logo_affinor_growersAffinor Growers, Inc is one of the companies that have diversified their portfolios and made their entries into the medical cannabis industry. Based in Canada, Affinor started out as a mining company but is now a grower of various produce and on its way to growing premier medical marijuana.

The company was founded in 1996 and was formerly known as Affinor Resources, Inc. It operated as a junior mining company that had projects in Canada as well as Colombia. The company states that when it discovered a group of experts who were working on mass-producing plants using a non-GMO system, it recognized the opportunities in plant cultivation. This, combined with the cannabis “green rush” happening in North America, prompted the company to expand into the industry.

In May 2014, the company became Affinor Growers, Inc. With a market cap of USD 11.45 M, it is listed in multiple exchanges: the Canadian Securities Exchange as AFI, the US OTCQB as RSSFF, and the Frankfurt Exchange as 1AF.

AFI emphasizes business adaptability in its expansion to growing marijuana. It is now waiting for the approval of its license under Health Canada’s Marihuana for Medical Purposes Regulations (MMPR).

In the meantime, the company is a leading grower of non-GMO, pesticide-free strawberries. It is also completing its facilities for producing high-quality leafy green vegetables such as spinach and lettuce, and these facilities will also eventually be used for medical-grade marijuana. For its current growing operations, it uses proprietary technologies to control growing environments and nutrient levels, as well as to pollinate plants.

The management team at AFI is led by CEO and President Sebastien Plouffe, alongside Chairman Nick Brusatore, CFO Greg Dennison, and COO Jarrett Malnarick.


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UPDATE -- Affinor Growers Announces Lease Agreement and Unit Private Placement

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES VANCOUVER, British Columbia, Jan. 22, 2021 (GLOBE NEWSWIRE) -- Affinor Growers Inc. (“Affinor” or the “Company”) (CSE: AFI) (OTCQB: RSSFF) is pleased to announce that it has entered into a lease agreement (the “Lease”) with Nick Brusatore (“Mr. Brusatore”) dated January 21, 2021, pursuant to which the Company has agreed to lease approximately 27,000 aggregate square feet of rentable area, consisting of a 15,000 square foot greenhouse operation and a 12,000 square foot composting building located in in Abbotsford, British Columbia (the “Premises”) from Mr. Brusatore (the “Transaction”). Pursuant to the terms of the Lease, the Company will lease the Premises for a term of ten (10) years commencing on March 1, 2021 and ending on February 28, 2031. The Company also has the option to renew the Lease for one (1) additional five (5) year term. The Company will use the Premises for the planting, growing and harvesting of various fruits and vegetables, and other ancillary uses related to the Company’s business. Nick Brusatore: I am extremely excited about the new direction of Affinor Growers as the awareness and demand for locally grown produce is very apparent and upon Us, I believe in our passionate new management team along with our patented vertical technology coupled with our new poly carbonate greenhouse to take us into revenue. The Transaction constitutes a “related party transaction” within the meaning of Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions ("MI 61-101") as Mr. Brusatore is also a director and Chief Executive Officer of the Company. The Transaction is exempt from the formal valuation and minority shareholder approval requirements under MI 61-101 pursuant to sections 5.5(a) and 5.7(1)(a) as the fair market value of the Transaction does not exceed 25% of the Company’s market capitalization. The Company will file a material change report in respect of the Lease. However, the material change report will not be filed at least 21 days prior to the entering the Lease as the details of the Lease had not been confirmed at that time. Private Placement The Company is also pleased to announce it is undertaking a private placement of up to 28,571,428 units (the “Units”) at a price of CDN$0.035 per Unit for gross proceeds of up to CDN$1,000,000 (the “Offering”). Each Unit consists of one common share of the Company (a “Share”) and one common share purchase warrant (a “Warrant”). Each Warrant will entitle the holder to acquire one additional Share (a “Warrant Share”) at a price of CDN$0.05 per Warrant Share, for a period of 12 months from the date of issuance. The net proceeds of the Offering will be used to fulfill the Company’s obligations pursuant to the Lease. The Offering is subject to a number of conditions, including receipt of all necessary corporate and regulatory approvals, including the approvals of the Canadian Securities Exchange (the “CSE”). All securities issued in connection with the Offering will be subject to a statutory hold period of four months plus a day from the date of issuance in accordance with applicable securities laws. A finder's fee may be paid in connection with the Offering to eligible arm's length finders in accordance with CSE policies and applicable securities laws. The securities offered have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act"), or any state securities laws and may not be offered or sold absent registration or compliance with an applicable exemption from the registration requirements of the U.S. Securities Act and applicable state securities laws. About Affinor Affinor is a publicly traded company listed on the CSE under the symbol "AFI" and on the OTCQB under the symbol “RSSFF”. Affinor is focused on developing vertical farming technologies and using those technologies to grow fruits and vegetables in a sustainable manner. To learn more about Affinor, visit: https://www.affinorgrowers.com/en On behalf of the Board of Directors,Affinor Growers Inc. Nick BrusatoreDirector /CEOnick@affinorgrowers.com Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release. CAUTION REGARDING FORWARD-LOOKING INFORMATION This news release includes certain statements that may be deemed "forward-looking statements". All statements in this new release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include market prices, continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of the Company's management on the date the statements are made. Except as required by applicable securities laws, the Company undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.

