CO2 GRO Inc. and Mexico Partner Rancho Nexo to Exhibit at GreenTech Americas in Mexico April 27-29, 2022

Rhea-AI Summary

CO2 GRO Inc. (OTCQB: BLONF) announces its participation in the GreenTech Americas Conference in Queretaro, Mexico, from April 27-29, 2022. The company will showcase its proprietary CO2 Delivery Solutions™ technology, aimed at enhancing horticultural productivity. The partnership with Rancho Nexo aims to facilitate technology trials for growers. This event provides significant exposure in Mexico's $6 billion protected agriculture market, with CO2 GRO continuing to expand its international presence.

Positive

• Participation in GreenTech Americas Conference, enhancing visibility in the $6 billion Mexican agricultural market.
• Collaboration with Rancho Nexo to install technology trials for growers, indicating strong market engagement.

Negative

• None.

TORONTO, ON / ACCESSWIRE / April 21, 2022 / Toronto-based CO2 GRO Inc. ("GROW" or the "Company") (TSX.V:GROW)(OTCQB:BLONF)(Frankfurt:4021) is pleased to announce CO2 GRO and their Mexico marketing and sales partner, Rancho Nexo will be exhibiting CO2 Delivery Solutions™technology at the GreenTech Americas Conference hosted in Queretaro Centro de Congresos QRO, Mexico from April 27-29, 2022. This is the second edition of the GreenTech Americas Conference designed for all professionals involved in horticultural technology in Mexico and the Latin America region. The exhibition focuses on the front-end of the horticultural production chain.

Representatives from CO2 GRO will participate with Rancho Nexo and assist with the installation of a Technology Trial that was announced on April 7, 2022 for Bresca Hortalizas S.P.R. de R.L. who operates a 4 Ha (10 acre) new greenhouse in the State of Puebla, Mexico.

Aaron Archibald, VP Sales & Strategic Alliances commented, "We are delighted to be participating in the second GreenTech Americas Conference with our sales and marketing partner Rancho Nexo. The first Mexico ag tech conferences we participated in were very successful in facilitating introductions with several protected ag Mexican growers. At 6 billion square feet, Mexico is the second largest protected ag market globally and as such represents an enormous opportunity for CO2 GRO and Rancho Nexo.

I will be attending the GreenTech Americas Conference with Rancho Nexo then we will be conducting site visits with some of the largest and most influential greenhouse operators in Mexico. Conferences focused on protected ag is a key tool the Company employs to develop sales opportunities with growers".

For more information on the GreenTech Americas Conference, please visit GreenTech Americas

Visit CO2Delivery for more information on CO2 Delivery Solutions™ or  watch this video.

About Rancho Nexo Rancho Nexo

Rancho Nexo, based in Guelph, Ontario, Canada and Mexico City, is dedicated to connecting the world with the power of technology by bringing together innovators and global channel partners. Rancho Nexo was founded to help innovative tech companies reach broader markets in a shorter period of time. "We represent advanced technology firms in Latin American Markets and offer their innovative solutions to companies looking to revolutionize their performance".

CO2 GRO Inc. CO2 GRO Inc.

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

Dedication: CO2 GRO is dedicated to enhancing plant growth and productivity sustainably, while reducing our customers' ecological footprint with a focus on People, the Planet and Prosperity.

Our Technology: CO2 Delivery Solutions™ creates a dissolved CO₂ solution that is misted onto plants grown in greenhouses and protected grower facilities globally providing growers with multiple significant benefits.

Value Proposition: Growers that cannot atmospherically enrich their facilities with CO₂ (gassing) can now realize yield increases of up to 30% and up to a doubling of gross profits, while suppressing the development of micro-pathogens such as E.coli and powdery mildew leading to healthier crops. Greenhouses and indoor facilities that currently do employ CO₂ gassing can save up to 90% on their CO₂ consumption, thereby reducing their production costs and CO₂ enrichment emissions.

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 the cultivation area installed at prices that provide a high return on their investment and high margins for our shareholders.

Global Expansion: CO2 GRO's management is rapidly expanding its international marketing partner relationships into Mexico, Spain, the EU, the UK, South Africa, the Middle East, South East Asia and Latin America as well as in its US and Canadian base.

ESG: CO2 GRO is committed to good Environmental, Social and Governance (ESG) policies and practices. We are an equal opportunity employer of choice and opportunity.

Forward-Looking Statements

This press release contains statements which constitute "forward‐looking information" within the meaning of applicable securities laws, including statements regarding the plans, intentions, beliefs and current expectations of the Company with respect to future business activities. Forward‐ looking information is often identified by the words "may," "would," "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 ability of the Company to successfully achieve its business and financial objectives; plans for expansion and the ability of the Company to obtain, develop and foster its business relationships; and expectations for other economic, business, and/or competitive factors. Investors are cautioned that forward‐looking information is not based on historical facts but instead reflect the Company's management's expectations, estimates or projections concerning the business of the Company's future results or events based on the opinions, assumptions and estimates that management considered reasonable at the date the statements are made. Such 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 skilled staff; market competition; the products and technology offered by the Company's competitors; and that good relationships 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 the financial markets; in particular, in the ability of the Company to raise debt and equity capital in the amounts and at the costs that it expects; adverse changes in applicable laws or adverse changes in the application or enforcement of current laws; the biotechnology industry and the greenhouse growers market are highly competitive, and technical advances in the industry will impact the success of the Company, and other risks described in the Company's filings that 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 vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected. Although the Company has attempted to identify important risks, uncertainties and factors which could cause actual results to differ materially, there may be others that cause results not to be as anticipated, estimated or intended. The Company does not intend, and does not assume any 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, Manager, and Investor Relations at 604-317-6197 or michael.oconnor@co2gro.ca.

SOURCE: CO2 Gro Inc.

View source version on accesswire.com:
https://www.accesswire.com/698343/CO2-GRO-Inc-and-Mexico-Partner-Rancho-Nexo-to-Exhibit-at-GreenTech-Americas-in-Mexico-April-27-29-2022

FAQ

What is CO2 GRO Inc. showcasing at the GreenTech Americas Conference?

CO2 GRO Inc. is showcasing its CO2 Delivery Solutions™ technology aimed at improving horticultural productivity.

When is the GreenTech Americas Conference taking place?

The GreenTech Americas Conference is scheduled for April 27-29, 2022.

What opportunities does Mexico's market present for CO2 GRO?

Mexico's market represents a $6 billion opportunity in protected agriculture for CO2 GRO.

What is the role of Rancho Nexo in CO2 GRO's initiatives?

Rancho Nexo is CO2 GRO's marketing and sales partner, assisting with technology trials and market outreach in Mexico.

What potential benefits does CO2 Delivery Solutions™ offer to growers?

Growers can achieve yield increases of up to 30% and potentially double their gross profits while reducing production costs.