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Cubicfarm Systems Corp. (CUBXF): Pioneering Sustainable Agricultural Technology
Cubicfarm Systems Corp., trading under the symbol CUBXF, stands at the forefront of agricultural technology innovation with its proprietary ag-tech solutions designed to feed a changing world. Leveraging advanced indoor vertical farming and hydroponic techniques, the company has established itself as a trusted provider of sustainable, smart farming technologies that enable growers to produce high-quality, predictable produce and fresh livestock feed. With a particular focus on reducing resource consumption and minimizing environmental impact, Cubicfarm combines state-of-the-art engineering with robust agricultural practices.
At the heart of Cubicfarm’s offerings is its HydroGreen Nutrition Technology division, which delivers patented systems for Automated Vertical Pastures™. These systems employ cutting-edge hydroponic growing methods to sprout grains and leafy greens indoors, all year round. By automating the entire growing process—from seeding and watering to lighting, harvesting, and re-seeding—the HydroGreen technology minimizes the need for extensive land, labor, water, and other traditional inputs, while ensuring consistent and nutrient-rich produce. This innovative approach not only supports high-yield food production but also enhances the quality of livestock feed, benefiting dairy and cattle industries by providing a reliable, fresh feed alternative that promotes animal health and productivity.
Operating within the competitive landscape of agricultural technology, Cubicfarm Systems has carved out a unique niche by focusing on localized food supply and Feed as a Service (FaaS) models. Through its network of regional feed centers, the company offers a scalable and efficient solution that addresses both logistical and environmental challenges faced by modern farming operations. By integrating advanced digital monitoring tools and automated systems, Cubicfarm delivers a transparent and efficient operational model that aligns with the demand for sustainable agriculture. The seamless communication between technology and operational efficiency is underpinned by robust cost control initiatives, strategic partnerships, and a commitment to regulatory compliance, reinforcing its reputation for operational excellence and financial transparency.
Cubicfarm’s strategic approach to the ag-tech sector is further enhanced by its focus on innovation and intellectual property. With multiple patents in its portfolio related to hydroponic growing systems, the company continuously evolves its technology to maximize yield, reduce resource consumption, and support eco-friendly practices. These innovations not only ensure superior nutritional feed production but also provide measurable environmental benefits, such as significant reductions in water usage and energy consumption compared to traditional methods.
The company’s comprehensive business model encompasses both product sales and the provision of value-added services, such as installation, remote monitoring, and ongoing support for its automated systems. This dual revenue stream not only strengthens its market position but also contributes to its operational efficiency and customer satisfaction. Cubicfarm is committed to empowering farmers and growers by offering solutions that are both technologically advanced and economically viable, addressing the pressing need for reliable, sustainable food production in a rapidly changing world.
As a local chain agricultural technology company, Cubicfarm Systems continues to demonstrate its commitment to innovation through strategic market positioning, a focus on cost efficiency, and the deployment of high-performance ag-tech solutions. The integration of automated, indoor farming technologies and its Feed as a Service model creates a compelling value proposition for stakeholders and underscores the company’s role in addressing global challenges such as climate change, resource scarcity, and the demand for sustainable agricultural practices. With an emphasis on transparency, efficiency, and sustainability, Cubicfarm Systems Corp. remains an influential entity within the modern ag-tech industry.
CubicFarm Systems Corp (TSXV: CUB) (OTC Pink: CUBXF) announced the resignation of Board Director G. David Cole, effective April 16, 2025, as he prepares for retirement from RBC. Cole, who joined the board in January 2022, brought extensive experience in investment banking, corporate strategy, and agriculture-related finance.
Board Chair Daniel Burns acknowledged Cole's valuable contributions during a important period of company evolution, highlighting his strategic advice and oversight. Cole's departure is directly linked to his upcoming retirement from RBC and his decision to reduce professional commitments.
CubicFarm Systems Corp (TSXV: CUB) (OTC Pink: CUBXF) announces its subsidiary HydroGreen has secured a third order from Agrotopia Ireland for five GLS 808 machines. This follows previous successful installations and demonstrates growing adoption of HydroGreen's Automated Vertical Pastures™ system in Ireland's livestock sector.
The order came after the buyer attended a Farm Trade Show where HydroGreen was featured following its Innovation Arena showcase at Ireland's National Ploughing Championships. Agrotopia Ireland's Managing Director, Fiore Macari, highlighted their expansion plans for 2025-2026, citing the system's ability to provide consistent, high-quality feed while reducing input costs.
The partnership between HydroGreen and Agrotopia, which began 18 months ago, is showing positive results. Agrotopia's strategic location in Ireland's farming heartland provides excellent exposure at regional and national fairs, helping showcase HydroGreen's technology to farmers across Ireland and Europe.
CubicFarm Systems Corp (TSXV: CUB) (OTC: CUBXF) has announced the completion and commissioning of its HydroGreen GLS 808 machine at Redmond Heritage Farms in Utah, valued at USD $340,308. This marks the fourth successful project completion in recent quarters.
The installation enables Redmond Heritage Farms to produce fresh, nutrient-rich feed year-round for its pasture-raised dairy cattle. The farm expects to produce half of its daily feed using approximately 95% less water than traditional farming methods.
The project's revenue will be recognized in Q1 2025, following the company's conservative revenue recognition policy. This installation aligns with growing market trends, as the grass-fed beef market is projected to reach USD $13.3 billion in 2025, with a CAGR of 4.4%.
