Zero Gravity Solutions, Inc. Announces the Introduction of BAM-FX, its Proprietary Agricultural Product, to the Rapidly Growing Legal Hemp and Cannabis Market Segments
December 11, 2018
BOCA RATON, Fla.–(BUSINESS WIRE)–lt;a href=”https://twitter.com/search?q=%24zgsi&src=ctag” target=”_blank”gt;$zgsilt;/agt; lt;a href=”https://twitter.com/hashtag/bamagsolutions?src=hash” target=”_blank”gt;#bamagsolutionslt;/agt;–Zero
Gravity Solutions, Inc. (“ZGSI” or the “Company”) (Pink Sheets: ZGSI),
an agricultural biotechnology public company commercializing its
technology derived from and designed for Space with significant
applications for agriculture on Earth, has announced that its new
subsidiary, Specialty Agricultural Solutions, Inc., is introducing the
Company’s proprietary agricultural product, BAM-FX,
to the legal hemp and cannabis grow market segments. Based on trials
conducted over the past year in Humboldt and Mendocino counties in
California and other locations, BAM-FX has demonstrated its ability to
increase yield and quality, while also lowering the cost and use of
other inputs, thereby increasing growers’ return on investment.
Subsequent to our recent introduction of BAM-FX to grow stores and
distributors in Michigan, initial user interest and satisfaction have
stimulated customer reorders. Based upon our positive market acceptance
in Michigan, we plan to expand distribution to Colorado, California and
ultimately Canada. In addition to the introduction of BAM-FX into the
hemp/cannabis market, the Company is also rolling out a ready to use,
home and garden product, Gardener’s Choice®. Gardener’s Choice is
currently being marketed to retail chains, big box stores and other
retail outlets where plants and garden supplies are sold.
“Combined with the introduction of BAM-FX to the world’s commercial
agricultural market, BAM-FX is now expanding into multiple market
segments,” stated Timothy
A. Peach, Chief Executive Officer of ZGSI.
We believe that BAM-FX’s ability to increase yield, quality and ROI
presents an opportunity for growers using the best agricultural
technologies available to potentially improve upon their performance,”
stated James Stepper, Director of Specialty Agricultural Solutions, Inc.
About Zero Gravity Solutions, Inc.
Zero
Gravity Solutions, Inc. is an agricultural biotechnology public
company (Pink Sheets: ZGSI),
with technology derived from and designed for Space with significant
applications here on Earth. These technologies are focused on providing
valuable solutions to challenges facing world agriculture. ZGSI’s two
primary categories of technologies aimed at sustainable agriculture are:
1) BAM-FX®,
a cost effective, ionic micronutrient delivery system for plants, which
is currently being introduced commercially into world agriculture by
Zero Gravity’s wholly owned subsidiary BAM
Agricultural Solutions and Specialty Agricultural Solutions, Inc.;
2) Directed
Selection, utilized in the development and production, in the
prolonged zero/micro gravity environment of the International Space
Station, of large volumes of non-GMO, novel, patentable stem cells with
unique and beneficial characteristics.
This press release may contain certain forward-looking statements within
the meaning of Section 27A of the Securities Act of 1933, as amended,
and Section 21E of the Securities Exchange Act of 1934, as amended.
Investors are cautioned that such forward-looking statements involve
risks and uncertainties, including without limitation, acceptance of the
Company’s products, increased levels of competition for the Company, new
products and technological changes, the Company’s dependence on
third-party suppliers, and other risks detailed from time to time in the
Company’s periodic reports filed with the Securities and Exchange
Commission. Except as required by applicable law or regulation, Zero
Gravity Solutions undertakes no obligation to update these
forward-looking statements to reflect events or circumstances that occur
after the date on which such statements were made.
Contacts
Zero Gravity Solutions, Inc.
Harvey Kaye, Chairman
+1
561.416.0400
info@zerogsi.com