Affinor Growers Stock Price, News & Analysis

Affinor Growers Inc. (RSSFF) is a publicly traded agriculture company focused on vertical farming technologies and the sustainable production of fruits and vegetables. The company is listed on the Canadian Securities Exchange under the symbol "AFI" and trades in the United States on the OTC markets under the symbol "RSSFF". According to its public disclosures, Affinor concentrates on developing and applying proprietary growing systems to produce food crops in controlled environments.

Affinor states that it is focused on developing vertical farming technologies and using those technologies to grow fruits and vegetables in a sustainable manner. In earlier company materials, Affinor also described plans and activities related to cannabis and craft cannabis programs, but more recent descriptions emphasize fruits and vegetables, particularly strawberries, and broader vertical farming applications.

Business focus and vertical farming technology

Affinor highlights its work on automated vertical farm systems and proprietary greenhouse designs. The company has described a patented rotating tower system, with patents referenced in Canada, the United States, Colombia, and Aruba. These towers are used in a greenhouse setting to grow crops in multiple levels, with automation and controlled processes intended to support year-round production.

In its public updates, Affinor has also referenced a proprietary greenhouse design called the “Atlantis” greenhouse, which is intended to support growing at multiple vertical levels. The company has indicated that this design is aimed at increasing yield per square foot and reducing certain operating costs by expanding the number of growing levels compared with earlier tower configurations.

Greenhouse operations and crops

Affinor has reported operating a 15,000 square foot greenhouse in Abbotsford, British Columbia. In that facility, the company has described growing strawberries for local markets using its vertical farming systems. Public statements note that strawberries have been grown from seedlings in the greenhouse and harvested, packaged, and delivered to local retailers.

The company has also indicated that its systems are designed to support other crops. In various disclosures, Affinor has mentioned romaine lettuce, kale, and spinach as additional crops that its greenhouse and technology are intended to accommodate. Earlier communications also referenced plans to use part of the greenhouse structure for an automated craft cannabis program and to apply for a micro-cultivation license with Health Canada, reflecting an interest in cannabis alongside food crops at that time.

Distribution and local market positioning

Affinor has described selling vertically grown, vine-ripened strawberries into local markets in British Columbia. The company reported shipments of strawberries to Four Seasons Farm at Granville Island Public Market and to an IGA store in Vancouver, with distribution handled through Berrymobile. These activities were characterized as part of a commercial pilot for its greenhouse and rotating tower systems, demonstrating the use of its technology in a local supply chain.

In its commentary, Affinor has emphasized that its strawberries are grown in a greenhouse environment and marketed as a local product from Abbotsford. The company has also highlighted feedback on flavour and texture as part of its description of how its growing methods and local distribution may differentiate the product from imported alternatives.

Sustainability and technology themes

Affinor repeatedly associates its business with sustainable agriculture and clean agriculture technology. Public communications reference goals such as reducing water usage, exploring alternative energy solutions, and supporting soil remediation through composting technology. The company has described efforts to integrate elements such as solar power and energy storage into its greenhouse operations, and has linked its technology to broader objectives around sustainability and profitability.

In addition, Affinor has discussed plans to license its patented technology, automation processes, and quality assurance processes globally. The company has also indicated an intention to own land and facilities as it expands across Canada, positioning its greenhouse projects as both production sites and showcases for its vertical farming systems.

Association and industry participation

Affinor has announced that it joined the Canadian Hydroponic Association (CHA). The CHA is described as an organization that supports hydroponic technologies and sustainable farming practices, with a mission focused on reducing reliance on imported produce and promoting fresh, local food production. Affinor’s participation in this association aligns with its stated focus on vertical farming, hydroponic or controlled-environment agriculture, and sustainable food production.

Capital markets and cryptocurrency-related activities

Affinor has described itself as a publicly traded company on the CSE and OTC markets. In one of its announcements, the company stated that it would accept certain cryptocurrencies such as Bitcoin, Dogecoin, and stablecoins for licensing and facility-building payments, and that it intended to accept Bitcoin in private placements. Affinor indicated that cryptocurrency received for such purposes would be converted into legal tender for completion of the transactions.

In explaining this approach, Affinor linked cryptocurrency acceptance to facilitating technology transfer and supporting food and cannabis production in economies where traditional capital access may be more limited. This reflects a stated interest in using financial technology to support the spread of its agricultural technology.

Sector classification and regulatory context

For classification purposes, Affinor Growers Inc. is associated with the Agriculture, Forestry, Fishing and Hunting sector and has been described under soybean farming industry categorization. However, in its own public communications, the company emphasizes vertical farming of fruits and vegetables, greenhouse operations, and technology development rather than traditional field-based soybean production.

As a CSE- and OTC-listed issuer, Affinor’s activities and capital markets transactions are subject to the rules and oversight of the relevant exchanges and securities regulators. The company’s news releases also include cautionary language regarding forward-looking information, indicating that some statements about future plans and expectations are subject to risks and uncertainties.

Company focus summary

According to its public statements, Affinor Growers Inc. centers its business on:

• Developing and operating vertical farming technologies in greenhouse environments.
• Growing fruits and vegetables, notably strawberries, with an emphasis on sustainable methods.
• Using patented rotating tower systems and proprietary greenhouse designs, including the Atlantis concept.
• Supplying local markets in British Columbia through distributors and retailers.
• Exploring licensing opportunities for its technology and processes in other regions.
• Pursuing initiatives related to sustainability, alternative energy, and soil remediation.
• Engaging with industry organizations such as the Canadian Hydroponic Association.
• Utilizing cryptocurrency in certain licensing and financing contexts, with conversion to legal tender.

All of these elements are drawn from Affinor’s own news releases and public descriptions, and together outline the company’s stated role in vertical farming and sustainable agriculture.