📺 Watch on YouTube and Spotify
In this episode of AgTech Digest, Sepehr Achard sits down with Frank Glatz, an environmental entrepreneur driven by the vision of revolutionizing weed management in agriculture. Discover the intriguing story behind Contact Bio Solutions, a startup that evolved from health science innovations to pioneering one of the market’s most potent bioherbicides. Learn how a unique delivery technology, originally formulated for supplements, is now changing the way weeds are controlled—offering high efficacy with natural ingredients and minimal environmental impact.
Frank Glatz unpacks the challenges of regulatory landscapes across the globe, the role of advanced application techniques like magnetic spraying, and how these developments are making bioherbicides increasingly competitive with conventional chemical options. From global market entry strategies to eye-opening case studies in vineyards and orchards, this episode explores the intersection of sustainability, science, and entrepreneurship in agtech innovation.
Tune in for a thought-provoking look at what it takes to bring a transformative solution to market, and get a glimpse of the future of agriculture through the lens of a passionate founder on a mission to make a difference—one weed at a time.
Unlock the future of sustainable weed control—here’s what you need to do next:
"We are environmentalists that really want to bring to agriculture a better solution, so if you look at herbicides—the way they kill or desiccate the weeds—you’re not just doing that. You really impact the environment, waterways, residues in food, and potentially your own health."
"Our belief is if you start from a nature-identical active ingredient, in our case a fatty acid we’ve eaten for thousands of years, the environment and our bodies are very familiar with these ingredients because they have been part of our ecosystem forever."
"My vision for 2035 is a billion-dollar business offering a bioherbicide—in a $40 billion market, that’s just 2%—but we have that wonderful combination of a high-performing product that truly benefits consumers, users, and the environment in a very real way."
LinkedIn - https://www.linkedin.com/in/frank-glatz-961b5222/
Contact Bio Solutions - https://contactbiosolutions.com/
Nestlé - https://www.nestle.com/
Beijing 2008 Olympic Games (referenced in context of organic waste diversion) - https://olympics.com/en/olympic-games/beijing-2008
World Health Organization (WHO) - https://www.who.int/
Harvard University (grounds using bioherbicides) - https://www.harvard.edu/
Gabe Brown (Regenerative Farming Leader) - https://brownsranch.us/
Regenerative Agriculture (Regeneration Movement, referenced in context of events/partners) - https://regenerationinternational.org/
EPA (U.S. Environmental Protection Agency) - https://www.epa.gov/
California DPR (Department of Pesticide Regulation) - https://www.cdpr.ca.gov/
Glyphosate (commonly known herbicide, referenced for comparison) - https://www.bayer.com/en/agriculture/glyphosate
Paraquat (referenced as a herbicide) - https://www.epa.gov/ingredients-used-pesticide-products/paraquat-dichloride
Be sure go subscribe to our other shows:
Vertical Farming Podcast: https://verticalfarmingpodcast.com/
Greenhouse Success Stories: https://greenhousesuccess.com/
Presented by iGrowNews.com
Instagram: https://www.instagram.com/igrownews
🎙️🎙️🎙️
Discover the best podcast services in the world at The Podosphere: https://www.thepodosphere.com/
Three weeks before we harvest, I talk about potato seed. The
Speaker:moment I talk about pulse crops, I talk about weed barley
Speaker:that's being desiccated at the moment with chemical herbicide
Speaker:including glyphosate. Three weeks before they're being
Speaker:harvested. Where does this chemical
Speaker:herbicide end up in directly in our food.
Speaker:All right, so to kick off this conversation, can you present
Speaker:yourself, your background and how you got involved
Speaker:in Contact Bio Solutions in the first place?
Speaker:Yeah, absolutely. See my name is Frank Glatz,
Speaker:I'm a German Australian entrepreneur.
Speaker:They have worked for 20 years in, in big
Speaker:companies, global kind of roles. They're Australia
Speaker:based and have them focus on the
Speaker:commercialization of environmental technologies
Speaker:globally. This is my third environmental technology startup
Speaker:business. The first two were in plastics
Speaker:where I really globally launched compostable plastics
Speaker:for packaging, for waste diversion, for organic waste
Speaker:and took that business forward. So changed over Nestle to bio
Speaker:based packaging. Beijing Olympics organic waste diversion
Speaker:with factories in Brazil, we had factories in China,
Speaker:supplied Nanjing, Beijing with organic waste
Speaker:bags, similar thing in Brazil and really
Speaker:bedded down the first two businesses and moved into this. This
Speaker:is Contact Biosolutions. So I'm one of the
Speaker:originally three founders but have taken the business forward
Speaker:myself and I'm the founder of our bioherbicide.
