Verde’s Super Greensand® Now Available at Amazon.com
TORONTO, March 27, 2018 (GLOBE NEWSWIRE) -- Verde AgriTech Plc (TSX:NPK) (OTCQB:AMHPF) ("Verde” or the “Company”) is pleased to announce that Super Greensand® is now also a listed product for sale at Amazon.com, as Verde continues to expand internationally.
Super Greensand® is a premium multi-nutrient natural fertilizer developed to improve the soil and boost plant nourishment. It contains 68 minerals and trace elements, including potassium, iron, magnesium and manganese. Super Greensand® increases the soil’s capacity to retain water and nutrients. Contrary to most potassium fertilizers, Super Greensand® has no additives, no salt and no chlorine.
Super Greensand® is organic approved and can be used by anyone on flowers, vegetables, fruits, lawn, shrubbery and trees. It is easy to apply and safe to handle.
In the United Sates (“U.S.”), the market for lawn and garden supplies is expected to reach $6.6 billion in 20191. More North Americans are growing fruits and vegetables at home. According to the Garden Writers Association Foundation, in 2015, 58% of U.S. consumers planned to grow edible plants. The National Gardening Association2 revealed that in the same year, 49% of all U.S. households participated in lawn and garden activities. They spent $2.6 billion on flower gardening, $1.9 billion on vegetable gardening and $683 million on flower bulbs.
Verde is in advanced discussions with a leading US organic food growers association to help demonstrate the benefits of the product to grow healthier and more nutritious food.
“Following the announcement of the construction of our first in-house production facility, we are now accelerating global sales and distribution of Super Greensand® to both the commercial farming market and the enormous U.S. consumer home market”, commented President & CEO, Cristiano Veloso.
In 2017, Verde exported the first containers of Super Greensand®, which were destined to the U.S. for redistribution to professional farmers and cannabis growers (where legal). Verde is now targeting the retail market to ensure that individual consumers can also gain access to the benefits of Super Greensand®. Customers will have the ease of ordering online and have the product delivered direct to them for home use.
“Verde is a global company already selling to commercial farmers in Brazil and in the U.S. In addition to our U.S. distributor, Amazon offers an outstanding platform to reach all consumers and geographic corners of the U.S. with free delivery. We are very excited to offer Super Greensand® to the large consumer market in North America. We will continue working to transform Verde into a global diversified manufacturer that will supply both the premium organic commercial farming market and the end user consumer, home grower and gardener,” commented President & CEO, Cristiano Veloso.
Verde’s pre-feasibility study (“PFS”), announced in November 27, 2017, covers only the potential Brazilian market when calculating a post-tax net present value discounted at 8% of US$ 1.98 Billion and internal rate of return of 290%. The PFS does not take into account any existing or future international sales.
About Verde AgriTech
Verde AgriTech promotes sustainable and profitable agriculture through the development of its Cerrado Verde Project. Cerrado Verde, located in the heart of Brazil’s largest agricultural market, is the source of a potassium-rich deposit from which the Company intends to produce solutions for crop nutrition, crop protection, soil improvement and increased sustainability.
For additional information please contact:
Cristiano Veloso, President & Chief Executive Officer
Tel: +55 (31) 3245 0205; Email: cv@verdeagritech.com
www.verdeagritech.com
www.supergreensand.com
1https://www.lawnstarter.com/blog/gardening-2/sales-of-lawn-and-garden-supplies/
2https://garden.org/about/intro/ |
