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CO2 GRO (BLONF) Stock News, Aug-Sep 2020

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CO2 GRO Inc. (OTCQB: BLONF) announced the installation of its Commercial Feasibility CO2 Delivery Solutions™ VCO2 system at DeJong Greenhouse in Iowa, marking a significant first for both the company and the state. This initiative aims to enhance strawberry production through benefits such as faster harvests and increased yields. The global strawberry market showcased a $3.6 billion production in the US, dominated by California and Florida. CO2 GRO's technology promises improved crop yield by up to 30%, presenting a strong opportunity for growth in local greenhouse operations.

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Rhea-AI Summary

CO2 GRO Inc. (OTCQB: BLONF) announced the installation of a CO2 Delivery Solutions™ VCO2 system for a commercial feasibility at Hidroexpo's 1-hectare pepper greenhouse in El Salvador. This project, set to start in September 2020 and run until April 2021, aims to evaluate faster harvest times and increased yields. The CO2 delivery method is said to reduce costs by over 90% compared to traditional gassing methods, enhancing productivity in regions where CO2 enrichment is typically not practiced. The initiative could lead to wider adoption in North and South American greenhouses.

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CO2 GRO (BLONF) last closed at $0.000001.