Speaker:So if you give a quick background on Contact
Speaker:Bio Solutions. So Contact Bio Solutions,
Speaker:we operate in the ag tech, in the
Speaker:ag bio space. So we really, we
Speaker:are effectively environmentalists that really
Speaker:want to bring to agriculture to the
Speaker:world a better solution. So if you look at
Speaker:herbicides, which is our main market, it's a 35,
Speaker:40 billion US dollar market, it's enormous, it's
Speaker:growing a lot. So what you do with herbicides,
Speaker:you really control weeds that compete for
Speaker:nutrients and water with normal kind of crops.
Speaker:However, as you kill or as you desiccate the weeds with normal
Speaker:herbicides, chemical herbicides, the way they kill or
Speaker:desiccate the weeds, you're not just doing that. You really impact on
Speaker:the environment, you impact on waterways, you impact on
Speaker:residues in food, you impact potentially on your own health.
Speaker:So therefore it's really there is that concept and that's what
Speaker:we're trying to solve. How can we kill or
Speaker:desiccate weeds while we're not having this environmental
Speaker:impacts? So that's where we started in this
Speaker:bioherbicide space. But where originally we come from as a
Speaker:company, we're not herbicidal chemists, we come from
Speaker:health science. So our original founder myself, we
Speaker:developed health supplements. So if you're a sports person
Speaker:and you have knee issues, you usually take glucosamine
Speaker:tablets. I can tell you they don't work. They end up in the
Speaker:stomach and don't go anywhere. So what we have developed
Speaker:in our original kind of technology founder, he has worked for the World
Speaker:Health Organization for the last 30, 40 years developing
Speaker:colloidal technologies which is really delivery
Speaker:technology. So our glucosamine tablets, they're not
Speaker:tablets, but they're liquids. And these liquids being absorbed
Speaker:through the tongue, not through the stomach and they really end up there where they
Speaker:should end up and work really well. So
Speaker:we developed and really built
Speaker:a lot of businesses around colloidal supplements.
Speaker:So in one instance, we used a supplement or colloidal
Speaker:system delivery system to get creams into skins.
Speaker:And it's really like how cream to absorb through
Speaker:through the skin. We combined this then delivery technology
Speaker:with our bioherbicide formulation
Speaker:that you could even Google like. Usually you google non
Speaker:toxic, natural kind of safe kind of herbicide. You
Speaker:usually find a vinegar with a bit of dishwashing liquid, bit
Speaker:of soap, a bit of salt, but it works and
Speaker:doesn't work. But combining that with our delivery technology,
Speaker:we get this active ingredient into the
Speaker:plants. As we spray them, they enter the plants,
Speaker:going to the plants become bioavailable and
Speaker:therefore can work within the system to the strength that they should.
Speaker:So that's really our technology difference. So we're doing
Speaker:herbicidal formulations, they're
Speaker:based on nature. Identical or naturally occurring
Speaker:ingredients have a very
Speaker:clever kind of formulation technology. But the key difference is
Speaker:combining them with delivery technology, making them so much
Speaker:stronger. And so we ended up in version three. Now it's
Speaker:called Firehawk Bioherbicide super
Speaker:concentrate and that is the strongest product on the market
Speaker:as a naturally active occurring ingredient
Speaker:delivered through delivery technology into
Speaker:plants that make the product a very strong and very
Speaker:effective bioherbicide. I got two questions.
Speaker:The first one is how did that jump occur
Speaker:from health to herbicide? Was there a
Speaker:particular moment or was it driven by you guys
Speaker:internally after your conversation, or was it just an
Speaker:opportunity that presented itself? And two, can
Speaker:you share also some stats compared to the traditional
Speaker:bioherbicides compared to yours in terms of efficacy
Speaker:rates? Yeah, absolutely.
Speaker:See effectively. And as I said before, and this is my third environmental
Speaker:technology startup business, I'm an environmental
Speaker:entrepreneur that looks for solutions that make a difference
Speaker:to the world. So
Speaker:therefore our health supplements was the original business
Speaker:of one of our original founders who really developed
Speaker:that technology to make active ingredients
Speaker:bioavailable. Then at One of these
Speaker:days we really looked into that whole kind of crisis as I
Speaker:described beforehand. Pesticides, herbicides, impact on the
Speaker:environment. You know about all these kind of litigations going on,
Speaker:talking about
Speaker:herbicides have an impact on the plants that you kill,
Speaker:but at the same time as you spray, as it
Speaker:ends up in the soils, it has impact on the soil, on the
Speaker:microbiology of the soil. If you eat this kind of
Speaker:product name, they're full of chemical herbicides. There's a
Speaker:lot of discussion at the moment, what impact does it have on your guts?
Speaker:Because the soil and the gut are very similar kind of
Speaker:media. And at the same time, what impact does it have in the long
Speaker:term at a low dose on our society's health?
