CO2 GRO Inc (TSX-V:GROW, OTCQB:BLONF). has announced the commencement of a CO2 Delivery Solutions commercial feasibility at a significant Canadian Cannabis Licensed Producer (LP).
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. The objectives of the feasibility are to increase production and revenue while reducing the cost per gram of Cannabis produced at the facility.
READ: CO2 GRO reports strong interest in its CO2 Delivery Solutions technology at two recent agricultural conferences
CO2 GRO noted that the LP currently employs atmospheric CO2 enrichment year-round through purchased CO2 bulk tanks. However, during the warmer months from spring through fall, the facility requires heat venting which makes increasing CO2 levels in the grow areas above ambient conditions very difficult.
By employing CO2 Delivery Solutions, more CO2 can be delivered to the plant despite heat venting, resulting in not only increased plants yields but also a significant reduction in CO2 gas use and the facility's ecological footprint, it added.
In a statement, Aaron Archibald, CO2 GRO VP, Sales and Strategic Alliances commented: "The LP is focused on reducing their ecological footprint as well as increasing production and profitability. Our CO2 Delivery Solutions technology's ability to deliver significant improvements in yields, reduced cycle times and suppression of pathogens is well documented and increasingly well known in the Canadian Cannabis industry.
"We have long maintained our CO2 Delivery Solutions technology can produce significant reductions in CO2 use and expenses in addition to reducing the ecological footprint of a grower. We look forward to a successful feasibility and hopefully a commercial installation in the near future."
CO2 GRO's proprietary CO2 Delivery Solutions technology is revolutionizing the global 600 billion square foot protected agriculture industry. It creates 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%. Applying saturated CO2 also suppressed the development of pathogens such as E.coli and powdery mildew, helping to reduce crop losses.
CO2 Delivery Solutions is protected by a suite of patents and patents pending. The company's management is 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 its North American base.
Contact the author at jon.hopkins@proactiveinvestors.com