Affinor Growers Partners with Herbal Analytics for Cannabis Quality Control


Ryan Allway

September 10th, 2014

News, Top News


Affinor Growers Inc. [stockquote symbol=RSSFF], an agricultural company focused on growing high quality crops like romaine lettuce, spinach, strawberries, and high-quality medical marijuana using vertical farming techniques, recently announced an agreement with Herbal Analytics to provide quality control for its cannabis products, pending approval to grow the substance.

“This relationship is another demonstration of Affinor’s commitment to become the ultimate grower and supplier of high quality cannabis products in Washington State and the expanding legalized states and countries,” said Affinor Growers Inc. CEO Sebastien Plouffe. “This is a profitable business and Affinor is thrilled to have a 49% participation in the profit of Herbal Analytics.”

Under the terms of the agreement, Affinor paid $150,000 cash, $150,000 in a repayable loan over a maximum of four years, and issued 949,612 shares of common stock at $0.516 per share for a 49% stake in the firm. The proceeds will be used to build the laboratories to meet the demand and handling the volume necessary of SI-502 and medical clients in Washington State.

Herbal Analytics has extensive herbal product industry experience, using the most efficient and innovative analytical platforms for accurate and rapid results. The firm’s chemical tests have been legitimized and proven based on bio analytical method validation for accuracy and precision. The acquisition provides Affinor with services for itself and potential for expansion via its equity stake.

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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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.

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