Page 24 - Vol.39-No.6

BEES AND BEEKPING

BEE VECTORING TECHNOLOGIES USES BEES TO SAFEGUARD

CROPS WITH ALL-NATURAL DISEASE FIGHTING SOLUTION

Everyone wants the food they eat to be nat- Added Mr. Malik, “it is also important to note
ural — free from pests, diseases, and chemical that our recurring customers are mostly en-
pesticides that were traditionally used in crop terprise sized growers focused on data driven
management. With the rising awareness about return metrics and Return on Investment. Our
personal health and the environment, there’s a continued ability to grow within these larger
growing demand to replace chemical fertiliz- clients is a clear validation of the BVT system’s
ers and pest-control substances with natural scalability potential.”
biological solutions. Aiming to further strengthen its market
While the use of traditional chemical solu- presence, BVT has partnered strategically with
tions still remains widespread today, many has zero greenhouse gas emissions. Moreover, industry leaders, leveraging their distribution
industry experts believe that biological agri- unlike conventional spraying, its precise appli- and marketing channels to scale operations. To-
cultural products will eventually replace them cation avoids soil contamination and preserves gether, they are focused on developing CR-7 as
in the crop-protection and fertilizer market that biodiversity. both a foliar spray and seed coating application,
is currently with an estimated market size of The benefit of using bees is their natural con- tapping into new market opportunities such as
USD$240 billion. nection to flowers, as it serves as their primary soybeans to diversify and increase revenue po-
food source. When considering diseases that tential.
impact crops by infecting them through flow- Additionally, BVT is actively engaged in licens-
ers, and subsequently affecting the fruits that ing conversations with multinational agricultural
farmers intend to sell, bees are presented as a players, resulting in the establishment of two
highly effective and natural solution. enterprise sized commercial partnerships, plus
“Overall, we’ve typically seen 20 to 25% in- several testing and developmental agreements.
creases in yield – and sometimes even more,” With 500 deals in the Ag-biologicals sector in
said Ashish Malik, CEO of BVT. “And if growers the last 10 years, including 80 just in the last
can get more berries per acre, that’s more return year, significant opportunities for mergers and
The end goal, simply, is to grow more food on their investments.” acquisitions arise.
with less chemicals and damaging impact on “Industry leaders are taking notice of our
the environment. Bee Vectoring Technologies uses the
power of bees to safeguard crops with unique assets – both bee vectoring, as well as
This is the core vision of Bee Vectoring Tech- all-natural solution our unique CR-7 – and are looking to partner
nologies International Inc. (CSE: BEE | OTCQB: with us,” said Mr. Malik. “This will not only lead
BEVVF), the first company to use commercially Cutting-edge solution gains to scaling our business through new revenue
reared, managed bumblebees and honeybees commercial momentum and streams, but also makes BVT an attractive target
to deliver disease and pest-control. Its propri- for traditional Agchem players who are looking to
etary biofungicide, Vectorite™ with CR-7, is captivates industry leaders freshen their portfolios to meet a growing need
directly applied to the flowers of various crops While the technology behind BVT began de- for more environmentally responsible solutions.”
– combating diseases and protecting the fruit’s velopment 20 years ago, the company officially
development. launched in 2010 and went public in 2016. By Expanding market with strong
Bees deliver disease-fighting 2019, BVT had obtained a license from the U.S. IP and proven technology
Environmental Protection Agency, enabling op-
“There’s a huge, growing demand for biological
power to flowers erations in the United States. Since their first products around the world to fight various dis-
commercial growing season in 2020, BVT has
This is how it works: ease and pest issues today,” said Ashish Malik.
experienced steady growth, fueled by their im- “As well, BVT is aiming to expand its market, with
1. At the start of blooming season, Bee Vec- pressive portfolio of over 55 worldwide patents the registration process underway in Mexico and
toring Technologies (BVT) works with its farm- and positive customer feedback. Canada, and soon in Europe, in addition to more
er customers and apiaries to place commercial
beehives on agricultural land. BVT’s customer retention is currently greater than 70 trials on multiple crops in six countries.”
than 80% and its technology is being used on What sets BVT apart is that it is a significant-
2. Utilizing either a custom-designed hive thousands of acres in several key agricultural ly de-risked investment backed by its strong
for bumblebees or a tray attached to a hive states, including Florida, Georgia, Michigan, and intellectual property, proven technology and
for honeybees, as bees exit the hive they move more. In addition, farmers are reporting between a growing platform that can produce multiple
through a natural organic compound, Clonos- 20 to 40 times return on investment from the products and market applications. All of this
tachys rosea strain CR-7, and this attaches to BVT treatments compared to conventional equates to applying this proprietary technology
their bodies. chemical spray solutions. into a winning business plan.
3. As the bees pollinate the flowers, the CR-7 “Feeding the population in a responsible way is
microbe in the Vectorite powder falls off their a critical mission for BVT, and I strongly believe
bodies and into the bloom, colonizing the plant that delivering safe and affordable food, while
tissue and replicating to provide protection for preserving the health of our environment for
the fruit from pests and diseases. this generation and beyond, is one of the most
This solution is not only all-natural but also important challenges that we as a society have
addresses environmental concerns. It eliminates to meet” concluded Mr. Malik.
water usage, which can pose a runoff risk, and

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