Affinor Growers Announces Lease Agreement and Unit Private Placement

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES VANCOUVER, British Columbia, Jan. 21, 2021 (GLOBE NEWSWIRE) -- Affinor Growers Inc. (“Affinor” or the “Company”) (CSE: AFI) (OTCQB: RSSFF) is pleased to announce that it has entered into a lease agreement (the “Lease”) with Nick Brusatore (“Mr. Brusatore”) dated January 21, 2021, pursuant to which the Company has agreed to lease approximately 27,000,000 aggregate square feet of rentable area, consisting of a 15,000 square foot greenhouse operation and a 12,000 square foot composting building located in in Abbotsford, British Columbia (the “Premises”) from Mr. Brusatore (the “Transaction”). Pursuant to the terms of the Lease, the Company will lease the Premises for a term of ten (10) years commencing on March 1, 2021 and ending on February 28, 2031. The Company also has the option to renew the Lease for one (1) additional five (5) year term. The Company will use the Premises for the planting, growing and harvesting of various fruits and vegetables, and other ancillary uses related to the Company’s business. Nick Brusatore: I am extremely excited about the new direction of Affinor Growers as the awareness and demand for locally grown produce is very apparent and upon Us, I believe in our passionate new management team along with our patented vertical technology coupled with our new poly carbonate greenhouse to take us into revenue. The Transaction constitutes a “related party transaction” within the meaning of Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions ("MI 61-101") as Mr. Brusatore is also a director and Chief Executive Officer of the Company. The Transaction is exempt from the formal valuation and minority shareholder approval requirements under MI 61-101 pursuant to sections 5.5(a) and 5.7(1)(a) as the fair market value of the Transaction does not exceed 25% of the Company’s market capitalization. The Company will file a material change report in respect of the Lease. However, the material change report will not be filed at least 21 days prior to the entering the Lease as the details of the Lease had not been confirmed at that time. Private Placement The Company is also pleased to announce it is undertaking a private placement of up to 28,571,428 units (the “Units”) at a price of CDN$0.035 per Unit for gross proceeds of up to CDN$1,000,000 (the “Offering”). Each Unit consists of one common share of the Company (a “Share”) and one common share purchase warrant (a “Warrant”). Each Warrant will entitle the holder to acquire one additional Share (a “Warrant Share”) at a price of CDN$0.05 per Warrant Share, for a period of 12 months from the date of issuance. The net proceeds of the Offering will be used to fulfill the Company’s obligations pursuant to the Lease. The Offering is subject to a number of conditions, including receipt of all necessary corporate and regulatory approvals, including the approvals of the Canadian Securities Exchange (the “CSE”). All securities issued in connection with the Offering will be subject to a statutory hold period of four months plus a day from the date of issuance in accordance with applicable securities laws. A finder's fee may be paid in connection with the Offering to eligible arm's length finders in accordance with CSE policies and applicable securities laws. The securities offered have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act"), or any state securities laws and may not be offered or sold absent registration or compliance with an applicable exemption from the registration requirements of the U.S. Securities Act and applicable state securities laws. About Affinor Affinor is a publicly traded company listed on the CSE under the symbol "AFI" and on the OTCQB under the symbol “RSSFF”. Affinor is focused on developing vertical farming technologies and using those technologies to grow fruits and vegetables in a sustainable manner. To learn more about Affinor, visit: https://www.affinorgrowers.com/en On behalf of the Board of Directors,Affinor Growers Inc. Nick BrusatoreDirector /CEOnick@affinorgrowers.com Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release. CAUTION REGARDING FORWARD-LOOKING INFORMATION This news release includes certain statements that may be deemed "forward-looking statements". All statements in this new release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include market prices, continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of the Company's management on the date the statements are made. Except as required by applicable securities laws, the Company undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.

