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Bullboard - Stock Discussion Forum
CubicFarm Systems Corp
V.CUB
Alternate Symbol(s):
V.CUB.DB
|
CUBXF
Consumer Defensive
Farm Products
CubicFarm Systems Corp. is a Canada-based local chain agricultural technology company. The Company is engaged in developing and deploying technology to feed a changing world. The Company’s proprietary ag-tech solutions enable growers to produce quality, predictable produce and fresh livestock feed with HydroGreen Nutrition Technology. The CubicFarms system includes patented technology for...
growing leafy greens and other crops onsite, indoors, all year round. Its HydroGreen’s Automated Vertical Pastures technology utilizes a unique process to sprout grains, such as barley and wheat, in a controlled environment with minimal use of land, labor, and water. HydroGreen’s fully automated indoor growing technology performs all growing functions including seeding, watering, lighting, harvesting, and re-seeding all with the push of a button to deliver nutritious fresh forage for livestock without the typical investment in fertilizer, chemicals, fuel, field equipment, and transportation.
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Bullboard (TSXV:CUB)
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(2774)
•••
therealmccoy
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Comment by
therealmccoy
on Oct 17, 2022 9:32pm
RE:Closed Chapter
have always enjoyed your posts and insights into Cubic Farms (CUB),,, thank you bandit69 for them..... it will be interesting to see what happens to CUB in the upcoming months.... i thought a
...more
(444)
•••
bandit69
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Post by
bandit69
on Oct 13, 2022 1:58pm
Closed Chapter
Well, I think I've finished writing about CUB's past life. All of what I wrote about for over a year in advance came to fruition in the last 2 months. They may make it through but
...more
(1)
•••
Trader124
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Post by
Trader124
on Oct 10, 2022 10:23am
risky
This look like a typical penny stock. No profit, stock price plumetting and most likely a reverse split is coming soon. Be carefull with this one. Good luck
(30)
•••
ARIMA11
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Comment by
ARIMA11
on Oct 07, 2022 3:03pm
RE:RE:Interesting
https://www.bloomberg.com/news/articles/2022-09-14/plenty-to-build-world-s-largest-indoor-vertical-farming-complex? Plenty to Build ‘World’s Largest’ Indoor Vertical Farming Complex: The $300
...more
(444)
•••
bandit69
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Comment by
bandit69
on Oct 03, 2022 6:47pm
RE:Interesting
None of them make any money. Many have gone bankrupt regardless of the list of positives about saving water, no pesticides/herbicides, etc. There is something to be said about that and
...more
(30)
•••
ARIMA11
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Post by
ARIMA11
on Oct 03, 2022 1:53pm
Interesting
https://www.bloomberg.com/news/articles/2022-09-09/investors-eye-vertical-farms-amid-record-heat-and-droughts? Currently, most vertical farmers lack scale, making it tough to raise money via stock
...more
(0)
•••
PressRelease
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Post by
PressRelease
on Sep 20, 2022 7:14pm
New Press Release - CubicFarm Systems Corp. Announces Completion of $6.4 Million Senior Secured Term Loan
VANCOUVER, BC, Sept. 20, 2022 /CNW/ - CubicFarm® Systems Corp. ("CubicFarms" or the "Company") (TSX: CUB), a leading local chain agricultural technology company, announced that it has completed the closing of a CAD6.4 million secured revolving term loan (the "Term Loan") to support business...
read article.
(444)
•••
bandit69
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Comment by
bandit69
on Sep 18, 2022 11:01pm
RE:RE:RE:RE:RE:The Overhead
Hi therealmccoy. That's interesting. I didn't realize CUB was a spin out from Zenabis but I remember you mentioned Zenabis before and I did look up some history. It's not
...more
(2774)
•••
therealmccoy
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Comment by
therealmccoy
on Sep 18, 2022 12:21pm
RE:RE:RE:RE:The Overhead
great points bandit69,, really appreciate your posts and points on Cubic Farms.... it'll be interesting to see how things go for CUB going forwards.. i did a tour of Bevo Agro (pre-Zenabis) and
...more
(444)
•••
bandit69
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Comment by
bandit69
on Sep 16, 2022 2:17pm
RE:RE:RE:The Overhead
Hi Randomguy25, I like to see strong financial health for any business so the same applies here. I've written ad nauseam here about their cash burn rate since early last year and no sales to
...more
(23)
•••
RandomGuy25
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Comment by
RandomGuy25
on Sep 15, 2022 11:50am
RE:RE:The Overhead
Bandit, What are the things that would make you a buyer versus a fence sitter? What would you like to see in their updates going forward? Below what valuation do you think they will receive a
...more
(444)
•••
bandit69
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Comment by
bandit69
on Sep 14, 2022 2:49pm
RE:The Overhead
Moving fast. Let's recap. - they announced funding today via a 6.25MM loan at 10% (not bad for such a high risk so maybe there is lender confidence there??) so they have some liquidity
...more
(444)
•••
bandit69
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Post by
bandit69
on Sep 12, 2022 9:32pm
The Overhead
What a difference a month makes. Wow. Can you say mess? August 15th earnings were released with an announcement of downsizing. It is apparent that was not enough and more was needed
...more
(2774)
•••
therealmccoy
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Post by
therealmccoy
on Sep 09, 2022 10:11pm
interesting news tonight
very interesting news tonight on CUB..... i've always thought a management shakeup was required.... might be a case of "too little/too late"...... will see.... still following
(444)
•••
bandit69
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Comment by
bandit69
on Aug 15, 2022 2:54pm
RE:Q2 Financials
Q2 results out today and I had a quick scan. Nothing surprising in them. I read the news release too and note they are laying, or have laid off, some staff. Weird to hire then
...more
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