CubicFarm' livestock feed subsidiary signs agreement with Riverdale-based dairy farm

CubicFarm® Systems ruminant livestock feed subsidiary company, HydroGreen Inc. ("HydroGreen"), has signed a Memorandum of Terms ("MOT") with Daniel Van Der Kooi, owner of Van Der Kooi Dairy, which is a large dairy farm based in Riverdale, California. Van Der Kooi has signed on to purchase 10,000 tons of sprouted-grain feed per year from HydroGreen's future feed facility in Riverdale, California.

Feed from the planned first building at the future Riverdale facility has been committed, so Van Der Kooi Dairy will purchase feed from a second building that will house 10 additional HydroGreen GLS 808 commercial-scale machines. A system of 10 GLS 808 machines can produce up to 34 tons of feed per day, which amounts to approximately 12,000 tons of feed per building annually. Therefore, Van Der Kooi's purchase of 10,000 tons per year represents most of the capacity of that second building.