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Bullboard - Stock Discussion Forum CO2 GRO Inc V.GROW

Alternate Symbol(s):  BLONF

CO2 GRO Inc. is a Canada-based precision ag-tech company. The Company is focused on delivering CO2 Delivery Solutions to the global protected agricultural sector. Its patented technology helps growers increase crop yields and profits by enhancing plant growth, resilience, quality and water-use efficiency through aqueous CO2 misting. It is fostering sustainable agriculture practices and reducing... see more

TSXV:GROW - Post Discussion

CO2 GRO Inc > CO2 Gro 2020 Results
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Post by BattleshipBG on May 26, 2021 12:41pm

CO2 Gro 2020 Results

Finally got around to finishing my 2020 post.

I went through each feasability. There were some I had forgotten about.

2020 was a year of progress but also a year of delays. I hope management has learned from these delays and knows how to avoid them in the future.

VP Aaron Archibald has said they want to be cash-flow positive in 2021. I think they need to close the Hidroexpo deal to achieve this. The trial ends at the end of June and GROW has already reported a 20% increase in yield and positive comments from Hidroexpo.

They have some big growers trialling their tech. If they can get some deals done in 2021 I think we see broader industry adoption. Fingers crossed anyway.

https://battleshipinvesting.com/co2-gro-2020-results/
Comment by TheRainman on May 26, 2021 2:51pm
Great job as always BG . Thank you for your unbiased assessment. I know the management team reads your though thoughts as well. As well they should.
Comment by FullCurl on May 27, 2021 11:26am
Thank you for the efforts in summarizing a great review.  It seems that a lot of the companies delays related to goals have either been directly or indirectly a result of Covid restrictions, which is somewhat understandable. Hopefully the company has learned from those setbacks, and can adjust their approach accordingly. They are definitely on a profitable trajectory, and I am excited for ...more  
Comment by Hooveson on May 27, 2021 6:12pm
Thank-you, Blair. Your nuanced, quarterly assessments have become something I look forward to following GROW's fillings, each time. Excellent work as usual. I agree that mgmt has often been opaque, leaning on frivolous excuses for failed deals/targets. Or sometimes they're just silent. That said, COVID has thrown a spanner in the works for everyone. Under the circumstances CO2GRO has ...more  
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