Agra Ventures Ltd (AGFAF)

[FutureInvestor]

What is their sales pipeline?
What licenses do they have?
How is the quality considering that so many have turned away from greenhouses?
How many customers do they have?
What is their cost to produce per gm?

what is the strategy in a balloon market?


I think this is one to watch but i'm having a hard time getting answers.

[Hunchbackgeek]

AGFAF Agra Ventures Cannabis Crop Harvest Update: ...

"The timing of the Name Change and Re-Brand coincides with the recently completed harvest of the Company’s first crop of cannabis grown over 130,000 square feet at its Delta greenhouse, which is now drying and will soon be tested for potency and prepared for sale. The completed harvest is predominantly comprised of the Mimosa 37 strain of cannabis, with secondary quantities of the Kosher Kush and Gelato strains. Subject to the results of the upcoming potency tests, the Company expects the crop to be valued and sold on a business-to-business basis to a third-party Canadian licensed producer in August. The Company’s next crop of cannabis plants is currently being prepared for growth at the Delta facility."

https://agraventures.com/news/agraflora-organics-international-inc-changing-name-to-agra-ventures-ltd/


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[ED25]

AGFAF $$$$

[WALL STREET KID]

Awesome news thanks

[drugmanrx]

Another name for Reverse Split:

Intent to Consolidate Shares:

The Company’s Board of Directors and executive management team are pleased to announce the intent to complete a share consolidation (the “Share Consolidation”) in the near term. Pursuant to the Name Change and Re-Brand, as well as the previously announced evolution of the Company’s competitive strategy, the goal of the Share Consolidation is to simplify the equity component of Agra Ventures’ capital structure and accompany the recent improvements made to the liability component. The common share exchange ratio related to the upcoming Share Consolidation is yet to be determined and the Share Consolidation is subject to the approval of the CSE.

Each shareholder’s percentage ownership of the Company is expected to remain unchanged after the Share Consolidation, except for minor changes resulting from the treatment of any fractional common shares. For clarity, where the upcoming Share Consolidation may result in a shareholder being entitled to a fractional common share, the number of post-Share Consolidation common shares issued to such shareholder are expected to be rounded to the nearest whole number of common shares on a post-Share Consolidation basis.

[Hunchbackgeek]

AGFAF/AGRA Crop is ready for HARVEST: https://agraventures.com/about/#where-we-grow


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[Renee]

AGFAF: effective July 28,2021 Agraflora Organics Intl. Inc. will change to Agra Ventures Ltd.:

https://otce.finra.org/otce/dailyList?viewType=Symbol%2FName%20Changes

[Hunchbackgeek]

HARVEST UPDATE: ..."the company's first crop of cannabis... grown over 130,000 square feet at its Delta greenhouse, which is now drying and will soon be tested for potency and prepared for sale. The completed harvest is predominantly comprised of the Mimosa 37 strain of cannabis, with secondary quantities of the Kosher Kush and Gelato strains. Subject to the results of the upcoming potency tests, the Company expects the crop to be valued and sold on a business-to-business basis to a third-party Canadian licensed producer in August. The Company’s next crop of cannabis plants is currently being prepared for growth at the Delta facility."

Wath for the announcement, likely this week.

AGFAF AGRA


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[Hunchbackgeek]

Up 25.% Canadian 0.025 today. Holding up well. AGFAF

[Hunchbackgeek]

PPS is holding up nicely:) AGFAF

[drugmanrx]

News July 19th 2021

AgraFlora Announces Debt Settlement

https://finance.yahoo.com/news/agraflora-announces-debt-settlement-030000684.html

"announces that its Board of Directors has approved the settlement of amounts owing for services rendered (the "Debt Settlement") through the issuance of common shares (the “Shares”). Pursuant to the Debt Settlement, the Company issued an aggregate amount of 803,783 Shares at a deemed price of $0.05 per Share. All Shares issued will be subject to a minimum hold period of four months and one day from the date of issuance."

[ED25]

Another great post HUNCHBACKGEEK! AGFAF $$$$

[ED25]

No, I didn’t but thank you for pointing it out…. Been swamped… thanks again bro! AGFAF $$$$

[Hunchbackgeek]

Hey Ed, did you notice the switch from... CAD to US currency? AGRA to AGFAF

[WALL STREET KID]

Time will tell

[Hunchbackgeek]

AGFAF Looks like things are getting interesting:)

[WALL STREET KID]

Hmmm I don't remember putting in the request for the Ticker & Exchange changes of this Canadian company to the US stuff

[Hunchbackgeek]

Cool! Did you notice we switched to the... US/International ticker AGFAF? Now showing currency in US Funds.

