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CubicFarm Systems Corp V.CUB

Alternate Symbol(s):  CUBXF | V.CUB.DB

CubicFarm Systems Corp. is a Canada-based local chain agricultural technology company. The Company provides automated on-site commercial scale food and livestock feed technologies through research and development, manufacture, and sale of hydroponic growing systems. The Company operates through two segments: Feed Division and Fresh Division. The Feed Division segment operates using the Company’s HydroGreen technology for growing nutritious livestock feed. The Company's Fresh Division segment operates using the CubicFarm System, which contains CubicFarms technology for growing leafy greens and other crops. The HydroGreen System performs various growing functions, including seeding, watering, lighting, harvesting, and re-seeding. The CubicFarm System grows leafy greens, herbs, and microgreens. Its subsidiaries include CubicFarm Manufacturing Corp., CubicFarm Innovation Corp., CubicFarm Services Corp., CubicFarm Produce (Canada) Corp. and CubicFarm Capital Corp., among others.


TSXV:CUB - Post by User

Comment by bandit69on Nov 18, 2022 11:37pm
344 Views
Post# 35112221

RE:q3 results on cub

RE:q3 results on cub
therealmccoy wrote: q3 results from cub.....  nothing too "surprising"..... sales are "lacklustre" at best,,, will watch the upcoming quarterly results to see if management in place now can turn things around (cost cutting measures,, improve sales/margins)......

somewhat ironic that the price of lettuce is literally going through the roof and cubic can't seem to capitalize on this.....

the former bevo agro went into cannabis production/growing with the "zenabis deal"..... it probably took them a long time to go back into their original line of propagating vegetables and what not.... in my opinion they should have stayed in propagating veggies and flowers (dope was a dopey deal....)


haha yes, too funny and they were perfectly positioned for a lettuce shortage. 

I would tend to agree with you, maybe sticking in their realm of competence (as Buffett says) would have been a good idea by the looks of results of CUB and Zenabis.
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