Affinor Growers Announces New Design & Issuance of U.S. Patent for Vertical Growing Technology

VANCOUVER, British Columbia, Jan. 11, 2021 (GLOBE NEWSWIRE) -- Affinor Growers Inc. (“Affinor” or the “Company”) (CSE: AFI) (OTCQB: RSSFF) is pleased to announce that the United States Patent and Trademark Office has issued U.S. Patent No. US D896,690 S on September 22, 2020 in relation to the Company’s new hydroponic home Vertical Growing Technology. This new hydroponic vertical growing design is slated for the home consumer to produce fresh fruits and vegetables. Though the product it is not quite ready for distribution or sales, it is certainly a great addition to the Company’s patent portfolio of Vertical Growing Technology as the Company gets closer to commercialization.Nick Brusatore CEO: “I am excited to see the patents issued to Affinor as we begin to commercialize and realize on the value that vertical farming brings to the world.”About Affinor Affinor is a publicly traded company on the CSE under the symbol "AFI" and on the OTCQB under the symbol “RSSFF”. Affinor is focused on developing vertical farming technologies and using those technologies to grow fruits and vegetables in a sustainable manner.To learn more about Affinor, visit: https://www.affinorgrowers.com/enOn behalf of the Board of Directors, Affinor Growers Inc.Nick Brusatore Director /CEO nick@affinorgrowers.comNeither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.CAUTION REGARDING FORWARD-LOOKING INFORMATIONCertain statements contained in this news release may constitute forward‐looking information. Forward‐looking information is often, but not always, identified by the use of words such as “anticipate”, “plan”, “estimate”, “expect”, “may”, “will”, “intend”, “should”, and similar expressions. Forward‐looking information involves known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward‐looking information. The Company’s actual results could differ materially from those anticipated in this forward‐looking information as a result of regulatory decisions, competitive factors in the industries in which the Company operates, prevailing economic conditions, changes to the Company’s strategic growth plans, and other factors, many of which are beyond the control of the Company. The Company believes that the expectations reflected in the forward‐looking information are reasonable, but no assurance can be given that these expectations will prove to be correct and such forward‐looking information should not be unduly relied upon. Any forward‐looking information contained in this news release represents the Company’s expectations as of the date hereof, and is subject to change after such date. The Company disclaims any intention or obligation to update or revise any forward‐looking information whether as a result of new information, future events or otherwise, except as required by applicable securities legislation.

