CO2 GRO Inc. receives financial contribution from Canada’s CanExport program



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TORONTO, ON / ACCESSWIRE / October 12, 2021 / Toronto-based CO2 GRO Inc. (“TO GROW“) (TSXV: GROW) (OTCQB: BLONF) (Frankfurt: 4O21) is pleased to announce that GROW has successfully received funding from the Government of Canada, CanExport-PME Trade Commissioner Service program, to expand and diversify their international activities scope.

The current CanExport program is a financial contribution mechanism for Canadian small and medium-sized enterprises (SMEs) start-ups for international business development activities. The program focuses on export marketing activities of existing products and services in foreign markets. It is offered by the Canadian Trade Commissioner Service (TCS) Global Affairs Canada, in partnership with the Industrial Research Assistance Program of the National Research Council of Canada (NRC IRAP).

Aaron Archibald, Vice President of Sales and Strategic Alliances, said: “We are delighted to have been chosen by the CanExport program in competition with many other Canadian SMEs. of protected agriculture. We have worked with various trade commissioners around the world and will continue to do so as a core strategic initiative of our international expansion plans. We are grateful to the Trade Commissioner Service not only for providing this financial contribution, but also for its support in helping us penetrate global markets. “

Visit www.co2delivery.ca for more information on CO2 delivery solutions “or watch this video. To see the installation of a VCO2 system of CO2 delivery solutions, watch this video.

About CO2 GRO Inc. (CO2 GRO Inc.)
GROW’s proprietary CO2 delivery solutions technology revolutionizes the global 600 billion square foot protected agriculture industry (Cuesta Roble 2019). We create saturated CO2 solution which, when sprayed on plants, provides growers who cannot gas with CO2 the possibility of increasing plant yields up to 30% and profits up to 100%. Application of saturated CO2 also suppressed the development of pathogens such as E. coli and powdery mildew, helping to reduce crop losses. GROW’s CO2 delivery solutions are protected by a series of patents and pending patents.

The global market for GROW’s revolutionary technology for CO2 delivery solutions consists of 50 billion square feet of greenhouses and 550 billion square feet of protected agricultural facilities (Cuesta Roble 2019). Producers can maximize their income and profits thanks to the low fixed and variable costs of our systems and the ease of installation of the systems.

GROW management is rapidly expanding its international marketing partner relationships to Mexico, Spain, EU, UK, South Africa, Middle East, South East Asia and Latin America, as well than in its North American base.

GROW is committed to applying good environmental, social and governance (ES&G) policies and practices. We are an employer of choice and opportunity guaranteeing equal opportunities.

Our mission is to accelerate the growth of all value factories in a safe, economical, natural and sustainable manner using our patented advanced CO2 delivery solutions “while increasing value for our customers, stakeholders and shareholders.

Forward-looking statements
This press release contains statements that constitute “forward-looking information” within the meaning of applicable securities laws, including statements regarding the plans, intentions, beliefs and current expectations of the Company with respect to the business. future business. Forward-looking information is often identified by the words “could”, “could”, “could”, “should”, “should”, “intend”, “plan”, “anticipate”, “believe”, ” estimate ”,“ expect ”or similar expressions and include information concerning: statements concerning the future direction of the Company; the Company’s ability to successfully achieve its business and financial objectives; the expansion plans and the ability of the Company to obtain, develop and promote its business relationships; and expectations regarding other economic, business and / or competitive factors. Investors are cautioned that forward-looking information is not based on historical facts but rather reflects the expectations, estimates or projections of the management of the company regarding the activities of the future results or events of the company based on opinions, assumptions and estimates that management considered to be reasonable on the date the statements are made. These assumptions include, but are not limited to: general business and economic conditions; the Company’s ability to successfully execute its plans and intentions; the availability of financing on reasonable terms; the Company’s ability to attract and retain qualified personnel; competition in the market; the products and technologies offered by the Company’s competitors; and that good relations with trading partners will be maintained. Although the Company believes that the expectations reflected in this forward-looking information are reasonable, such information involves risks and uncertainties, and such information should not be relied upon because unknown or unforeseeable factors could have material adverse effects on the Company. future results, performance or achievements. Key factors that could cause actual results to differ materially from those projected in the forward-looking information include: changes in economic, business and general policy conditions, including changes in financial markets; in particular, in the Company’s ability to raise debts and equity for the amounts and at the costs it expects; adverse changes in applicable laws or adverse changes in the application or enforcement of applicable laws; the biotechnology industry and greenhouse market are highly competitive, and technical advancements in the industry will impact the success of the Company, as well as other risks described in Company documents available at www.sedar.com. If one or more of these risks or uncertainties materialize, or if the assumptions underlying the forward-looking information turn out to be incorrect, actual results may differ materially from those described herein as intended, planned, anticipated, believed, estimated or expected. Although the Company has attempted to identify risks, uncertainties and important factors that could cause actual results to differ materially, there may be others that could cause results not to be as anticipated. , estimated or planned. The Company does not intend and assumes no obligation to update this forward-looking information, except as required by applicable law.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

For more information, please visit www.co2gro.ca or contact Michael O’Connor, Director, Investor Relations at 604-317-6197 or [email protected]

THE SOURCE: CO2 Gro inc.

See the source version on accesswire.com:
https://www.accesswire.com/667648/CO2-GRO-Inc-Awarded-a-Financial-Contribution-from-Canadas-CanExport-Program


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