TSXV: MGRO | OTCQB: MGROF | FRA: 0C0

G.S. Long Company Partnership

WHAT:

  • TerraSanteTM is a biofertility product that is OMRI Listed Region: Currently registered in key U.S. states including California that grow high value fruits & vegetables

WHY:

  • There is a need for natural, organic fertility products to replace restricted synthetic fertilizers and help build the soil microbiome
  • TerraSanteTM provides plant proteins & carbohydrates to feed the soil microbiome & improve overall soil health

MARKET POTENTIAL EXAMPLE:

  • US has ~10 million acres of high value fruit & vegetable crops
  • Market Penetration: ~1.5% of total acreage
  • Estimated Value Opportunity at Peak: ~US$60 million/yr (retail level)

NEXT STEPS:

  • Other state biofertility registrations to come in 2024
  • Sales to start 2024 and ramp-up to peak sales is estimated over several years
  • Sales/Marketing Strategy:
    • Direct sales initially
    • Partnership potential for distribution or white labelling