CubicFarm Systems Corp. (CUB) has a high amount of executive buying compared to its small-cap peers over the past three months.
John Hendrik De Jonge, a Director, acquired 109,500 Common Shares on a direct ownership basis at prices ranging from $0.630 and $0.780 through the public market between June 8th, 2020 and June 19th, 2020. The insider also acquired 8,500 Common Shares on a direct ownership basis at a price of $0.700 through a private transaction on June 9th, 2020. This represents a $81,360 investment into the company's shares and an account share holdings change of 3.5%.
CubicFarm Systems is in the Fishing & Farming Sub Industry Group under the Consumer Non-Cyclicals Sector.
CubicFarm Systems Corp is a Canada-based agriculture technology and vertical farming company. The Company develops and employs technology to provide predictable crop yields. The Company installs turnkey commercial scale, hydroponic, automated vertical farm growing solutions. It also provides a seed to store shelf solution including design, installation, training, packaging, marketing and branding support. Its system addresses the two challenges in the vertical farming industry, high electricity and labor costs, using undulating path technology. The Company leverages its technology by operating its own facility in Pitt Meadows, British Columbia.
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