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BioLife Science Inc. (OTC: BLFE) isoffering investors an opportunity in the soaring $2.4 billion US homegardening market. It has set a Q1 release of a prototype of itshigh-technology copper-infused fabric growing pot.
This is a quick-growing sector. Homegardeners multiplied during the pandemic and have never lookedback.
The $10.8 Billion CannabisConnection
Cannabis cultivatorsalready like fabric pots. Cannabis is a $10.8 billion market growingat a CAGR of almost 15%, according to Grand View Research.
BLFE's cutting-edge home gardeninginnovation offers investors a catalytic alternative in this category.Here’s why:
- Copper ions are antimicrobial and proven tokill some 99.99% of harmful bacteria and viruses. Copper also resultsin healthier plants and larger yields. Fabric pots are gaining inpopularity among consumers in home horticulture. Fabric pots arealready especially popular with commercial cannabiscultivators.
- Research from The Freedonia Group estimates theUS home gardening market at $2.4 billion. The pandemic lockdown fueledgrowth in home vegetable growing — with as many as 26% adultsparticipating.
- Freedonia also predicts that this surgingmarket will remain elevated above pre-pandemic levels through 2024.
- BLFE’s copper-infused fabric pots offer high-technologyplant protection and yields compared to standard pots made from glazedceramics, plastics, terra cotta and other materials.
- BLFEoffers investors a chance to participate in the growth of the homehorticulture sector as it plans to debut more cutting-edge technologyto disrupt this multi-billion dollar market.
BLFE Commercializes Products InMultiple Revenue Streams
BioLifealso plans to continue to develop new leading edge microbialtechnologies from the lab or small scale production in the future. Itsgoal is to disrupt industries with commercialized products. Itsrevenue streams include licensing and distributing the products itcreates.
CONCLUSION
Investors might consider BioLife as ahigh-tech company seeking to disrupt growth industries. It spent morethan one year developing the copper-infused fabric pot as analternative in the fast-growing multi-billion dollar home gardeningindustry. The prototype pot is environmentally sustainable. BLFEoffers multiple revenue streams. It is also strengthening itspositioning in the cannabis sector. Last year, BLFE launched its firstline of cannabinoid consumer products. This is a high-technologycompany worth watching for its innovation in quick-growth industries.
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