We get closer every single day. I have a buy order in for cheapies, however, looks like we will be moving up. Who knows?! I'm ready either way Saxkahuna bud:)

[saxkahuna]

Im still here, been accumulating more. I think new CEO will do what she promised and get first crop sold...

[Hunchbackgeek]

Interesting Industry Info: https://cdn.shopify.com/s/files/1/2636/1928/files/OCS-InsightsReport_2020-2021.pdf?v=1624987272&ck_subscriber_id=316863221

AGRA

[Hunchbackgeek]

AGRA AGFAF AgraFlora Organics International https://twitter.com/AgraFlora?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor


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[Hunchbackgeek]

That's okay, it filled my small buy-order AGRA

[saxkahuna]

some dumping going on today . probably Debt holders shares that just became unrestricted .. Bought some more . I am banking on the crop coming . Boom or bust ....LOL This is form Agra's web site : AgraFlora says first wholesale crop at Delta greenhouse on track for sale at the end of summer
The company expects to sell the crop on a business-to-business basis to a licensed producer with a sales license, on a predetermined or spot basis

[Hunchbackgeek]

Excellent! Thanks, Saxkahuna. AGRA

[saxkahuna]

Crop should be ready by end of June and then we explode , been buying more...

[soflodiver]

I have been adding and will make my final buys today. I already hold more than I planned but I don't believe this will be at this price much longer and selling some into the run following the Q2 release will be easy.

[WALL STREET KID]

I will be moving some profits over here soon

[Hunchbackgeek]

AGRA Yes, I've been buying ......

....while the shares are so cheap! Good luck Ed.

[ED25]

Thinking to buy some Monday or Tuesday!!! Looking like something is brewing here! (8

[saxkahuna]

I just bought more !

[Hunchbackgeek]

Dear Shareholders and Stakeholders of AgraFlora, (June 2, 2021)...

Two months have flown by since my last message to you all. We have been very busy at the company, onboarding Fiona Fitzmaurice as our new Chief Financial Officer, improving the balance sheet, focusing on operations and otherwise pointing AgraFlora in a clear direction. Please allow me to provide you with an update about our Delta facility, the Farmako subsidiary as well as some other news.

Propagation Services Canada – Delta, British Columbia

As the Company’s top priority, we have been focusing the team’s efforts on this asset and getting it to the milestone of generating revenue through the sale of cannabis. The first wholesale crop growing at the Delta greenhouse is on track for its cultivation, drying, processing and sale toward the end of this summer. We expect to sell the crop on a business-to-business basis to an LP with a sales license, either on a predetermined or spot basis, depending on the crop’s quality and based on the results obtained via lab testing. Prior to that happening, however, some key operational steps need to take place in order to ensure that the crop matures in a healthy way and generates optimal yields.

As a point of interest, one of those steps is called “de-leafing” and we have about a 1.5-acre block of de-leafing to do on our crop. We use pipe rails for radiant heat, which also serve as tracks for our crop work and harvesting carts. This makes moving up and down 68-metre rows a lot easier and more efficient.

Lastly, because we are very excited about this and all future crops, we are working on a special announcement to better reflect and position our cannabis that grows by such a picturesque bay. Stay tuned…

Farmako GmbH – Frankfurt, Germany

Representing AgraFlora’s presence in the middle part of the value chain, Farmako continues to distribute cannabis-related products internationally for the company in Europe. The team, led by Katrin Eckmans, is currently working hard to develop a line of Farmako Extracts with suppliers in North Macedonia and Poland. We expect that more about this will be announced in the near future.

Regarding the previously announced launch of Farmako’s THC-Testkits, the subsidiary has delivered thousands of units to STADAPHARM for their distribution and sale as a ‘big pharma’ player. This mutually beneficial and trusted relationship underscores the growing importance of cannabis as medicine in this market, only four years after liberalisation of cannabis in Germany. As it turns out, launching the product at the end of last year was ideal from a timing perspective, since other players are now trying to enter the test kit market. However, Farmako used its first-mover advantage to secure a great distribution deal, establish a solid pharmacy-linked customer base and open the door for further wholesale deals. And because Farmako’s THC-Testkit makes a pharmacist’s job easier and helps maximize efficiency, the feedback from pharmacies so far has been overwhelmingly positive.

Financial Update

The company’s financial statements and management discussion and analysis for both the audited year-ended 2020 and the unaudited first quarter of fiscal 2021 have been filed on SEDAR. For the period ending March 31, 2021, AgraFlora made major progress by reducing its total liabilities by CA$20.6 million while recording a cash and marketable securities position of approximately CA$1.5 million. Please note that this position does not include the current market value of the Organigram shares received from the sale of Edibles and Infusion Corporation (“EIC”), since that event took place in the second quarter of 2021 which means that it will be included in the next set of financial results. Although the sale of EIC significantly improves the company’s working capital position on its own, management is also exploring the sale of its securities portfolio managed by JJ Wolf in the coming months to provide for additional working capital to grow the company in Canada, Germany and potentially in the United States.

