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Affinor Growers: A Diversified Bet on the Marijuana Sector

Ryan Allway

May 28th, 2014

News, Top News

The cannabis industry is a highly fragmented space right now, with companies like GW Pharmaceuticals plc [stockquote symbol=”GWPH”] studying CBD’s clinical potential, companies like Tauriga Sciences, Inc. [stockquote symbol=”TAUG”] exploring currently-legal topical medicinal products, companies like GreenGro Technologies Inc. [stockquote symbol=”GRNH”] focused on ancillary markets, and companies like Tweed Inc. [stockquote symbol=”TWD”] selling medical marijuana under Canada’s new Marihuana for Medical Purposes Regulations (“MMPR”).

Given the regulatory uncertainty and early-stage nature of the industry, many investors are looking for diversified investments that might be less risk. Canadian MMPR growers face the risk of greater competition that could lower prices, while any companies in the U.S. industry run the risk of regulatory crackdowns, given that cannabis remains a Schedule 1 Controlled Substance under federal law.

In this article, we’ll take a look at a diversified company called Affinor Growers Inc. [stockquote symbol=”RSSFF”] that could mitigate some cannabis-related risk with its commercial crop production focused on eco-friendly agriculture. The company’s cutting-edge vertical farming technology is ideally suited for mass-producing foods with the highest quality – including both cannabis and more traditional crops.

Exposure to Cannabis

Health Canada estimates that the number of consumers with medical cannabis licenses will increase almost ten-fold over the next decade to about 309,000 as greater evidence supporting its efficacy drives doctors to write prescriptions. These dynamics could drive the legal cannabis supply industry to $1.3 billion per year by 2024, according to the government organization’s estimates.

[stockchart symbol=”RSSFF”]

Affinor Growers set out to “consolidate fragmented [cannabis] growers and work with dispensaries” to obtain MMPR licenses in April of 2014. These efforts resulted in the May 9th acquisition of a private company that’s in the “final stages” of becoming a Licensed Producer under Canada’s MMPR. Notably, the equity deal is largely contingent on the company successfully acquiring an MMPR license.

In a recent CannabisFN interview, Affinor Growers Chairman Nick Brusatore provided a corporate overview, discussing both the cannabis and the food production opportunities in front of the company.

CannabisFN Executive Interview | Nick Brusatore / Chairman of Affinor Growers from TDM Financial on Vimeo.

With its proprietary technology and connected management team, the company is uniquely positioned to capitalize on the burgeoning cannabis market. Management believes that the Canadian market will eventually trend towards recreational legalization and legalized exporting, which could open the door to significantly greater market opportunities over the coming years.

Not Just Cannabis

Affinor Growers sets itself apart from other aspiring Canadian MMPR-focused firms, like Creative Edge Nutrition Inc. [stockquote symbol=”FITX”] and Medican Enterprises Inc. [stockquote symbol=”MDCN”], with its plans to grow other crops like strawberries and lettuce. Leveraging its experience and vertical farming technology, the company’s management believes it will be able to produce the crops at a competitive price and quality.

The company’s proprietary vertical farming technologies control precise combinations of light, temperature, water, and nutrients to create specific growing conditions that result in optimum crop production, product quality, and shelf life. Management believes that no current growing methods compare to its software-driven automation technology, including its mechanically pollinated strawberries.

The market for strawberries, lettuce, and other crops is even larger and growing, with a lack of domestic suppliers. According to the co-authors of the 100-Mile Diet, the average meal travels 1,500 miles from producer to plate. Canada may be home to some of the best organic berry-growing conditions in the world, but its short growing season has created a strong demand for vertical farming technology.

Experienced Team

Affinor Growers has an experienced management team consisting of medical and business professionals led by CEO Sebastien Plouffe, as well as a strong executive team, Board of Directors, and Advisory Board. The team has been very successful in the past with the ability to execute on vertical farming and agricultural business, while its advisory board has significant scientific experience in the area.

Tegan Adams joined the team as COO with over ten years of experience teaching topics like operational and producer sustainability and helping Canadian municipalities integrate different control mechanisms. Greg Dennison joined the team as CFO during the same month after leading the financial side of many business ventures in the vertical farming industry.

Nick Brusatore started on the company’s Advisory Board as a top designer and leader in vertical farming technology with over 14 years of experience in AGRI Designs, plant physiology, and organic chemistry to the company. He has recently been appointed the Executive Chairman of the Board of Directors.

Mitigating the Risk

Affinor Growers intends to leverage its unique expertise and industry connections to capitalize on both of these market opportunities. As a result, investors benefit from exposure to the burgeoning cannabis industry without as much direct risk given that revenue could be derived from its other divisions. The diversification could deliver preferable risk-adjusted returns if management executes on its plans.

Investors interested in learning more about Affinor Growers may want to take a look at the company’s website at www.affinorresources.com, as well as its OTC Markets profile that contains financial, operational, and regulatory data.