Speaker:And looking into that one is really, we really wondered
Speaker:how can we really help with that kind of issue? Is there a
Speaker:solution? Our belief system is if you start
Speaker:from a nature identical kind of active ingredient, and in our
Speaker:case was originally a kind of vinegar, or now it's called,
Speaker:it's non anoic acid, which is a fatty acid. We
Speaker:eat these products over the last
Speaker:thousands of years and therefore
Speaker:our bodies and the environment are very familiar with
Speaker:such kind of ingredients because they have been there for thousand and thousands
Speaker:and thousands of years. Therefore the bacteria, they digest
Speaker:in our body or they biodegrade
Speaker:them in a natural kind of environment are used to this kind
Speaker:of system. However, if you look at chemical herbicides
Speaker:are usually new ingredients
Speaker:that break cells, they shut down enzyme
Speaker:reactions, they do whatever. So therefore
Speaker:for me as an environmentalist, I always wondered what do they
Speaker:actually do? So therefore the motivation was not
Speaker:just asking the question, but saying, can we provide a solution
Speaker:there that starts with the bioherbicide? And I
Speaker:come about efficacy in the moment. Some of them they work, some
Speaker:of them they don't work. But if you combine them with
Speaker:this delivery technology that made such a difference for health supplements,
Speaker:can we really create a bioherbicide that has an efficacy that is
Speaker:really not seen beforehand? That was our journey.
Speaker:That's the problem that we want to solve and therefore offer
Speaker:effectively solution where you use a nitro identical product
Speaker:as an active that works. And that was our
Speaker:journey. Talking about that journey, I've never
Speaker:been in my first three businesses now in biobic,
Speaker:I've never been in a bad first meeting. Everyone loves that concept.
Speaker:So which is really like can you really
Speaker:control weeds with a nature identical product that is fully
Speaker:biodegradable, that has no withholding periods,
Speaker:that biodegrades quickly, and the way it desiccates
Speaker:really helps in the soil too. So it's
Speaker:can that really work? And everyone loves that
Speaker:concept. But when you
Speaker:want to move forward, then everyone talks
Speaker:about price and performance. So the environmental
Speaker:conversation gets you into conversation. That is all about performance and
Speaker:price. And that's what we've been working. That's really my
Speaker:expertise over the last three businesses. How can you
Speaker:optimize performance? How can you get the price down? So
Speaker:therefore we, as I mentioned before, and we're not an overnight success.
Speaker:That is a seven to eight year journey. And mainly because
Speaker:of regulatory. But we can talk about that later. But talk about in
Speaker:these seven ideas, we improved our product, improved the performance,
Speaker:improved the performance. And we really looked conceptually on a bioherbicide,
Speaker:which is a so called contact herbicide. We're not systemic.
Speaker:Systemic effectively is you shut down enzyme
Speaker:systems in plants. Effectively you
Speaker:have a poison, I would describe it through the toxicity, you
Speaker:kill. Ours is not, ours is a contact
Speaker:herbicide. We break the cells off
Speaker:a plant, then later on water
Speaker:evaporates in the plant. We dry it out, we desiccate like a hot
Speaker:summer day. And so therefore that's a natural kind of process
Speaker:of drying out and desiccation. However,
Speaker:you need a certain strength potency of the
Speaker:spray. So therefore most bioherbicide cannot be
Speaker:diluted so much. So we worked on dilution, dilution.
Speaker:Dilution. Then the next step, so sorry, our journey
Speaker:has been. We started with our original version. We started
Speaker:then continue to concentrate, continue to super concentrate.
Speaker:So we started from call it 8% active to
Speaker:20% to 49%. We are now at
Speaker:87% active ingredient and no one is in the market
Speaker:at that level. Therefore an 87% active
Speaker:ingredient we can dilute more. So
Speaker:therefore comparing us with
Speaker:other bioherbicide or chemical herbicides, if you look
Speaker:glyphosate or glufosinate, the most widely known chemical
Speaker:herbicide, you dilute by 50 to 100 times.
Speaker:If you look at a bioherbicide, most bioherbicide you can dilute
Speaker:only by 5 to 10 times, 15 times preference.
Speaker:Our super concentrate, we can dilute by 40 to 50 times.
Speaker:So therefore, because of the strength, the potency, through the delivery
Speaker:technology, the high concentration level, we are reaching pretty
Speaker:much chemical herbicide dilution levels where no one is.
Speaker:And that's the first kind of cost driver, the second cost driver.
Speaker:And then again talking about that normal giving
Speaker:idea, a glyphosate. Usually you
Speaker:have a cost structure of $10 per acre.
Speaker:That's what you Usually can run down to if you look at a
Speaker:bioherbicide or if you look at a glufosinate, call it $40 an
Speaker:acre. If you use a bioherbicide, call it first
Speaker:generation products. You talk about $300 to
Speaker:$400 an acre, which is 30 to 40
Speaker:times more than a glyphosate would be. Our original
Speaker:counterfolation, we were coming in around, they call it the
Speaker:$200 an acre with a super concentrate.
