Canadian AgTech company selected for Canadian Technology Accelerator Program in Mexico

Toronto based CO2 GRO Inc. is pleased to announce that it has been
selected to participate in the Canadian Technology Accelerator (“CTA”) Cohort Program in Mexico focused on the Ag Tech industry. The CTA Program is managed by Canada’s Trade Commissioner Service to provide Canadian high growth market-ready companies
support to access global markets.

According to Global Affairs Canada, “The ideal candidate has a product ready for market, differentiated technology, has potential to scale and can demonstrate the qualifications of their management team”. According to the specific Mexican Ag Tech program, “We are
looking for leading edge Ag Tech companies in areas of protected agriculture: greenhouses, hydroponics, control and automation systems, management software, remote sensors, artificial intelligence and fertigation controls”.

An expert mentor on Mexico’s rapidly growing protected agriculture industry will be assigned to the cohort from February 1, 2021 through April 16, 2021. This expert will help identify potential Mexico based Strategic Ag Partners, customers and distributors for selling and installing GROW’s CO2 Delivery Solutions™ systems.

Mexico’s greenhouse capacity exceeds 4 billion square feet, which is more than double the US and Canadian capacity combined of 1.5 billion square feet. According to Aaron Archibald, GROW’s VP Sales and Strategic Alliances, “We are delighted to have been chosen by the Evaluation Committee. Having an expert introduce us to key Mexican greenhouse owners could lead to multiple revenue opportunities for
us. We know greenhouse owners in hot countries cannot use CO2 gassing, missing out on up to 30% yield improvement. Our CO2 Delivery Solutions™ technology will enable them to supplement their plants with CO2 via aqueous CO2 misting, giving them the opportunity to significantly increase their yields.”

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