Affinor Growers Announces Issuance of U.S. Patent for Vertical Growing Technology

VANCOUVER, British Columbia, Dec. 09, 2020 (GLOBE NEWSWIRE) -- Affinor Growers Inc. (“Affinor” or the “Company”) (CSE: AFI) (OTCQB: RSSFF) is pleased to announce that the United States Patent and Trademark Office has issued U.S. Patent No. 10,842,084 (“Patent 084”) on November 24, 2020 in relation to the Company’s vertical growing technology. The Company’s initial robust design was a breakthrough in vertical farming technology. Patent 084 is heavily based on the Company’s initial concept but streamlines the design for ease of manufacturing, shipping, maintenance, and harvesting. The improvements will enable the Company to reduce costs and distribute to wider markets.About Affinor Affinor is a publicly traded company on the CSE under the symbol "AFI" and on the OTCQB under the symbol “RSSFF”. Affinor is focused on developing vertical farming technologies and using those technologies to grow fruits and vegetables in a sustainable manner.To learn more about Affinor, visit: https://www.affinorgrowers.com/en.On behalf of the Board of Directors, Affinor Growers Inc.Nick Brusatore Director /CEO nbrusatore@gmail.comNeither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.CAUTION REGARDING FORWARD-LOOKING INFORMATIONCertain statements contained in this news release may constitute forward‐looking information. Forward‐looking information is often, but not always, identified by the use of words such as “anticipate”, “plan”, “estimate”, “expect”, “may”, “will”, “intend”, “should”, and similar expressions. Forward‐looking information involves known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward‐looking information. The Company’s actual results could differ materially from those anticipated in this forward‐looking information as a result of regulatory decisions, competitive factors in the industries in which the Company operates, prevailing economic conditions, changes to the Company’s strategic growth plans, and other factors, many of which are beyond the control of the Company. The Company believes that the expectations reflected in the forward‐looking information are reasonable, but no assurance can be given that these expectations will prove to be correct and such forward‐looking information should not be unduly relied upon. Any forward‐looking information contained in this news release represents the Company’s expectations as of the date hereof, and is subject to change after such date. The Company disclaims any intention or obligation to update or revise any forward‐looking information whether as a result of new information, future events or otherwise, except as required by applicable securities legislation.

Affinor Growers Announces Management Changes

VANCOUVER, British Columbia, Dec. 08, 2020 (GLOBE NEWSWIRE) -- Affinor Growers Inc. (“Affinor” or the “Company”) (CSE: AFI) (OTCQB: RSSFF) is pleased to announce the appointment of Sarj Dhaliwal as Chief Financial Officer of the Company. Sarj Dhaliwal is a CPA (CA) with extensive experience in high growth technology companies. Ms. Dhaliwal brings a unique blend of senior finance, operations, sales, and marketing experience to the Company. The Company further announces the appointment of Ron Fraser as Chief Operating Officer of the Company. Mr. Fraser’s mechanical design engineering background encompasses the mining, oil, and gas sectors on mega projects around the world based in Vancouver.About Affinor Affinor is a publicly traded company on the CSE under the symbol "AFI" and on the OTCQB under the symbol “RSSFF”. Affinor is focused on developing vertical farming technologies and using those technologies to grow fruits and vegetables in a sustainable manner.To learn more about Affinor, visit: https://www.affinorgrowers.com/enOn behalf of the Board of Directors, Affinor Growers Inc.Nick Brusatore Director /CEO nbrusatore@gmail.comNeither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.CAUTION REGARDING FORWARD-LOOKING INFORMATIONCertain statements contained in this news release may constitute forward‐looking information. Forward‐looking information is often, but not always, identified by the use of words such as “anticipate”, “plan”, “estimate”, “expect”, “may”, “will”, “intend”, “should”, and similar expressions. Forward‐looking information involves known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward‐looking information. The Company’s actual results could differ materially from those anticipated in this forward‐looking information as a result of regulatory decisions, competitive factors in the industries in which the Company operates, prevailing economic conditions, changes to the Company’s strategic growth plans, and other factors, many of which are beyond the control of the Company. The Company believes that the expectations reflected in the forward‐looking information are reasonable, but no assurance can be given that these expectations will prove to be correct and such forward‐looking information should not be unduly relied upon. Any forward‐looking information contained in this news release represents the Company’s expectations as of the date hereof, and is subject to change after such date. The Company disclaims any intention or obligation to update or revise any forward‐looking information whether as a result of new information, future events or otherwise, except as required by applicable securities legislation.