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Bullboard - Stock Discussion Forum CubicFarm Systems Corp V.CUB.DB


Primary Symbol: V.CUB Alternate Symbol(s):  CUBXF

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... see more

TSXV:CUB - Post Discussion

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Post by phantom666 on Nov 06, 2023 7:52am

NR

VANCOUVER, BCNov. 6, 2023 /CNW/ - CubicFarm® Systems Corp. ("CubicFarms" or the "Company") (TSX: CUB), a leading local chain agricultural technology company, a leading local chain agricultural technology company, announces a follow up order for an additional 2 HydroGreen DGS 66 machines to Golden Rule Dairy, located in Elfrida, Arizona.

In July 2023, CubicFarms' ruminant livestock feed subsidiary company, HydroGreen Inc. ("HydroGreen"), commissioned a HydroGreen DGS 66 machine at Golden Rule Dairy, a 100% family-owned and operated Jersey cow dairy. This milestone marked a significant advancement in delivering optimal nutrition to dairy cows through HydroGreen's innovative technology.

Golden Rule Dairy has further embraced HydroGreen's cutting-edge solutions by placing an order for an additional 2 DGS 66 machines. This expansion underscores the success of the current HydroGreen systems in place at Golden Rule Dairy and signals a commitment to enhancing the nutritional quality and performance outcomes of their herd.

"Our journey with HydroGreen began with a comprehensive tour of their Innovation Center in South Dakota, leading us to the pivotal decision to invest in an initial DGS 66 system. Faced with the challenge of limited land on our 15-acre dairy, the DGS presented us with a transformative solution: the ability to grow our own high-quality feed on-site. And not just any feed—the best feed!" said Justin Strite, Manager and Production Supervisor at Golden Rule Dairy. "The initial phase involved a learning curve, from perfecting the environmental controls to optimizing water schedules. However, the perseverance to master the cultivation of barley in a controlled setting has been worth it, offering us capabilities beyond the scope of traditional farming. Since its inception on our farm, our DGS system has delivered consistent, tangible benefits, leading to a substantial 33% cost savings on feed within five months. This efficiency has encouraged us to expand, adding two more units to our operation."

CubicFarms' HydroGreen technology revolutionizes the dairy industry by producing fresh, nutritious forage in a controlled environment. HydroGreen machines ensure a consistent and high-quality feed source for dairy cows while optimizing water usage, reducing reliance on external feed sources, and providing dairy farmers with greater control over their herd's nutrition. With the ability to enable daily harvesting, HydroGreen technology allows for up to 365 harvests annually, surpassing the typical two harvests achieved through traditional farming methods.

John de Jonge, Interim CEO and President at HydroGreen, stated, "Having spent my entire life in the dairy industry, it warms my heart to see more and more progressive dairy farmers understand the benefits of feeding HydroGreen to their herds. The Strite family is an industry leader when it comes to caring for their herd. Golden Rule's use and expansion of HydroGreen's technology underscores the tangible benefits our systems provide to progressive dairy operations, enabling them to differentiate themselves in the market and achieve sustainable success. We are proud to partner with them and be a small part of their success."

For more information, please visit www.cubicfarms.com and www.hydrogreenglobal.com.

Comment by stockshack on Nov 06, 2023 11:12am
Where did you find that? I can't find any news releases.
Comment by phantom666 on Nov 06, 2023 4:20pm
Newswire.ca  7:30am
Comment by phantom666 on Nov 06, 2023 4:23pm
CubicFarms Announces Sale of 2 HydroGreen DGS 66 Machines to Golden Rule Dairy in Arizona
Comment by stockshack on Nov 06, 2023 5:36pm
There was no release about it on the TSX, I find that strange.
Comment by stockshack on Nov 08, 2023 10:29am
Found it in SEDAR Search (sedarplus.ca)
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