Affinor Growers, Inc. (RSSFF)

logo_affinor_growersThe upsurge of opportunities in the marijuana industry has enticed many existing companies to diversify their portfolio to include cannabis-related businesses or even completely transition towards those. Affinor Growers, Inc is one such company. It is a Canada-based diversified company that started in mining and is now working on being a grower of premier medical marijuana.

Affinor currently grows pesticide-free, non-GMO strawberries; it touts itself as in industry leader in that field. It is meanwhile building facilities to produce high-quality leafy green vegetables like spinach and lettuce, and eventually, medical-grade marijuana. The company uses proprietary technologies that automate the control of growing environments and nutrients and mechanically pollinate plants.

Founded in 1996, the company was known as Affinor Resources, Inc back when it was a junior mining firm with projects in Canada and Colombia. According to the company, it recognized the opportunity in the marijuana industry when it discovered a diverse group of experts that was developing a non-GMO system of mass-producing plants. This was just in time for the marijuana “green rush” in Canada and the US.

Affinor Resources, Inc then became Affinor Growers, Inc in May 2014. It says of this transition: “With the rise of the new economy, adaptability to change is key.”

As of August 2014, it is awaiting the approval of its Marijuana for Medical Purposes Regulations (MMPR) license from Health Canada. It has also set its sights to become a global distributor of produce.

The company is listed on the Canadian Securities Exchange as AFI, on the Frankfurt Exchange as 1AF, and on the US OTCQB as RSSFF. It is valued at USD 11.45 M. Its top company executives include Sebastien Plouffe, CEO and President; Nick Brusatore, Director and Chairman; Greg Dennison, CFO; and Jarrett Malnarick, COO.

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