Micro Cap Soars To Start The Week

By: Dylan Sikes – AllPennyStocks.com News

Monday, June 12, 2023

A dually-listed ag-tech company turned heads on Monday after the company announced that it is now fully commissioned at Vertical Acres Farm LLC, an Indiana -based produce company. According to the release, Vertical Acres purchased 20 machines and one fertigator from CubicFarm Systems Corp. (TSX:CUB) (OTCPK:CUBXF) for C$3.8M.

Traders were excited by the announcement as shares trading on the Canadian side of things closed up at $0.03/share (+50.00%) on Monday. This move was a breath of fresh air for long term shareholders that have been holding this stock during the multi-month downtrend these shares have seen.

CubicFarm Systems Corp is an ag-tech company providing automated growing systems for fresh produce and animal feed. It offers turnkey, commercial scale, hydroponic, automated controlled-environment growing systems that can grow predictably and sustainably for 12 months of the year virtually anywhere on earth. The company enables its customers to grow locally and to provide their markets with safe, sustainable, secure and fresh ingredients that are consistent in colour, size, taste, nutrition and allows for a longer shelf life. Further support is provided to customers through the Company's patent-pending germination technology and proprietary auto harvesting and processing methods.

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