CubicFarms Announces Sale of HydroGreen's Commercial-Scale Equipment to Leading Italian Dairy

Aug 24, 2023

CubicFarm® Systems Corp. ("CubicFarms" or the "Company") (TSX: CUB), a leading agricultural technology company, announced that its ruminant livestock feed subsidiary company, HydroGreen Inc. ("HydroGreen"), has closed a sale with Cirio Agricola S.r.l., a prestigious, technologically-advanced dairy farm in Piana di Monte Verna, Italy, and one of the country's top producers of milk.

In this deal, six HydroGreen GLS 808 machines (one GLS "system") will be sold to Cirio Agricola via Feed Solutions LLC, HydroGreen's distribution Partner for the Italian market. "We are honoured to have Cirio Agricola as our partner, as the most technologically advanced dairy in Italy, they continue to pave the road for a gold standard in sustainable milk production," says Managing Member of Feed Solutions LLC, Nick Del Verme. The GLS system can produce over 34,000 pounds of feed per day, which Cirio plans to incorporate into the ration for over 750 dairy cows, representing 18% of their herd.

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