Brief: AgriFORCE Announces Purchase Agreement With Stronghold Power Systems

AVAX One Technology

22/09/2022 14:40

Sept 22 (Reuters) - AgriFORCE Growing Systems Ltd
 AGRI.O :
    * 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 - REPRESENTS COLLABORATION WITH
STRONGHOLD ENGINEERING INC. AND STRONGHOLD POWER SYSTEMS INC. IN
CITY OF COACHELLA
    * AGRIFORCE GROWING SYSTEMS - EACH NEW FACILITY COULD
GENERATE IN
EXCESS OF $40 MILLION OF ANNUALIZED, HIGH-MARGIN IP ROYALTY AND
LEASING FEES TO CO

Source text for Eikon:  ID:nGNXbzKdq 
Further company coverage:  AGRI.O 
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