About MustGrow
Investor Info
TSXV: MGRO | OTCQB: MGROF | FRA: 0C0
About MustGrow
MustGrow is an agriculture biotechnology company focused on the development and commercialization of natural biological products and technologies from mustard for sustainable agriculture. The objective of these products and technologies are for use as an alternative to banned/restricted synthetic chemicals and fertilizers, for use in organic agriculture, and to help improve soil health.
Global Synthetic chemistries and fertilizers are being banned/restricted
- Consumers are demanding food that is healthy, natural and safe.
- 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.
- Producers want to use safe products to protect their crops and maximize yields, but they need to work.
- This is all with a growing global population that will need a safe and environmentally sustainable food supply being produced on a finite amount of arable land.
100% owned patented Mustard-Derived technology
- Soil Biocontrol for treatment of soil-borne pests and diseases in multiple crops such as fruit & vegetables.
- Biofertility product that provides rich vegetable proteins and nutrients that feed the plant while also stimulating beneficial microbial activity.
- Other IP Generation such as for weeds, nematodes, postharvest potato sprouting and disease, and animal and human health.
Commercial Partnership with Bayer
- MustGrow’s partnership strategy has been to start with exclusive R&D collaboration agreements to allow our partners to work with our technology.
- After approximately a year-and-a-half of R&D testing, MustGrow signed Commercial License Agreement with Bayer in December 2023 for MustGrow’s preplant biocontrol technologies with exclusively 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 hopes that there is many more commercial agreements to come.
- In May 2024, MustGrow signed an exclusive distribution agreement with G.S. Long Co., Inc. for TerraSante™ Biofertility Product in Oregon and Washington State.
Tight capital structure
- 51.6 million basic shares outstanding.
- 55.7 million shares fully diluted.
- Insiders and advisors own approximately 21%.
- Cash position of C$3.1 million of November 2024.
SALES HAVE STARTED
- TerraSante™ sales have started in the US, with initial sales ramp-up is slated to start in 2025-2026.
- TerraSante™, is an organically registered biofertility product in the key fruit & vegetable growing states including California.
- In the registered states other than California, it is an USDA National Organic Program (OMRI Listed®) in the following Generic Material Listing(s): NOP: Plant Extracts, Class: Crop Fertilizers and Soil Amendments.
- In California, it has organic certification from California’s Organic Input Material (OIM) Program, a specific California requirement beyond MustGrow’s existing Organic OMRI Listed® certifications.
We set out to add value through
Biocontrol Technologies
Plants from the Brassica species, which musard is apart of, contain an organosulfur compound allyl isothiocyanate (AITC). AITC forms part of the plant’s natural defense system against pests and diseases and is also responsible for the hot and spicy taste associated with these plants. Our innovative platform allows us to efficiently and effectively extract the compounds that form AITC and bring them back together for broad-based use in agricultural as a biopesticide and biofumigant. In additon, we have extracted as second compound from the mustard seed, ionic thiocyanate (SCN-), which has systemic bioherbicide (weed killing) properties.
Biofertility Product
The biofertility technology, TerraSante™ in wettable powder form, contains nutritious plant proteins and carbohydrates that feed soil microbes, improving long-term sustainable soil health.
MustGrow’s Solution
MustGrow has developed novel and proprietary solutions that utilize components of the mustard seed to provide high quality disease, pests and weed control, and in addition, nutritious plant proteins and carbohydrates that feed soil microbes, thereby potentially improving long-term soil health. Our technology is truly a platform agriculture technology that is organic, natural and sustainable, and provides benefits to the grower, environment and consumer in multiple markets globally.