Canadian Zeolite Corp (TSX-V:CNZ) (OTCQB:CNZCF) has announced a deal with Natural Ventures, a licensed grower and manufacturer of medical marijuana located near San Juan, Puerto Rico. Canadian Zeolite will work with Natural Ventures to enhance their growing production with zeolitic fertilizers and substrates.
Natural Ventures has an indoor growing establishment of 100,000 square feet. At the moment there are over 60,000 registered medical marijuana patients in Puerto Rico. That number is expected to increase considerably in 2017. Edgar Montero, CEO of Natural Ventures said, “We are very excited to be implementing a natural Zeolitic fertilizer for our 2017 crop. With an expected increase in crop yield, we anticipate being able to fully service the increase in demand for our product in Puerto Rico and the other parts of the Caribbean market as they open.”
Ray Paquette, CEO of Canadian Zeolite said, “We are extremely pleased to be supplying Natural Ventures of Puerto Rico. Plant nutritional needs vary between different species and zeolites are considered as good subtracted for developing slow release fertilizers. Canadian Zeolite’s natural zeolite is being developed as a value added and highly efficient soil-less substrate for growing a wide variety of plants including medical marijuana.”