The development of synthetic products is expensive, as opposed to biopesticides that are less expensive and have quick development processes. Due to its cost-effectiveness, smaller companies/start-ups are venturing into this market with limited research budgets. This has led to intense competition for the major players in the agricultural biological market. Biopesticide Stocks have been extensively covered on PubCoInsight.
Popular stocks listed on NASDAQ are Bayer Crop Science Ag(NASDAQ:BAYRY), Arcadia Biosciences Inc (NASDAQ: RKDA), Central Garden & Pet Company (NYSE:CENT).
On September 28, 2021 Black Bird Biotech Inc (OTC:BBBT) announced that an international agri-chemical distributor based in the Middle East is scheduled to begin field testing MiteXstreamTM on various crops, like, tomato, cucumber, eggplant and leafy greens. Fabian Deneault, developer of MiteXstream(TM) and President of BBBT exclaimed “The capacities of MiteXstream(TM) are capable of saving literally billions annually in lost crops, and, after nearly three years of testing by third-party cannabis growers, we have yet to see the mites develop any resistance”. With results this good, MiteXstream is bound to take over the biopesticide market.
$BBBT $BAYRY $RKDA $CENT
$BBBT – Black Bird Biotech
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