Speaker:We're coming down, I call it around
Speaker:$180 per acre just because we
Speaker:can dilute it more. But then of course the game becomes, it's not just
Speaker:dilution level, it's how much you have to apply to be
Speaker:effective. You as a contact herbicide or we as a contact
Speaker:herbicide we have to cover the green parts. We inherently
Speaker:spray more. Hence our cost structure by itself is higher.
Speaker:But we work together then on the technology,
Speaker:it's applications, not just the product, how you
Speaker:apply it. And if you look at contact herbicide where you
Speaker:spray 100 gallons an acre, you lose a lot of product. It's called
Speaker:spray drift. Most of the product ends up on the soil,
Speaker:therefore it's wasted. So we have been working, working, working on that.
Speaker:And we have partners and they call magrotech magnetic spraying. We
Speaker:looked at electrostatic spraying too. But magnetic spraying for our polar has
Speaker:been most efficient. And that's where we really reduce spray
Speaker:rate by 50% to 70%.
Speaker:So therefore we're not spraying at 100 gallons an acre,
Speaker:not down at 50 gallons an acre. We can spray down to 20 gallons
Speaker:an acre and therefore comes the cost structures. So therefore
Speaker:we now deliver in in our applications
Speaker:and we in horticulture applications we're doing
Speaker:regenerative application cover crop desiccations. We
Speaker:can go down to 20 gallons an acre. And therefore we reaching cost
Speaker:structures around $50 an acre
Speaker:where no other bioherbicide is. But we are really
Speaker:approaching chemical herbicide cost structures like as I said,
Speaker:glucosinate, they usually call it 30, $40.
Speaker:We approaching closer and closer. But of course we're
Speaker:not just going that it works. We're not just going that is
Speaker:a good cost. But we have a lot of benefits. And that's really
Speaker:like inherently bioherbicide biodegrades very
Speaker:quickly. We can biodegrade within days, so we have
Speaker:no withholding periods. Chemical herbicides like glyphosate or
Speaker:glufosinate, you have to wait for two or three weeks before you
Speaker:can plant. So you have a Cover crop you
Speaker:plant, then you desiccate. When the COVID crop is at the point
Speaker:before you want to plant your cash crop, you want to desiccate it. But if
Speaker:you desiccate that with glyphosate, you have to wait for two or three weeks
Speaker:because otherwise you can't plant into this kind of system that you
Speaker:sprayed with. Our being a contact herbicide
Speaker:that directly biodegrades or becomes
Speaker:inactive as they hit the soil.
Speaker:You can spray and plant in the same mode and that's
Speaker:called green planting. So what we do, we have a
Speaker:tractor where we have quite often a roller crimp at the beginning
Speaker:when we want to go over cover crops. We can then spray that cover
Speaker:crop to fully desiccate it and we plant directly into it. So we have no
Speaker:withholding periods. And two, we have no kind
Speaker:of maximum residue limits. And the way our product
Speaker:desiccates and therefore brings the goodies back into the soil, we
Speaker:actually feed the bacteria in the soil and the fungi
Speaker:and therefore we benefit the soils. And that is of course
Speaker:great interest. So therefore we offer a system in summary
Speaker:of a bioherbicide that works, that
Speaker:effectively is extremely suitable for applications
Speaker:like cover crop desiccation, horticultural
Speaker:applications, where people are really worried what ends up in
Speaker:the soil or what ends up in the food. And
Speaker:that's our kind of niche market in agriculture. But at the same
Speaker:time we're selling our product to the home and garden user,
Speaker:to municipality and landscaping golf
Speaker:courses. The Harvard University is using it already for years.
Speaker:We are really going to market large scale in that kind of space. But into
Speaker:specialty agriculture, we're not going into broad acre kind of
Speaker:farming. We're not there. But in horticulture,
Speaker:which means vineyards, orchards,
Speaker:nut orchards, cherry orchards,
Speaker:blueberry farms, people where they really produce
Speaker:food or as I said to regenerative where they're really
Speaker:worried about how do I desiccate cover crops.
Speaker:That's where really good and talking about the future we're
Speaker:really interested is really it's pre harvest
Speaker:desiccation. That kind of space where we really
Speaker:where herbicides being used to desiccate
Speaker:and that goes directly into food production. That's really where
Speaker:we want to go. Because a bioherbicide that is already in food, we eat
Speaker:it every day for the last many, many, many years.
Speaker:That's really where we want to go and that's where we do development work.
Speaker:So quick summary of a lot of information
Speaker:where we go, but that's where we coming from. That's where we at.
Speaker:That's where we're going. And it will be big because that's where the
Speaker:whole industry should go, I believe. Okay,
Speaker:perfect. So in recent years, in recent years,
Speaker:you just cleared California's DPR which is
Speaker:considered by many as one of the toughest regulatory
Speaker:gates in US Agriculture, at least. Totally
Speaker:agree. What did that process look like and how
Speaker:long did it take? So we have been, as I said, we're not
Speaker:an overnight success. Can't claim that, won't claim that.
