Streetwise Reports Examines An AgriTech Company Selling to Organic and Cannabis Markets
SAN FRANCISCO, Nov. 20, 2017 (GLOBE NEWSWIRE) -- The company's soon-to-be-announced prefeasibility study will evaluate expansion plans.
A unique player in the sector is Verde AgriTech Plc (TSX:NPK) (OTCQB:AMHPF), which is advancing the Cerrado Verde project in Brazil. The potassium-rich deposit hosts a blend of minerals, including magnesium, silicon, iron and manganese, that serves as both a fertilizer and soil conditioner. In addition to the 68 minerals and trace elements it provides, it increases the soil's ability to retain water and nutrients. Verde's main product is branded Super Greensand.
Verde announced in May that it had begun a prefeasibility study to expand its Super Greensand production. According to the company, "the expansion project will be implemented in multiple phases and will rely on internally generated cash flow to fund subsequent expansions, all of which will significantly reduce upfront capital costs. This scalable and modular approach is feasible thanks to the open-pit nature of Verde's mineral resources and simple production flow sheet, which only requires crushing and milling."
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The following companies mentioned in this article are not sponsors of Streetwise Reports: Verde AgriTech Plc. Streetwise Reports does not accept stock in exchange for its services.
The full disclosure is provided at the end of the published article: AgriTech Company Sells to Organic and Cannabis Markets