CO2 GRO Inc. is Pleased to Announce the Sale of a CO2 Delivery Solutions(TM) Commercial System to An Ontario ACMPR Cannabis Producer

The CO2 Delivery Solutions(TM) Commercial System Purchase Decision Was Based on Previous GROW Plant Science Data and a Customer Recommendation

TORONTO, ON / ACCESSWIRE / November 2, 2020 / Toronto based CO2GRO Inc. (“GROW“) (TSX-V:GROW)(OTCQB:BLONF)(Frankfurt:4021) is pleased to announce that it has sold a CO2 Delivery Solutions™ system at an Ontario Access to Cannabis For Medical Purposes (“ACMPR”) cannabis producer. The customer chose to forego a Commercial Feasibility and based the purchase on GROW’s previous plant science data and a customer recommendation.

GROW’s customer commented, “I was introduced to CO2 Delivery Solutions™ through a colleague who tested the GROW CO2 system this summer. After connecting with the GROW team and reading through their plant science data, I decided to purchase a commercial system for my indoor cannabis facility and am looking forward to seeing the results firsthand.”

According to John Archibald, GROW’s CEO, “We are pleased to have achieved our first ‘straight-to-Commercial Installation’ sale of a CO2 Delivery Solutions™ system to an Ontario ACMPR cannabis producer. While the facility is smaller in size, this is an important milestone for GROW. We have compiled extensive plant science data from scientific trials and Commercial Feasibilities as well as testimonials from customers to the significant benefits to growers of our CO2 Delivery Solutions™ technology. We hope this will make purchase decisions easier for growers and accelerate sales going forward”.

Visit www.co2delivery.ca for more information on CO2 Delivery Solutions™ or watch this video. To see a CO2 Delivery Solutions™ VCO2 system installation, watch this video.

About CO2 GRO Inc.

GROW’s target markets are focused on the 50 billion square feet of global greenhouse and covered cultivation space (USDA). Atmospheric enrichment of CO2 by gassing has been practiced in indoor and expensive sealed greenhouses for decades resulting in enhance crop yields of up to 30%. However, 85% of the world’s greenhouses are unsealed and have open-venting designs for heat ventilation which makes CO2 gassing uneconomical and impractical since the CO2 gas easily escapes.

GROW’s CO2 Delivery Solutions™ naturally and safely dissolves CO2 gas into water creating an aqueous CO2 solution which is then misted directly on plant leaves. GROW has demonstrated its technology to be as effective as CO2 gassing by improving crop yields up to 30%, while using a fraction of the CO2 gas. The CO2 solution’s micro droplets create an aqueous film around the entire leaf surface, isolating the leaf from the atmosphere. This creates a diffusion gradient favoring CO2 transport into the leaf and other gases out of the leaf. Increased carbon availability enhances photosynthesis resulting in faster and larger plant growth. CO2 Delivery Solutions™ has been demonstrated on crops including cannabis, hemp, lettuce, kale, microgreens, peppers and flowers. In addition, aqueous CO2 misting offers pathogen Perimeter Protection™ for plants by slowing the spread of micro pathogens such as E. coli and powdery mildew. Greenhouse growers everywhere can now supplement CO2 to their crops using CO2 Delivery Solutions™, increasing plant yields and profits.

Forward-Looking Statements This news release may contain forward-looking statements that are based on CO2 GRO’s expectations, estimates and projections regarding its business and the economic environment in which it operates. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict. Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such statements. Statements speak only as of the date on which they are made, and the Company undertakes no obligation to update them publicly to reflect new information or the occurrence of future events or circumstances, unless otherwise required to do so by law.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

For more information, please visit www.co2gro.ca or contact Michael O’Connor, Manager of IR at 604-317 -6197 or michael.oconnor@co2gro.ca

SOURCE: CO2 Gro Inc.

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