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CubicFarm Systems Corp T.CUB


Primary Symbol: 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

Post by bandit69on Apr 25, 2022 4:29pm
299 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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