CO2 GRO Inc. Selected to Participate in a Virtual Trade Mission to Mexico Presented by the Ontario MEDJCT and Toronto Regional Board of Trade from September 20th to 23rd, 2021

Rhea-AI Summary

CO2 GRO Inc. (OTCQB: BLONF) has been selected for a virtual trade mission to Mexico from September 20-23, 2021, organized by the Ontario Ministry of Economic Development and the Toronto Regional Board of Trade. The mission aims to facilitate B2B meetings and enhance GROW's market presence in the Mexican agriculture sector. This marks the fourth time GROW has received government backing for its CO2 Delivery Solutions™ technology, which can increase plant yields by up to 30%. The company is also actively seeking support for future international expansion efforts.

 TORONTO, ON / ACCESSWIRE / August 26, 2021 / Toronto based CO2 GRO Inc. ("GROW") (TSXV:GROW, OTCQB:BLONF, Frankfurt:4021) is pleased to announce that it has been selected to participate in a virtual trade mission to Mexico presented by the Ontario Ministry of Economic Development, Job Create and Trade ('MEDJCT') in collaboration with the Toronto Regional Board of Trade. The selection was based on GROW's CO2 Delivery Solutions™ application as a clean technology.

The virtual clean tech mission is to be held September 20^th to 23^rd. The objective is to attain a targeted 6 pre-screened high impact B-2-B meetings coordinated by Global BMT Consulting. Global BMT is a market intelligence company focused on international business, marketing, and trade consultancy that has been retained by the MEDJCT to introduce Ontario based clean technology companies entering the Mexico market to targeted potential customers and distributors.

According to Aaron Archibald, VP Sales & Strategic Alliances, "We are delighted to be chosen by our Ontario Ministry of Economic Development, Job Creation and Trade, and the Toronto Regional Board of Trade to their clean tech trade mission to Mexico. Participation will augment our initial Mexico introductions screened by our Canadian Federal Trade Commissioners earlier in 2021 as well as our penetration of Mexico's protected Ag market by us and our Mexico marketing partner Rancho Nexo.

This is the fourth time our Canadian Governments have selected CO2 GRO as a promising Canadian Ag tech company to help promote us in international markets. We are currently also in competition for other Canadian Trade Commissioner Ag Tech support programs for 2022 in the EU and the Middle East. The support we have received from Canadian Trade Commissioners in international markets is greatly appreciated and gives us confidence our CO2 Delivery Solutions™ technology will gain widespread adoption as we continue to penetrate domestic and international markets."

Visit www.co2delivery.ca for more information on CO2 Delivery Solutions™ or  watch this video. To see a CO2 Delivery Solutions™ VCO2 system installation,  watch this video.

About CO2 GRO Inc. (CO2 GRO Inc.)

GROW's proprietary CO2 Delivery Solutions™ technology is revolutionizing the global 600 billion square foot protected agriculture industry (Cuesta Roble 2019). We create a saturated CO₂ solution that when misted onto plants provides growers that cannot gas with CO₂ the opportunity to increase plant yields by up to 30% and profits by up to 100%. Applying saturated CO₂ also suppressed the development of pathogens such as E.coli and powdery mildew, helping to reduce crop losses. GROW's CO2 Delivery Solutions™ is protected by a suite of patents and patents pending.

The worldwide market for GROW's disruptive CO2 Delivery Solutions™ technology is the 50 billion square feet of greenhouses and 550 billion square feet of protected agriculture facilities (Cuesta Roble 2019). Growers can maximize revenue and profits with our systems' low fixed and variable costs and ease of systems installation.

GROW's management is rapidly expanding its international marketing partner relationships into the EU, the UK, South Africa, the Middle East, South East Asia and Latin America as well as in its North American base.

GROW is committed to good Environment, Social and Governance (ES&G) policy and practices. We are an equal opportunity employer of choice and opportunity.

Our mission is to accelerate the growth of all value plants safely, economically, naturally and sustainably using our patented advanced CO2 Delivery Solutions™ while accreting value to our customers, stakeholders and shareholders.

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, Investor Relations at 604-317-6197 or michael.oconnor@co2gro.ca

SOURCE: CO2 Gro Inc.

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FAQ

What is the significance of CO2 GRO Inc.'s participation in the trade mission to Mexico?

CO2 GRO Inc.'s participation in the trade mission is significant as it aims to facilitate B2B meetings, enhancing market access to Mexico's agriculture sector for their CO2 Delivery Solutions™ technology.

When is the virtual trade mission to Mexico scheduled for CO2 GRO Inc.?

The virtual trade mission to Mexico is scheduled for September 20-23, 2021.

What is the potential impact of CO2 Delivery Solutions™ on agriculture?

CO2 Delivery Solutions™ can potentially increase plant yields by up to 30% and profits by up to 100%, while also reducing crop losses due to pathogens.

How many times has CO2 GRO Inc. received support from the Canadian government for international expansion?

CO2 GRO Inc. has received support from the Canadian government four times to promote its technology in international markets.

What markets is CO2 GRO Inc. targeting for future expansion?

CO2 GRO Inc. is targeting markets in the EU, UK, South Africa, Middle East, Southeast Asia, and Latin America for future expansion.

What does the CO2 Delivery Solutions™ technology do?

The CO2 Delivery Solutions™ technology creates a saturated CO2 solution that, when misted on plants, increases yields and suppresses pathogen development.