/ News
25 January 2018
VEGALAB SELLING PRODUCTS IN CALIFORNIA WITH TWO MAJOR AGRICULTURAL RETAILERS
(Palm Beach, FL) - Vegalab, Inc. ("the Company"), (OTCQB: VEGL), an industry leader in the burgeoning market for Earth friendly agrochemicals, today announced that, in Q-4 of 2017, the Company began selling its products through two of the 25 largest agricultural retailers in the United States, Buttonwillow Warehouse Company, Inc. ("Buttonwillow") and Mid Valley Agricultural Services, Inc. ("Mid Valley Ag"), according to the "CropLife Top 100" rankings.
Founded in 1948, the Buttonwillow Warehouse Company (BWC) is a family owned and operated business with eleven retail fertilizer and crop protection locations serving nine California counties. In its initial season with the Company (fall of 2017), Buttonwillow introduced Vegalab products in the Delano, McFarland growing region, with sales primarily focused on Nematode Control, Brix Boost, Color Boost, Spore Control, and Spider Mite Control.
Founded in 1983, Mid Valley Agricultural Services, Inc., (Mid Valley Ag) is a full service chemical and fertilizer retailer with seven retail outlets located throughout the Central Valley of California. Mid Valley Ag's initial sales of Vegalab products in the fall 2017 season included Water Solv, Bactor Boost, Nematode Control, Spider Mite Control, Humic 12, and Folifert.
Vegalab CEO, David Selakovic, said: "With these well established and storied agricultural dealers on our team for the 2018 growing season, Vegalab is poised to show strong revenue growth in the California market as our marketing partners introduce more of our all-natural, biologically derived pesticides, fertilizers, and specialty agrochemical product lines to more of their existing customer base."
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 products support a healthy soil biome and are cost competitive with synthetic chemicals that do just the opposite.
Safe Harbor for Forward-looking Statements
This news release may contain forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. While these statements are made to convey to the public the company's progress, business opportunities, and growth prospects, they are based on management's current beliefs and assumptions as to future events. However, since the company's operations and business prospects are always subject to risk and uncertainties, the forward-looking events and circumstances discussed in this news release might not occur, and actual results could differ materially from those described, anticipated, or implied. For a more complete discussion of such risks and uncertainties, please refer to the company's filings with the Securities and Exchange Commission.