AgriFORCE Announces Purchase Agreement with Stronghold Power Systems to Acquire Land for Planned Development of First Coachella Campus for Proprietary and State-of-the-Art CEA Facility

September 22, 2022

https://www.globenewswire.com/news-release/2022/09/22/2521033/0/en/AgriFORCE-Announces-Purchase-Agreement-with-Stronghold-Power-Systems-to-Acquire-Land-for-Planned-Development-of-First-Coachella-Campus-for-Proprietary-and-State-of-the-Art-CEA-Faci.html

Represents collaboration with Stronghold Engineering Inc. and Stronghold Power Systems Inc. in the City of Coachella

At full operational optimization, management believes each new facility could generate in excess of $40 million of annualized, high-margin IP royalty and leasing fees to the Company 1

Read more at globenewswire.com

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