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November 29, 2023


Investment information for the new generation

Sad trombone: Affinor Growers (AFI.C) THC Biomed supply deal looks in doubt

It was back in November that Nick Brusatore, he of Affinor Growers (AFI.C), was battling me on Twitter, claiming his deal with THC Biomed (THC.C), where he would be providing vertical farming equipment to them, was going to make his company a big player.

Also, he would grow strawberries. But mostly he was talking big about the THC deal, as that company began to take off.

I accused him of trying to ride the coattails of THC, pointed out that the deal he was talking about was kind of small, that it could only be used on propagation of plants and not their full growth, and we tangled like scorpions for a bit.

“I’ll show you,” he said, before bragging about how this was just the first step in a big business he was building, and that one day he would be vindicated.

That was in November.

Four months later, on a long weekend for those who deal in the markets, Affinor quietly sent out a new tweet that said, in essence, it doesn’t appear THC wants the gear. At least not now. So AFI is looking for somewhere else to send it.

Oh dear. My reply:

Be sure to let us know when those strawberries are ready, Affinor. It’s only been two and a half years.

Of course, I remain, as ever, prepared to be ‘shown’ how I’m wrong. I just haven’t been wrong about this company… ever.

— Chris Parry

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