CO2 GRO Inc (CVE:GROW) (OTCQB:BLONF) (FRA:4021) has announced the commercial installation sale of a CO2 Delivery Solutions system to Golden Peak Cannabis, a New Brunswick-based licensed cultivator.
Back in August 2020, the company announced a commercial feasibility study with then-unnamed Golden Peak to assess the impact of a CO2 Delivery Solutions system in a vegetative and flowering room, and Golden Peak came away pleased with the results.
"We have been very impressed with the performance of CO2 Delivery Solutions,” Golden Peak CEO Tom Devost said in a statement. “Our yields are as expected with additional CO2 and our plants have been protected from powdery mildew. The operating costs of CO2 and power are negligible which has helped us reduce our overall production cost per gram. We look forward to expanding to additional rooms as we grow over the coming months."
READ: CO2 GRO starts assessing benefits of its technology at tomato greenhouse in the UK
CO2 Delivery Solutions create a saturated CO2 solution that when misted onto plants provides growers that cannot gas with CO2 the opportunity to increase plant yields by up to 30% and profits by up to 100%, the company said. Applying saturated CO2 also suppresses the development of pathogens such as E.coli and powdery mildew, helping reduce crop losses.
"We are thrilled to announce another sale of a CO2 Delivery Solutions system, this time to Golden Peak," said Aaron Archibald, CO2 GRO VP of Sales and Strategic Alliances.
“CO2 GRO would like to take this opportunity to thank Tom for his continued support of our technology as a reference to other prospective customers. Having our customers as advocates gives us great satisfaction and confidence that we are on the right path to success," Archibald added.
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