Business
MustGrow Advances Natural Crop Protection Solutions - Corporate Update from CEO
Saskatoon, Saskatchewan--(Newsfile Corp. - August 6, 2020) -   MustGrow Biologics Corp. (...
About this update from Mustgrow Biologics Corp.
[{"type":"text","content":"MustGrow Advances Natural Crop Protection Solutions - Corporate Update from CEOSaskatoon, Saskatchewan--(Newsfile Corp. - August 6, 2020) -  MustGrow Biologics Corp. (CSE: MGRO) (OTC: MGROF) (FSE: 0C0) (the \"Company\", \"MustGrow\"), an agricultural biotech company developing and commercializing a portfolio of natural, science-based biological crop protection products, is pleased to provide a corporate update for its stakeholders. For MustGrow, 2020 has been an execution story which includes key achievements for patents, crop protection and international expansion. Chief Executive Officer Corey Giasson outlines its industry landscape, recent achievements, and near-term catalysts. The agricultural industry and investment capital flow is transitioning towards sustainable, natural, biological, and environmentally friendly farming practices. With an evolving regulatory backdrop seemingly tailor-made to develop organic bio-pesticides and bio-herbicides, MustGrow is poised to capitalize in 2020. 2020 AchievementsIn January, MustGrow announced the filing of key patents related to a biological non-selective bio-herbicide, a timely development, as market-leading herbicides face scrutinous legal and regulatory challenges. A series of application rate tests with Canada's National Research Council determined the applicability of MustGrow's natural mustard-derived technology as a bio-herbicide. Using multiple application methods, herbicidal control was achieved after only 72 hours - controlling the trial plants from the root up.In May, exciting results were announced: MustGrow confirmed 100% control of Clubroot spores in 24-hours, utilizing MustGrow's signature mustard-derived liquid bio-pesticide. Of significance, the low application rate used in testing has the potential to be economic for canola growers. Clubroot is a rapidly spreading disease pathogen destroying canola, one of Canada's more profitable crops. Once a field is infested, there are no chemical control measures currently available that can eradicate Clubroot, with some field infections leading to 100% crop loss. In June, MustGrow commenced a tobacco crop protection research program funded by the Canadian Tobacco Research Foundation to target nematodes. Nematodes are parasitic worms that infect a tobacco plant's root system with estimated annual damage of US$4.2 billion, ...