VANCOUVER, British Columbia, Dec. 03, 2024 (GLOBE NEWSWIRE) -- AgriFORCE Growing Systems Ltd. (NASDAQ: AGRI), a leading intellectual property-driven technology company, is pleased to announce the completion of its acquisition of a bitcoin mining facility in Sturgeon County, Alberta, Canada. Acquired for $1.5 million in cash, this cutting-edge facility represents a cornerstone of AgriFORCE's integrated strategy, blending sustainable energy, advanced data operations, and innovative agricultural solutions. A H ...

VANCOUVER, British Columbia, Nov. 20, 2024 (GLOBE NEWSWIRE) -- AgriFORCE Growing Systems Ltd. (the “Company”) (NASDAQ: AGRI; AGRIW), an intellectual property (IP) focused technology company, announces the evolution of its business model to follow the closing of its recently announced bitcoin mining facility acquisition. AgriFORCE CEO Jolie Kahn commented, “As we approach a key milestone in the progression of our growth strategy it is important to clarify how our adoption of an innovative combination of tech ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACMT OF 1934 For the quarterly period ended September 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____ to _____ Commission File Number: 001-40578 AGRIFORCE GROWING SYSTEMS LTD. (Exact name of registrant as specified in its charter) | --- | --- | --- ...

VANCOUVER, British Columbia, Nov. 13, 2024 (GLOBE NEWSWIRE) -- AgriFORCE Growing Systems Ltd. (the “Company”) (NASDAQ: AGRI), an intellectual property focused technology company, provides an update to shareholders highlighting the Company’s ongoing strategic shift toward advancement of its sustainable technology initiatives and its signing of a Letter of Intent (“LOI”) to purchase a Bitcoin mining facility in Alberta, Canada, powered by sustainable energy. AgriFORCE CEO Jolie Kahn stated, “Our strategic vis ...

VANCOUVER, British Columbia, Aug. 20, 2024 (GLOBE NEWSWIRE) -- AgriFORCE Growing Systems Ltd. (the “Company”) (NASDAQ: AGRI; AGRIW), an intellectual property (IP) focused AgTech company, announces the granting of Patent #CN 202080073940.7 titled, “Automated Growing Systems” by the China National Intellectual Property Administration. The patent follows the grant of the corresponding U.S. patent announced in June 2024 and adds to the Company’s global intellectual property portfolio connected to agriculture an ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACMT OF 1934 For the quarterly period ended June 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____ to _____ Commission File Number: 001-40578 AGRIFORCE GROWING SYSTEMS LTD. (Exact name of registrant as specified in its charter) British Columbia Not Ap ...

VANCOUVER, British Columbia, June 26, 2024 (GLOBE NEWSWIRE) -- AgriFORCE Growing Systems Ltd. (the "Company") (NASDAQ:AGRI, AGRIW))) announces that it has retained Barrett Mooney as an Agricultural Technical Consultant. Barrett Mooney, Ph.D. has an extensive track record of growing agriculture and sustainability businesses. He currently provides strategic advisory services to growing big data and analytics companies. Dr. Mooney served as the CEO and Chairman of the Board for a NYSE-listed aerospace and defe ...

Core Viewpoint - 2024 is identified as a transformational year for AgriFORCE, focusing on innovation in the agriculture industry through technology patenting and partnerships, while realigning its business plan to better fit attainable opportunities in a challenging microcap market [1][2] Business Strategy - The first half of 2024 is dedicated to examining assets and developing a direction to create shareholder value, with a focus on ESG issues and climate change [2] - The strategy includes monetizing the exclusive RCS systems license and marketing Awaken Grains flour™, while expanding into the Carbon Credit and Renewable Energy Credit markets [2][3] Current Status - The company aims to enhance shareholder value by developing a pipeline of products aligned with its vision for carbon neutrality in agriculture [3] - Two parallel paths are being followed: maximizing the value of existing assets and seeking accretive acquisitions and partnerships [3] Financial Management - AgriFORCE is committed to cost-effective operations, reducing outstanding debentures from approximately $11.4 million to $7.9 million, a 31% reduction [4] - A $1 million share repurchase program has been approved to demonstrate commitment to shareholders [4] Technology and Product Development - The company is utilizing its technology portfolio to maximize yield and profitability through Radical Clean Solutions (RCS) devices, which reduce spoilage and greenhouse gas emissions [5] - Awaken Grains flour™ is being developed with significant nutritional advantages, including five times the fiber and three times the protein compared to generic flour [6] Vision and Future Initiatives - AgriFORCE aims to empower farmers to become Carbon Credit developers through sustainable practices and technology [7] - The company plans to develop and acquire technology for managing Carbon Credits and Renewable Energy Credits, providing financial freedom to farmers [11] Management Changes - Recent changes in senior management include the appointment of David Welch as Chairman and Jolie Kahn as CEO, along with the addition of consultants with expertise in AgTech [8][10] - The leadership team brings valuable experience in agricultural technology and regulatory landscapes, which is crucial for the company's success [9][10] Commitment to Innovation - The company is diving into environmental credit farming to bolster its portfolio and pioneer foundational systems for the agricultural sector [12] - AgriFORCE expresses gratitude to shareholders for their support and emphasizes the potential for innovative success moving forward [12]

VANCOUVER, British Columbia, June 20, 2024 (GLOBE NEWSWIRE) -- AgriFORCE Growing Systems Ltd. (the “Company”) (NASDAQ: AGRI; AGRIW), an intellectual property (IP) focused AgTech company, issues a letter to shareholders from Chairman, David Welch, and CEO, Jolie Kahn. Dear shareholders: 2024 is a transformational year for AgriFORCE. Since inception, it has focused on innovation within the agriculture industry, primarily through patenting new technology or seeking to acquire or partner with innovative compani ...

VANCOUVER, British Columbia, June 18, 2024 (GLOBE NEWSWIRE) -- AgriFORCE Growing Systems Ltd. (“the Company”) (NASDAQ: AGRI; AGRIW), an intellectual property (IP) focused AgTech company, announces the appointment of Jolie Kahn as new Chief Executive Officer for the Company. David Welch, AgriFORCE Chairman, comments, “Jolie brings significant experience and pedigree to the Company at a key inflection point in our development. Her deep experience in blockchain, cryptocurrency and helping public companies navi ...