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MustGrow Biologics MGRO.V · CAD

Materials · TSX Venture · 🇨🇦 Canada

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0.41

+1.23%

Close of 9 Nov 2026, in CAD

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About MustGrow Biologics

Its shares trade on TSX Venture under the ticker MGRO.V. It has been listed since 10 July 2019. In the fiscal year to 31 December 2025, it reported revenue of C$8.3m and a net loss of C$7.3m. At that date it held total assets of C$3.1m and shareholders' equity of C$867,100.

MustGrow Biologics Corp. engages in the development and commercialization of natural biopesticide products from mustard seed. The company is headquartered in Saskatoon, Saskatchewan. The company went IPO on 2019-07-10. The firm is engaged in developing organic biocontrol, soil amendment and bio fertility products by harnessing the natural defense mechanism and organic materials of the mustard plant to sustainably protect the global food supply. The company focuses on the development and commercialization of natural biological technologies and products from mustard seed for sustainable agricultural markets. The firm is providing a natural, organic technology platform with the efficacy of synthetic chemicals that has potential application in multiple global markets. Its technology pipeline includes soil amendment & bio fertility, biocontrol, and postharvest biocontrol & food preservation. The firm is pursuing the adoption and use of its technology in the soil amendment and bio fertility markets.

Figures and description from our data supplier, not checked against the company's own report.

Company facts

Sector
Materials
Industry
Chemicals
Listed since
10 Jul 2019
Website
mustgrow.ca ↗

Leadership

Pay as last reported

  • Mr. Bradley MunroIndependent Chairman of the Board
  • Mr. Corey GiassonChief Executive Officer, Director, since 2018C$315,706
  • Mr. Todd LahtiChief Financial Officer, Corporate SecretaryC$289,397
  • Mr. Colin BletskyChief Operating Officer, Director, since 2018C$302,551
  • Mr. David BoreckyIndependent Director
  • Mr. Thomas FlowIndependent Director
  • Mr. Matt KowalskiIndependent DirectorC$17,464
  • Ms. Laura WestbyIndependent DirectorC$15,257

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
0
Environment
0
Social
0
Governance
0

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • MustGrow Biologics Corp. develops natural biopesticides from mustard seed for sustainable agriculture.
  • The company focuses on organic biocontrol and soil amendment products with synthetic chemical efficacy.
  • MustGrow's technology pipeline includes soil amendment, bio fertility, and postharvest biocontrol applications.

Weaknesses

  • MustGrow Biologics Corp. currently employs 0 full-time employees despite being listed since 2019.
  • The company has no full-time staff to support its development and commercialization efforts.
  • MustGrow's IPO in 2019 has not resulted in a significant workforce for operations.

Opportunities

  • MustGrow targets sustainable agricultural markets with natural biopesticide solutions.
  • The firm aims to expand in soil amendment and bio fertility markets globally.
  • Global food supply sustainability drives demand for MustGrow's organic technologies.

Threats

  • MustGrow's lack of full-time employees may hinder market adoption and product development.
  • The company's reliance on mustard seed technology faces competition from synthetic alternatives.
  • Global market volatility could impact the adoption of natural biopesticide products.

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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