Monarch America Inc (OTCMKTS:BTFL) announced that it has finalized an Exclusive Distribution deal with Colorado Business Associates LLC. The firm is the exclusive owner of proprietary products termed as MiraClays. The new deal appoints the company as the sole distributor of MiraClays for the agricultural industry in Canada and the United States.
MiraClays can be defined as microscopic crystalline calcium clay that is rich in more than 70 other minerals and trace components. When used in the agricultural segment, 100% natural MiraClays products can be applied directly on the growing medium or can be mixed in water. The impact is greener and larger plants. Lab testing and extensive anecdotal proof indicates that MiraClays products used in cannabis grows offers increased THC and CBD yield per plant, improved growth rates, enhanced flavor and potency, and healthier crops with sturdier stocks and extensive root systems.
The management speaks
Eric Hagen, the CEO of Monarch America Inc (OTCMKTS:BTFL), said that the management is delighted to have included other exclusive high-demand quality products to be offered under the company’s brand at The Big Tomato store in Colorado. It would also be sold through other prominent distributors across the U.S. and in Canada. Lab tests have demonstrated that MiraClays can boost CBD and THC production, so this indicates a potentially huge benefit to a commercial operator in the extensive competitive cannabis growing market.
The CEO of Monarch further added that the management looks forward to create acceptance and awareness of the advantages of MiraClays and other branded products within the cannabis industry. They can be used in several high-value agricultural applications. The company files reports with the SEC and expects continuing to submit such reports. In last trading session, the stock price of Monarch America surged more than 13.76% to close the trading session at $0.124.