Cibus Inc., a leading agricultural technology company, and Interoc, a prominent provider of agricultural solutions in Latin America, have announced the execution of a non-binding Letter of Intent (LOI) to commercialize co-developed herbicide-tolerant $(HT)$ rice traits across key rice-producing markets in Latin America. Building on their successful research and development collaboration and an existing material transfer agreement, the companies plan to initiate commercial sales in Ecuador and Colombia in 2027, with subsequent expansion into Peru, Central America, and the Caribbean. The partnership aims to accelerate the adoption of HT rice traits and achieve strong market share in these regions.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Cibus Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9619558-en) on January 05, 2026, and is solely responsible for the information contained therein.