MustGrow Signs Exclusive Distribution Agreement with G.S. Long Co., Inc. for TerraSanteᵀᴹ Biofertility Product

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04 May 2024, Canada: MustGrow Biologics Corp. (TSXV:MGRO) (OTC:MGROF) (FRA:0C0) (the “Company” or “MustGrow”) is pleased to announce an exclusive distribution agreement (the “Agreement”) with G.S. Long Co., Inc. (“G.S. Long Company”) for MustGrow’s TerraSante™ biofertility product in Oregon and Washington State.

TerraSante™ is organic certified via the USDA National Organic Program (OMRI Listed®) and focuses on soil microbiome health, nutrient/water use efficiencies, and plant yields. The Agreement represents a key milestone of MustGrow’s commercialization strategy with Oregon-based Bio Ag Product Strategies to develop and commercialize MustGrow’s soil amendment and biofertility technologies, including TerraSante™.

G.S. Long Company (website) is a family-owned and operated agricultural chemical and fertilizer retailer headquartered in Central Washington with additional branches located in both Washington and Oregon State, and with deep crop consultant capabilities representing generational grower relationships. They have over 40 state-licensed Crop Advisors providing a variety of full-service consulting to its farming customers, including: conventional, IPM and organic consulting, pest and disease monitoring, recommendations for control and management, soil & crop nutrition, crop load management and quality, soil and leaf analysis, regulatory and market industry compliance, as well as offering a number of continuing education events for the agricultural industry.

Sales of MustGrow’s mustard plant-derived organic biofertility product TerraSante™ in both Oregon and Washington State will be authorized under MustGrow’s existing product registrations. In addition to Oregon and Washington State, MustGrow expects to continue its efforts towards further state-level registrations in other pertinent U.S. states.

MustGrow’s TerraSante™ product complements the Company’s existing biocontrol programs in preplant soil fumigation, postharvest food preservation, and bioherbicide, which are currently under development with four global partners: Bayer, Sumitomo Corporation, Janssen PMP, and NexusBioAg.

The Market Opportunity in Oregon and Washington State

In 2021, Oregon recorded $5.0 billion USD in agriculture production on 16 million acres of farmland and contributed $2.6 billion USD in agriculture exports.™ Agriculture plays a critical role in the state’s economy, generating 13% of the state’s gross product and $30 billion USD in wages.™ Oregon farmers grow a wide variety of fruits and vegetables, including potatoes, tomatoes, strawberries, wine-making grapes, cherries, pears, and apples. Oregon farmers are regarded for their innovative commitment to sustainable agriculture with a rising trend toward organic and sustainable farming practices.(2) MustGrow believes its organic TerraSante™ product will position Oregon farmers to meet increasing demand for organic, local, and healthy produce.

In 2019, Washington State agriculture production totaled $9.49 billion USD. Washington State’s rich soils, diverse climates, and large-scale irrigation nurtures production of over 300 different crops in one of the world’s most productive agricultural regions. For example, Washington State is the nation’s largest producer of apples, blueberries, hops, pears, spearmint oil, and sweet cherries; and the number two producer of apricots, asparagus, dry onions, grapes, potatoes, raspberries, and winter wheat. Organic acres total 105,660, representing $652 million USD in total farm gate sales, with another 7,824 acres in certified organic transition.(3)

TerraSante™ for Soil and Ecological Health

MustGrow’s soil amendment and biofertility development programs focus on soil microbiome health, nutrient and water use efficiencies, and plant yields. Soil is a farmer’s most valuable asset, and MustGrow’s mustard plant-based technologies are being developed with the intention to improve not only the health of the soil, but also the surrounding ecological environment.

As an organic biofertilizer in soluble mixable form, TerraSante™ contains nutritious plant proteins and carbohydrates that feed soil microbes, potentially improving beneficial microbial activity and ensuring long-term sustainable soil health. These targeted micro-communities have been shown to improve nutrient availability, which can potentially increase plant vigor and yields, while reducing plant stress. TerraSante™ has the potential to improve crop nutrient uptake and, hence, overall crop performance. There are no artificial additives or preservatives used during its manufacturing.

Also Read: PAU Registers First Biocontrol Agent for Foot Rot Disease Management in Basmati Paddy

(For Latest Agriculture News & Updates, follow Krishak Jagat on Google News)

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