STOCK TITAN

MustGrow Receives Florida Registration for TerraSante(TM) Biofertility Product

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Very Positive)
Tags

MustGrow has received approval from the Florida Department of Agriculture to commence sales of TerraSanteTM, an organic biofertility product in Florida. TerraSanteTM aims to enhance soil health, nutrient efficiency, and plant yields.

This registration includes the Organic OMRI Listed® certification, already held in Arizona, Idaho, Oregon, and Washington State. Florida's agriculture spans 47,300 farms and 9.7 million acres, producing a significant array of crops. MustGrow aims for further state-level registrations in the U.S.

TerraSanteTM contains plant proteins and carbohydrates, targeting soil and soil microbiome health, potentially improving nutrient availability, plant vigor, and yields with no artificial additives.

MustGrow ha ricevuto l'approvazione dal Dipartimento dell'Agricoltura della Florida per iniziare le vendite di TerraSanteTM, un prodotto biofertilizzante organico in Florida. TerraSanteTM mira a migliorare la salute del suolo, l'efficienza dei nutrienti e i rendimenti delle piante.

Questa registrazione include la certificazione Organic OMRI Listed®, già detenuta in Arizona, Idaho, Oregon e Washington State. L'agricoltura della Florida si estende su 47.300 fattorie e 9,7 milioni di acri, producendo una vasta gamma di colture. MustGrow mira a ulteriori registrazioni a livello statale negli Stati Uniti.

TerraSanteTM contiene proteine vegetali e carboidrati, concentrandosi sulla salute del suolo e del microbioma del suolo, potenzialmente migliorando la disponibilità di nutrienti, la vigorosità delle piante e i rendimenti senza additivi artificiali.

MustGrow ha recibido la aprobación del Departamento de Agricultura de Florida para comenzar a vender TerraSanteTM, un producto biofertilizante orgánico en Florida. TerraSanteTM tiene como objetivo mejorar la salud del suelo, la eficiencia de los nutrientes y los rendimientos de las plantas.

Este registro incluye la certificación Organic OMRI Listed®, ya obtenida en Arizona, Idaho, Oregón y el estado de Washington. La agricultura de Florida abarca 47,300 granjas y 9.7 millones de acres, produciendo una amplia variedad de cultivos. MustGrow busca obtener más registros a nivel estatal en los EE. UU.

TerraSanteTM contiene proteínas vegetales y carbohidratos, enfocándose en la salud del suelo y del microbioma del suelo, lo que potencialmente mejora la disponibilidad de nutrientes, la vitalidad de las plantas y los rendimientos sin aditivos artificiales.

MustGrow플로리다 농무부로부터 TerraSanteTM의 판매를 시작할 수 있도록 승인을 받았습니다. TerraSanteTM은 플로리다에서 토양 건강, 영양 효율성 및 식물 수확량을 향상시키는 것을 목표로 하고 있습니다.

이 등록은 이미 애리조나, 아이다호, 오리건, 워싱턴 주에서 보유하고 있는 Organic OMRI Listed® 인증을 포함합니다. 플로리다의 농업은 47,300개의 농장과 970만 에이커를 차지하며, 다양한 작물을 생산하고 있습니다. MustGrow는 미국 내 추가 주 정부 등록을 목표로 하고 있습니다.

TerraSanteTM은 식물 단백질과 탄수화물을 포함하고 있으며, 토양과 토양 미생물 군집의 건강을 목표로 하여, 인공 첨가물 없이도 영양소 가용성, 식물의 활력 및 수확량을 개선할 가능성이 있습니다.

MustGrow a obtenu l'approbation du Département de l'Agriculture de la Floride pour commencer les ventes de TerraSanteTM, un produit biofertilisant organique en Floride. TerraSanteTM vise à améliorer la santé des sols, l'efficacité des nutriments et les rendements des plantes.

Cet enregistrement inclut la certification Organic OMRI Listed®, déjà détenue en Arizona, Idaho, Oregon et Washington State. L'agriculture en Floride s'étend sur 47 300 fermes et 9,7 millions d'acres, produisant une large gamme de cultures. MustGrow vise à obtenir d'autres enregistrements au niveau des États-Unis.

TerraSanteTM contient des protéines végétales et des glucides, ciblant la santé du sol et du microbiome du sol, ce qui pourrait améliorer la disponibilité des nutriments, la vigueur des plantes et les rendements sans additifs artificiels.

