CO2 GRO Inc (CVE:GROW) (OTCQB:BLONF) (FRA:4021) says one of its existing Canadian customers has bought a second CO2 Delivery Solutions system from the company.
The system will be installed in the customer's second micro cultivation facility.
Aaron Archibald, the vice president of sales and strategic alliances at CO2 GRO, said the deal showed how the company could "expand and grow as our existing customers expand their operations".
READ: CO2 GRO announces a CO2 Delivery Solutions commercial feasibility with UK tomato greenhouse grower
"The rapid growth in protected agriculture facilities worldwide suggests that as existing customers expand facilities or build new facilities to capture market share, our technology should experience a natural increase in sales from our existing customer base. We've gone from being an add-on to one of the first things our customers consider as they expand," Archibald added in a statement.
The company's CO2 Delivery Solutions system is set to revolutionize the global 600 billion square foot (sq ft) protected agriculture industry due to its ability to suppress pathogens and reduce CO2 gas and energy usage.
The technology dissolves and saturates CO2 gas into water creating a bubble-less aqueous CO2 solution.
When the solution is misted onto high-value plants, it increases revenue to greenhouse growers by up to 30% through a combination of larger plants and shorter crop grow time.
The company says it is now rapidly expanding its international marketing partner relationships into the EU, the UK, Mexico, South Africa, the Middle East, South East Asia and Latin America, as well as in North America.
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