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0.0729629629629629 0.0729629629629629 0.0729629629629629 -2.05596856412066E-16 0.022222222222222 0.0366666666666665 -0.0555555555555556 -0.0740740740740741
Stock impact report

SG DEVCO & Resource Group US to Pioneer Climate-Change Friendly Land Development Initiative via Joint Venture

Safe and Green Development Corporation (SGD) 
Company Research Source: PR Newswire
MIAMI, Sept. 20, 2024 /PRNewswire/ -- Safe and Green Development Corporation ("SG Devco" (NASDAQ: SGD), a leading real estate and technology development company, today announced the formation of a joint venture with Resource Group US LLC ("RGUS"), a renowned expert in compost production and soil rejuvenation technologies. The Joint Venture (JV) aims to restore degraded lands across the United States, starting in Southwest Florida and evolving into a national production schedule as part of the growth efforts. This partnership brings together RGUS's Soil Rescue compost technology and SGD's land development expertise to rehabilitate nutrient-deficient land for agricultural, commercial, and residential uses.The initial phase of the JV will focus on a pilot project at RGUS's Myakka City, FL site, a former phosphate mining area. The project will validate the effectiveness of RGUS's compost technology in revitalizing depleted soils, with long-term plans to expand the methodology across North Show less Read more
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