MustGrow hat die Genehmigung des Florida Department of Agriculture erhalten, um den Verkauf von TerraSanteTM, einem organischen Bio-Düngerprodukt in Florida, zu beginnen. TerraSanteTM zielt darauf ab, die Bodengesundheit, die Nährstoffeffizienz und die Erträge der Pflanzen zu verbessern.

Diese Registrierung umfasst das bereits in Arizona, Idaho, Oregon und Washington State enthaltene Zertifikat Organic OMRI Listed®. Die Landwirtschaft in Florida erstreckt sich über 47.300 Farmen und 9,7 Millionen Acres und produziert eine bedeutende Vielzahl von Erzeugnissen. MustGrow strebt weitere Registrierungen auf staatlicher Ebene in den USA an.

TerraSanteTM enthält pflanzliche Proteine und Kohlenhydrate und konzentriert sich auf die Gesundheit des Bodens und des Bodenmikrobioms, was potenziell die Verfügbarkeit von Nährstoffen, die Vitalität der Pflanzen und die Erträge ohne künstliche Zusätze verbessern könnte.

Positive
  • Florida registration for TerraSanteTM opens a substantial market with 47,300 farms and 9.7 million acres.
  • Includes Organic OMRI Listed® certification, expanding MustGrow's credibility and market reach.
  • Potential to enhance soil health, nutrient efficiency, and crop yields, benefiting overall agricultural productivity.
Negative
  • None.
  • MustGrow has received approval from the Florida Department of Agriculture and Consumer Services to commence sales of TerraSanteTM, an organic biofertility product, in the State of Florida.
  • Mustard-derived TerraSanteTM focuses on soil and soil microbiome health, nutrient/water use efficiencies, and plant yields.

Saskatoon, Saskatchewan--(Newsfile Corp. - September 11, 2024) - MustGrow Biologics Corp. (TSXV: MGRO) (OTCQB: MGROF) (FSE:0C0) (the "Company" or "MustGrow") is pleased to announce receipt of the Florida Department of Agriculture and Consumer Services registration approval for its mustard plant-based TerraSanteTM, an organic biofertility product. The Florida organic certification is included under MustGrow's existing Organic OMRI Listed® certifications in Arizona, Idaho, Oregon, and Washington State.

Cannot view this image? Visit: https://images.newsfilecorp.com/files/7108/222877_logo.jpg

Cannot view this image? Visit:
https://images.newsfilecorp.com/files/7108/222877_logo.jpg

MustGrow's Florida registration and organic certification is a key pillar in the commercialization strategy with BioAg Product Strategies. In addition to Florida, and recently-awarded Arizona, Idaho, California, Oregon, and Washington State, MustGrow expects to continue its efforts towards further state-level registrations in other pertinent U.S. states.

Florida has approximately 47,300 farms, citrus groves, and ranches totalling 9.7 million acres, producing a wide variety of fruits, vegetables, and floriculture. In 2022, Florida ranked first in the U.S. in the production value of bell peppers (US$262 million), floriculture (US$1.16 billion), foliage plants for indoor use (US$481 million), Valencia oranges (US$289 million), grapefruit (US$706 million), sugarcane (US$752 million), fresh market tomatoes (US$323 million) and watermelons (US$216 million). Florida ranked second in the U.S. in production value for all oranges (US$491 million), strawberries (US$511 million), and sweet corn (US$124 million).(1)

TerraSanteTM for Soil and Ecological Health

MustGrow's soil amendment and biofertility development programs focus on soil and soil microbiome health, nutrient and water use efficiencies, and plant yields. Soil is a farmer's most valuable asset, and MustGrow's mustard plant-based technologies are being developed with the intention to improve not only the health of the soil, but also the surrounding ecological environment.

As an organic biofertilizer in soluble mixable form, TerraSanteTM contains nutritious plant proteins and carbohydrates that feed the soil and soil microbes, potentially improving beneficial microbial activity and ensuring long-term sustainable soil health. These targeted micro-communities have been shown to work to improve nutrient availability, which can potentially increase plant vigor and yields, while reducing plant stress. TerraSanteTM has the potential to improve crop nutrient uptake and, hence, overall crop performance. There are no artificial additives or preservatives used during its manufacturing.

To learn more about TerraSanteTM, visit www.mustgrow.ca.

