CubicFarm Systems announced two additional dealers of its HydroGreen Certified Dealer Network to meet increasing distribution demand for the company's automated HydroGreen technology for the on-farm growing of fresh green livestock feed. Initial sales commitments from the HydroGreen Dealer Network include over 80 modules in 2022, valued at over CAD $17.5 million.
"We are working directly with Hansen Industries and Dihl Grohs International to deliver, install and support farmers with our latest on-farm ag-tech," said Dan Schmidt, President, HydroGreen.
Hansen Industries and Dihl Grohs International signed non-binding letters of intent ("LOIs") to become official members of the HydroGreen Certified Dealer Network selling the HydroGreen Grow System indoor growing technologies to their customers.
Together, Hansen and DGI have committed to an initial 30 HydroGreen Grow System modules under contract by the end of 2022, to be installed once the Farmer Partners have confirmed site readiness. This initial tranche of committals for 2022 will provide a minimum value of CAD $7.5 million for the Company.