Tag: indoor farming

With the addition of the Temple, TX facility, Revol Greens now reaches over 70 percent of the United States market when  combined with its existing operations in Owatonna, MN, Athens, GA, and Tehachapi, CA.

For the first quarter 2023, net sales were $13.0 million versus net sales of $5.2 million in the first quarter of 2022 – a more than 250% increase and nearly 90% of the company’s net sales for full year 2022.

Nasdaq’s determination was based on the following: (i) Under Listing Rule 5101, the Company is a public shell and that the continued listing of its securities is no longer warranted; and (ii) the Company has not filed its Form 10-K for the fiscal year ended December 31, 2022 with the Securities and Exchange Commission (“SEC”) and NASDAQ.

Elevate Farms Inc. ("Elevate" or "Elevate Farms"), a ‎tech-based vertical farming company focused on cost-effectively ‎‎growing leafy green vegetables at ‎mass scale, is pleased to announce the commencement of operations at its first wholly-owned US farm, ‎located in Orange, New Jersey ("Elevate New Jersey").

BrightFarms, a national leader in the indoor farming industry, is expanding with four new regional greenhouse hubs offering sustainably grown leafy greens to more people across the Eastern and Central U.S.

Today, vertical farming leader Oishii launched The Koyo Berry, the newest varietal grown by the beloved strawberry brand.

By the end of 2023, Cincinnati-based Kroger plans to more than triple store availability of Gotham Greens-grown produce, and expand the company's other offerings to more than 2,000 stores.

Plenty’s new research center is projected to be a more than 60,000-square-foot facility built on 16 acres of land in the Cirrus Sky Technology park in Laramie, WY.

Not too long ago, the produce industry watched as billions of dollars went into the indoor farming boom. While I wouldn't go so far as to call it a bust, we're seeing some growing pains.

The company says it has worked closely with our customers to ensure we continue with strong growth while we reposition the Orlando and Atlanta farms to better serve our customers with the right products in the future.