Investor material 4th Qtr, Investors pls read Pg 24 TobaccoFrom Page 24 of 4th quarter
"We have identified 15 Biopharma companies to date in North America that commercially grow their drugs and vaccines inside mostly tobacco or other natural plants. Canada’s most prominent medical tobacco grower is Quebec City area based Medicago. They are building perhaps the most expensive greenhouse ever built for $245M. They refer to their new 44,000 M3 greenhouse (500K square ft.) as a biotech complex. It is based on growing GM tobacco leaves to 17 days before harvesting."
"Chicken egg flu vaccines are Medicago’s replacement target with their plant-based vaccines. Chicken egg flu vaccine success varies from 10% (Australia 2017 and North America 2017-2018) to typically only 60% effective. This is due to the annual guess by the Disease Control Centers six months prior to the actual flu season of which strain(s) will be most active. Medicago can react more accurately in six weeks to the actual strain that develops."
"The potential vaccine and drug value increase using 100% pure dissolved CO2 gas naturally and organically via a CO2 Delivery Solution will vary by company.
We estimate it will be multiples of the value per square foot for growing cannabis if we get similar medicine yield improvements to the additional leaf biomass we are creating."
Note that a $245M greenhouse that is only for 500K square feet (5X the cost of a cannabis greenhouse) means that if Grow can show a faster growth rate of 40% - that equals a $100M expansion for zero cost.
They still have to prove out the efficacy of a faster growing tobacco plant leads to more vaccine/cancer drugs but IMO this has huge potential for significant industry interest and revenue initially right here in Canada and worldwide.
GLTAL.