Vegalab Honored As “Best Fertilizer Company” at National Hemp Expo in Louisville, Kentucky

Louisville, KENTUCKY and NEVADA, May 10, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Vegalab, Inc. ("the Company"), (OTC: VEGL), an industry leader in the soft chemistry segment of the natural agrochemical industry, today announced that it was honored with the “Best Fertilizer Company” award at the National Hemp Expo held at the Kentucky Exposition Center in Louisville, Kentucky on April 13 & 14, 2019. 

This was the inaugural year for the exposition, which highlighted the rapidly growing market for hemp seed and fiber, which are utilized to create a plethora of products including cannabidiol (CBD oil), the demand for which is growing at an explosive rate. The show offered over 1300 growers and industry representatives the opportunity to walk an exhibition space where Vegalab was one of over 50 exhibitors - as well as a title sponsor of the event.

In addition to the exhibition area, the show featured two days of industry expert panels. Vegalab, Inc. sales representative, Greg Sanford, participated in the “Soil, Fertility, and Farming Methods” panel, which gave him the opportunity to explain the intrinsic value of Vegalab’s “soft chemistry” fertility and crop protection products to the over 150 farmer/growers in attendance.

At the conclusion of the Expo, exhibitor awards were presented in six categories.  Recognizing that Vegalab’s products are a “natural” for hemp growers, particularly those growing hemp for CBD production, the judges voted Vegalab, Inc. the Best Fertilizer Company at the show. The judges likely took into account the fact that Vegalab’s fertility and crop protection products are sustainable, all natural, and safe for human consumption; that growers using poisonous synthetic pesticides on their crop run the risk of those pesticides showing up in processor testing; and that when that happens, the entire crop is rejected. 

David Selakovic, CEO of Vegalab, stated, “Growers and industry leaders, who had the opportunity to learn about our products during the expert panel and by stopping by our booth, agreed that Vegalab’s soft chemistry products are a perfect solution for hemp growers.  With interest generated from hundreds of growers, as well as regional retailers who are interested in carrying Vegalab products, we believe Vegalab’s line of all-natural, biologically derived pesticides, fertilizers, and specialty agricultural products will become the go-to products in the hemp industry.”

About Vegalab, Inc.:

Vegalab, Inc. is the exclusive distributor in North and South America of a line of all-natural, biologically derived pesticides, fertilizers, and specialty agricultural products. Vegalab’s pesticides are highly effective against targeted organisms, non-toxic to beneficial organisms, and safe for the environment. Vegalab’s products support a healthy soil biome and are cost competitive with synthetic chemicals that do just the opposite. The Company operates in two segments of the food industry. The Agronomy Business involves the manufacture and distribution of all-natural crop protection, crop health, and soil enhancement products; the Packing Business involves the operation of citrus packing facilities.

Safe Harbor for Forward-looking Statements

Any statements contained in this press release that do not describe historical facts may constitute forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. You can identify forward-looking statements by words such as “anticipate,” “believe,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “should,” “would” or similar words. You should consider these statements carefully because they discuss our plans, targets, strategies, prospects and expectations concerning our business, operating results, financial condition and other similar matters. These statements are subject to certain risks, uncertainties, and assumptions, including, but not limited to, risks and uncertainties relating to the Company’s ability to develop, market and sell products and services, based on its technology; the expected benefits and efficacy of the Company’s products, services and technology; the availability of additional funding for the Company to continue its operations and to conduct research and development, and future product commercialization; and, the Company’s business, research, product development, regulatory approval, marketing and distribution plans and strategies; the ability of the Company to execute on a business plan that permits the technologies and innovations businesses to provide sufficient growth, revenue, liquidity and cash flows for sustaining the Company’s go-forward business, and the risks identified and discussed under the caption “Risk Factors” in the Vegalab Annual Report filed with the Securities and Exchange Commission (the “SEC”) and the other documents Vegalab files with the SEC from time to time. There will be events in the future, however, that Vegalab is not able to predict accurately or control. Vegalab’s actual results may differ materially from the expectations that Vegalab describes in its forward-looking statements. Factors or events that could cause Vegalab’s actual results to materially differ may emerge from time to time, and it is not possible for Vegalab to accurately predict all of them. Any forward-looking statement made by Vegalab in this press release speaks only as of the date on which Vegalab makes it. Vegalab undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

Contacts:

For Vegalab:

Michael Husted
T: 302-298-0888 ext. 712

Vegalab Investor Relations
ir@vegalab.com
(212) 389-9782 Ext. 101

Source: Vegalab Inc.