Company
CVE:GROW
CO2 GRO Inc is dedicated to increasing the growth of all indoor and outdoor value plants using our advanced CO2 Delivery Solutions. We increase our clients' plant yields in a safe, sustainable and economic way. We own a worldwide license to saturate water with dissolved CO2 gas and a CO2 Delivery Solutions global PCT pending patent to apply CO2 saturated water onto plants for accelerated plant growth. Our CO2 Delivery Solutions are developed, proven and scalable. Commercial feasibilities are underway with our fully automated Generation 2 Systems in Ontario flower, Cannabis, US hemp greenhouses and UAE lettuce greenhouses.
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The company was invited to present its technology to an exclusive member-only forum at the 10th-annual Japan Plant Factory Conference held September 14-16
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The company participated in two back-to-back conferences in Mexico and joined the Asociación Mexicana de Horticultura Protegida (AMHPAC), which is Mexico's largest protected agriculture association
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The system will be integrated with an existing fogging system on about 2,000 square feet of citrus tree young plants
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Once installed, the company said the commercial feasibility will continue for a period of 12 months
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The Toronto-based company pulled in $91,660 in revenue versus $16.597 in the 1Q of 2021
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The objective of the virtual clean tech mission, from September 20-23, is to attain a targeted six pre-screened, high-impact business-to-business meetings
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They have become a member of the Asociación Mexicana de Horticultura Protegida (AMHPAC), Mexico's largest protected agriculture association
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The commercial feasibility will be conducted utilizing an existing fogging system used to manage humidity levels due to Arizona's arid climate
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The feasibility will be carried out in a section of one of the Japanese firm's commercial greenhouses for up to 12 months
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The agreement is with Jose Andres Garcia Munoz, a Spanish horticulture and berry industry veteran who has widespread contacts in the country’s protected agriculture market
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The company said the feasibility study will run for up to one year with an option to expand a commercial installation for the entire production area of the facility at the conclusion of the feasibility or sooner
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Attendance at the Hemp and Horticulture conferences in July was estimated to be 10,000 industry professionals from all 50 states and over 30 countries
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The commercial feasibility will be conducted on a section of the greenhouse for about 12 months to accelerate the growth of flowers to blooming to bring products to market sooner
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The company said customer's facility has flower grow rooms with vertical wall racks that produce high quality, high yield and low-cost cannabis products
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The company said it is gaining tremendous traction in the Canadian Cannabis cultivation community and looks forward to additional commercial installations going forward
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Aaron Archibald, the vice president of sales and strategic alliances at CO2 GRO, said the deal showed how it could "expand and grow as our existing customers expand their operations"
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The commercial feasibility will be conducted in a section of La Serra's 8-hectare (861,000 square foot) greenhouse for one year
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Partnering firm Rancho Nexo has the capabilities to sell as well as assist in the engineering, installation, and commissioning of the company's CO2 Delivery Solutions systems
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The company has no debt on its balance sheet and two years of cash on hand to advance its CO2 Delivery Solutions technology
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CO2 Delivery Solutions systems create a saturated CO2 solution that, when misted onto plants, provides growers that cannot use CO2 gas with the opportunity to increase plant yields