This article was published by CFN Enterprises Inc. (OTCQB: CNFN), owner and operator of CFN Media, the industry’s leading agency and digital financial media network dedicated to the burgeoning CBD and legal cannabis industries. Call +1 (833) 420-CNFN for more information.

About Ryan Allway

Mr. Allway has over a decade of experience in the financial markets as both a private investor and financial journalist. He has been actively involved in the cannabis industry since its inception, covering public and private companies.

Disclaimer: Except for the historical information presented herein, matters discussed in this article contain forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. Emerging Growth LLC dba TDM Financial, which owns CannabisFN, is not registered with any financial or securities regulatory authority, and does not provide nor claims to provide investment advice or recommendations to readers of this release. Emerging Growth LLC dba TDM Financial, which owns CannabisFN, may from time to time have a position in the securities mentioned herein and will increase or decrease such positions without notice. For making specific investment decisions, readers should seek their own advice and that of their own professional advisers. Emerging Growth LLC dba TDM Financial, which owns CannabisFN, may be compensated for its Services in the form of cash-based and/or equity- based compensation in the companies it writes about, or a combination of the two. For full disclosure please visit: https://www.cannabisfn.com/legal-disclaimer/.

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About CFN Media Group

CFN Enterprises Inc. (OTCQB: CNFN) owns and operates CFN Media Group, the premier agency and financial media network reaching executives, entrepreneurs and consumers worldwide. Through its proprietary content creation, video library, and distribution via www.CannabisFN.com, CFN has built an extensive database of cannabis interest, assisting many of the world’s largest cannabis firms and CBD brands to build awareness and thrive. For more information, please visit www.cfnenterprisesinc.com.

Disclaimer: Matters discussed on this website contain forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. CFN Media Group, which owns CannabisFN, is not registered with any financial or securities regulatory authority and does not provide nor claims to provide investment advice or recommendations to readers of this release. CFN Media Group, which owns CannabisFN, may from time-to-time have a position in the securities mentioned herein and will increase or decrease such positions without notice. The Information contains forward-looking statements, i.e. statements or discussions that constitute predictions, expectations, beliefs, plans, estimates, or projections as indicated by such words as "expects", "will", "anticipates", and "estimates"; therefore, you should proceed with extreme caution in relying upon such statements and conduct a full investigation of the Information and the Profiled Issuer as well as any such forward-looking statements. Any forward looking statements we make in the Information are limited to the time period in which they are made, and we do not undertake to update forward looking statements that may change at any time; The Information is presented only as a brief "snapshot" of the Profiled Issuer and should only be used, at most, and if at all, as a starting point for you to conduct a thorough investigation of the Profiled Issuer and its securities and to consult your financial, legal or other adviser(s) and avail yourself of the filings and information that may be accessed at www.sec.gov, www.pinksheets.com, www.otcmarkets.com or other electronic sources, including: (a) reviewing SEC periodic reports (Forms 10-Q and 10-K), reports of material events (Form 8-K), insider reports (Forms 3, 4, 5 and Schedule 13D); (b) reviewing Information and Disclosure Statements and unaudited financial reports filed with the Pink Sheets or www.otcmarkets.com; (c) obtaining and reviewing publicly available information contained in commonlyknown search engines such as Google; and (d) consulting investment guides at www.sec.gov and www.finra.com. You should always be cognizant that the Profiled Issuers may not be current in their reporting obligations with the SEC and OTCMarkets and/or have negative signs at www.otcmarkets.com (See section below titled "Risks Related to the Profiled Issuers, which provides additional information pertaining thereto). For making specific investment decisions, readers should seek their own advice and that of their own professional advisers. CFN Media Group, which owns CannabisFN, may be compensated for its Services in the form of cash-based and/or equity-based compensation in the companies it writes about, or a combination of the two. For full disclosure, please visit: https://www.cannabisfn.com/legal-disclaimer/. A short time after we acquire the securities of the foregoing company, we may publish the (favorable) information about the issuer referenced above advising others, including you, to purchase; and while doing so, we may sell the securities we acquired. In addition, a third-party shareholder compensating us may sell his or her shares of the issuer while we are publishing favorable information about the issuer. Except for the historical information presented herein, matters discussed in this article contain forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. CFN Media Group, which owns CannabisFN, is not registered with any financial or securities regulatory authority, and does not provide nor claims to provide investment advice or recommendations to readers of this release. CFN Media Group, which owns CannabisFN, may from time to time have a position in the securities mentioned herein and will increase or decrease such positions without notice. For making specific investment decisions, readers should seek their own advice and that of their own professional advisers. CFN Media Group, which owns CannabisFN, may be compensated for its Services in the form of cash-based and/or equity- based compensation in the companies it writes about, or a combination of the two. For full disclosure please visit: https://www.cannabisfn.com/legal-disclaimer/.

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