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CubicFarms Announces Sale of HydroGreen’s Commercial-Scale Equipment to Redmond Heritage Farms in Utah
Thursday, November 23, 2023Company Profile | Follow Company
Langley, BC, November 23, 2023--(T-Net)--CubicFarm Systems (TSX:CUB), a leading agricultural technology company, announced that its ruminant livestock feed subsidiary company, HydroGreen Inc., has closed a GLS 808 sale with Redmond Heritage Farms in Redmond, Utah.
In this deal, one HydroGreen GLS 808 machine will be sold to Redmond Heritage Farms.
"Founded in 2006, our mission is born out of the desire to provide real natural farm products for those who are seeking optimal health. This journey has guided us to become a proud supplier of raw milk in the state of Utah. Our cows are pasture-fed when green pasture is available, and partnering with HydroGreen is the next step to produce fresh fodder year-round. Our partnership brings many benefits that align with our mission, our changing climate, and our customers' needs. We are excited to begin work with our HydroGreen fodder equipment," said the Management Team from Redmond Heritage Farms.
John De Jonge, President, CubicFarm Systems Corp.
"We are excited about this sale of our large-scale equipment to Redmond Heritage Farms. The HydroGreen solution can increase milk production, enhance regional food security, and reduce the environmental footprint of agriculture," said HydroGreen's President, John de Jonge.
This transaction reflects HydroGreen's continued strategy to integrate its technology into forward-thinking dairy markets and emphasizes its commitment to sustainability and innovation.
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This release may contain certain "forward-looking statements" or "forward-looking information" under applicable securities laws. Forward-looking terms such as "may," "will," "could," "should," "would," "plan," "potential," "intend," "anticipate," "project," "target," "believe," "plan," "outlook," "estimate," or "expect" and other words, terms and phrases of similar nature are often intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Forward-looking statements are based on certain key expectations and assumptions made by the Company. Although management of the Company believes that the expectations and assumptions on which such 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. [ MORE ] |
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