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Microcap Report: Affinor (C.AFI) active on marijuana latest

Stockhouse Editorial
0 Comments| May 2, 2014

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Affinor Resources (CSE:AFI, Stock Forum) eased 5.7% to 41.5 cents after the Montreal company said it has reached an agreement in principle to obtain an exclusive license to the world's first automated growing technology for non-GMO grade A1 market ready strawberries with Vertical Designs (“VDL”), allowing the company to begin production as it waits for the approval of its medical marijuana (MMPR) license.

Affinor is entrenched in the race to capitalize on the emerging medical marijuana sector.

According to the news release, the automated software driven system utilizes mechanical pollination with zero water waste giving the company the ability to grow indoor crops year round regardless of seasonality.

Select Canadian Small/Micro-cap Advancers (as of 4:00 PM Eastern)
Jaguar Mining Inc. (T.JAG, Stock Forum) 458.82%
DDS Wireless International Inc. (T.DD, Stock Forum) 33.53%
Papuan Precious Metals Corp. (V.PAU, Stock Forum) 20.00%
Marquee Energy Ltd. (V.MQL, Stock Forum) 10.20%
Atlantic Power Corporation (T.ATP, Stock Forum) 9.61%
Select Canadian Small/Micro-cap Decliners (as of 4:00 PM Eastern)
Probe Mines Limited (V.PRB, Stock Forum) -13.43%
Sierra Wireless, Inc. (T.SW, Stock Forum) -12.52%
Raise Production Inc. (V.RPC, Stock Forum) -8.59%
Stornoway Diamond Corporation (T.SWY, Stock Forum) -7.61%
Augusta Resource Corporation (T.AZC, Stock Forum) -5.68%


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