Verde sells to cannabis and organic agriculture markets in the United States
2017年5月16日 - 9:55PM
Verde AgriTech (TSX:NPK) ("Verde” or the
“Company”) is pleased to announce that it has gone into production
and has concluded its first export of Super GreensandTM to the
United States’ cannabis and organic markets.
Super GreensandTM is a multi-nutrient product.
It is approved for organic agriculture, it has effectively no
salinity and no chloride.
Looking beyond its first export, the Company is
in advanced discussions with a leading United States based organic
agriculture supplier and distributor with which it expects to sign
an agreement in the coming weeks that will bolster and support the
Company’s presence in the cannabis and organic markets of the
United States.
High Value Crops sensitive to
salinity
In the United Sates, the Company will also
target high value crops sensitive to salinity that are currently
grown in areas suffering from high levels of soil salinity and
drought. The main target will be almonds grown in the Central
Valley of California1, where accumulated salinity reaches critical
levels. Almonds are classified as highly intolerant to
salinity2 and the target region is responsible for over 80% of
California's US$6.4 Billion3 production, though the region is
now being crippled by salinity and drought problems. Whereas
Verde’s Super GreensandTM salinity index is only 0.17%, the two
main sources of potash have very high salinity indexes: 116% for
potassium chloride and 46% for sulphate of potash.
“We are pleased to have American growers
adopting the benefits of Super GreensandTM and will work to expand
this growth market. Brazil will remain our primary focus and we
look forward to selling all our initial production in the coming
months,” Cristiano Veloso President & CEO declared.
________________1 USGS.
https://ca.water.usgs.gov/projects/central-valley/about-central-valley.html2 Groundwater
Salinity Impacting California Almonds
http://www.growingproduce.com/nuts/groundwater-salinity-impacting-california-almonds/3 AgMRC.
http://www.agmrc.org/commodities-products/nuts/almonds/
About Verde AgriTech
Verde AgriTech promotes sustainable and
profitable agriculture through the development of its Cerrado Verde
Project. Cerrado Verde, located in the heart of Brazil’s largest
agricultural market, is the source of a potassium-rich deposit from
which the Company intends to produce solutions for crop nutrition,
crop protection, soil improvement and increased sustainability.
For additional information please
contact:
Cristiano Veloso, President
& Chief Executive Officer
Tel: +55 (31) 3245 0205; Email:
cv@verdeagritech.com
www.verdeagritech.com
www.supergreensand.com
Cautionary Language and Forward Looking
Statements
Neither the TSX nor its regulation services
provider (as that term is defined in the policies of the TSX)
accepts responsibility for the adequacy or accuracy of this
release. This press release contains certain "forward
looking statements", which include but is not limited to,
statements with respect to the future financial or operating
performance of the company, its subsidiaries and its projects, and
statements regarding use of proceeds. Forward looking
statements can generally be identified by the use of words
such as "plans", "expects", or "does not expect" or "is
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"estimates" or variations of such words or phrases or state
that certain actions, event, or results "may", "could",
"would", "might", or "will be taken", "occur" or
"be achieved". Forward looking statements involve known and
unknown risks, uncertainties and other factors which may cause
the actual results, performance or achievements of the company
to be materially different from any future results,
performance or achievements expressed or implied by
said statements. There can be no assurances that
forward-looking statements will prove to be accurate, as
actual results and future events could differ materially from
those anticipated in said statements. Accordingly,
readers should not place undue reliance on forward-looking
statements.
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