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Affinor” or the “ Company”) (CSE: AFI) (OTCQB: RSSFF) is pleased to provide a market update on the new Abbotsford 15,000 square foot leased greenhouse building as per news release dated January 22, 2021. On Dec. 1, 2020, new management was installed, and has been focused on the completion of our first commercial automated vertical farm showcase. Purchase orders have been issued for all construction and electrical work, including parts and labor needed for completion. The company has also applied for a BC Hydro 600V 400A power upgrade to the building to work with our electrical contractor Premium Electric. Once BC Hydro completes the power upgrade, Affinor Growers will be able to set a planting and launch date for production of strawberries and romaine lettuce. Shortly thereafter, the company plans to submit an application to Health Canada for a micro-cultivation license including cannabis evidence package. This is expected to be completed sometime this summer pendi ....
Affinor Growers moving into cannabis with its modular, hydroponic-focused technology proactiveinvestors.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from proactiveinvestors.com Daily Mail and Mail on Sunday newspapers.
[email protected] Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release. CAUTION REGARDING FORWARD-LOOKING INFORMATION This news release includes certain statements that may be deemed forward-looking statements . All statements in this new release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words expects , plans , anticipates , believes , intends , estimates , projects , potential and similar expressions, or that events or conditions will , would , may , could or should occur. Although the Company believes the expectations expressed in such forward-looking statements ....
VANCOUVER, British Columbia, Jan. 21, 2021 (GLOBE NEWSWIRE) Affinor Growers Inc. (“ Affinor” or the “ Company”) (CSE: AFI) (OTCQB: RSSFF) is pleased to announce that it has entered into a lease agreement (the “ Lease”) with Nick Brusatore (“ Mr. Brusatore”) dated January 21, 2021, pursuant to which the Company has agreed to lease approximately 27,000,000 aggregate square feet of rentable area, consisting of a 15,000 square foot greenhouse operation and a 12,000 square foot composting building located in in Abbotsford, British Columbia (the “ Premises”) from Mr. Brusatore (the “ Transaction”). Pursuant to the terms of the Lease, the Company will lease the Premises for a term of ten (10) years commencing on March 1, 2021 and ending on February 28, 2031. The Company also has the option to renew the Lease for one (1) additional five (5) year term. The Company will use the Premises for the planting, growing and harvesting of vario ....