Sustainable Plant-Based Biological Solutions
MustGrow is an agriculture biotechnology company focused on the development and commercialization of natural biological technologies and products from mustard seed for sustainable agriculture. The objective of these technologies is for use as an alternative to banned/restricted synthetic chemicals and fertilizers, for use in organic agriculture, and to help improve soil health.
Investor Info
TSXV: MGRO | OTCQB: MGROF | FRA: 0C0
Plant-based technology platform
MustGrow’s groundbreaking sustainable plant-based biotechnologies are derived from food-grade mustard seed and formulated into a natural organic biocontrol (preplant soil biofumigant, bioherbicide and postharvest food preservation) and biofertility products.
GAME CHANGING TECHNOLOGIES
Broad Applications
MustGrow’s technologies deliver superior pest and pathogen control in combination with plant growth and yield benefits available across a broad spectrum of high-value crops and other industries. We are working towards offering our novel solutions in a variety of applications including under biocontrol:
- Preplant soil biofumigant for treatment of soil borne diseases and insect pests;
- Bioherbicide to treat weeds for organic acres and home & garden; and
- Postharvest biopesticide for storage and food preservation.
We are also have an organic soil biofertility product under the brand name TerraSante™, and formulating potentially new biofertility technologies customized for particular soil applications (“Biofertility”).
Safe and effective products from nature
By focusing on the use of compounds provided by nature as the natural defence mechanism of the mustard plant and extracting for our specific uses, MustGrow biocontrol technology provides key disease, insect pest and weed management naturally. Our technologies are produced in nature and refined by us. They are natural and organic and free from synthetic chemicals and genetic modification.
Improved production of globally important crops
MustGrow’s technologies have been demonstrated and utilized on a commercial scale and have been proven to provide increased yield, growth and plant vigor whilst delivering nematode and disease control at levels comparable to those obtained from synthetic alternatives.
Rapid time to market
MustGrow’s discovery platform taps into the power of mustard seed to generate, test and commercialize products that improve plant health and yield. As MustGrow’s technologies typically utilize food ingredients that are recognized as safe with well defined and understood safety parameters and minimal concerns, regulatory approvals can be expedited and time to market is often accelerated as a result.
MustGrow Overview
Global synthetic chemistries are being banned or deregistered and need to be replaced
- Consumers are demanding food that is healthy, natural and safe.
- Producers want to use safe products to protect their crops and maximize yields, but they need those products to be effective.
- Regulatory agencies are significantly restricting or even banning synthetic chemistries and fertilizers. This leaves limited alternatives to increase food production for a growing global population.
- AgChem companies are actively investing in more sustainable natural technologies to replace or compliment synthetic chemicals and fertilizers.
- Sustainable farming practices are critical to feed a growing global population on a finite amount of land.
- Protecting the soil, the farmers most important asset, is vital not only for today but for future generations.
SALES TO COMMENCE ON TERRASANTE™
- In late, 2023 TerraSante™ was registered as a Biological Fertilizer in Washington State, USA and received receipt of organic compliance certification from the USDA National Organic Program (OMRI Listed®) in the following Generic Material Listing(s): NOP: Plant Extracts, Class: Crop Fertilizers and Soil Amendments.
- Washington State is the first of potentially many US fruit & vegetable growing state registrations for the TerraSante™ biofertility product with more to potentially come in 2024.
- With these registrations, MustGrow is hoping for initial sales to commence in 2024, with a ramp-up to peak market penetration in the US.
100% owned patented Mustard-Derived technology Platform
- Preplant Soil Biofumigant for treatment of soil-borne pests and diseases in multiple crops such as fruit & vegetables.
- Bioherbicide with a unique mode of action for potential use in organic acres, home & garden, and in jurisdictions where glyphosate is out of favour or banned.
- Postharvest Biopesticide for storage and food preservation.
Tight capital structure
- 51.6 million basic shares outstanding.
- 54.1 million shares fully diluted.
- Insiders and advisors own approximately 21% of total basic shares outstanding.
- Strong cash position of C$5.8 million as of April 2024.
COMMERCIAL PARTNERSHIPS
- MustGrow’s partnership strategy has been to start with exclusive R&D collaboration agreements to allow our partners to work with our technology.
- MustGrow has incorporated this strategy starting with NexusBioAg in Canada on Canadian canola and pulse crops; followed by Sumitomo Corporation in the Americas on preplant soil fumigation on fruit & vegetables; followed by Bayer in Europe, Middle East, Africa and Asia on preplant soil fumigation on fruit & vegetables; and then Janssen PMP globally on postharvest and food preservation of produce.
- Note that these exclusive R&D collaboration agreements are not commercial, and therefore, with success commercial agreements would need to be negotiated.
- On December 11, 2023, MustGrow was pleased to announce the signing of a Commercial License Agreement for MustGrow’s preplant biocontrol technologies with exclusively with Bayer in Europe, the Middle East and Africa.
- This is MustGrow’s first Commercial Licensing Agreement, and on a small portion of its global target applications and markets. MustGrow hope that there is many more commercial agreements to come.
OUR APPLICATIONS
MustGrow is developing natural, sustainable technologies for use in agriculture as an alternative to banned/restricted synthetic chemicals and fertilizers; for used in organic production; and for use to help improve overall soil health. These biological technologies include applications in the biocontrol, soil amendment and biofertility markets.
MustGrow News
MustGrow Biologics to Present at the Planet MicroCap Showcase
MustGrow Biologics to Present at the Planet MicroCap Showcase MustGrow Biologics to Present at the Planet MicroCap Showcase: VEGAS 2024 on Wednesday, May 1, 2024 & 1x1 Meetings on Thursday, May 2, 2024 SASKATOON, Saskatchewan, Canada, April 17, 2024 – MustGrow...
MustGrow Receives Registration Approval for TerraSanteᵀᴹ in Oregon
MustGrow Receives Registration Approval for TerraSante™ in Oregon MustGrow has received The State of Oregon Agriculture approval to commence sales of TerraSanteTM, an organic biofertility product, in Oregon. MustGrow’s recently-awarded organic compliance certification...
MustGrow Provides Additional Information and Clarification on Commercial License Agreement with Bayer
MustGrow Provides Additional Information and Clarification on Commercial License Agreement with Bayer SASKATOON, Canada, December 13, 2023 – MustGrow Biologics Corp. (TSXV:MGRO) (OTC:MGROF) (FRA:0C0) (“MustGrow”) wishes to provide additional information about the...