Outlook

Entering the United States market, either directly, indirectly or as part of a transaction involving one or more third parties, remains a high priority for the management team and board of directors. We are excited about the potential upside in the US market and the magnitude of the opportunity that still exists south of the Canadian border. With the crop currently doing well at the Delta facility, Farmako growing its business and the company in a strong working capital position, I am confident that AgraFlora’s path forward is clear and its future is bright.

I greatly appreciate your patience, understanding and continued support as shareholders and stakeholders of AgraFlora.

Sincerely,


Elise Coppens
CEO & Director

P.S.: Check out the new picture from Delta – the crop is looking great!

Pictured below: de-leafing a 1.5-acre block, May 2021.

[Hunchbackgeek]

Nick Kuzyk, MBA Linkedin https://ca.linkedin.com/in/nickkuzyk?trk=people-guest_people_search-card

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[saxkahuna]

This is Agra's investor relations guy : Nick Kuzyk. https://www.mdwbnk.com. looks impressive...This guy is legit. Im more impressed I actually heard back from him..Now time will tell regarding their crop due this summer. Good luck all.

[Hunchbackgeek]

I agree AgraFlora's very assessable......

I met their team when they were starting up a couple of years ago. I will continue to quietly buy these cheap shares. I also got some of the .2s today, however, it took over a month for my buy order to be filled.

AGRA AGFAF

[Hunchbackgeek]

AGRA Yes! This summer! Great news:)

"Regarding the crop, it is expected to be ready for harvest, drying and processing this summer. Because the company doesn’t have a sales license yet, the crop will be sold on a B2B basis to another LP. The same will go for the second crop. After that, AgraFlora can be eligible to receive its sales license to sell directly to provincial distributors (or directly to retailers in Saskatchewan)."

Thank you Saxkahuna

[saxkahuna]

wow I actually got them to update the web site to reflect addition of new CFO! They listen to shareholder! https://agraflora.ca/about/#team this is my email request : Message: Web site needs to be updated with new CFO info please. Please update us on the status of current crop.
you gotta love that! and they did respond re the crop situation...as I posted ..shoud have picked up more today when it went below 2 cents...damn I think next week it s going to up with all the talk of pot industry consolidation in Canada going on. Organigram could get bought out and prove to be a windfall to Agra as we own over 5 million shares. Maybe Agra will get acquired at a premium . We also have long term investment in Empower too currently at .043 cents a share . EPWCFEMPOWER CLINICS INC COM
$0.4347, I don 't know what the value of Farmako is but it's a European pot distribution and pharmacy chain..

[saxkahuna]

As in my post they cannot sell direct but can to another business entity . But sales and revenues are coming as stated ...see my post

[saxkahuna]

HI Guys , I actually got a response re the crop. I emailed them that their website has not been updated with new CFO info and here' their reply. I am holding strong..
From Nick @agar : Yes, that will be updated on the website shortly, thank you. Regarding the crop, it is expected to be ready for harvest, drying and processing this summer. Because the company doesn’t have a sales license yet, the crop will be sold on a B2B basis to another LP. The same will go for the second crop. After that, AgraFlora can be eligible to receive its sales license to sell directly to provincial distributors (or directly to retailers in Saskatchewan).

Thanks,

Nick Kuzyk, Investor Relations
AgraFlora Organics International Inc.

[Hunchbackgeek]

AGRA Check this out around page 8 https://agraflora.ca/wp-content/uploads/2021/03/AgraFlora-Post-AGM-Business-Update-Presentation-21-03-26.pdf

Lots of information:) Thank you for dropping by TomDoc!

[tomdoc]

Checking in. Do they have all licences in place to sell MJ?

[Hunchbackgeek]

Same here Saxkahuna

[saxkahuna]

still here guys, low volume but buying activity. Crop is coming and we'll see what happens...

[saxkahuna]

New CEO doing what she promised . Getting rid of unperforming assets and cleaning house...Looks positive for all.. new CFO will audit and get financials in order. From there looks like AGRA will be in better shape for future investors . Those selling now will regret getting out and will have to chase the stock when sales news breaks..