Speaker:We always had a new approach to the herbicide, as
Speaker:you heard. So this is not just formulation chemistry
Speaker:as most of us do do. Another chemistry, another
Speaker:chemistry. No, this is about how to deliver products
Speaker:of nature, identical nature into plants
Speaker:that they can work the way they should work.
Speaker:So based on that, a lot of governments trying to promote this
Speaker:kind of so called bioherbicides, Nature identical bioherbicides.
Speaker:When I met the first time EPA in Washington, that was seven,
Speaker:eight years ago, I described to them our product.
Speaker:They have a bioherbicide group which is great. And they said, hey,
Speaker:we really like what you have. We believe it's tough.
Speaker:But if you have all the data, if you submit, have all the data, it
Speaker:should take two to three years to get your approval based on what we hear.
Speaker:So that's where we started with that expectation. But then the
Speaker:summary is, then all these glyphosate litigation started
Speaker:and the response to EPA was not
Speaker:that therefore they made situations for
Speaker:bioherbicides easier to get approved. No, the
Speaker:journey became much more difficult. So we had to
Speaker:approve not just our product formulation, they
Speaker:asked us to do first our active ingredients. So it took us
Speaker:two years to get the active ingredient, which is non anoic acid.
Speaker:It's a super clean product. It's pretty much approved in
Speaker:US and Europe, in Australia as a preferred kind of biological
Speaker:kind of product. But they pushed us back to had to go
Speaker:through the approval process which took us two years. Then afterwards
Speaker:we had to do our formulation which took another
Speaker:kind of two years. Then what we learned,
Speaker:you have to go in years through all states. Some of
Speaker:the states then pretty much approve what EPA
Speaker:approved. But as you said, and
Speaker:I would say 46 states are pretty much falling that apart.
Speaker:It usually takes, call it three to six months depending on how
Speaker:fast they act. But then comes CDPR and
Speaker:CDPR took more than one quarter of a year
Speaker:despite having full approvals beforehand. And there
Speaker:again see we have a super concentrate at the moment.
Speaker:So we have a concentrate that's fully approved. The super concentrate goes through this
Speaker:approval process, but there's a long waiting period
Speaker:until you finally enter that process. So it's not just
Speaker:a pretty kind of tough approval process, but a lengthy
Speaker:period that you just sit around and wait to get into the systems.
Speaker:So therefore our journey has taken us six to seven years
Speaker:get approved. As you said, we're fully approved with our
Speaker:concentrate in all states including California. Our
Speaker:spray mixture that people use in all states including
Speaker:California, the super concentrate is approved in
Speaker:47 states already. We're waiting for
Speaker:Washington, New Hampshire and California. We're in that
Speaker:approval process. We have put forward so 30
Speaker:petitions have gone through from cities in
Speaker:California to big users in California, big railway
Speaker:system producers, individuals to make sure that we
Speaker:fast tracked. But current expectation that that
Speaker:super concentrate will be approved by September, October
Speaker:if there's no further delays. But if our fast track petition
Speaker:works, last time it worked, we should be in by September. And
Speaker:people really lining up in specialty in
Speaker:municipality, in in golf
Speaker:courses, in parks and gardens, specialty crop, especially
Speaker:agriculture for that super concentrate in California. So
Speaker:yeah, we're very excited about getting it across all the country,
Speaker:the states in the US but particularly California because
Speaker:there's a big demand for that kind of product based on the performance we've been
Speaker:demonstrated independently because for really
Speaker:for quite a while going forward. Yes.
Speaker:Okay. And since you already from my
Speaker:understanding also had like some of the approvals in Japan and
Speaker:Australia, how does that regulatory process in
Speaker:the US compare to the other markets you're present in?
Speaker:There is no market that has easy regulatory approval
Speaker:processes that does not exist. They're
Speaker:all different. So therefore if you look
Speaker:where the difference sits in Australia we
Speaker:nonenoic acid as I said is a fully well
Speaker:understood active ingredient. Therefore Australia
Speaker:accepts it without going through a separate approval process
Speaker:as long as you have an approved kind of ingredient that's in the system.
Speaker:So therefore it has taken us still formulation.
Speaker:EPA has approved our formulation faster than
Speaker:Australia. But we didn't need in Australia that non anoic
Speaker:assets technical approval. So therefore it still has taken us
Speaker:50 months. We in wind market as of
Speaker:two months ago in Australia we even approved
Speaker:organic certified for our products. That's not the case in
Speaker:US So every country has a different kind of system.
