Cannabis Growing Competition to Judge Colorado-based Growers on the Terpene Content, Yield and Potency of Plant
DAVIS, Calif., June 19, 2018 – Marrone Bio Innovations, Inc. (NASDAQ: MBII) (MBI), a leading provider of bio-based pest management and plant health products for the agriculture, turf and ornamental and water treatment markets, is pleased to announced that it is a co-sponsor of “The Grow Off”, a prominent Colorado cannabis growing competition, currently in progress, which will be finalized in August, 2018 in Denver, Colorado.
The Grow Off is a science-based competition that awards prizes to cannabis growers in three categories: terpene content, yield and potency. To maintain the integrity of the competition, testing to calculate the results is conducted entirely by third party labs. In addition to the competition, the event serves as a valuable platform for growers to interact with each other and share insight about their plant health and Integrated Pest Management (IPM) programs.
“I truly admire the integrity of The Grow Off and am impressed by the care, professionalism and pride that these growers have in their operations, both large and small. We at MBI fully support growers and the broader cannabis industry, and as a part of these initiatives, we are providing growers with IPM educational materials such as articles, videos and other references to enable better identification and management of pests using MBI’s highly effective suite of products,” said Lisa Malabad, Cannabis Segment Lead.
The Grow Off serves as a valuable venue and opportunity for MBI to interact with leading growers in Colorado and listen to their concerns, understand their IPM programs and learn about the biggest opportunities and challenges currently facing the industry. To date, MBI has determined the following:
- Pest management is critical to maintain the health and viability of a cannabis crop.
- Mites, powdery mildew and aphids are key problems that will wipe out a crop if not kept in check.
- Many growers that are already using MBI products are extremely satisfied with the results, while others are interesting in trying MBI products but have not yet done so.
- Shared education in the industry is widely needed.
Nicki Shepherd, Commercial Sales Manager of Crop Supply/Way to Grow, a co-sponsor of The Grow Off, said, “We are excited to partner with a leading science-based firm such as Marrone Bio, which we believe represents the future of crop protection with their sustainable and organic approach to pest management for cultivators, from small to commercial size gardens. We look forward to carrying a suite of MBI products at our locations in Colorado, with future plans to carry them in our California locations once all registrations are in place.”
Samantha Taylor, Co-founder of The Grow Off said, “The Grow-Off team is thrilled to partner with MBI to address the pest management needs of our grower base. With so many harmful pesticides on the market, it is paramount that cannabis cultivators have access to safe and effective pest management options, such as those offered by MBI, to tackle the wide variety of issues that today’s growers face.”
MBI’s products, REGALIA CG, GRANDEVO CG and VENERATE CG, are multi-state-approved and highly effective biological crop protection solutions. They support clean green cultivation, with the ability to generate increased yield and improved crop quality by reducing stresses from plant disease, insects and mites to the plant. When incorporated into an IPM program, these products can serve as a significant value driver for successful growers. Grandevo CG, Regalia CG and Venerate CG products are available at hydroponic supply stores, Ag retail and on the MBI website at www.marronebioinnovations.com/cg. Please check with your local MBI representative for current state registration status.
About Marrone Bio Innovations
BIO WITH BITE.
Marrone Bio Innovations, Inc. (NASDAQ: MBII) strives to lead the movement to a more sustainable world through the discovery, development and promotion of biological products for crop protection and plant health. MBI’s effective and environmentally responsible pest management solutions help customers operate more sustainably while uniquely improving plant health and increasing crop yields. MBI’s currently available commercial products are Regalia®, Grandevo®, Venerate®, Majestene®, Haven® StargusTM and AmplitudeTM, Zelto® and Zequanox®.
Marrone Bio Innovations is dedicated to pioneering smart biopesticide solutions that support a better tomorrow for both farmers, turf managers and consumers around the globe. For more information, please visit www.marronebio.com.
Marrone Bio Innovations Forward Looking Statements
This press release contains forward-looking statements that involve substantial risks and uncertainties. All statements, other than statements of historical facts, included in this press release regarding strategy, future operations and plans, including assumptions underlying such statements, are forward-looking statements, and should not be relied upon as representing MBI’s views as of any subsequent date. Examples of such statements include statements regarding the potential of Regalia, Grandevo and Venerate CG and other MBI products in the US and Canada, market projections, including the potential benefits of these products. Such forward-looking statements are based on information available to the Company as of the date of this release and involve a number of risks and uncertainties, some beyond the Company’s control, that could cause actual results to differ materially from those anticipated by these forward-looking statements, including consumer, regulatory and other factors affecting demand for the MBI’s products, any difficulty in marketing MBI’s products in its target markets, competition in the market for pest management products, lack of understanding of bio-based pest management products by customers and growers. Additional information that could lead to material changes in MBI’s performance is contained in its filings with the SEC. MBI is under no obligation to, and expressly disclaims any responsibility to, update or alter forward-looking statements contained in this release, whether as a result of current information, future events or otherwise.
Marrone Bio Innovations Contacts:
Lisa Malabad, Product Marketing Manager and Cannabis Segment Lead
Joshua Pacheco, Cannabis Sales Specialist
Telephone: +1 (530) 750-2800
MBI Investor Relations:
MZ Group – MZ North America
MBI External Public Relations:
anthonyBarnum Public Relations