$PBIO Bullets! *PBI has announced plans to
Post# of 250611
*PBI has announced plans to acquire the assets of a global, eco-friendly agrochemical supplier
*The assets should allow PBI to be operational and churning significant revenue in the Agrochemical arena in 2021
*Assets include unique proprietary formulations; advantageous manufacturer relationships; trademarks; IP; registrations and licenses; and access to distributors and end-users worldwide
*Population growth is driving increased demands on food production
Such demands drive the need for more efficient, higher quality, and production boosting methods in the food area
*Consequently, the worldwide market for agrochemicals is soaring: market for Pesticides should reach $131B by 2023 and Fertilizers should reach $232B by 2025
*Synthetic, chemical based agrochemicals are being replaced with a new generation of eco-friendly, “green”, environmentally-sustainable agrochemical products
*The assets being acquired come from a company that was selling improved, effective, organically-natural, “green” agrochemical products
The active ingredients in many agrochemicals are oil-based
Like animals, plants are water based; thus, there is an issue in getting the active ingredients to be effectively absorbed.
*Enter UST with its unique ability to nanoemulsify the active ingredient/oil combo, making it far more stable, water soluble, and bioavailable. This saves significant manufacturing costs and requires less usage to obtain the same effect. In essence, PBI’s UST process will make already good products that much better.
*PBI expects to not only be operational in 2021, but the Company expects that the agrochemical business will generate significant revenue by the end of the year
*PBI expects to release the UST technology platform to the market later in 2021
*During the coming months, as PBI prepares to release UST to the market, the Company expects to sign multiple collaborations and co-marketing deals with users in varied fields, such as biopharma (e.g., SinuSys – per our announcement several weeks ago), food and beverage (e.g., Ohio State, as announced previously); hemp-derived products (e.g., like the half dozen CBD companies PBI has discussed in the past); cosmetics (e.g., Availa), and now agriculture
*At the end of Mr. Peterson’s second quote, he states that the asset acquisition also includes products in the cleaning/disinfection area and possibly even cosmetics – could be nice fit with Availa
NOTE: Mr. Peterson’s last sentence: this asset acquisition offers exciting complementary synergies to our announced plans to acquire Cannaworx, Inc. that are on-going, and PBI is still actively negotiating that prospective transaction.