Affinor Growers Outlines Plans for 2017 - Seite 2

Affinor's next objective is to install another 4 level tower doubling the plant density, holding 256 plants in 100 square feet, by early 2017, doubling the production within the same footprint.

LED Lighting Testing

Affinor's technology will require supplemental lighting in order to grow product year round for many greenhouse crops. A new technologically advanced LED Lighting company located in Monroe, Washington has developed new LED technology with the penetration, lumen output, and spectral array superior to any other agriculture LED system. It will also consume a third of the energy of current LED systems making them the most efficient in the market. Affinor has purchased this system for the strawberry tower located at the University of the Fraser Valley facility in Surrey for continual harvesting throughout the winter months. Affinor will be the only agriculture company using this technology and is currently negotiating the rights to resell the technology exclusively in the agriculture industry in Canada.

THC BioMed Prototype and Cannabis Cultivation Project

Affinor has an agreement with THC BioMed located in Kelowna, BC to trial cannabis with our technology. As cannabis becomes more established in North America, cost effective commercial production and greenhouse systems will be used as the market stabilizes and competitive advantage is achieved via efficiencies. Affinor sees this as an opportunity to diversity our technology into other markets with high value crops and be the first vertical system actively growing cannabis in Canada. Affinor will be fabricating and shipping a working prototype to THC BioMed in the fall 2016.

As well, Affinor has an option agreement to acquire a cannabis production license from D&G Inc if they are successful in obtaining a legal federal license. Once owned by Affinor, D&G Inc. is currently still in the review process of their application for the MMPR, which is now the ACMPR. Under the agreement, Affinor has the option to acquire the license once issued. If exercised, this would be an opportunity for Affinor to have a legal cannabis RD and cultivation center. This was the original intention acquiring D&G Inc, however, obtaining a license from Health Canada took longer than expected and Affinor decided to partner with THC BioMed to help conduct growth trials in the cannabis market directly.