Black Bird Biotech To Formally Test MiteXstream Biopesticide for Capacity to Boost Plant Growth, Fruit Production, In Common Agricultural Crops

Rhea-AI Summary

Black Bird Biotech, OTC:BBBT, announced testing of its MiteXstream^TM biopesticide to assess its potential for enhancing plant nutrient absorption and production capabilities. The trials aim to demonstrate if treated plants show increased growth and yield in crops like peppers and cannabis. The company cites a growing market for biopesticides, supported by a 3.4% CAGR projected for the global fertilizer sector, underscoring the potential for MiteXstream^TM to leverage market opportunities.

Positive

• Initiating testing for MiteXstream^TM to potentially enhance nutrient absorption and plant growth.
• Potential to market MiteXstream^TM as a dual-purpose product: biopesticide and nutrient enhancer.
• Growth in the global fertilizer market, projected at 3.4% CAGR from 2022 to 2030, indicating market potential for MiteXstream^TM.

Negative

• None.

FLOWER MOUND, TX / ACCESSWIRE / September 26, 2022 / Black Bird Biotech, Inc. (OTC:BBBT), manufacturer and distributor of plant-based MiteXstream^TM biopesticide, announced that it has begun testing its MiteXstream^TM biopesticide for its demonstrated capacity (1) to assist plants in nutrient absorption or (2) to act as a plant nutrient in tandem with its biopesticide capacity. The testing will determine whether the Company will be in a position to promote MiteXstream^TM as having a value proposition that, all at once, delivers high efficacy as a biopesticide and demonstrably greater plant production properties.

Within the testing, there will be several layers of analysis, including:

Will demonstrated greater plant growth in common crops, such as peppers, in MiteXstream^TM-treated plants translate to greater fruit or vegetable production per plant, due to greater plant size?

Will demonstrated greater bud growth, both in number and size, in MiteXstream^TM-treated cannabis plants translate to larger and/or more numerous buds on flowers, such as roses and daisies?

Will demonstrated higher levels of terpenes and THC in MiteXstream^TM-treated cannabis plants translate to better tasting fruits and vegetables? Will a tomato taste more like a tomato?

Will demonstrated higher levels of terpenes and THC in MiteXstream^TM-treated cannabis plants translate to fruits and vegetables possessing greater nutrient values?

"Since developing MiteXstream^TM to protect my medical cannabis grow, I have noticed that all treated plants, not just the cannabis plants, seem to be ‘happier' after each application of MiteXstream^TM. In fact, several growers that have used MiteXstream^TM have used the term ‘happier,' without prompting, to describe the visible changes to their plants," said Fabian Deneault, BBBT's President. "Now, I understand that any plant will look ‘happier' when it is free of spider mites, molds and mildews, but there is much more at play with MiteXstream^TM. I firmly believe our third-party lab testing will prove yet another revolutionary capacity of MiteXstream^TM: that it both defends and nurtures treated plants. That would be a value proposition with significant market leverage."

According to Precedence Research, the global fertilizer market size was estimated at US$ 201.1 billion in 2021 and is projected to be worth around US$ 271.6 billion by 2030, growing at a CAGR of 3.4% from 2022 to 2030.

For news and updates, shareholders, prospective investors and prospective business partners are encouraged to follow @BBBT_Corporate on Twitter and @BlackBirdBiotech on Instagram. Also visit BBBT's corporate website, BlackBirdBiotech.com, for additional information about the company.

About BBBT

Black Bird Biotech is positioned to exploit market segments with powerful, re-imagined biotech products. Its EPA-registered biopesticide, MiteXstream^TM, eradicates mites and similar pests, including spider mites (a lethal pest in cannabis, grapes, hops, coffee, strawberries and many other agricultural crops), and eliminates molds and mildews. MiteXstream^TM is a pesticide, but it is not a poison - it's a pesticide re-imagined. The MiteXstream^TM Edges: it is HONEY BEE SAFE and it can be used through the day of harvest without concern for residual "pesticide" violations, including as it pertains to state cannabis testing. MiteXstream^TM is the foundational element of the company that carries vast potential worldwide as a highly effective, safe and extremely cost-effective replacement for many traditional "poisonous" pesticides.

Forward Looking Statements:

This current press release contains "forward-looking statements," as that term is defined in Section 27A of the United States Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future, including but not limited to, any products sold or cash flow from operations.

Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with distribution and difficulties associated with obtaining financing on acceptable terms. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to our most recent annual report for our last fiscal year, our quarterly reports, and other periodic reports filed from time-to-time with the Securities and Exchange Commission.

Contact:

Eric Newlan
Vice President
833-223-4204
eric@newlanpllc.com
BlackBirdBiotech.com

SOURCE: Black Bird Biotech, Inc.

View source version on accesswire.com:
https://www.accesswire.com/717417/Black-Bird-Biotech-To-Formally-Test-MiteXstream-Biopesticide-for-Capacity-to-Boost-Plant-Growth-Fruit-Production-In-Common-Agricultural-Crops

FAQ

What is Black Bird Biotech testing with MiteXstream?

Black Bird Biotech is testing its MiteXstream^TM biopesticide for its capacity to boost nutrient absorption and plant production in various crops.

What are the expected outcomes from MiteXstream^TM testing?

The testing aims to determine if MiteXstream^TM leads to larger plant sizes, increased yield in crops like peppers, and enhanced characteristics in cannabis.

How significant is the market potential for MiteXstream^TM?

The global fertilizer market is projected to grow from $201.1 billion in 2021 to approximately $271.6 billion by 2030, highlighting a significant opportunity for MiteXstream^TM.

What benefits does MiteXstream^TM offer?

MiteXstream^TM is designed to eradicate pests while also potentially enhancing plant nutrient uptake and growth.