1 (888) 280-9076

Category: Press Releases

Leading ag-tech investor Ospraie Ag Science increases ownership stake in CubicFarms from 19% to 25%

VANCOUVER, BC, AUGUST 7, 2020 – CubicFarm® Systems Corp. (TSXV:CUB) (“CubicFarms” or the “Company”) is pleased to announce that Ospraie Ag Science, LLC (“Ospraie”) purchased 7,500,000 common shares of the Company pursuant to private share purchase agreements at a purchase price of C$0.70 per common share for total consideration of C$5,250,000 (the “Transaction”). Before the…
Read more

CubicFarm Systems Corp. announces appointment of Sandy Gerber as Head of Marketing

VANCOUVER, BC, AUGUST 4, 2020 – CubicFarm® Systems Corp. (TSXV:CUB) (“CubicFarms” or the “Company”) is pleased to announce the appointment of Sandy Gerber as Head of Marketing, effective immediately. As Head of Marketing for CubicFarms, Ms. Gerber is responsible for creating and launching a global marketing strategy that successfully positions CubicFarms in the market and…
Read more

CubicFarm Systems Corp. announces execution of Letter of Offer with BDC for C$5 million in financing

VANCOUVER, BC, JULY 23, 2020 – CubicFarm® Systems Corp. (TSXV:CUB) (“CubicFarms” or the “Company”) is pleased to announce that it has entered into a Letter of Offer of financing with BDC Capital Inc. (“BDC”), a wholly owned subsidiary of Business Development Bank of Canada. BDC’s Cleantech Practice has agreed to provide CubicFarms with growth capital…
Read more

CubicFarms attracts $1.16 million investment from leading dairy entrepreneur Harry DeWit and company insiders

VANCOUVER, BC, JULY 15, 2020 – CubicFarm® Systems Corp. (TSXV:CUB) (“CubicFarms” or the “Company”) is pleased to announce a non-brokered private placement with Harry DeWit and company insiders, involving the issuance of 1,659,600 common shares of CubicFarms at a price of C$0.70 per share for gross proceeds of up to C$1,161,720 (the “Offering”). Insiders participating…
Read more

CubicFarms selected by Okanagan farming group to bring commercial-scale year round growing to the region

CubicFarms announces sale of 16-machine commercial-scale system in Armstrong, BC VANCOUVER, BC, JULY 10, 2020 – CubicFarm® Systems Corp. (TSXV:CUB) (“CubicFarms” or the “Company”) is pleased to announce that its automated, controlled-environment system has been selected by a new customer to grow commercial quantities of leafy greens for retail markets in the Okanagan region in…
Read more

CubicFarms Basil

CubicFarm Systems Corp. announces stock option grant

VANCOUVER, BC, JUNE 18, 2020 – CubicFarm® Systems Corp. (TSXV:CUB) (“CubicFarms” or the “Company”) announces that its Board of Directors has approved the grant of 3,670,000 stock options pursuant to the Company’s Stock Option Plan, subject to regulatory approval. The stock options are exercisable at a price of $0.63 per share, with one third vesting…
Read more

CubicFarms leverages its expertise in controlled-environment agriculture and announces launch of new Control Room system and sale to career field farmer and entrepreneur

VANCOUVER, BC, JUNE 18, 2020 – CubicFarm® Systems Corp. (TSXV:CUB) (“CubicFarms” or the “Company”) is pleased to announce the launch of its new Control Room system for sale to growers looking to grow crops more efficiently by controlling every aspect of the growing environment. CubicFarms’ Control Room is assembled inside its proprietary  stainless steel, fully…
Read more

CubicFarm Systems Corp. issues third quarter financial results

Vancouver, BC – (AccessWire – May 29, 2020) – CubicFarm® Systems Corp. (TSXV:CUB) (“CubicFarms” or the “Company”) today reported its financial and operating results for the three months ended March 31, 2020. CubicFarms CEO Dave Dinesen commented: “We had an eventful quarter highlighted by the landmark strategic investment by top ag-tech investor Ospraie Ag Science,…
Read more

CubicFarm Systems subsidiary HydroGreen to host webinar on May 27 to discuss the future of sustainable dairy and how indoor controlled-environment feed production helps address challenges of feed security, supply logistics and nutritional consistency

Vancouver, BC – (AccessWire – May 25, 2020) – CubicFarm® Systems Corp. (TSXV:CUB) (“CubicFarms” or the “Company”) is pleased to announce that John de Jonge and Brandon Peterson from its HydroGreen subsidiary will be presenting at the Global Dairy Farmers “Indoor controlled feed production – the future for sustainable dairy?” webinar on May 27, 2020,…
Read more

CubicFarm Systems Corp. announces permanent Chief Financial Officer and new Head of People

Vancouver, BC – (AccessWire – May 19, 2020) – CubicFarm® Systems Corp. (TSXV:CUB) (“CubicFarms” or the “Company”) is pleased to announce the appointments of Tim Fernback as its permanent Chief Financial Officer, and Jacqui Noftall as Head of People, effective immediately.  In March, CubicFarms announced the appointment of Mr. Fernback as interim Chief Financial Officer.…
Read more