Oct. 17, 2019
EarthRenew Inc. (ERTH.CN) (“EarthRenew” or the “Company”) announces that it has received additional approvals for the use of its fertilizer products.
The EarthRenew fertilizer formulations have been granted the required approvals under the California Fertilizing Materials Law and Regulations and USDA National Organic Program standards. These important U.S. product certifications mean that in future EarthRenew will be permitted to sell its organic fertilizer products in the sizeable California market.
The Company has also received approval from the Canadian Food Inspection Agency to market and sell its newly developed fertilizer formulation in Canada, which includes biochar. Biochar is a charcoal-like substance that is made by burning organic material from agricultural and forestry wastes (also called biomass) in a controlled process called pyrolysis. Mixing biochar in with the EarthRenew organic fertilizer pellet manages odour, helps retain nutrients and moisture in the soil and provides an additional source of carbon. This approval allows for the eventual sale of all EarthRenew organic fertilizer products across Canada once the Strathmore plant is in production.
CEO Keith Driver commented, “Successfully navigating these regulatory processes ensures EarthRenew has access to key markets for the distribution and sale of our fertilizer products across North America in the future. We will continue to work on the development of our organic fertilizer products to ensure that we meet the needs of organic farmers, home gardeners and landscapers. The addition of biochar provides a particular value-add for our products in the organic markets.”
The company continues to progress with the redevelopment of the fertilizer production facility at Strathmore, Alberta. This process is expected to include additional field trials with the revised formulations for 2020 and a redevelopment of the facility in time to deliver products for spring 2021.
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