AgriFORCE Provides Update on UN(THINK) Awakened Flour Commercial Efforts

Rhea-AI Summary

AgriFORCE Growing Systems Ltd. announces the completion of its Awakened Flour Hard Red Wheat, a unique germinated wheat flour for bread products. The flour uses a patented process to capture the nutritional benefits of sprouted wheat while enhancing flavor and texture. It is now available for B2B customers in Canada and the U.S., with plans to expand into the direct-to-consumer market. Commercial bakeries are currently testing the flour for product development.

Positive

• AgriFORCE has completed its Awakened Flour Hard Red Wheat, a unique germinated wheat flour for bread products. This could attract customers looking for healthier and tastier bread options, potentially increasing sales and revenue for the company.

Negative

• None.

Completed Readiness for Launch of its Hard Red Wheat, a One-of-a-Kind Germinated Wheat Flour for Bread Products

VANCOUVER, British Columbia, June 14, 2023 (GLOBE NEWSWIRE) -- AgriFORCE Growing Systems Ltd. (NASDAQ: AGRI; AGRIW), an intellectual property (IP)-focused AgTech company dedicated to advancing sustainable cultivation and crop processing across multiple platforms, today provided an update on the qualification of its UN(THINK) Awakened Flour. Recent production and lab work has finalized the commercial readiness of its Awakened Flour Hard Red Wheat, a one-of-a-kind germinated wheat flour appropriate for making breads. Internal testing continues, evaluating nutritional content, taste, and texture.    

     

Photos: June 4, 2023 -David Naccarato, AgriFORCE, Inventor of the CERES-MNG Patent

As previously announced, UN(THINK) Awakened Flour uses a 100% natural patented process that captures the goodness of the grain, providing all the nutritional and dietary benefits of sprouted wheat, while enhancing the flavor, texture, richness and natural sweetness that are ideal for breads and pastries. UN(THINK) Awakened Flour uses 100% of the whole wheat kernel with no added ingredients.

UN(THINK) Awakened Flour in both Soft White Wheat (for baking) and Hard Red Wheat (for bread) is now available for B2B customers in Canada and the U.S. and AgriFORCE plans to expand sales into the direct-to-consumer market after the summer.

UN(THINK) flour products have been delivered to commercial bakeries for sampling, testing, and product development. We’re now on second batches of trials with these commercial bakeries with the hard red flour and are awaiting the baking results and timeline for baked products development with our UN(THINK) flour products.

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/

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/57bae01b-3696-4be0-bb4f-6e7b606dfc06

FAQ

What is AgriFORCE's Awakened Flour Hard Red Wheat?

AgriFORCE's Awakened Flour Hard Red Wheat is a germinated wheat flour that captures the nutritional benefits of sprouted wheat while enhancing flavor and texture.

Where is the flour available?

The flour is currently available for B2B customers in Canada and the U.S.

Are there plans to expand sales?

Yes, AgriFORCE plans to expand sales into the direct-to-consumer market after the summer.

Who is testing the flour?

Commercial bakeries are currently testing the flour for product development.