$NWGFF Yesterday's News : New Age Farm Inc. (CSE:NF) (OTC:NWGFF) (FSE:ONF) (www.newagefarminc.com) (“New Age Farm” or the “Company”), is pleased to report that it is aquiring an additional 21,000 square foot greenhouse structure to complement its newly completed 5600 square foot state of the art facility announced November 24, 2016. This new greenhouse structure combines Cravo, Nexus and Hired Hand Green components. Its 14 foot high trusses create an ideal environment for growing large plants and the additional square footage will allow our Tier 3 licensed tenant-grower to increase its capacity to 89% of its canopy growing capabilities. The Company anticipates that the additional grow capacity will be ready for operation within the next 60 days, thereby accelerating our on-site Master Growers current production plan by allowing them to bring additional production online for our Tenant Grower several months sooner than previously planned . New Age Farm’s Master Growers also report that everything is on track to begin on schedule on November 30, 2016 for New Age Farm’s I-502 Tier 3 licensed tenant-grower as previously announced with initial harvest date anticipated 90 days from the start of seed planting.
(0)
(0)