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MustGrow advances its mustard plant-based technology pipelineqrcode

Mar. 3, 2022

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Mar. 3, 2022

MustGrow Biologics Corp. (CSE: MGRO) (OTC: MGROF) (FRA: 0C0) (the “Company“, “MustGrow“), provides an update of its organic mustard plant-derived crop protection technology pipeline.  MustGrow has harnessed the mustard seed’s natural defense mechanism for treatment of diseases, pests, and weeds.

MustGrow’s Crop Protection and Food Preservation Programs:

PRODUCT

TARGET

PARTNER

MARKET

STAGE

Preplant Soil Biopesticide

Soil-borne diseases & pests




All Crops – Fruits & Veg, Potatoes, Broad Acre, Turf & Ornamentals, etc.

Fusarium, Botrytis, Verticillium, Rhizoctonia, Pythium, Phytophthora, Sclerotinia, Nematodes, etc.

Sumitomo Corporation (Americas – excluding turf & ornamentals)

Bayer (RoW – excluding turf & ornamentals)

US$1.3B est global market in Fruit & Veg

U.S. EPA registration in process for multiple crops

Bananas 

Fusarium wilt TR4

Sumitomo Corporation (Americas)

US$18B est global loss 

Advanced / Field

Canola

Clubroot (Plasmodiophora brassicae)

NexusBioAg (Univar)

C$500M est economic loss in Canada 

Advanced / Field

Pulse Crops

Aphanomyces

NexusBioAg (Univar)

C$100M est economic loss in Canada 

Advanced / Field

Bioherbicide

Weeds

Sumitomo Corporation (Americas)

Bayer (RoW)

US$35B est global market 

Development / Field

Storage: Potato, Fruit & Vegetable*

Sprouting, diseases & pests

Sumitomo Corporation (Americas – potatoes and bananas only)

Bayer (RoW – potatoes only)

US$250M est global market

Development / Storage Facilities

Storage: Bulk Grain*

Mycotoxin & insects

TBD

US$15B est global loss

Proof-of-Concept

Storage: Shipping Containers*

Diseases & pests

TBD

US$2B est global market 

Proof-of-Concept

Food-Borne Pathogens*

E.coli, Salmonella, Listeria, Staphylococcus

TBD

US$15B est global market

Proof-of-Concept

Table Source: Globenewire, 3rd Party Ag Market Research, MustGrow estimates.

*Literature shows AITC has application in these areas.


Recent Program Advancements:
———
Successful Postharvest Applications in Stored Potatoes
Feb. 9, 2022

MustGrow reported successful postharvest results in both Fusarium dry rot disease control and sprout suppression, outperforming leading synthetic chemical standards.  No combination treatment products currently exist that address both disease and sprouting.


Exhibit 1: Quartered potatoes photographed after 5 weeks.  Dark patches represent Fusarium dry rot.

QQ截图20220303111300.jpg

Exhibit 2: Potato sprouts photographed after 5 weeks

QQ截图20220303111308.jpg

———

Bayer Exclusive Agreement in Europe, Asia Pacific, Middle East and Africa
Jan. 21, 2022

Exclusive agreement with Bayer to evaluate MustGrow’s technologies to determine commercial potential for preplant soil fumigation, bioherbicide applications and postharvest food preservation of potatoes including sprout inhibition.  Bayer is funding and driving all laboratory, field development, regulatory work and market development.

———

Sumitomo Corporation Program Expansion and Successful US Field Trials
Dec. 14, 2021

Successful US field trials were reported in cotton, soybeans and cucurbits, with MustGrow’s technology showing efficacy comparable to synthetic chemical standards.  Sumitomo Corporation has expanded the  program development into Mexico, Peru and Chile, with a joint regulatory strategy being implemented across the Americas.

———

Successful Banana Field Trials in Colombia with Transition to Sumitomo Corporation
Nov 10, 2021

Field data confirmed reduced incidence and severity of Fusarium wilt TR4 symptoms in banana plants with no damage or phytotoxic effects on banana plants.  The Colombia banana program has transitioned, with Sumitomo Corporation now driving development and regulatory work necessary for commercialization.

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