Canadian Zeolite Signs Memorandum of Understanding with California Grower and Distributor
Canadian Zeolite Signs Memorandum of Understanding with California Grower and Distributor
Vancouver, British Columbia (FSCwire) - Canadian Zeolite Corp. (the “Company”) (TSX.V: CNZ) (OTCQB: CNZCF) (FSE: ZEON) is pleased to announce it has reached a Memorandum of Understanding (MOU) with a California based grower and distributor of avocados and citrus products. Under the terms of the MOU Canadian Zeolite will supply the grower with zeolite and specifically developed zeoponics and zeolitic substrates to be used as growing mediums to enhance the overall health of the plants while also significantly reducing the amount of water consumption.
The California Avocado Commission states,“Irrigation is critical to avocado trees because they do not search for water and the roots are only in the top six inches of soil under the canopy. This top six inches of soil has a tendency to dry out and can stress the tree because healthy avocado trees need moist soil.” One of the key benefits of zeolite is the ability to absorb water and slowly release it to the root of a plant as needed.
Ray Paquette, CEO, Canadian Zeolite said, “we are very proud to have established a relationship with a prominent member of the California agricultural industry. This MOU is a great first step in moving the parties forward to defining the terms for a formal Distribution Agreement. This opens another market for the Company's zeolite as we continue to focus on increasing sales and product development.”