Technology

CO2 GRO Inc. Announces Commissioning of Technology Trial at European Grower Operating 100 Million Square Feet of Grow Space

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TORONTO, ON/ACCESSWIRE/March 8, 2022/ CO2 GRO Inc. of Toronto (“BIG CO2″ or the “Company“) (TSXV:GROW)(OTCQB:BLONF)(FRA:4021) is pleased to announce the commissioning of a technology trial in the R&D greenhouse of an EU grower. The grower operates 100 million square feet of greenhouse growing space Announcement of the Technology Trial (formerly known as the Business Feasibility Study) with this customer was released on September 2, 2021.

Aaron Archibald, Vice President of Sales and Strategic Alliances, commented, “Given the size of the client’s commercial greenhouses of 100 million square feet and the importance of a successful technology trial, we asked the “one of our project management team to visit the customer in order to successfully commission the project. The technology trial will run for one year. We look forward to a positive outcome leading to a commercial technology purchase.”

To visit www.co2delivery.ca for more information on CO2 Delivery Solutions™.

About CO2 GRO Inc.CO2 GRO inc.

CO2 GRO’s proprietary CO2 Delivery Solutions™ technology is revolutionizing the estimated 800 billion square foot global protected producer market. This includes 600 billion square feet of fruits and vegetables (Cuesta Roble 2019), about 100 billion square feet of floriculture, and about 100 billion square feet of crops such as medicinal plants, citrus seedlings, and other varieties. non-food.

Devotion: CO2 GRO is dedicated to sustainably improving plant growth and productivity, while reducing our customers’ environmental footprint with a focus on people, planet and prosperity.

Our technology: CO2 Delivery Solutions™ creates dissolved CO2 solution that is sprayed on plants grown in greenhouses and protected grower facilities around the world, providing growers with multiple significant benefits.

Value proposition: Producers who cannot enrich their atmospheric installations with CO2 (gassing) can now achieve yield increases of up to 30% and up to a double gross profit, while suppressing the growth of micro-pathogens such as E.coli and powdery mildew leading to healthier crops. Greenhouses and indoor facilities that currently use CO2 gassing can save up to 90% on their CO2 consumption, thus reducing their production costs and their CO emissions2 enrichment broadcasts.

Patent protection: CO2 GRO’s CO2 Delivery Solutions™ technology is protected by a suite of patents and patents pending.

Business model: Our technology is sold to growers based on installed cultivation area at prices that provide a high return on investment and high margins for our shareholders.

Global expansion: CO2 GRO management is rapidly expanding its international marketing partnership relationships to Mexico, Spain, EU, UK, South Africa, Middle East, Southeast Asia and Latin America, as well as in the United States and Canada.

ESG: CO2 GRO is committed to adopting sound environmental, social and governance (ESG) policies and practices. We are an equal opportunity employer of choice.

Forward-looking statements

This press release contains statements that constitute “forward-looking information” within the meaning of applicable securities laws, including statements regarding the Company’s current plans, intentions, beliefs and expectations with respect to the business future business. Forward-looking information is often identified by the words “may”, “could”, “should”, “will”, “intend”, “plan”, “anticipate”, “believe”, “estimate”, ” expect” or similar expressions and include information regarding: statements regarding the future direction of the Company; the Company’s ability to successfully achieve its business and financial objectives; expansion plans and the Company’s ability to obtain, develop and maintain business relationships; and expectations regarding other economic, business and/or competitive factors. Investors are cautioned that forward-looking information is not based on historical fact, but rather reflects the Company’s management’s expectations, estimates or projections regarding the business of future results or events of the Company based on opinions, assumptions and estimates that management believed to be reasonable at the date the statements are made. These assumptions include, but are not limited to: general business and economic conditions; the Company’s ability to successfully execute its plans and intentions; the availability of financing on reasonable terms; the Company’s ability to attract and retain qualified personnel; market competition; the products and technology offered by the Company’s competitors; and that good relations with business partners will be maintained. Although the Company believes that the expectations reflected in such forward-looking information are reasonable, such information involves risks and uncertainties, and undue reliance should not be placed on such information, as unknown or unpredictable factors could have material adverse effects on future results, performance or achievements. Among the key factors that could cause actual results to differ materially from those projected in the forward-looking information are the following: changes in general economic, business and political conditions, including changes in financial markets; in particular, in the Company’s ability to raise debt and equity in the amounts and at the costs it anticipates; adverse changes in applicable laws or adverse changes in the application or enforcement of applicable laws; the biotechnology industry and the greenhouse market are highly competitive, and technical advances in the industry will impact the Company’s success, and other risks described in the Company’s filings which are available at www.sedar.com. Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking information prove incorrect, actual results may differ materially from those described herein as anticipated, planned, anticipated, believed, estimated or expected. Although the Company has attempted to identify important risks, uncertainties and factors that could cause actual results to differ materially, there may be others that cause results not to be those anticipated, estimated or planned. The Company does not intend and undertakes no obligation to update this forward-looking information, except as otherwise required by applicable law.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

For more information, please visit www.co2gro.ca or contact Michael O’Connor, Director of Investor Relations at 604-317-6197 or [email protected]

THE SOURCE: CO2 Gro Inc.

See the source version on accesswire.com:
https://www.accesswire.com/692003/CO2-GRO-Inc-Announces-the-Commissioning-of-a-Technology-Trial-at-an-EU-Grower-Operating-100-Million-Square-Feet- of-Culture-Space