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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 carbon dioxide (CO2) delivery solutions to the global protected agricultural sector. Its patented technology provides the service of C-stainable crop production and pathogen perimeter protection for healthier crops by enriching plants with CO2 via an aqueous CO2 microfilm on the leaf surface. About... see more

TSXV:GROW - Post Discussion

CO2 GRO Inc > NEWS
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Post by cashmein on Dec 15, 2020 8:57am

NEWS

TORONTO, ON / ACCESSWIRE / December 15, 2020 / Toronto based CO2GRO Inc. ("GROW") (TSX-V:GROW, OTCQB:BLONF, Frankfurt:4021) is pleased to announce that it has sold a third CO2 Delivery Solutions™ Commercial Installation to an Ottawa, Ontario based licensed cultivator. The customer chose to forego a commercial feasibility and based the purchase on GROW's previous plant science data.

GROW's customer commented, "According to my return-on-investment criteria of a one-year payback, a mere 7% increase in yield justified purchasing the system."

According to Aaron Archibald, GROW's VP Sales, "We have now sold our third straight-to-Commercial Installations' of a CO2 Delivery Solutions™ system in Canada. The customers return-on-investment criteria of a 7% yield increase indicates the power of CO2 Delivery Solutions™ to deliver good value to customers at crop value increases below the average 30% our scientific data demonstrates. With our current feasibilities beginning to show strong results, we are able to share this data with potential customers of whom three have decided to purchase the systems without the need for a commercial feasibility."

Comment by jboom70 on Dec 15, 2020 6:46pm
Why are they hiding who bought the system? I assume it's a mj producer but even that's not clear. We don't even know the size of the grower.  Always been frustrated with clearity from Gro. Things hidden are hidden for a reason in my experience. Once this covid is over they should do much better with sales, can't be easy selling in this enviorment.
Comment by lscfa on Dec 15, 2020 6:58pm
My guess is "licensed cultivator" means small vs "licensed producer" which means large.    
Comment by SmilingDog on Dec 16, 2020 9:26am
Co2 would have loved to name who the client was, but its common for companies to want to remain anonymous. For whatever reason, sometimes competitive.