US: Bee Vectoring Technologies gains official organic certification
The listing means the product meets the US Department of Agriculture’s (USDA) guidelines under the National Organic Program standard and is allowed for use in certified organic crops. The overall regulatory approval process for BVT-CR7 with the US Environmental Protection Agency (EPA) remains on track and a decision by the EPA on the approval for BVT-CR7 is expected in the first half of 2018.
“The US organic food industry is valued at close to $43 billion, and continues to grow around 10% per year,” stated Ashish Malik, CEO of BVT. “Organic growers however have a limited choice of products they can use to increase the productivity of their crops. The BVT system has been shown to have a unique value proposition for organic farmers, and delivers considerable value in multiple crops through better disease control and higher yields. With this certification, organic farmers will be able to begin adopting the solution once we gain final regulatory approval from the US EPA. This represents a significant business opportunity for BVT in an area of the industry experiencing growing consumer demand and where there are limited solutions available for protecting crops and increasing yields.”
BVT is selectively expanding its market opportunities while continuing towards securing US Environmental Protection Agency (EPA) regulatory approval of its BVT-CR7 beneficial microbe.
For more information:
Bee Vectoring Technologies International Inc.
T: (647) 660-5119
info@beevt.com
www.beevt.com