STOCK TITAN

Boon Positions DiOx+ as Catalyst for Revenue Growth in Crop Protection Market

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

Boon Industries (OTC: BNOW) is advancing its sales initiatives within the $11 billion North American crop protection market. The company’s DiOx+ product has passed EPA testing and is ready for orders, capitalizing on distribution agreements. CEO Justin Gonzalez highlighted opportunities in California's agricultural sector, particularly for crops like grapes and citrus, which face various pathogens. Additionally, Boon has secured trademark approval for DiOx+, enhancing its brand position as it aims to generate revenue in agriculture.

Positive
  • DiOx+ qualifies for immediate order fulfillment under EPA testing.
  • Distribution agreements signed, positioning the company to capture key agricultural customers.
  • Trademark approval secured for DiOx+, reinforcing brand identity.
Negative
  • None.

SACRAMENTO, CA, June 14, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire – Boon Industries, Inc. (OTC PINK: BNOW) (“Boon” or the “Company”), announces that the Company is moving forward with several targeted sales initiatives to generate revenue in the $11 billion North American crop protection market. 

 “Our field tests have exceeded our customers’ expectations and firmly position us to disrupt the crop protection market space. Under our EPA testing format, DiOx+ qualifies for substances excluded from regulation by FIFRA under section 152.6 allowing us to begin filling orders immediately. With distribution agreements already signed and others that are in various stages of completion, we are primed to capture important agriculture customers,” noted Gonzalez. 

“We’re excited about the opportunities we’re working on in California agriculture—especially for the grape, berry, and citrus crop markets—which are plagued by pathogens all along the growth and supply chain,” stated Justin Gonzalez, CEO, Boon Industries. “Our DiOx+ Sterilizer, is the ideal solution from seed to sale to destroy biofilm, fungus and viruses that threaten the crops produced by farmers in California and across the nation.”   

Gonzalez added that Boon recently received trademark approval for the DiOx+ brand. “We are pleased to have secured the valuable trademark for DiOx+ as we embark on important revenue generating commercial activity in the agriculture sector. We will be supporting this effort with agriculture-specific marketing-driven support that has our DiOx+ brand at its foundation.”

About Boon Industries

Boon Industries, Inc (OTC: BNOW) is an innovative bioscience company delivering environmentally safe products to benefit people and the planet. At the core of Boon’s product offering is DiOx+, a Chlorine Dioxide Disinfectant Sterilizer. Chlorine Dioxide has been approved by OSHA, FDA, EPA, CDC, USDA, and DOT. DiOx+ kills 99.9999% of harmful pathogens without dangerous toxic exposure to the user or the environment. The proprietary chemical formulas and processes behind DiOx+ make it ideal for sterilization of mission critical, high value medical equipment and disinfecting air and surfaces in laboratory and hospital environments. DiOx+ helps protect agricultural crops from disease, is used in water treatment plants, and helps reduce operational costs in warehousing, distribution centers and ecommerce support facilities. The introduction of DiOx+ to the U.S. market follows 10+ years of Chlorine Dioxide usage in global markets driven by Boon’s CEO Justin Gonzalez. DiOx+ delivers on Boon’s promise to provide the most effective, affordable solutions without sacrificing health and safety. DiOx+ is produced at Boon’s manufacturing facility and corporate headquarters in Grass Valley, California.

Safe Harbor for Forward-Looking Statements: This news release contains forward-looking statements which are not statements of historical fact. Forward-looking statements include estimates and statements that describe the Company’s future plans, objectives or goals, including words to the effect that the Company or management expects a stated condition or result to occur. Forward-looking statements may be identified by such terms as “believes”, “anticipates”, “expects”, “estimates”, “may”, “could”, “would”, “will”, or “plan”. Since forward-looking statements are based on assumptions and address future events and conditions, by their very nature they involve inherent risks and uncertainties. Although these statements are based on information currently available to the Company, the Company provides no assurance that actual results will meet management’s expectations. Risks, uncertainties and other factors involved with forward-looking information could cause actual events, results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking information. Factors that could cause actual results to differ materially from such forward-looking information include but are not limited to changes in general economic and financial market conditions. Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law.

Please note that from time to time the Company may post new information at its website boonindustries.com, or via its current social media accounts below:

LinkedIn: https://www.linkedin.com/company/boon-industries

Twitter: https://twitter.com/boonindustries

Company Contact
Boon Industries, Inc.
www.boonindustries.com
admin@boonindustries.com

Investor Relations & Financial Media
Integrity Media Inc.
team@integritymedia.com
Toll Free: (888) 216-3595
www.IntegrityMedia.com


FAQ

What are Boon Industries' plans for the crop protection market?

Boon Industries is implementing targeted sales initiatives to penetrate the $11 billion North American crop protection market, focusing on their product DiOx+.

How does DiOx+ contribute to agriculture?

DiOx+ is designed to address pathogens affecting crops, particularly in California's grape, berry, and citrus markets.

What is the significance of EPA testing for DiOx+?

DiOx+ has met EPA testing criteria, which allows Boon Industries to begin filling orders immediately and enhances its market entry strategy.

When did Boon Industries announce its sales initiatives?

Boon Industries announced its sales initiatives on June 14, 2021.

What is the stock symbol for Boon Industries?

The stock symbol for Boon Industries is BNOW.

BNOW

OTC:BNOW

BNOW Rankings

BNOW Latest News

BNOW Stock Data

73.42M
7.7%
Chemicals
Basic Materials
Link
United States
Grass Valley