Speaker:But Australia we approved and we
Speaker:accelerating to market. And we are, we're, we have a
Speaker:market launch just within the next two weeks. But really
Speaker:we're waiting for September August, which is the main
Speaker:spring market launch where we go large
Speaker:scale in the Australian markets that will be again
Speaker:home and garden municipality in
Speaker:universities and public parks. And gardens and
Speaker:especially agriculture where we have a lot of interest
Speaker:in organic certified products in Australia. But at the same
Speaker:time specialty horticulture, specialty agriculture,
Speaker:which will really accelerate a lot In Japan it's different again
Speaker:in our type of product being a bioherbicide and so is the
Speaker:case in New Zealand, they're relatively easy to approve in
Speaker:non agricultural applications which we have approved.
Speaker:So the agricultural processes, they still take one
Speaker:to two years which we're submitting at the moment. So we're doing the same in
Speaker:Canada, we're doing the same in Mexico. At the moment agriculture
Speaker:is a bit more demanding but not as lengthy as it
Speaker:is in the US including California. Europe is
Speaker:as I mentioned here, I'm at the moment in Europe to set up
Speaker:and start the European regulatory processes.
Speaker:They're as demanding as us. They're different.
Speaker:Again it won't be as
Speaker:difficult to get our product formulation approved but it's a lengthy process
Speaker:in efficacies. So in California we're doing efficacies
Speaker:too, but they don't take so long. In Europe they take longer because
Speaker:we have to go to two to three growing seasons
Speaker:in three kind of climate conditions.
Speaker:It's a two to three year process based on the
Speaker:efficacy and that's what we process. So the summary, there's
Speaker:nowhere an easy process, but they're all similar but
Speaker:different. But the wonderful thing, and as you said
Speaker:you're interested in looking financial kind of backgrounds and so on.
Speaker:The challenge of course is not just having a great product, getting through the
Speaker:regulatory, getting the funding of course, but the wonderful
Speaker:thing is we're fully funded, hence we're doing Europe now
Speaker:we're growing by 10 times, particularly in US because there's a strong
Speaker:demand, we have a great product, works really well in the application
Speaker:we're choosing. We're not doing everything in the market. We are very, very
Speaker:focused on what we do. We know where we're good, we
Speaker:know where there's a demand, we know where people
Speaker:get a positive return on investment to
Speaker:use our kind of product. And that's really what we're going focus
Speaker:and going global and that's what we're doing one after the other. So at
Speaker:the moment in the super concentrated in the US in agriculture,
Speaker:we're having five large case studies at the moment, they're all for one
Speaker:year plus where we're really looking at
Speaker:really return of investment for our customers, for
Speaker:our farming users where they really tell
Speaker:us what they want, what they want to achieve. But we're
Speaker:going in a One year kind of process because we can demonstrate the
Speaker:benefits for their system, how they
Speaker:work, because it's our product. And
Speaker:you know that the more glyphosate you use, the more you
Speaker:undermine the soil microbiology, the more kind of
Speaker:fungi create issues. Therefore,
Speaker:as you spray more glyphosate, you have to spray more fungicides.
Speaker:Then that's just inherently so it's if you
Speaker:spray more and more glue phosphate, that has an impact on
Speaker:particular, on example cherry trees, you have certain kind
Speaker:of impact on the overall system. So
Speaker:our product being fully biodegradable, then as
Speaker:we biodegrade, you can see better. With so many case
Speaker:studies, if you spray in vineyards and see we're used in
Speaker:approximately 50 vineyards in Australia at the moment, which is our home market,
Speaker:we have been spraying our product for the last three, four years, what people
Speaker:see. And we have done it in
Speaker:500 acre, thousand acre operation over years
Speaker:we competed. Usually they do two sprays. A double knock they
Speaker:call it. First a glyphosate spray, then a paraquat spray.
Speaker:It's shocking what they're doing. It's not allowed anymore in Europe, but that's what
Speaker:they do in Australia to really deal with broadleaf weeds
Speaker:and then deal with grass weeds. So we sprayed over
Speaker:years and they usually spray six to seven times. They spray first
Speaker:in spring, a herbicide spray, then a sucker
Speaker:spray, a second sucker spray, then a herbicide spray, then the harvest
Speaker:and the post harvest spray, pre winter spray, sometimes in between.
Speaker:Depends on weather. They're spraying all the time. They're
Speaker:chemical operations really. Then they have fungicide sprays, they have
Speaker:other sprays, they're spraying all the time. So we sprayed in the same
Speaker:regime with our product, only we didn't need more
Speaker:sprays. But our first spray is a weaker spray. The second
Speaker:one spray is getting under control. And
Speaker:then we have a sucker spray. Our product works really well in suckers, then another
Speaker:kind of sucker spray. So over a whole year we didn't need more
Speaker:sprays. Our product got better and better. And then what they
Speaker:saw the next year, in next spring, they were
Speaker:confused. They had more green there, they had more weeds.
