leadf
logo-loader
viewCO2 GRO Inc

CO2 GRO sells CO2 Delivery Solutions to licensed medical cannabis cultivator in British Columbia

The CO2 Delivery Solutions system was purchased based on data and testimonials from other customers currently using the technology

CO2 GRO Inc - CO2 GRO Inc has sold a CO2 Delivery Solutions to a British Columbia licensed cultivator for medical cannabis
Greenhouses all benefit from CO2 Delivery Solution with up to 30% yield enhancement and pathogen perimeter protection

CO2 GRO Inc (CVE:GROW) (OTCQB:BLONF) (FRA:4021) announced Tuesday that it has sold a CO2 Delivery Solutions commercial installation to a British Columbia based smaller licensed cultivator for medical cannabis.

GROW said the CO2 Delivery Solutions system was purchased based on its plant science data and testimonials from other customers currently using the technology. It was the second-such order. 

The Toronto-based company noted that it has established considerable success with micro and smaller cannabis and hemp cultivators across Canada and the US growers who operate cultivation facilities under 10,000 square feet of canopy. 

READ: CO2 GRO to participate in Indoor AgTech virtual program offering connections with indoor and greenhouse customers

Whether indoor or smaller hoop and greenhouses, all benefit from CO2 Delivery Solution with up to 30% yield enhancement and pathogen perimeter protection while realizing significant CO2 cost savings compared to atmospheric CO2 gassing, GROW said.  

Canada currently has 106 micro-cultivation licensees who can operate facilities with up to 2,150 sq ft of cannabis canopy. US states have various regulatory frameworks that accommodate smaller cultivation operations. 

With additional jurisdictions in the US approving some form of cannabis legalization during the recent election, Marijuana Business Daily reported the changes in legislation could generate USD$2.5 billion in additional sales by 2024. As a result, GROW said its CO2 Delivery Solutions is well-positioned to benefit from these positive industry trends.

"We are pleased to have our second 'straight-to-commercial installation' sale,” said Aaron Archibald, GROW's vice president of sales and strategic alliances. “We are finding a receptive niche with micro and smaller cannabis and hemp growers where our CO2 Delivery Solutions systems have now been proven to provide rapid financial benefits to them. These customers can also provide more referrals and testimonials to help accelerate the adoption of our aqueous CO2 technology."

Contact the author: [email protected]

Follow him on Twitter @PatrickMGraham

Quick facts: CO2 GRO Inc

Price: 0.195 CAD

TSX-V:GROW
Market: TSX-V
Market Cap: $15.53 m
Follow

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of CO2 GRO Inc named herein, including the promotion by the Company of CO2 GRO Inc in any Content on the Site, the Company receives from said...

FOR OUR FULL DISCLAIMER CLICK HERE

CO2 GRO sees 20% higher pepper yields though 10 weeks of Hidroexpo Feasibility

CO2 GRO (CVE: GROW- OTCQB: BLONF) Vice President of Sales and Strategic Alliances Aaron Archibald joined Steve Darling from Proactive to bring details the company has seen very good results from their CO2 Delivery Solution commercial feasibility on greenhouse-grown peppers with Hidroexpo in...

4 days, 17 hours ago

2 min read