Sustainability is the major concern across sectors at this point as companies try to become as environmentally responsible as possible. If you are looking into companies from the sector, then it could be a good time to consider taking a closer look at Sustainable Green Team Ltd. (OTC:SGTM), the leading sustainable agricultural solutions provider. On June 3, the company entered the news cycle after it announced that it had inked a purchase agreement with regards to the acquisition of a number of intellectual property assets and patents pertaining to the development of disruptive agricultural technologies.
The company further noted in its news release that the innovative technologies in question were scalable, simple, and primed for implementation in the market. While noting the path-breaking nature of the technologies, the company announced that its team’s dedication and expertise had helped Sustainable Green Team develop products and initiatives that had the potential to change the face of agricultural space and home garden use. The company noted that thanks to the acquisition, it would be possible for it to close the loop and then work on the expansion of its product lines to include all the different facets of agriculture.
It could be a good move for investors to have a better idea about the patents that the company acquired. Some of those are patents related to 100% organic pelletized fertilizers, foliar programs, hemp and CBD advancements, livestock probiotic enzyme advancements, and microbial packages, among others. In the news release, it was revealed that the products would provide a significant range of solutions, which would include fertilizers for all purposes as well as three-in-one solutions that function as bactericides, insecticides, and fungicides for crops. In light of the latest developments, it would be interesting to see if the Sustainable Green Team stock gains any traction today or not.