How big is the Fertilizer industry? The global fertilizer market amounted to more than 193 billion U.S. dollars in 2021, an increase of roughly 12 percent in comparison with the previous year. However, the fertilizer industry suffers from two gaping problems:
(1) The prevailing fertilizers in the world consisting of chemically based Nitrogen, Potassium and Phosphate (“NPK”) are known pollutants of ground water, soil depleters, and a major cause of algae blooms endangering aquatic life throughout the vast expanse of waterways.
(2) There is a severe shortage of NPK as a result of world events, currently and for the foreseeable future, which has led to the potential of food shortages and starvation in the more vulnerable parts of the world.
Veritas is a distributor for Mineral-Gro® (MG), a “Climate Smart” liquid fertilizer containing nano-sized trace minerals and micronutrients that helps grow food and restores soil over time. MG is more than 50% less expensive than prevailing NPK fertilizers, saving cash strapped farmers under massive financial strain. MG eliminates the negative environmental effects of NPK, and produces larger, healthier, more disease resistant plants producing greater harvests and a shorter growing cycle.
MG utilizes a proven USA patented technology to nano-size natural and pre-chelated trace minerals from mineral rich deposits. When used, the technology results in restored damaged soils, increased water retention (resulting in reduced water usage), reduced need for pesticides and traditional fertilizers, increased plant health and productivity and shortened growing times.
MG is a liquid concentrate containing up to 78 chelated natural trace minerals, combined with additional macro and micronutrients – averaging from 100 to 900 nanometers in size. MG delivers unprecedented availability of nutrients to the plants; can be used both in foliar spray and soil applications; and is a “Climate Smart” product that does not harm Mother Earth or our natural environment.
Purpose: To expand distribution and increase supply chain resilience within the agricultural fertilizer and nutrient management sector, in connection with the production of agricultural commodities worldwide.
Goal: To rapidly expand the distribution of commercially available fertilizer worldwide in order to provide farmers more local access to natural, climate smart fertilizer alternatives for producing agricultural commodities that reduce the impact of climate change.
Objective 1: Increase the production and use of climate smart, sustainable, and innovative nano micronutrient fertilizer solutions that reduce water usage, pesticides, and fertilizer requirements while restoring soils through organic solutions by 10,000,000 acres in 2023 and 50,000,000 acres per year thereafter.
Objective 2: Create a compliant, independent, and successful fertilizer business that generates ongoing employment, production of high-quality fertilizer, and meets all compliance requirements.