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Stock impact report

AgriFORCE Announces Purchase Agreement with Stronghold Power Systems to Acquire Land for Planned Development of First Coachella Campus for Proprietary and State-of-the-Art CEA Facility

AgriFORCE Growing Systems Ltd. - Common Shares (AGRI) 
Company Research Source: GlobeNewswire
Represents collaboration with Stronghold Engineering Inc. and Stronghold Power Systems Inc. in the City of Coachella At full operational optimization, management believes each new facility could generate in excess of $40 million of annualized, high-margin IP royalty and leasing fees to the Company 1 Multiple facilities planned to enable cultivators to produce high quality crops and intended to provide local jobs to support the community VANCOUVER, British Columbia, Sept. 22, 2022 (GLOBE NEWSWIRE) -- AgriFORCE Growing Systems Ltd. (“the Company”) (NASDAQ: AGRI; AGRIW), an intellectual property (IP)-focused AgTech company dedicated to advancing sustainable cultivation and crop optimization across multiple platforms, today announced it has entered into a three-way agreement with Stronghold Power Systems Inc. (SPSI) and Stronghold Engineering Inc. (SEI), whereby AgriFORCE will acquire and the Parties will jointly develop a 34-acre property, which will serve as the first Coachella Cam Show less Read more
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