GMEV Foundation Farms, Corp., Reports a Second
Post# of 102954
Foundation Farms, Corp., Reports a Second Harvest is Currently Underway
Press Release | 07/15/2021
NEW YORK, NY / ACCESSWIRE / July 15, 2021 / Foundation Farms, Corp., ('Foundation Farms') a subsidiary of GME Innotainment, Inc. (OTC PINK:GMEV) today reported that the second harvest is currently underway at the company's E-ROOTS CENTRE located in the Red Deer, Alberta area. Following an overwhelming positive response from customers who purchased the first crop last month, word is spreading throughout the surrounding communities and this second crop is already sold even before harvesting has been completed. Consumers have been delighted with the "no blemishes" produce and we have had numerous reports that the flavours and palatability of the vegetable greens are, "much better than anything that we have ever purchased at local supermarkets."
In response to the market demand, the company has expanded from an assortment of six basic leafy greens and herbs in the first crop to a total of 14 leafy greens and herbs, two fruits (strawberries and cayenne peppers), and four varieties of edible flowers in this second crop. Management and on-site staff also report very successful functioning of the E-ROOTS system with minimal labour input.
When asked about these results, Ed Kroeker, CEO of Foundation Farms stated "I am pleased to report that, if anything, we may have under-estimated the expectations we have held until now. There is a lot of attention paid to tangible benefits of vertical farming including environmental sustainability, low water useage, ability to convert urban waste spaces to food production, and reduction of food transportation logistics. Our E-ROOTS CENTRES are demonstrating that we can produce plant-based food products whose culinary qualities supercede anything currently available in conventional food markets. We plan to have the same impact on the plant-based food market as angus-beef branding has had on the red meat market. This will soon become even more evident as we are getting ready to announce several new joint ventures."
Yves R. Michel, CEO of GMEV further added, "In just a few short months of production at the Red Deer area vertical farm, Foundation Farms is demonstrating an ability to set a new standard of excellence in this industry and the demand for the products supports profitability projections. With product demand this high for smaller population centers, I am excited to see what happens once some of the larger population centers get hold of this technology.