CubicFarm Systems Corp. (CUBXF) has expanded its partnership with BoomA Food Group in Australia through an extended exclusivity agreement. The company announced the sale of two DGS 66 Units for deployment in New South Wales, establishing a Proof of Concept and research program.
HydroGreen's automated feed systems offer significant advantages, using up to 95% less water than traditional field irrigation methods. This technology is particularly relevant for Australia's livestock sector, which manages approximately 28.8 million head of cattle as of 2023.
The system automates the entire feed production process, including seeding, watering, lighting, harvesting, and re-seeding, providing consistent, nutrient-dense feed while reducing labor requirements. This partnership aims to strengthen Australia's position in premium beef and dairy exports, particularly for Asian markets, while promoting sustainable agricultural practices.
CubicFarm Systems Corp. (CUBXF) has announced the successful launch of its first Feed-as-a-Service (FaaS) facility in Wakeeney, Kansas, through its subsidiary HydroGreen Inc. The facility, developed in partnership with Plainview Beef , began operations in November 2024, following plans announced in April 2024.
The Phase 1 facility produces fresh sprouted feed rich in Omega 3, Omega 6, natural sugars, and enzymes for beef cattle. Following successful three-month feed trials, Plainview Beef has committed to Phase 2 expansion, planning to add 5 GLS 808 modules in 2025.
This milestone establishes a recurring revenue model for HydroGreen through direct feed sales to livestock operations. The partnership, which has been in development for 18 months, aims to provide healthier grass-fed beef options to American consumers while improving bovine health and meat quality.
CubicFarm Systems Corp. (TSXV: CUB) has been granted four new patents for its HydroGreen hydroponic growing technology, advancing its position in sustainable agriculture. The patents cover:
1. A rotating seed bed technology that optimizes plant growth through various stages
2. An advanced moving belt system for controlled seed bed cultivation maximizing nutrient uptake
3. A unique dispensing system for streamlined harvesting in high-volume operations
4. A precision controller system that automates operations and monitors plant health while reducing water usage
These innovations aim to enhance large-scale hydroponic farming efficiency, focusing on soil-free cultivation methods that maximize yield while minimizing resource consumption.
CubicFarm Systems Corp. (TSXV: CUB) has secured a significant repeat order from Agrotopia Ireland for seven additional GLS 808 HydroGreen machines, following their initial purchase of one unit announced in January 2024. This expansion comes after a successful 90-day feed trial at Finnegan's Farm in County Meath, Ireland.
The trial demonstrated notable results including faster weight gains, improved carcass grades, and reduced feeding costs. The GLS 808 system enables daily production of fresh, nutrient-rich feed, reducing dependency on imports and improving sustainability. Since its launch in July 2024, the system has gained significant attention, particularly after its showcase at Ireland's National Ploughing Championships.
Agrotopia Ireland, which has an exclusive partnership with HydroGreen, reports strong interest from farming operators across Ireland, the UK, Europe, and the Middle East, with expectations of additional orders by Q4 2025 and further expansion in 2026.
CubicFarm Systems Corp. (TSXV: CUB) has announced that its subsidiary, HydroGreen Inc., has secured a sales agreement with Consultant BRD of Québec for their Automated Vertical Pastures™ system. The deal, valued at $809,000 USD (approximately $1,193,000 CAD), marks HydroGreen's first sale in Québec and its entry into the fourth country after the United States, Italy, and Ireland.
The agreement includes HydroGreen's advanced feed-growing equipment, accessories, and comprehensive support package with remote monitoring services. The system enables year-round, on-site production of livestock feed, supporting sustainable farming practices.
The company also highlighted its currency exposure, noting that while HydroGreen conducts all business in US dollars, the majority of CubicFarms and HydroGreen's debt is in Canadian dollars. Management views recent exchange rate changes as beneficial for strengthening the company's financial position.
CubicFarm Systems Corp. (TSXV: CUB) announced the lifting of its cease trade order and resumption of trading on the TSX Venture Exchange on January 31, 2025. This follows the completion of their 2023 audit and filing of unaudited Q1, Q2, and Q3 financial statements, bringing the company back into regulatory compliance.
The company's subsidiary, HydroGreen Inc., reported completing three sales agreements in Q4 with Agrotopia Ireland, Golden Rule Dairy of Arizona, and Advanced Dairy Systems of Arizona, totaling $629,242.82 USD (approximately $906,109.66 CAD). Revenue recognition occurs upon transfer of equipment control to customers, while installation service revenue is recognized upon completion and customer sign-off.
CubicFarm Systems Corp. (TSXV: CUB) has announced the reinstatement of its common shares trading on the TSX Venture Exchange following the revocation of a failure-to-file cease trade order (FFCTO) on January 16, 2025. The FFCTO was initially issued by the British Columbia Securities Commission on July 15, 2024.
The company disclosed that interim CEO John de Jonge and his wholly-owned company provided an unsecured, interest-free loan of $1,288,438 as of September 30, 2024, to support working capital and operational needs. This transaction, while constituting a related party transaction, is exempt from formal valuation and minority shareholder approval requirements.
Additionally, CubicFarms is involved in a legal claim from November 21, 2021, regarding an alleged breach of a consulting agreement. A mediation is scheduled for April 2025, and the company maintains a strong position in its defense, stating the claim is not expected to materially affect its business operations or financial condition.
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