in a
suite of researched hydroponic technology offerings.
“This is an exciting time to launch a TPS and
MustGrow partnership that will deliver TPS’s best-in-class nutrient
technology solutions for MustGrow’s high-value hydroponic
applications, including cannabis in production legal geographies.
TP-1000 is the first offering in a high-performing suite of
technologies that improve nutrient utilization in support of early
growth and optimal flowering,” said Nick Favret, Senior Product
Director, Triangle Plant Sciences. “Third party indoor trials have
demonstrated excellent performance in hydroponic cannabis
applications, with significant increases in terpene, and
tetrahydrocannabinol (THC) concentration. TP-1000’s unique
formulation facilitates rapid plant nutrient uptake for optimal
metabolism, growth, crop quality and yield.”
Through this partnership, TP-1000 will be made
commercially available exclusively through MustGrow in Canada, and
MustGrow will also distribute in key registered markets
globally.
“We are thrilled to enter into a partnership
with Triangle Plant Sciences,” said Colin Bletsky, Chief Operations
Officer, MustGrow. “The vision of TPS aligns perfectly to that of
MustGrow, and we look forward to working hand-in-hand to offer the
TPS suite of hydroponic products throughout Canada and, eventually,
the world.”
About Verdesian
Verdesian Life Sciences enables a sustainable
future for farmers through nutrient use efficiency (NUE™). Grown
from the ground up in 2012, Verdesian Life Sciences offers farmers
and growers biological, nutritional, seed treatment, and inoculant
technologies that maximize performance on high-value row crops and
specialty crops as well as turf and ornamental plants. As a 4R
Nutrient Stewardship Partner, Verdesian is committed to researching
and developing environmentally- and financially-sustainable
products. Further information about Verdesian is available at
www.vlsci.com. Verdesian offers a variety of best-in-class of
plant nutrition, for a variety of plant types and needs;
hydroponics is a natural extension of our capabilities.
About MustGrow
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
defence mechanisms to protect plants from pests and diseases.
Approximately $9 million has previously been spent and 110
independent tests completed, 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 introduced 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.
The Company has 25.0 million basic common shares
issued and outstanding and 36.9 million on a fully-diluted
basis. For further details, including MustGrow’s corporate
presentation, please visit www.mustgrow.ca.
ON BEHALF OF THE BOARD"Corey Giasson"Director
& CEO
Important
Always read and follow label use directions. ©
2019 Verdesian Life Sciences. All rights reserved.
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