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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This is the first of a series of presentations organized by the Canadian Trade Commission offices in Europe tasked with facilitating introductions for leading Canadian companies to their local business audiences
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Back in August 2020, the company announced a commercial feasibility study to assess the impact of a CO2 Delivery Solutions system in a vegetative and flowering room
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The feasibility study will last a year and aims to assess tomato yield in particular during the spring through fall months when the greenhouse is venting
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The system will be installed in a 4,200 square-foot greenhouse that currently does not supplement with CO2
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John Archibald, CO2 GRO CEO said: "We have begun 2021 with a strong start, directly selling our 19th and 20th CO2 Delivery Solutions systems without commercial feasibilities to a Canadian licensed micro-cultivator and our first to a Canadia
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The system also offers greenhouses the ability to supplement their plants with CO2 consistently throughout the year without emitting CO2 gas to the atmosphere and using up to 95% less CO2 through aqueous CO2 misting
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CO2 GRO said the commercial feasibility's goals include increasing tomato fruit yield and lowering overall production costs
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The company said the collaboration is hoping to achieve faster growth, increasing bud yield, powdery mildew suppression and lower CO2 energy use and lower overall production costs
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The company said the primary focus of the commercial feasibility is to assess CO2 Delivery Solutions' effects on accelerating the growth of macadamia tree seedlings in the nursery
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The sale was made without a feasibility after the customer reviewed past data and references from current users
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As reported in January this year, the company was selected to take part in the three month program, which is focused on the agriculture-tech (Ag-Tech) industry
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The company will conduct a six-month feasibility study on Satter's strawberries using its delivery solutions technology before moving on to orchids
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CO2 GRO said the full-year commercial feasibility will allow Prism to use the CO2 Delivery Solutions to fully capture enhanced tomato yields during the hotter summer months as well as warmer spring and fall heat venting periods
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The Toronto-based company said it is also the first partnership with its UK-based marketing partner Rika Biotech
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The Memorandum of Understanding will provide CH Green with exclusive use of CO2 GRO’s CO2 Delivery Solutions for the Malaysia market
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Vice president sales and strategic alliances Aaron Archibald told investors that Lanphear’s appointment will allow the company to focus on increasing opportunities to partner with marketing partners in the region
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As with the previous three straight-to-commercial sales, this customer has decided to forego a commercial feasibility and go straight to purchasing a system with payments over 12 months
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The company estimates that a 20% increase in product yield could add up to $140,000 in additional revenue per hectare
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The CEO’s comments came as part of a corporate update on the agritech company’s milestones in 2020, when the firm signed multiple purchase agreements and direct sales of its Delivery Solutions technology
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An expert mentor on Mexico's rapidly growing agriculture industry will be assigned from February 1 through April 16 to help identify potential partners, customers, and distributors for selling and installing the company's CO2 Delivery Solut
