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     1347  0 Kommentare AgraFlora’s Delta Greenhouse Receives Agriculture Loan - Seite 2

    About Propagation Services Canada

    Propagation Services Canada is a joint-venture formed between AgraFlora and the Houwelings Group, one of North America’s leading producers and innovators in the greenhouse vegetable production industry. For three generations, Houwelings has been championing innovation in North American vegetable production, holding multiple patents and developing large-scale commercial greenhouses in British Columbia, California and Utah. The Houwelings Group was the first in the USA to utilize combined heat and power co-generation, and the first to develop a proprietary sealed growing technology. Through the JV, Propagation Services Canada will operate an automated greenhouse facility with an expandable footprint of up to 2,200,000 sq. ft. Propagation Services Canada is expected to commence cannabis operations and revenue in 2020 with a focus on producing high-potency cannabis at the lowest possible cost to drive margin growth and profitability.

    ON BEHALF OF THE BOARD OF DIRECTORS
    Brandon Boddy
    Chairman & CEO
    T: (604) 398-3147

    For additional information: For French inquiries:
       
    AgraFlora Organics International Inc. Maricom Inc.
    Nicholas Konkin Remy Scalabrini
    E: ir@agraflora.com E: rs@maricom.ca
    T: (800) 783-6056 T: (888) 585-MARI

    The CSE and Information Service Provider have not reviewed and does not accept responsibility for the accuracy or adequacy of this release.

    Forward-looking Information Cautionary Statement
    Except for statements of historic fact this news release contains certain “forward-looking information” within the meaning of applicable securities law. Forward-looking information is frequently characterized by words such as “plan” “expect” “project” “intend” “believe” “anticipate” “estimate” and other similar words or statements that certain events or conditions “may” or “will” occur. Forward-looking statements are based on the opinions and estimates at the date the statements are made and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated in the forward-looking statements including but not limited to delays or uncertainties with regulatory approvals including that of the CSE. There are uncertainties inherent in forward-looking information including factors beyond the Company’s control. There are no assurances that the business plans for AgraFlora Organics described in this news release will come into effect on the terms or time frame described herein. The Company undertakes no obligation to update forward-looking information if circumstances or management’s estimates or opinions should change except as required by law. The reader is cautioned not to place undue reliance on forward-looking statements. Additional information identifying risks and uncertainties that could affect financial results is contained in the Company’s filings with Canadian securities regulators which are available at www.sedar.com.


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    AgraFlora’s Delta Greenhouse Receives Agriculture Loan - Seite 2 VANCOUVER, British Columbia, Nov. 23, 2020 (GLOBE NEWSWIRE) - AgraFlora Organics International Inc. (“AgraFlora” or the “Company”) (CSE: AGRA) (Frankfurt: PU31) (OTCPK: AGFAF) is pleased to announce that Propagation Services Canada Inc., the …