VANCOUVER, British Columbia, February 15, 2022 – CubicFarm® Systems Corp. (“CubicFarms” or the “Company”) (TSX:CUB), a leading local chain agricultural technology company, today announced a new Nebraska-based HydroGreen Certified Dealer, Central Confinement Service LLC (“CCS”), with initial sales commitments for 12 HydroGreen indoor growing systems in 2022 valued at CAD$2.25 million.
Total sales commitments to date from members of the HydroGreen Certified Dealer Network include more than 100 modules in 2022, valued at over CAD$23 million.
CCS is a leading designer and builder of turn-key livestock and agriculture facilities with more than 35 years of experience providing quality construction and custom-built equipment to livestock producers.
“Giving farmers consistent fresh feed for their herds in any weather is a weight off their shoulders, and we can appreciate how simple and efficient it is to grow indoors with the automated HydroGreen technology,” said Brian Turner, Chief Executive Officer, CCS. “We’re seeing impressive results for animal nutrition and herd health. Dairies that want to optimize their transition cows and producers selling beef will see significant benefits from using HydroGreen.”
“At CCS, we pride ourselves in offering top-notch service from start to finish for our customers,” Turner continued. “Becoming a HydroGreen Certified Dealer is another way we’re offering the best options to the farmers who need reliable on farm feed.”
“We’re thrilled to welcome CCS to our growing HydroGreen Certified Dealer Network,” said Dan Schmidt, President, HydroGreen. “CCS is a well-known and trusted by ranchers and will help local farmers in Nebraska and the surrounding areas with support for fresh livestock feed with sales of our HydroGreen technology.”
CubicFarms is a leading local chain agricultural technology company developing and deploying technology to feed a changing world. Its proprietary ag-tech solutions enable growers to produce high quality, predictable produce and fresh livestock feed with HydroGreen Nutrition Technology, a division of CubicFarm Systems Corp. The CubicFarms™ system contains patented technology for growing leafy greens and other crops onsite, indoors, all year round. CubicFarms provides an efficient, localized food supply solution that benefits our people, planet, and economy.
For more information, please visit www.cubicfarms.com.
On behalf of the Board of Directors
Dave Dinesen, Chief Executive Officer
This release may contain certain “forward-looking statements” or “forward-looking information” under applicable securities laws. Forward-looking terms such as “may,” “will,” “could,” “should,” “would,” “plan,” “potential,” “intend,” “anticipate,” “project,” “target,” “believe,” “plan,” “outlook,” “estimate,” or “expect” and other words, terms and phrases of similar nature are often intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Forward-looking statements are based on certain key expectations and assumptions made by the Company including but not limited to statements with respect to the achievement of dealer sales commitments. Although management of the Company believes that the expectations and assumptions on which such forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements because the Company can give no assurance that they will prove to be correct.