Source:
1) Florida Agriculture Overview and Statistics / Agriculture Industry / Home - Florida Department of Agriculture & Consumer Services (fdacs.gov)

About MustGrow

MustGrow is an agriculture biotech company developing organic biocontrol and biofertility products by harnessing the natural defense mechanism and organic materials of the mustard plant to sustainably protect the global food supply and help farmers feed the world. MustGrow and its leading global partners -- Bayer, Janssen PMP (pharmaceutical division of Johnson & Johnson), Sumitomo Corporation, and Univar Solutions' NexusBioAg -- are developing mustard-based organic solutions for applications in biocontrol to potentially replace harmful synthetic chemicals in preplant soil treatment and weed control, to postharvest disease control and food preservation. Bayer has a commercial agreement to develop and commercialize MustGrow's biocontrol soil applications in Europe, Africa, and the Middle East. Concurrently, with new formulations derived from food-grade mustard, the Company is pursuing the adoption and use of its Organic Materials Review Institute (OMRI Listed®) and California's Organic Input Material (OIM) Program registered biofertility product, TerraSanteTM, in key U.S. states including California. Over 150 independent tests have been completed, validating MustGrow's safe and effective approach to crop and food protection and yield enhancements. Pending regulatory approval, MustGrow's patented liquid technologies could be applied through injection, standard drip or spray equipment, improving functionality and performance features. MustGrow has approximately 51.6 million basic common shares issued and outstanding and 55.7 million shares fully diluted. For further details, please visit www.mustgrow.ca.

Contact Information

Corey Giasson
Director & CEO
Phone: +1-306-668-2652
info@mustgrow.ca

MustGrow Forward-Looking Statements

Certain statements included in this news release constitute "forward-looking statements" which involve known and unknown risks, uncertainties and other factors that may affect the results, performance or achievements of MustGrow.

Generally, forward-looking information can be identified by the use of forward-looking terminology such as "plans", "expects", "is expected", "budget", "estimates", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "would", "might", "occur" or "be achieved". Examples of forward-looking statements in this news release include, among others, statements MustGrow makes regarding: its commercialization strategy; its continuing efforts towards further state-level registrations; TerraSanteTM ability to improve beneficial microbial activity; the ability of TerraSanteTM to increase plant vigor and yields; and the ability of TerraSanteTM to improve crop nutrient uptake. Forward-looking statements are subject to a number of risks and uncertainties that may cause the actual results of MustGrow to differ materially from those discussed in such forward-looking statements, and even if such actual results are realized or substantially realized, there can be no assurance that they will have the expected consequences to, or effects on, MustGrow. Important factors that could cause MustGrow's actual results and financial condition to differ materially from those indicated in the forward-looking statements include market receptivity to investor relations activities as well as those risks described in more detail in MustGrow's Annual Information Form for the year ended December 31, 2023 and other continuous disclosure documents filed by MustGrow with the applicable securities regulatory authorities which are available on SEDAR+ at www.sedarplus.ca. Readers are referred to such documents for more detailed information about MustGrow, which is subject to the qualifications, assumptions and notes set forth therein.

This release does not constitute an offer for sale of, nor a solicitation for offers to buy, any securities in the United States.

Neither the TSXV, nor their Regulation Services Provider (as that term is defined in the policies of the TSXV), nor the OTC Markets has approved the contents of this release or accepts responsibility for the adequacy or accuracy of this release.

© 2024 MustGrow Biologics Corp. All rights reserved.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/222877

FAQ

What is MustGrow's new product TerraSanteTM?

TerraSanteTM is an organic biofertility product aimed at improving soil health, nutrient and water use efficiencies, and plant yields.

What recent regulatory approval did MustGrow receive?

MustGrow received approval from the Florida Department of Agriculture to sell TerraSanteTM in Florida.

What are the potential benefits of TerraSanteTM for farmers?

TerraSanteTM aims to improve soil and soil microbiome health, enhance nutrient availability, increase plant vigor and yields, and reduce plant stress.

How widespread is TerraSanteTM's Organic OMRI Listed® certification?

TerraSanteTM is already certified in Arizona, Idaho, Oregon, and Washington State, with plans for further state-level registrations.

What is the significance of Florida's agricultural landscape for MustGrow?

Florida hosts 47,300 farms and 9.7 million acres of agricultural land, offering a large market for TerraSanteTM.

MUSTGROW BIOLOGICS CORP

OTC:MGROF

MGROF Rankings

MGROF Latest News

MGROF Stock Data

75.91M
44.31M
10.78%
Agricultural Inputs
Basic Materials
Link
United States of America
Saskatoon