GROW:CC - Shares of Agritech Company Up On New Sales Contract

2023-06-20 10:50:12 ET

A multi-year Pay for Use model worth $800,000 has shares of this %Agritech company on the rise in Tuesday trade. The contract is expected to lead to a long-term partnership and the possibility of other large contracts.

%CO2GRO (TSXV: ) announced in a press release today its largest sales contract to-date with El Salvador-based greenhouse pepper grower Hidroexpo S.A. de C.V..

The company’s total sales contracts since inception are approximately CAD $2.1 million, a significant sales milestone. CO2 GRO Inc. is an innovative precision agri tech company focused on delivering CO2 Delivery Solutions to the global protected agricultural sector. The company’s patented technology helps growers increase crop yields and profits by enhancing plant growth, resilience, quality and water-use efficiency through aqueous CO2 misting. Shares were trading at $0.105 in morning trade.