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AgraFlora Organics Intl

Canadian Securities Exchange (CNSX) | Sep 20, 2019, 11:02 AM EDT

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AgraFlora Organics Announces Media and Investor Tour of Large-Scale Greenhouse in Delta, BC and Posts Corporate Video
AgraFlora Organics Announces Media and Investor Tour of Large-Scale Greenhouse in Delta, BC and Posts Corporate Video

Canada NewsWire

VANCOUVER, Jan. 25, 2019 /CNW/ - AgraFlora Organics International Inc. (formerly PUF Ventures Inc.) (the "Company") (CSE: AGRA) (Frankfurt: PU31) (OTCPK: PUFXF), a growth oriented and diversified international cannabis company, is pleased to announce its joint venture partner company Propagation Service Canada will be hosting a media and investor tour of the 2,200,000 square foot greenhouse in Delta, BC, as it is being converted to grow high-quality medicinal and recreational cannabis. As a preview the Company has prepared a short but impressive video that captures the sheer size of the operation. Visit www.agraflora.com to view the video.

Delta Greenhouse Complex
Presentation & Tour
Mid-March 2019
Open to Media, Industry Analysts, Shareholders, Investors and other interested parties.

AgraFlora Organics International (CNW Group/AgraFlora Organics International Inc.)

The date and time of the tour is to be confirmed. Please rsvp your interest in attending by sending an email to ir@agraflora.com.

"The Delta Greenhouse Complex is truly an impressive operation and although the video provides a great view of the complex, an actual tour of the facility is the only way to capture its absolute size," said Derek Ivany, President and CEO of AgraFlora Organics International Inc. "I applaud the work by Casey Houweling and his team on the progress made to date at the greenhouse. The project remains on schedule, on budget, and the tour will highlight the production capabilities of the complex and provide an inside glimpse of a high tech and high-quality cannabis cultivation operation."

Propagation Services Canada is the joint venture company in the process of retrofitting the large-scale greenhouse complex in Delta, BC. The fully funded retrofit of the 2,200,000 square foot complex is to be completed in three phases:

  • Phase 1 includes the retrofit of 350,000 square feet, including 100,000 post-production facilities, completion scheduled for Q2 2019;
  • Phase 2 includes an additional 1,450,000 square feet to be completed by Q4 2019;
  • Phase 3 consists of 400,000 square feet scheduled for completion in Q2 2020.

The Delta greenhouse complex includes advanced growing systems for greenhouse HVAC, watering and lighting. It includes its own natural gas co-gen energy plant which provides cost effective electricity for lighting and heating of the large-scale greenhouse. The result is highly efficient and one of the most cost-effective growing operations in the industry.

About AgraFlora Organics International Inc.

AgraFlora Organics International Inc. is a growth oriented and diversified company focused on the international cannabis industry. It owns an indoor cultivation operation in London, ON and is a joint venture partner in Propagation Service Canada and its large-scale 2,200,000 sq. ft. greenhouse complex in Delta, BC. The Company has a successful record of creating shareholder value and is actively pursuing other opportunities within the cannabis industry. For more information please visit: www.agraflora.com.

ON BEHALF OF THE BOARD OF DIRECTORS

Derek Ivany
President & CEO

No stock exchange or securities regulatory authority has reviewed or accepted responsibility for the adequacy or accuracy of this release.

Some of the statements contained in this release are forward-looking statements, such as estimates and statements that describe the Issuer's future plans, objectives or goals, including words to the effect that the Issuer or management expects a stated condition or result to occur. Since forward-looking statements address future events and conditions, by their very nature, they involve inherent risks and uncertainties.

SOURCE AgraFlora Organics International Inc.

View original content to download multimedia: http://www.newswire.ca/en/releases/archive/January2019/25/c5141.html

AgraFlora Organics International Inc., E: ir@agraflora.com, T: (778) 945-0348Copyright CNW Group 2019

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