Speaker:And then we were talking with why did they have more weeds? Because the
Speaker:soil got better, because you have more
Speaker:bioactivity in the soil. We found more worms in the
Speaker:soil. So therefore the second year our
Speaker:soil got much better as we progressed. And they
Speaker:loved it. But they then said, frank, unfortunately, too expensive.
Speaker:But we're coming back now in that combination. A super
Speaker:concentrate that's organic Certified combined with a magnetic
Speaker:sprayer. We're hitting the targets and they're very keen to
Speaker:work with us because it's not the question whether product work.
Speaker:It's different way of working. It's a contact herbicide. You have to understand,
Speaker:you have to learn about it. But as we combine it with improving
Speaker:soil improving kind of less fungicides, we can
Speaker:combine our product with the feed nutrients,
Speaker:we can do it with our product. Usually they can't feed
Speaker:calcium combined with glyphosate because glyphosate
Speaker:takes it out, it doesn't work together and glyphosate takes more and more
Speaker:nutrients out. They bonded our product. Not
Speaker:so it's really, that's what we're doing in big case studies
Speaker:in vineyards, in
Speaker:pistachio farms, in almond farms, in apple
Speaker:oats, in grape growing, big scale over one
Speaker:year where we really showed people how it works, where
Speaker:the benefits are, what's the return on investment is.
Speaker:And that's with our spring next year big market
Speaker:launch in specialty crop in US we will have the
Speaker:numbers to really demonstrate how that works, how a
Speaker:biological system works at what's the cost, what's the
Speaker:benefit, how you do it. And we're fully funded, we have the
Speaker:resources to support, we have the sprayers available
Speaker:to teach them and yeah, that will be fun.
Speaker:So there will be a lot of growth and looking forward to that.
Speaker:Nice. And before we started recording this
Speaker:call, you mentioned that you've relocated your headquarters to
Speaker:Pasadena. Yes, that's right. See, we're in Australian business.
Speaker:If you look, we are three cornerstone funders.
Speaker:It's a large Taiwanese company, it's an Australian rich
Speaker:person and myself. So we're the three main funders. We kept it in house,
Speaker:we looked at venture capital, but that was all. Not yet, not yet.
Speaker:So we did it ourselves. And again, the advantage of that is
Speaker:our main fund of the Taiwanese business is a billion dollar business. They have
Speaker:the funds, they love what we do, they know that the journey takes a
Speaker:while, but they see the big, big opportunity and we are in a
Speaker:very lucky position to have such a partner that carries that
Speaker:through. So therefore based on that, we're still Australian based, but
Speaker:80% of our business at the moment is in the U.S. therefore
Speaker:most of our people work in the U.S. we moved our
Speaker:U.S. headquarters from the Midwest, Iowa to
Speaker:Pasadena, California because California
Speaker:produces most of food products for the US
Speaker:and that's pretty much our sweet spot. So our chief operating officer
Speaker:is based in Central valley. We have 10
Speaker:people pretty much West Coast U.S. several people on the east coast too.
Speaker:But the hub is really us. The same what we're
Speaker:doing. See, currently we manufacture product in
Speaker:Asia, in Thailand, but we have already
Speaker:approval for US manufacturing. So we're fully EPA approved
Speaker:for us. And as we ramp up sales and get full
Speaker:Californian approval for spring next year, we will
Speaker:manufacture the products in the US where we're fully EPA approved.
Speaker:We have warehousing already east coast, west coast, strong
Speaker:warehousing logistics and have a top team in sales
Speaker:and business development and logistics. And usually when I'm not in
Speaker:Australia, not globally traveling, I'm a lot in the in the
Speaker:US because it's a very, very major market. We're very
Speaker:close. If you look at our advisory boards, we have key players in
Speaker:regenerative farming. We're embedded in regenerative farming.
Speaker:Originally Gabe Brown, he's very famous in regenerative
Speaker:farming, was our founding advisory board member, Ray
Speaker:Artseller. Still we have Martin Crompton.
Speaker:We have a lot of people really supporting us on the journey because regen
Speaker:farming, improving the soil, being a bioherbicide
Speaker:is a very important part. So we just talked at the
Speaker:Regeneration, American Regeneration. We were on the
Speaker:roundtable with RFK Jr.
Speaker:Again, a lot of interest on looking on
Speaker:food. Of course, as you know with the Maha movement, very much
Speaker:kind of clean food regenerative farming with nutrient
Speaker:developing again, nutrient and nutrient dense foods
Speaker:very much fits what they do. We very much provide an angle to that.
Speaker:And hence, yeah, US business is very important to us and
Speaker:that's where we put a lot of resources in there. And very part of
Speaker:that movement that wants to provide better food to
Speaker:the world, in particular to American consumers. Yeah. And that's what we do.
