VANCOUVER, BC, Feb. 7, 2022 /CNW/ - CubicFarm® Systems
Corp. ("CubicFarms" or the "Company") (TSX: CUB), a
leading local chain agricultural technology company, announced
today that Tom Wiltrout has been
appointed to the Company's HydroGreen Business Advisory Board.
HydroGreen, a division of CubicFarms, develops and delivers
automated fresh livestock feed growing technology.
Tom Wiltrout provides business
consulting services for input agriculture and the global seeds
industry in his role as President of Thirty Thirty, LLC. He
is a senior executive at world-leading agriculture investor
group Ospraie Ag Science, LLC, a strategic shareholder in the
Company with approximately 16.6% ownership of CubicFarms.
As Global Strategy Leader at Dow AgroSciences, Wiltrout was
instrumental in leading Dow AgroSciences to becoming one of the top
5 global seeds and traits companies. He spent 35 years at Dow
AgroSciences developing the global seeds business and previously
served in roles including general manager for North American seeds
and Global Business Leader for corn.
"At Ospraie, we first identified HydroGreen as an exciting
ag-tech solution to help farmers do more with significantly less
land and water," said Wiltrout. "Reliable, consistent daily
harvests using fewer resources help dairy and beef producers
support their animals with more nutrient-dense forage. I've spent
many years in the forage seed business in the selection, sourcing,
and ongoing development of seed varieties. The benefits of
HydroGreen's indoor growing process and animal performance results
achieved are truly remarkable."
"The CubicFarms and HydroGreen teams are committed to providing
a new disruptive technology to complement forage production," said
Wiltrout. "It always takes great leadership to successfully
launch a new technology."
An experienced board member within the agricultural industry,
Wiltrout currently serves as a board member of CO2 Gro, LLC; Pro
Terra Ag, LLC; Ag Alumni Seeds; and Innovative Seeds Solutions,
LLC. Previously, he served on the boards of Remington Holding, LLC; Illinois Foundation
Seeds; Seed Genetics, LLC; Mertec, LLC; Verneuil Semences; the
American Seed Trade Association; and AgrIInstitute, Indiana's premiere agricultural leadership
program.
Purdue University College of
Agriculture and Purdue Agricultural Alumni Association recognized
Wiltrout's significant accomplishments as a Distinguished Ag Alumni
who earned his Bachelor of Science and master's degree in
forestry from Purdue University. He
also attended Babson College's
Executive Education program.
"We're thrilled to welcome Tom
Wiltrout, a supportive partner from Ospraie Ag Science, to
our HydroGreen Business Advisory Board," said Dan Schmidt, President, HydroGreen. "Tom brings
decades of international agriculture business experience and
significant expertise. With the increasing demand for our
HydroGreen technology across North
America and beyond, Tom's contributions will be pivotal in
this period of growth for the Company."
About CubicFarms
CubicFarms is a leading local chain agricultural technology
company developing and deploying technology to feed a changing
world. Its proprietary ag-tech solutions enable growers to produce
high quality, predictable produce and fresh livestock feed with
HydroGreen Nutrition Technology, a division of CubicFarm Systems
Corp. The CubicFarms™ system contains patented technology for
growing leafy greens and other crops onsite, indoors, all year
round. CubicFarms provides an efficient, localized food supply
solution that benefits our people, planet, and economy.
For more information, please visit www.cubicfarms.com.
On behalf of the Board of Directors
"Dave Dinesen"
Dave Dinesen, Chief Executive Officer
This release may contain certain "forward-looking statements" or
"forward-looking information" under applicable securities laws.
Forward-looking terms such as "may," "will," "could," "should,"
"would," "plan," "potential," "intend," "anticipate," "project,"
"target," "believe," "plan," "outlook," "estimate," or "expect" and
other words, terms and phrases of similar nature are often intended
to identify forward-looking statements, although not all
forward-looking statements contain these identifying words.
Forward-looking statements are based on certain key expectations
and assumptions made by the Company. Although management of the
Company believes that the expectations and assumptions on which
such forward-looking statements are based are reasonable, undue
reliance should not be placed on the forward-looking statements
because the Company can give no assurance that they will prove to
be correct.
SOURCE CubicFarm Systems Corp.