Cibus Enters US Development Agreement With Loveland Products, A Subsidiary Of Nutrien; No Financial Terms Disclosed
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Cibus has entered into a development agreement with Loveland Products, a subsidiary of Nutrien (NTR), to integrate traits into Loveland's elite rice seed genetics. The collaboration aims to commercialize herbicide tolerance in rice, focusing on the southern US market's demand for innovative weed control solutions. No financial terms of the agreement were disclosed.
February 26, 2024 | 12:12 pm
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Nutrien's subsidiary, Loveland Products, partners with Cibus to commercialize herbicide-tolerant rice seeds, focusing on the southern US market.
The partnership with Cibus to develop herbicide-tolerant rice seeds could position Nutrien as a leader in agricultural innovation, potentially increasing its market share in the southern US. This strategic move is likely to be viewed positively by investors, given the focus on innovative and sustainable agriculture solutions.
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