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Cubicfarm System - CUBXF STOCK NEWS

Welcome to our dedicated page for Cubicfarm System news (Ticker: CUBXF), a resource for investors and traders seeking the latest updates and insights on Cubicfarm System stock.

About CubicFarm Systems Corp.

CubicFarm Systems Corp. (TSXV: CUB, OTC Pink: CUBXF) is a pioneering agricultural technology company dedicated to transforming the global food supply chain through innovative, localized farming solutions. Headquartered in Vancouver, British Columbia, CubicFarms develops and deploys proprietary ag-tech systems that enable year-round, efficient production of high-quality crops and livestock feed. The company's mission is to address critical challenges in agriculture, such as climate change, resource scarcity, and food security, by providing scalable, sustainable solutions.

Core Business Areas

CubicFarms operates across two primary segments:

  • Fresh Produce Systems: The CubicFarms™ system employs patented vertical farming technology to grow leafy greens and other crops indoors. This automated, modular system minimizes land, water, and labor requirements while ensuring consistent, high-quality yields. By enabling localized food production, the system reduces supply chain dependencies and environmental impact.
  • HydroGreen Nutrition Technology: A division of CubicFarms, HydroGreen focuses on livestock feed innovation. Its Automated Vertical Pastures™ technology uses a fully automated process to sprout grains like barley and wheat in a controlled environment. This system delivers fresh, nutrient-rich forage for livestock with minimal use of land, water, and labor, offering significant environmental and economic benefits to farmers.

Market Position and Differentiators

CubicFarms is uniquely positioned in the agricultural technology sector, combining advanced engineering with a commitment to sustainability. The company's patented technologies, such as the HydroGreen Automated Vertical Pastures™ and CubicFarms™ systems, set it apart from competitors. These innovations enable efficient, localized food production, reducing reliance on traditional farming methods that are resource-intensive and vulnerable to climate disruptions. Additionally, the company's Feed-as-a-Service (FaaS) model introduces a recurring revenue stream, further strengthening its market presence.

Industry Context

The agricultural technology industry is experiencing rapid growth, driven by the need for sustainable farming practices and resilient food supply chains. CubicFarms addresses these demands by offering solutions that conserve resources, reduce greenhouse gas emissions, and provide consistent output. The company's focus on both plant-based and livestock feed markets allows it to cater to diverse customer needs, from urban farmers to large-scale livestock operations.

Challenges and Opportunities

While CubicFarms faces challenges such as high upfront capital costs and market adoption barriers, its innovative solutions position it to capitalize on emerging trends. The increasing global focus on climate-smart agriculture and sustainable food systems presents significant growth opportunities. By leveraging its cutting-edge technologies and strategic partnerships, CubicFarms is well-equipped to navigate the evolving agricultural landscape.

Conclusion

CubicFarm Systems Corp. exemplifies the potential of agricultural technology to revolutionize food production. Through its innovative systems and commitment to sustainability, the company is addressing some of the most pressing challenges in modern agriculture. With a strong foundation in patented technologies and a growing global footprint, CubicFarms is poised to play a pivotal role in shaping the future of farming.

