HempCBD Investor Magazine Issue 2 - February 2020 | Page 93

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CIM: How has your technology been tested or verified?

OS: ONIT Grow™ has been field tested by governmental agencies and universities in commercial agriculture applications in 14 countries on a wide variety of crops. Increases in production ranged from 15% to 40% depending on crop, growing conditions, etc.

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CIM: Do you have plans for an International rollout?

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OS: Yes. In fact, we recently announced the formation of ONIT Canada. ONIT Canada is led by a group of industry veterans with deep ties not only to cannabis and hemp growers in their country but are expected to facilitate retail distribution for ONIT products in an additional 23 countries. Additionally, we have approximately 400 samples out for testing with cultivators across the country. Initial feedback has been extremely favorable, with improved yields up to 30% and noticeable improvement in quality.

CIM: Who are your competitors? What are your key differentiators?

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OS: There are a number of products whose primary function is as a surfactant. However, there are only a couple that claim to be organic. We have not found a WSDA or OMRI recognized organic surfactant that claim the same modes of action or results as ONIT Grow™. However, we understand that competing products will be developed, which is why ours is a race for market share.