Affinor Growers Signs Purchase Agreement to Install Vertical Farming System With THC Biomed Intl.
The nature of the agreement is to install, showcase and develop the technology under commercial conditions to ensure capabilities for mass low cost production of cannabis and cannabis products. THC BioMed recently received a federal license from Health Canada to cultivate medical marijuana and has selected Affinor’s automated vertical farming equipment to help compete with high quality product and mass production as the market continues to open up.
Mr. Jarrett Malnarick, Affinor’s President and CEO, comments, “Affinor Growers looks to align itself in all agriculture sectors such as fresh produce, fruiting plants, and flowers. As a technology seller of vertical growing systems, this new relationship with THC BioMed allows us to continue business development within different sectors pertaining to plants and demonstrate the diversity of the technology in the vertical farming space. Affinor will now have several installations of the technology within commercial settings actively growing different crops.”
Update on the Michigan Test of the Vertical Farming System
To view a photo that shows strawberries growing on level four of the Michigan State test tower, visit: https://media3.marketwire.com/docs/1049278.jpg
Affinor is also very pleased to report that the test tower running in the large Michigan State greenhouse facility with the major food producer is on pace and doing as well as expected. The equipment was installed in late November and the strawberry plants were planted in early December. Strawberries are actively being harvested, packaged and sold. Growth trials will continue until the end of April with further details being released once complete.
About Affinor Growers Inc.
Affinor Growers is a publicly traded company on the Canadian Securities Exchange under the symbol (“AFI”). Affinor is focused on growing high quality crops such as romaine lettuce, spinach, strawberries using its vertical farming techniques. Affinor is committed to becoming a pre-eminent supplier and grower, using exclusive vertical farming techniques.
On Behalf of the Board of Directors
AFFINOR GROWERS INC.
Jarrett Malnarick, President & CEO
The CSE has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
FORWARD LOOKING INFORMATION
This News Release contains forward-looking statements. The use of any of the words “anticipate”, “continue”, “estimate”, “expect”, “may”, “will”, “project”, “should”, “believe” and similar expressions are intended to identify forward-looking statements. Although the Company believes that the expectations and assumptions on which the forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements because the Company can give no assurance that they will prove to be correct. Since forward-looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties. These statements speak only as of the date of this News Release. Actual results could differ materially from those currently anticipated due to a number of factors and risks including various risk factors discussed in the Company’s disclosure documents which can be found under the Company’s profile on www.sedar.com. This News Release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995.
Jarrett Malnarick
President and CEO
604.837.8688
jarrett@affinorgrowers.com
www.affinorgrowers.com
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