TORONTO, ON / ACCESSWIRE / March 16, 2021 / Toronto based CO2 GRO Inc. ("GROW") (TSXV:GROW)(OTCQB:BLONF)(Frankfurt:4021) is pleased to announce that it has sold a CO2 Delivery Solutions™ system to a Canadian Cannabis Licensed Producer ("LP") for a facility of approximately 20,000 square feet.
This CO2 Delivery Solutions™ system sale is a direct commercial installation without a feasibility after the customer reviewed past data and references from current users. CO2 Delivery Solutions™ has been demonstrated to significantly increase cannabis yields comprised of faster plant growth for more harvest turns, more bud yield per harvest, Perimeter Protection™ to protect the plants against the spread of powdery mildew and associated crop losses, and to significantly lower CO2 gas and energy usage resulting in a lower carbon footprint and overall lower cost per gram of cannabis produced.
The 2021 Canadian Cannabis LP Market
Health Canada's website lists 613 LPs of which about 100 are micro-cultivators. With increased competition and lower margins, growers are now paying more attention to reducing overall production costs per gram and producing a higher quality product in an environmentally sustainable manner. This had led to more interest in CO2 Delivery Solutions™ as the technology offers all of the above benefits resulting in greater profitability for growers.
GROW's VP Sales & Strategic Alliances, Aaron Archibald commented, "We are very pleased that this CO2 Delivery Solutions™ sale was achieved from a customer who contacted us based on our growing reputation in the industry. The customer has decided to install the technology throughout their grow rooms without an initial feasibility. We continue to drive our marketing and sales activities and are pleased with the increasing number of commercial feasibilities and CO2 Delivery Solutions™ sales