STOCK TITAN

AgriFORCE Announces Successful Production Trial and Begins Commercialization of UN(THINK) Awakened Flour

Rhea-AI Impact
(Moderate)
Rhea-AI Sentiment
(Very Positive)
Tags
Rhea-AI Summary

AgriFORCE has announced the commercialization of UN(THINK) Awakened Flour, launching in Canada and the U.S. in 2023. This flour is produced using a patent-pending process that enhances taste and nutrition, boasting twice the protein of regular wheat flour. The product’s germination process increases bioavailability of vitamins and minerals, improving gut health. Production will be based in Saskatoon, Saskatchewan, with partnerships among local non-GMO suppliers. The company aims to set a new standard in sprouted flour, catering to bakeries and direct consumers.

Positive
  • Successful completion of scaled-up batch trial for UN(THINK) Awakened Flour.
  • Launch planned for 2023, targeting bakeries and direct-to-consumer markets.
  • Awakened Flour offers twice the protein of regular wheat flour, enhancing its nutritional profile.
  • Strategic partnerships with local non-GMO suppliers to ensure quality production.
Negative
  • None.

The “better for you” flour leverages a patent-pending process to produce a tastier, more nutritious, easier-to-digest product and is now launching in Canada and the U.S.

VANCOUVER, British Columbia, Dec. 15, 2022 (GLOBE NEWSWIRE) -- AgriFORCE (NASDAQ: AGRI; AGRIW), an intellectual property (IP)-focused AgTech company dedicated to advancing sustainable cultivation and crop processing across multiple platforms, has today announced the commercialization of UN(THINK) Awakened Flour following the successful completion of the scaled up batch trial. Commercialization will follow at the beginning of 2023 and focus on bakeries in Canada and the USA, followed by a direct-to-consumer launch.

As announced earlier this year, Awakened Flour is a “better for you” flour that uses a 100% natural patent-pending process to create a gently germinated flour that is more nutritious, easier to digest, and better tasting with 2 times the protein of regular wheat flour1. AgriFORCE’s highly precise sprouting process increases the bioavailability of vitamins and minerals, allowing them to be absorbed by the body, while changing the total amount of fiber in whole grains, helping to improve gut health.

Production is currently based in Saskatoon, Saskatchewan, Canada, one of the world’s best and largest grain producing regions. UN(THINK) Foods has secured strategic partnerships with local non-GMO suppliers and specialty milling partners who bring their expertise and care to the products.

“UN(THINK)’s Awakened Flour has the ability to become the gold standard of sprouted flour,” commented Hernando Ruiz-Jimenez, UN(THINK) Food Co.’s General Manager. “Consumers are eager for products that offer enhanced nutritional value and better digestion, and no product currently on the market matches Awakened Flour’s nutritional and flavor profile. We’re thrilled to have the opportunity to begin our relationship with bakeries, restaurants and other B2B customers throughout North America.”

UN(THINK)’s Awakened Flour

For more information on AgriFORCE, UN(THINK) Foods and how to purchase UN(THINK)’s Awakened Flour for your business, please visit: https://agriforcegs.com/unthink-signup/ 

1. As per tests conducted by Eurofins Food Chemistry Testing Madison, Inc., December 2022

ABOUT AGRIFORCE
AgriFORCE Growing Systems Ltd. (NASDAQ: AGRI; AGRIW) is an agtech company focused on building an integrated agtech platform that combines the best technology, intellectual property and knowledge to solve an urgent problem – providing the best solutions to help drive sustainable crops and nutritious food for people around the world. The AgriFORCE vision is to be a global leader in delivering plant-based foods and products through an advanced and sustainable agtech platform that makes positive change in the world—from seed to table. Additional information about AgriFORCE is available at: www.agriforcegs.com

Follow AgriFORCE on Twitter: @agriforcegs
Follow AgriFORCE on Facebook: AgriFORCE Growing Systems Ltd.
Connect with AgriFORCE on LinkedIn: AgriFORCE Growing Systems Ltd.

This press release contains forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Statements other than statements of historical facts included in this press release may constitute forward-looking statements and are not guarantees of future performance, condition or results and involve a number of risks and uncertainties. Actual results may differ materially from those in the forward-looking statements as a result of a number of factors, including those described from time to time in our filings with the Securities and Exchange Commission and elsewhere. The Company undertakes no duty to update any forward-looking statement made herein. All forward-looking statements speak only as of the date of this press release.

This announcement is for informational purposes only and does not constitute an offer to sell or a solicitation of an offer to buy securities of the issuer. Any offer to sell or solicitation of an offer to buy securities of the issuer may only be made pursuant to a valid prospectus pursuant to an effective registration statement or pursuant to a valid exemption from registration under the Securities Act of 1933, as amended and the rules and regulations promulgated thereunder.

Company Contact:
Ian Pedersen
Tel: (604) 757-0952
Email: ipedersen@agriforcegs.com

Investor Relations:
Crescendo Communications, LLC
David Waldman/Alexandra Schilt
Tel: (212) 671-1021
Email: AGRI@crescendo-ir.com

Media Relations:
Peppercomm
Hannah Robbins
Tel: (415) 633-3205
Email: AgriFORCE@peppercomm.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/34c0c4bf-c0ec-42fa-b310-467e2ce16fd7


FAQ

What is the UN(THINK) Awakened Flour?

UN(THINK) Awakened Flour is a nutritious flour produced using a patent-pending process that enhances taste and digestibility.

When will UN(THINK) Awakened Flour launch?

The flour is set to launch in early 2023 in Canada and the U.S.

What are the benefits of Awakened Flour?

Awakened Flour contains twice the protein of regular wheat flour and improves the bioavailability of vitamins and minerals.

Where is the production of Awakened Flour based?

Production is based in Saskatoon, Saskatchewan, Canada.

What markets is AgriFORCE targeting with Awakened Flour?

AgriFORCE is targeting bakeries and direct-to-consumer sales in North America.

What companies are partnering with AgriFORCE for Awakened Flour?

AgriFORCE has secured partnerships with local non-GMO suppliers and specialty milling partners.

AgriFORCE Growing Systems Ltd. Common Shares

NASDAQ:AGRI

AGRI Rankings

AGRI Latest News

AGRI Stock Data

5.50M
117.34M
0.71%
0.7%
0.15%
Farm Products
Prefabricated Metal Buildings & Components
Link
United States of America
VANCOUVER