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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CubicFarm Systems Corp

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Post by bandit69on May 06, 2021 3:11pm

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Post# 33143047

Inventory

I went back to look at the financials. Note 8 says inventory is containers. About $4.8MM worth at cost. This is good. How many? not sure. Where are they? not sure. But having inventory on hand and cash on the balance sheet eases my concerns somewhat. Makes for faster revenues if sales are there.

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