Rhea-AI Summary
CubicFarms closes final tranche of non-brokered private placement, raising approximately C$2.06 million. Each Unit consists of one common share and one-half of a common share purchase warrant. John de Jonge, interim CEO, participates in the placement.
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CubicFarm Systems Corp. announces an extension from the TSX Venture Exchange for the closing of the second tranche of its non-brokered private placement, aiming to raise up to C$2.5 million. Each Unit will include a Common Share and a Warrant, with the Offering Price set at C$0.20 per Unit. The Company plans to close the second tranche soon, allowing investors to acquire Common Shares at C$0.25 per share through the Warrants.
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CubicFarm® Systems Corp. closes the first tranche of a non-brokered private placement, issuing 4,505,502 Units at C$0.20 per Unit for gross proceeds of approximately C$900,000. The Company plans to issue up to 10,250,000 Units at a price of C$0.20 per Unit, aiming for gross proceeds of up to C$2.5 million. The proceeds will be used for general working capital, debt repayment, and administrative purposes. Insider participation by the interim CEO is disclosed as a related party transaction.
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CubicFarms' subsidiary HydroGreen Inc. partners with Hansen Industries to construct Feed Centers in California and Oklahoma, in addition to a previously announced demand for 120 tons of fodder per day. The partnership aims to provide high-performance feed additives to the dairy and beef industries, with a focus on long-term health benefits for the animals and value for the producers.
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CubicFarm® Systems Corp. announces a consolidation of its common shares on a 1:10 basis, reducing the outstanding shares from 263,163,774 to approximately 26,316,377. The consolidation does not require shareholder approval and will be automatically reflected for electronic shareholders. Paper stock certificate holders will receive a letter of transmittal to exchange their old certificates for new post-consolidation common shares. The consolidation is subject to approval from the TSX Venture Exchange.
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CubicFarm Systems Corp. announces the authorization of a consolidation of the Company's common shares, with a ratio of 1 post-consolidation share for every 10 pre-consolidation shares. The Consolidation does not require shareholder approval and will result in approximately 26.3 million common shares issued and outstanding. Shareholders will have their securities adjusted accordingly, and no fractional shares will be issued. The Company's new CUSIP number will be 22968P504 and its new ISIN will be CA22968P5040. Shareholders holding paper stock certificates will be sent a letter of transmittal by Computershare to exchange their old certificates for new post-Consolidation common shares. The Consolidation is subject to approval from the TSX Venture Exchange.
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CubicFarm Systems Corp. (TSXV: CUB) announced that its subsidiary company, HydroGreen Inc., has closed an initial sale to a leading agricultural company based in Dublin, Ireland, with an agreement for HydroGreen to supply an additional four machines for a future sale. This marks a significant development for HydroGreen in extending its market reach internationally, with an immediate emphasis on the European Union. The company's involvement in this market aligns with the EU's focus on enhancing agricultural practices and sustainability. HydroGreen is also focused on domestic initiatives, including constructing feed hub facilities in the US to distribute harvested feed by the ton to surrounding dairy farmers.
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CubicFarm® Systems Corp. (TSX: CUB) will be delisted from the Toronto Stock Exchange due to failure to meet continued listing requirements and will commence trading on the TSX Venture Exchange on December 19, 2023.
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CubicFarm® Systems Corp. (TSX: CUB) reported its Q3 financial and operational results, revealing a decrease in revenue to $59,100 and net losses of $2.2 million. The company's cost reduction measures led to reduced operating expenses. HydroGreen's Feed as a Service (FaaS) model gained traction with new partners, positioning the company in the European market.
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FAQ

What is the current stock price of Cubicfarm System (CUBXF)?

The current stock price of Cubicfarm System (CUBXF) is $0.25 as of February 27, 2025.

What is the market cap of Cubicfarm System (CUBXF)?

The market cap of Cubicfarm System (CUBXF) is approximately 11.1M.

What does CubicFarm Systems Corp. specialize in?

CubicFarms specializes in agricultural technology, offering patented indoor farming systems for leafy greens and livestock feed through its HydroGreen division.

How does CubicFarms' technology benefit farmers?

CubicFarms' systems reduce resource usage, improve yield predictability, and enable year-round localized food production, lowering costs and environmental impact.

What is HydroGreen's Automated Vertical Pastures™ technology?

HydroGreen's Automated Vertical Pastures™ is an automated system that grows fresh, nutrient-rich forage for livestock using minimal land, water, and labor.

What industries does CubicFarms serve?

CubicFarms serves the agriculture industry, including urban farmers, livestock operations, and regions facing climate and resource challenges.

What is the Feed-as-a-Service (FaaS) model?

The Feed-as-a-Service model provides livestock feed directly to customers, creating a recurring revenue stream while reducing operational complexity for farmers.

How does CubicFarms address sustainability?

CubicFarms' technologies conserve resources, reduce greenhouse gas emissions, and enable localized food production, contributing to sustainable agriculture.

What are the key advantages of CubicFarms' systems?

Key advantages include automation, resource efficiency, scalability, and the ability to produce consistent, high-quality crops and livestock feed year-round.

Who are CubicFarms' competitors?

Competitors include other ag-tech firms specializing in vertical farming, hydroponics, and sustainable livestock feed solutions.
Cubicfarm System

OTC:CUBXF

CUBXF Rankings

CUBXF Stock Data

11.06M
39.35M
0.35%
0.1%
Farm & Heavy Construction Machinery
Industrials
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Canada
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