Off-market insider selling at CubicFarm Systems (V:CUB)

David Rodjer Dinesen, a Senior Officer and Director, disposed of 2,000,000 Common Shares on an indirect ownership basis for registered holder WideOcean Strategies Ltd. at a price of $0.700 through a private transaction on August 5th, 2020. This represents a $1,400,000 divestment of the company's shares and an account share holdings change of -46.7%.

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. CubicFarm Systems Corp. (CUB) has a high amount of executive buying compared to its small-cap peers in the market over the past three months. According to regulatory filings yesterday, one insider has divested a net amount of $1,400,000.