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CO2 Gro Inc
Symbol GROW
Shares Issued 67,651,004
Close 2019-09-17 C$ 0.25
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CO2 Gro begins first CO2 demonstration project

2019-09-18 09:00 ET - News Release

Mr. John Archibald reports


CO2 Gro Inc. has begun its first commercial demonstration project of its CO2 Delivery Solutions with a Canadian floriculture operation in the Niagara region. The demonstration is being conducted at the customer's commercial greenhouse with the goal of demonstrating more developed root systems in young plants, more flowering, accelerated growth time and the positive effects on common pathogens on a number of flower varieties. The customer has a total greenhouse capacity of over 500,000 square feet in Canada.

The Canadian floriculture greenhouse market is over 30 million square feet (Flowers Canada Growers Inc.). This represents a substantial market for the application of CO2 Delivery Solutions as the vast majority of these floriculture greenhouses cannot gas their facilities with CO2 due to ventilation requirements.

CO2 Gro CEO John Archibald commented: "CO2 Delivery Solutions adds value to all plants and we are pleased to add the floriculture market to our portfolio of clientele. In terms of square footage, the greenhouse floriculture market in Canada is substantial. We have now begun gaining traction with major players in this market and look forward to quickly establishing ourselves through commercial demonstrations followed by commercial installations throughout their facilities."

About CO2 GRO Inc.

The company's mission is to accelerate all indoor and outdoor value plant growth naturally, safely and economically using its patented advanced CO2 Delivery Solutions technology. Its global target plant markets are retail food at $8-trillion per year (Plunkett, March, 2017) and retail non-food at an estimated $1.2-trillion per year with retail tobacco at $760-billion (BA Tobacco estimate), floriculture at $100-billion by 2022 (MarketResearch estimate), legal cannabis at $52.5-billion per year by 2022 (Statista), and legal U.S. cannabis and hemp cannabidiol at $22-billion per year by 2022 (the Brightfield Group).

The company's CO2 Delivery Solutions are commercially proven, scalable and easily adopted into existing irrigation systems.

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