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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 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.


TSXV:CUB - Post by User

Post by bandit69on Apr 25, 2022 4:29pm
316 Views
Post# 34630213

Farm Sales

Farm SalesApril 23, 2021 BoomA farm
Sept 1, 2021 FreshHub farm
March 7, 2022 Manitoba farm

It is now April 25 2022.  3 farm sales in 12 months. The FreshHub now to be "substantially" installed by end of 2023.  There's still time in the year obviously but it's going fast nearing the end of April already so sales to backfill any installs currently being completed would be beneficial in my opinion.  I don't see notable revenues (or cheques in the bank) to sustain a high cash burn (ultimately cash is king recognized revenues aside) and I can't see a justified today's marketcap of about $178MM.  


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