Speaker:Nice. Well, now we're moving on to the last part of
Speaker:our conversation and I have a question and that question
Speaker:is kind of a crystal ball question I ask everyone,
Speaker:let's say the year is 2035. Where is your
Speaker:company at? See, that
Speaker:is in nine years. We are
Speaker:very focused what we do. And as I mentioned to you, this is my
Speaker:third environmental technology startup business. I
Speaker:have learned the hard way that as a startup business,
Speaker:environmental technologies, you have very committed people,
Speaker:great opportunities, but the very risk is you
Speaker:do another new thing, another new thing, another new thing and you don't get there
Speaker:where you want to be. So the way I set
Speaker:up this business, we're highly motivated, very
Speaker:professional, we're scaling at the moment.
Speaker:Scaling needs focus. We
Speaker:have every day a new idea, but we only
Speaker:focus where the product fits. Where there's a
Speaker:return on investment for our customers and
Speaker:where the product performs. Because we're operating at a $40 billion
Speaker:market, it's not an issue on market, but
Speaker:it's where does it work. So we're very focused on
Speaker:what are the applications we're doing. As I said, we're in the home and garden
Speaker:market, which is really driven. People don't want to
Speaker:spray chemical herbicide around their
Speaker:homes, gardens, pets, children, whatever.
Speaker:Then we're very focused on municipality, public
Speaker:spaces, you, universities, where they again saying
Speaker:we don't want to use these kind of toxins anymore. Where we
Speaker:operate, we can really offer a good kind of product. Then the other one is
Speaker:we in agriculture. I would call it more specialty agriculture. We're
Speaker:not in broad acre where it's only about price, low cost,
Speaker:lowest fry rates. No, we're looking where is the value return
Speaker:on investment where people go directly into food
Speaker:or linked to food route. That's what we do. And we're going
Speaker:global. So it will take us three to four years
Speaker:to get Europe approved. So in 2035
Speaker:we're really ramping up in Europe big scale. We're really
Speaker:large in us but see where we
Speaker:really want to be. And as I mentioned to you before, and if you look
Speaker:about the Maha movement that I mentioned before, and it's about clean food,
Speaker:I believe chemical herbicides being used for
Speaker:desiccating fruit crop
Speaker:three weeks before we harvest. I talk about potatoes here at
Speaker:the moment. I talk about pulse crops, I talk about weed barley
Speaker:that's being desiccated at the moment with chemical herbicide,
Speaker:including glyphosate, three weeks before
Speaker:they're being harvested. Where does this chemical
Speaker:herbicide end up in Directly in our food.
Speaker:If you look potatoes you desiccate with
Speaker:chemical herbicide, the plants
Speaker:shrivel up. Where does the shrivel up juices go
Speaker:to? In the spots. What are we eating? The
Speaker:spots. That's what I want to offer our
Speaker:bioherbicide. It's in food. It's a natural
Speaker:fatty acid. We eat every day. We just
Speaker:optimize them for desiccation
Speaker:and therefore using our product that has no withholding
Speaker:periods, that have no maximum residue
Speaker:limits and it's a great desiccant
Speaker:as a super concentrate combined with a magnetic
Speaker:sprayer. I believe we have a real, real offering there
Speaker:for that kind of market. Yes, we need
Speaker:a bit more help. Probably some government support
Speaker:would be absolutely wonderful to sign because product
Speaker:works. But we need scale, more scale and
Speaker:therefore cost structures. But we have everything ticked off
Speaker:ready to go. But that's the journey will not happen in two
Speaker:or three or four years. That will take eight to nine
Speaker:years. Talk 2035 my vision of a
Speaker:billion dollar business that offers a
Speaker:bioherbicide and see in a
Speaker:40 billion that's just 2% of the market
Speaker:but that just makes sense. And you have that
Speaker:wonderful combination of a real high
Speaker:performing product that works for the application but really benefiting
Speaker:consumers, users, the environment
Speaker:in a very nice way. And of course giving our investors
Speaker:a very nice payback for that long term journey they have been
Speaker:on us. And that's my vision for the next nine years. And again we do
Speaker:other products too but stay focused in the $40 billion
Speaker:market. And we want to really make a difference
Speaker:to the world because this will make a big
Speaker:difference. That's what we are. That's what we're
Speaker:teaching. All right, perfect. Well Frank, thank
Speaker:you very much for your time and for this insightful conversation. If
Speaker:people want to connect with you or contact you, how can they do
Speaker:so see it's send me an email.
Speaker:It's
Speaker:f.gladsontactbiosolutions.com
Speaker:Happy to send it. We should send it out as part of a podcast
Speaker:because we want to hear from people we're working
Speaker:closely with consumers we startup is we have to be careful that we're not
Speaker:getting totally diverted. But again people giving
Speaker:them a chance to be listened to provide their kind of
Speaker:inputs, they should directly send the note to me and
Speaker:we will respond and we're happy to engage. We want to engage because
Speaker:we want to offer something that makes a difference.