Foundation Farms Corp., Announces Vertical Farm Out For Delivery
Foundation Farms, a subsidiary of GME Innotainment (GMEV), has confirmed delivery and installation dates for its first vertical farm. The turnkey farm package is set to arrive at the Red Deer area site this week, with assembly and commissioning planned for next week. Production will commence on May 1. Each vertical farm will serve as an E-ROOTS CENTRE, promoting local food sustainability by sourcing and distributing local produce. Interest for joint ventures is growing across North America, indicating strong demand and potential expansion in regions such as Minneapolis and Toronto.
- First vertical farm installation scheduled, marking a significant operational milestone.
- Each farm will serve as local E-ROOTS CENTRES, enhancing community food sustainability.
- Growing interest in joint ventures and projects across North America, indicating demand.
- None.
NEW YORK, NY / ACCESSWIRE / April 20, 2021 / Foundation Farms, Corp., ("Foundation Farms") a subsidiary of GME Innotainment, Inc. (OTC PINK:GMEV) today announced confirmation of delivery and installation dates for the first of its many vertical farms. The turnkey farm package has left the ZipGrow manufacturing facility for arrival at the Red Deer area site this week. The installation crew is scheduled to arrive on site next Monday and assembly and commissioning will be completed next week. Production of the first crop will begin on May 1.
Management is also excited to report that each of the company's vertical farms will become local community food hubs known as E-ROOTS CENTRES. In addition to selling it's own vertical farm produce, each E-ROOTS CENTRE will buy other locally grown food products from farmers wholesale and then package, market, and distribute the locally grown food products to corporations, families, schools, restaurants, caterers, sports teams, and stores, maintaining economic growth in the community. These E-ROOTS CENTRES will develop health food brands utilizing local produce to promote nutritious diets. Mechanisms for dispatch and delivery logistics are included.
Ed Kroeker, CEO of Foundation Farms stated, "The installation and startup of our first E-ROOTS CENTRE is a wonderful milestone achievement but what I am even more excited about is the interest we are getting throughout North America from prospective joint venture partners and host communities. Demand is even greater than we anticipated. Projects are aggressively underway in Minneapolis-our important entry point for the United States-as well as Regina, the Greater Vancouver Region, and the Greater Toronto Area, with the list of projects growing weekly."
Yves R. Michel, GMEV CEO applauded the milestone achievement this week and further added, "Food sustainability and reliability have become two of the most important goals within North American communities today. Foundation Farms has developed a business strategy that provides the components as well as the assembly, packaging and distribution systems to achieve those goals in every community serviced by E-ROOTS CENTRES."
Yves R. Michel
Chief Executive Officer and Director
208 East 51st St., Suite 170
New York, NY 10022
Source: GME Innotainment, Inc. ("GMEV")
www.srcorpgroup.com/
Released April 20, 2021
OTCPink:GMEV
This press release may include certain statements that are forward-looking in nature and that involve a number of uncertainties and risks. Such forward-looking statements are within the meaning of that term in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The forward-looking statements in this press release are based on GME Innotainment, Inc., current expectations and projections regarding future events, which are based on currently available information. The forward-looking statements in this press release may also include statements relating to GME Innotainment, Inc.'s anticipated new developments, business prospects, financial performance, strategies and similar matters. GME Innotainment, Inc. disclaims any obligation to update any of its forward-looking statements, except as may be required by law.
SOURCE: GME Innotainment, Inc.
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