- Clubroot is a devastating soil-borne disease causing premature death of canola crops – one of the more profitable crops for Canadian farmers.
- MustGrow’s independent studies have confirmed 100% control of similar soil-borne pathogens including, Fusarium, Rhizoctonia, and Pythium.
- More farmers are seeking ‘natural biological’ alternatives to ‘chemistry-based’ products, some of which are dangerous to human health.
MustGrow Biologics Corp. (CSE:MGRO, OTC:MGROF) (the “Company”, “MustGrow”), an agricultural biotech company developing and commercializing a portfolio of natural, science-based biological crop protection products, is pleased to announce the commencement of testing its patented mustard-derived bio-pesticide on clubroot (“Clubroot”), a disease pathogen destroying one of Canada’s more profitable crops at an alarming rate. Currently, no economical control measures can remove Clubroot from a field once infested, with some field infections leading to 100% crop loss.
While testing of MustGrow’s patented mustard-derived bio-pesticide has confirmed 100% control of soil-borne diseases & pathogens including Fusarium, Botrytis, Rhizoctonia, Pythium, Verticillium, Phytophthora, Sclerotinia, and Nematodes, further testing will determine if the same product will control emerging canola threat Clubroot. Study results and applicability will be patent-protected under MustGrow’s existing suite of issued patents.
MustGrow’s patented mustard-derived products have consistently demonstrated efficacious benefits similar to chemistry-based “chemical” products without the harmful safety profile often associated with these chemical products – in some cases 100% control of Root Knot Nematodes compared to chemistry-based products such as Methyl Bromide. The need for bio-pesticides and bio-herbicides is increasing as farmers, consumers and regulators seek ‘natural biological’ alternatives to synthetic chemical pesticides.
Clubroot: Devastating Canada’s Canola Crop (1)(2)
Clubroot is a serious soil-borne disease caused by a fungus-like protist called Plasmodiophora brassicae. Swellings or galls form on the roots of canola plants, which may ultimately cause premature death of the plant. Once a field is infested, there are no economical control measures currently available that can eradicate Clubroot, with some field infections leading to 100% crop loss.
Since 2003, thousands of infested fields have been identified across canola growing regions in Canada. Yield loss is dependent on many factors including time of infection, soil moisture, temperature, spore load, soil pH, soil texture, host genotype and pathogen pathotype. An early infection with favorable conditions and moderate to high spore loads can lead to 100% loss.
300 new cases of Clubroot have emerged in Alberta over the past year. University of Alberta researchers have identified 36 different pathotypes of the deadly disease and more alarmingly, some resistant varieties with high spore-loads are heavily infesting canola fields. The endemic disease is also spreading to areas of Alberta where Clubroot has not historically been an issue because the spores travel so easily. Many farmers are taking serious precautionary measures, including lengthening rotation of crops, seeking Clubroot-resistant varieties, and cleaning soil off between fields – all proactive techniques inversely impacting crop economics. Current measures cannot eradicate Clubroot completely, only intended to slow down the spread and reduce the incidence and severity of the disease. Practical, economic and effective solutions for large scale canola crops are still being investigated.
(1) Source: www.albertafarmexpress.ca
(2) Source: www.canolacouncil.org
MustGrow is a publicly traded (CSE: MGRO) (OTC: MGROF) agriculture biotech company focused on providing natural science-based biological solutions for high value crops, including fruits & vegetables. MustGrow has designed and owns a United States EPA-approved natural solution that uses the mustard seed’s natural defence mechanism to protect plants from pests and diseases. Over 110 independent tests have been completed, validating MustGrow’s safe and effective signature products. This product, in granule format, is EPA-approved across all key U.S. states as a bio-fertilizer and bio-pesticide (currently limited to a bio-fertilizer in California) and is designated by Health Canada’s PMRA (Pest Management Regulatory Agency) as a fruit & vegetable bio-pesticide and bio-fertilizer. MustGrow has now concentrated a liquid format that with regulatory approval, could be applied through standard drip or spray equipment, improving functionality and performance features.
The Company has approximately 37 million basic common shares issued and outstanding. For further details please visit www.mustgrow.ca.
