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CubicFarms Announces $4.4 Million CubicFarm System Sale and North American Manufacturing Agreement
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Langley, BC, June 30, 2022--CubicFarm Systems Corp. (TSX:CUB), a leading local chain agricultural technology company, announced that it has entered into agreements with NTE Discovery Park Ltd. for the purchase of 26 CubicFarm System modules at a sale price of CAD$4.4 million, the manufacturing of those initial 26 modules, as well as the future manufacturing of major components for contracts within North America.
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CubicFarm Systems Reports First Quarter FY 2022 Results, Net Loss Rises 138% YoY to $8.76 Million
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Langley, BC, June 8, 2022--CubicFarm Systems Corp. (TSX:CUB), a leading local chain agricultural technology company, reported its first quarter financial and operating results for the three months ended March 31, 2022. Revenue for the three months ended March 31, 2022, was $243,912. Net loss for the three months period was $8,760,249, a 138% increase from the same period ending March 31, 2021.
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CubicFarms and Deloitte Join Forces on New Carbon Commercialization Program
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Langley, BC, May 19, 2022--CubicFarm Systems Corp. (TSX:CUB), a leading local chain agricultural technology company, announced that its HydroGreen division has entered into an agreement with Deloitte LLP to develop a carbon commercialization program designed to provide high-quality carbon credits to a fast-growing global market.
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