Welcome to our dedicated page for Agriforce news (Ticker: AGRIW), a resource for investors and traders seeking the latest updates and insights on Agriforce stock.
AgriFORCE Growing Systems Ltd. (NASDAQ: AGRI; AGRIW) is an innovative AgTech company dedicated to transforming modern agricultural practices through cutting-edge technology and proprietary intellectual property (IP). The company leverages its expertise to create sustainable agricultural solutions that optimize crop yields and enhance food safety.
Core Business and Innovations:
AgriFORCE’s primary focus is on developing and utilizing its IP assets to drive improvements in the agricultural industry. This includes its proprietary patent-pending facility design and automated growing systems. Their AgriFORCE Brands division is actively involved in the development and commercialization of plant-based ingredients and products, such as Awakened Flour and Awakened Grains, aimed at delivering more nutritious food.
Recent Achievements and Projects:
AgriFORCE has made significant strides, including the acquisition of a 14% stake in Radical Clean Solutions (RCS). RCS specializes in chemical-free Hydroxyl devices that effectively eliminate pathogens, mold, mildew, and volatile organic compounds (VOCs) in various environments like food production facilities and indoor farms. This partnership enables AgriFORCE to exclusively commercialize these devices, which are crucial for reducing food spoilage and ensuring food safety.
Additionally, AgriFORCE's innovative AgriForce/RCS Hydroxyl Devices were selected as one of the top 20 new innovations at EXPO Guanajuato 2023, the largest AgTech exposition in Latin America. The Hydroxyl technology uses hydroxyls, known as
AgriFORCE Growing Systems Ltd. (NASDAQ: AGRI; AGRIW) has been awarded a patent from the USPTO for its innovative method of modifying grains and seeds into nutritious low-starch, high-protein flour products and various food items. This advancement aims to enhance dietary options by creating fiber-rich alternatives without sacrificing taste or quality. CEO Ingo Mueller emphasized the patent's significance in launching the UN(THINK)™ foods brand, targeting the $200 billion U.S. flour market. The company is poised for growth and expansion in the sustainable food sector with its unique IP.
AgriFORCE Growing Systems Ltd. (NASDAQ: AGRI; AGRIW) showcased a solid foundation in 2022 and anticipates substantial growth in 2023. Key achievements included the acquisition of Manna Nutritional Group for commercialization of UN(THINK) Foods, and shareholder approval for Delphy Groep BV acquisition, enhancing AgTech offerings globally. With focus on sustainability and innovative technologies, AgriFORCE plans to launch new products in 2023, including Awakened Flour and Power Flour. The company's growth strategy centers on expanding its AgTech platform and M&A activities.
AgriFORCE Growing Systems Ltd. (NASDAQ: AGRI; AGRIW) announced that all proposals were approved during its special shareholders meeting on December 15, 2022. This includes the issuance of shares for the acquisition of food processing technology from Manna Nutritional Group and the purchase of Delphy Groep BV. The acquisition of Delphy is set to be finalized in early 2023. CEO Ingo Mueller expressed gratitude for shareholder support and emphasized the company's commitment to sustainable agricultural solutions.
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.
AgriFORCE Growing Systems Ltd. (NASDAQ: AGRI; AGRIW) has scheduled a special meeting for shareholders to vote on proposals related to share issuances for the acquisition of food processing technology from Manna Nutritional Group, as well as the purchase of property from Stronghold and Delphy Groep BV. The meeting will take place on December 8, 2022, at 11 AM Pacific Time. Shareholders of record as of November 1, 2022, are encouraged to vote before 9 AM Pacific Time on December 7, 2022. AgriFORCE's board recommends a
AgriFORCE Growing Systems Ltd. (NASDAQ: AGRI; AGRIW) announced that CEO Ingo Mueller and President Mauro Pennella will present at upcoming virtual investor conferences. The first event is the Canaccord Genuity AgriFood Tech Innovation Forum on December 1, 2022, at 4:00 PM ET, followed by the Planet MicroCap Showcase on December 7, 2022, at 1:00 PM ET. Both events will include opportunities for 1x1 meetings with qualified investors. The company focuses on sustainable agriculture and aims to lead in delivering plant-based products globally.
AgriFORCE Growing Systems has received a patent allowance from the USPTO for its unique processing technologies related to grains and flours under the UN(THINK)™ Foods brand. This innovation aligns with the trend of increasing demand for nutritious food alternatives, addressing a $200 billion U.S. flour market. A consumer survey indicated 50% of millennials would pay a premium for healthier flour alternatives. The company aims to launch its first product by the end of 2022, highlighting its focus on sustainable practices and consumer health.
AgriFORCE Growing Systems Ltd. (NASDAQ: AGRI; AGRIW) announced a Notice of Allowance from the USPTO for its patent application titled “Structures for Growing Plants.” This follows a recently granted patent related to its FORCEGH+ automated growing systems. The allowed patent includes 19 claims, focused on innovative plant growing structures with enhanced features, such as transmissive panels and improved insulation. CEO Ingo Mueller emphasizes the importance of IP in differentiating their solutions in the AgTech sector, as the company prepares to develop its first Coachella Campus.
AgriFORCE (NASDAQ: AGRI; AGRIW) has partnered with New Engen, a leading marketing agency, to boost the upcoming launch of its un(Think) Awakened Flour. New Engen will spearhead digital and influencer campaigns to enhance AgriFORCE's e-commerce presence. Awakened Flour, made from sprouted grains using a patent-pending process, targets health-conscious consumers with its nutritious profile. The company's focus spans North America, Europe, and Asia, aiming to deliver plant-based food solutions.
AgriFORCE Growing Systems Ltd. (NASDAQ: AGRI; AGRIW) announced the granting of a patent titled “Automated Growing Systems” by the USPTO, enhancing its intellectual property portfolio. This patent specifically covers the grow channel component in its FORCEGH+ controlled environment agriculture facility, aimed at achieving higher crop yields sustainably. CEO Ingo Mueller emphasized its role in developing the first Coachella Campus, marking a significant milestone for the company as it progresses towards revolutionizing agriculture through advanced systems.
FAQ
What is the current stock price of Agriforce (AGRIW)?