ON BEHALF OF THE BOARD
Director & CEO
Certain statements included in this press release constitute “forward-looking statements” which involve known and unknown risks, uncertainties and other factors that may affect the results, performance or achievements of MustGrow.
Generally, forward-looking information can be identified by the use of forward-looking terminology such as “plans”, “expects”, “is expected”, “budget”, “estimates”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or statements that certain actions, events or results “may”, “could”, “would”, “might”, “occur” or “be achieved”.
Forward-looking statements are subject to a number of risks and uncertainties that may cause the actual results of MustGrow to differ materially from those discussed in such forward-looking statements, and even if such actual results are realized or substantially realized, there can be no assurance that they will have the expected consequences to, or effects on, MustGrow.
These risks are described in more detail in MustGrow’s Prospectus and other continuous disclosure documents filed by MustGrow with the applicable securities regulatory authorities and available at www.sedar.com. Readers are referred to such documents for more detailed information about MustGrow, which is subject to the qualifications, assumptions and notes set forth therein.
This release does not constitute an offer for sale of, nor a solicitation for offers to buy, any securities in the United States.
Neither the CSE nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.
In the evolving rush of mergers and acquisitions (M&A) in the Canadian cannabis market, Canopy Growth (NASDAQ:CGC,TSX:WEED) announced it will acquire The Supreme Cannabis Company (TSX:FIRE,OTCQX:SPRWF) in a deal worth approximately C$435 million.
Meanwhile, a cannabis operator in the US confirmed this week that it will receive a financial boost from a partner to solidify its position in the burgeoning Pennsylvania state market.
The Board of Directors of Aphria Unanimously Recommends Shareholders Vote “For” the Arrangement
Aphria to Host Special Meeting of Shareholders on Wednesday, April 14, 2021 to Approve Proposed Aphria-Tilray Business Combination
Love Hemp Group PLC (AQSE: LIFE) (OTCQB: WRHLF), one of the UK’s leading CBD and Hemp product suppliers, announces that as part of the equity fundraise announced yesterday, Antony Calamita and Andrew Male, Directors of the Company, subscribed for 285,714 Ordinary Shares and 1,428,571 Ordinary Shares respectively. The subscriptions are at a price of 3.5 pence per ordinary share for a total of £60,000. Following these subscriptions, Antony Calamita is now interested in 54,385,714 Ordinary Shares, representing 8.61% of the Company’s share capital as increased by the fundraising, and Andrew Male is now interested in 6,138,196 Ordinary Shares, representing 0.97% of the Company’s issued share capital as increased by the fundraising
Further, the timetable for receipt of applications under the Broker Option, which was also announced yesterday, has been extended until 5:00 pm 9 April 2021 to capture additional interest which was unable to be completed yesterday.
Revive Therapeutics Ltd. (“Revive” or the “Company”) (CSE: RVV, USA: RVVTF), a specialty life sciences company focused on the research and development of therapeutics for medical needs and rare disorders, would like to provide the following dial-in information for the Company’s upcoming Annual and Special Meeting (the “Meeting”) scheduled to be held at 11:00 a.m. Eastern Daylight Time on April 12, 2021. Shareholders and proxyholders may access the Meeting via teleconference by dialing 647-723-3984 or 1-866-365-4406 from Canada or the United States, then entering participation code “8487744” followed by the pound (“#”) sign.
In consideration of the COVID-19 pandemic and the recent restrictions imposed by the Ontario Provincial Government, shareholders and proxyholders will only be able to attend the Meeting via teleconference and will not be permitted to attend the Meeting in person at the address provided on the Notice of Annual and Special Meeting of Shareholders.
Gage Cannabis Announces Exclusive Partnership With Blue River to Bring Award-Winning Cannabis Extracts to Michigan
Gage Growth Corp. (“Gage” or the “Company”) (CSE:GAGE), a leading high-quality craft cannabis brand and operator in Michigan, announced today that it has signed an agreement with Blue River™ Extracts & Terpenes (“Blue River™”) to bring the brand’s award-winning solventless technology and other trademark branded products to the state’s medical patients and cannabis consumers. The Company will have exclusive rights to Blue River™’s premium product offerings in Michigan.