VANCOUVER, BC, Sept. 7, 2021 /CNW/ - CubicFarm® Systems Corp.
("CubicFarms" or the "Company") (TSX: CUB), a local chain
agricultural technology company, today announced that the Business
Intelligence Group named the HydroGreen Grow System, an indoor
growing technology for fresh livestock feed, as "Sustainability
Product of the Year" in the 2021 Sustainability Awards program. The
Sustainability Awards honour those people, teams, and organizations
who have made sustainability an integral part of their business
practice or overall mission. The judges recognized several
finalists for the global awards, including CubicFarms.
"We are proud to reward HydroGreen and recognize CubicFarms for
their sustainability efforts," said Maria
Jimenez, Chief Nominations Officer, Business Intelligence
Group. "It was clear to our judges that their vision and strategy
will continue to deliver results toward a cleaner, more sustainable
world. Congratulations!"
The HydroGreen Grow System and the CubicFarm System indoor
growing technologies convert wasteful long supply chain agriculture
into local chains, enabling farmers to grow more with significantly
less land, water, waste, and physical labour. Farmers using these
technologies are growing delicious fresh produce and nutritious
livestock superfeed in any climate, year-round.
"We're thrilled that HydroGreen's technology has won
'Sustainability Product of the Year' for 2021," said Dan Schmidt, President, HydroGreen. "As a
technology company founded by farmers, we're passionate about
helping farmers to keep growing sustainably. HydroGreen's
technology allows farmers to maintain their independence and
protects our resources now, and for future generations."
The HydroGreen Grow System technology was designed for areas
impacted by water scarcity and uses 90% less water than
conventional irrigated field crops. Farmers can harvest fresh
livestock feed daily, exponentially increasing output by producing
up to 360 harvests annually, compared to two harvests per year
using traditional farming methods.
For fresh produce, CubicFarms' unique patented Crop Motion
Technology™ moves the plants, maximizing cubic square footage while
moving trays to the front of the module for seeding and harvesting.
The CubicFarm System uses significantly less land and water
compared to field farming to grow the same amount of fresh
produce.
"To reliably feed ourselves going forward, we need to utilize
our limited and precious resources much more efficiently and
leveraging technology will enable us to do that," said Dave
Dinesen, Chief Executive Officer, CubicFarms. "We believe indoor
growing is the solution necessary for more sustainable farming for
the future. Congratulations to all recognized by the Business
Intelligence Group in this year's Sustainability Awards!"
About CubicFarms
CubicFarms is a local chain agricultural technology company
developing and deploying technology to feed a changing world. Its
proprietary ag-tech solutions enable growers to produce high
quality, predictable produce and fresh livestock feed with
HydroGreen Nutrition Technology, a division of CubicFarm Systems
Corp. The CubicFarms™ system contains patented technology for
growing leafy greens and other crops onsite, indoors, all year
round. CubicFarms provides an efficient, localized food supply
solution that benefits our people, planet, and economy.
For more information, please visit www.cubicfarms.com.
About Business Intelligence Group
The Business Intelligence Group was founded with the mission of
recognizing true talent and superior performance in the business
world. Unlike other industry award programs, business
executives—those with experience and knowledge—judge the programs.
The organization's proprietary and unique scoring system
selectively measures performance across multiple business domains
and then rewards those companies whose achievements stand above
those of their peers.
On behalf of the Board of Directors
"Dave Dinesen"
Dave Dinesen, Chief Executive Officer
SOURCE CubicFarm Systems Corp.