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CubicFarms Faces Delay in Financial Reporting
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CubicFarms Faces Delay in Financial Reporting

CubicFarm Systems (TSE:CUB) has released an update.

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CubicFarm Systems Corp., an innovator in local chain agricultural technology, has announced further delay in filing their annual financial documents for 2023 and is seeking an extension of the Management Cease Trade Order (MCTO) granted by the British Columbia Securities Commission. The delay is due to an incomplete audit process, but the company assures there are no anticipated defaults beyond what was previously disclosed. CubicFarms remains committed to their HydroGreen automated technology that offers eco-friendly, efficient livestock feed production.

For further insights into TSE:CUB stock, check out TipRanks’ Stock Analysis page.

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