Stevia First Corp. (OTC: STVF), a vertically-integrated stevia enterprise in the U.S., is looking to capitalize on the growing adoption of stevia as a sweetener. STVF’s operations are located in California’s Central Valley, which is one of the world’s most productive agricultural regions.
Last week, Stevia First announced the acquisition and delivery of stevia seed stock and tissue culture destined for regional trials and advanced studies. The company said that the initial shipment of commercial grade stock is from a large foreign grower and processor of stevia extracts.
STVF will examine the seeds for use as a baseline varietal aimed at launching its study of plantation scale cultivation in the area.
On Wednesday, Stevia First said that it secured a lease for its first major land position towards the development of a 1,000 acre base of commercial stevia operations. STVF has determined hundreds of acres of area within the leased 1,000 acre land that appears to offer conditions suitable for stevia planting after completion of typical ground preparatory efforts and fertilization.
As the STVF continues to make steady progress, the company’s shares have remained in focus over the last two months. Since March 6, STVF shares have risen more than 50%.
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