[WALL STREET KID]

Good to know thanks bud

[Hunchbackgeek]

AGRA/AGFAF/PU31~AgraFlora Appoints Fiona Fitzmaurice as Chief Financial Officer

Appoints Fiona Fitzmaurice as Its New Chief Financial Officer

Former CFO Amicably Departing the Company to Facilitate Transition

Vancouver, British Columbia / April 12, 2021 (Globe Newswire) – AgraFlora Organics International Inc. (“AgraFlora” or the “Company”) (CSE: AGRA) (Frankfurt: PU31) (OTCPK: AGFAF) is pleased to announce that Fiona Fitzmaurice has been appointed as AgraFlora’s new Chief Financial Officer (“CFO”) effective May 1, 2021, subject to the final acceptance of the Canadian Securities Exchange (the “CSE”). Ms. Fitzmaurice is a Chartered Professional Accountant with over 14 years of experience in accounting and financial control, serving both private companies and public issuers throughout her career. AgraFlora’s former CFO, Peter Nguyen, has amicably agreed to depart the Company in order to facilitate Ms. Fitzmaurice’s transition as the new steward of AgraFlora’s finances.

“On behalf of the Board of Directors, I am pleased to welcome Fiona to AgraFlora’s management team as we continue to evolve the Company’s streamlined corporate strategy and execute on our near-term goal of generating revenues from our core assets,” said Elise Coppens, CEO of AgraFlora. “I would like to thank Peter for his contributions to the Company and his assistance with respect to my own onboarding process, and I appreciate his professionalism during this time of transition,” added Ms. Coppens.

Ms. Fitzmaurice has previously been appointed as CFO of companies that include but are not limited to MacDonald Mines Exploration Ltd., Pasofino Gold and Mojave Jane Brands. Accordingly, Fiona has extensive experience with corporate audits, prospectus filings, private placements, financings and corporate acquisitions. As the foundation of her knowledge base, Ms. Fitzmaurice holds a bachelors’ degree in accounting and finance from Athlone Institute of Technology in Athlone, Ireland.


About AgraFlora Organics International Inc.

AgraFlora Organics International Inc. is a cannabis company building shareholder value through the development of revenue-generating, operated assets in the global cannabis industry. AgraFlora is focused primarily on the Canadian cannabis industry – the world’s most advanced and regulated legal cannabis market. Its flagship Canadian asset is Propagation Services Canada, a large-scale commercial greenhouse in Delta, BC focused on reshaping the Canadian flower market with high-potency, low-cost cannabis. In addition, AgraFlora’s wholly-owned subsidiary, Farmako GmbH, is focused on becoming Europe’s leading distributor of medical cannabis. Farmako currently has active distribution operations in Germany and expects to commence active operations in the United Kingdom in 2021. For more information about AgraFlora, please visit agraflora.ca and its profile page on SEDAR at www.sedar.com.

ON BEHALF OF THE BOARD OF DIRECTORS
Nick Kuzyk, Investor Relations
E: [e-mail]
T: [phone]

For French inquiries:
Maricom Inc.
Remy Scalabrini
E: [e-mail]
T: (888) 585-MARI

The CSE and Information Service Provider have not reviewed and does not accept responsibility for the accuracy or adequacy of this release.

Forward-looking Information Cautionary Statement
Except for statements of historic fact this news release contains certain “forward-looking information” within the meaning of applicable securities law. Forward-looking information is frequently characterized by words such as “plan” “expect” “project” “intend” “believe” “anticipate” “estimate” and other similar words or statements that certain events or conditions “may” or “will” occur. Forward-looking statements are based on the opinions and estimates at the date the statements are made and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated in the forward-looking statements including but not limited to delays or uncertainties with regulatory approvals including that of the CSE. There are uncertainties inherent in forward-looking information including factors beyond the Company’s control. There are no assurances that the business plans for AgraFlora Organics described in this news release will come into effect on the terms or time frame described herein. The Company undertakes no obligation to update forward-looking information if circumstances or management’s estimates or opinions should change except as required by law. The reader is cautioned not to place undue reliance on forward-looking statements. Additional information identifying risks and uncertainties that could affect financial results is contained in the Company’s filings with Canadian securities regulators which are available at www.sedar.com.


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[WALL STREET KID]

Awesome thanks for the heads up bud

[ED25]

AGRA $$$$

[saxkahuna]

put a buy order in on Friday at .0215 , didn't fill. On one end Im disappointed I didn't get the cheap shares but happy that the share price is going back up. Hopefully the momentum continues

[Hunchbackgeek]

Yes, Saxkahuna, I agree,......

Buying more at this low pps is wise:) I'll be doing the same. Thanks, bud:)

[saxkahuna]

Nice to see a move in the SP going back up and also updates to the web site. I hope more PR going forward and the interview hopefully one of many highlighting the restructuring of Agra and plans for revenues...Been buying more at these prices...