Controlled Environment Agriculture
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Village Farms International to Report Q4 and Full Year 2025 Results on March 12, 2026
Globenewswire· 2026-02-26 21:30
Company Overview - Village Farms International, Inc. is a large-scale, vertically-integrated supplier of high-value, high-growth plant-based Consumer Packaged Goods, leveraging decades of experience in Controlled Environment Agriculture [4] - The company has a strong foundation as a leading fresh produce supplier in the US and Canada, while now focusing on high-growth cannabinoid opportunities internationally [4] Cannabis Operations - In Canada, the company's subsidiary, Pure Sunfarms, operates one of the largest cannabis facilities globally, with 2.2 million square feet of greenhouse production, and is recognized as a low-cost producer with high-quality products [5] - Village Farms owns an additional 2.6 million square feet of greenhouse capacity in Canada for future expansion and holds an 80% stake in Rose LifeScience, a leader in cannabis product commercialization [5] International Expansion - The company is targeting legal cannabis opportunities internationally, exporting medical cannabis from its EU GMP certified facility in Canada to markets such as Germany, the UK, Israel, Australia, and New Zealand [6] - Village Farms is expanding its export business and making investments in international production assets, including a license to grow and distribute recreational cannabis in the Netherlands [6] US Market Strategy - In the US, Balanced Health Botanicals, a wholly-owned subsidiary, is a leading CBD and hemp-derived brand and e-commerce platform [7] - Village Farms plans to enter the US THC market by leveraging its Texas-based greenhouse assets, which include 2.2 million square feet of existing greenhouse capacity and 950 acres of owned land for future expansion [7] Renewable Energy Initiatives - Village Farms Clean Energy, in partnership with Terreva Renewables, generates renewable natural gas from landfill gas at its Delta RNG facility, receiving royalties on all generated revenue [8]
Edible Garden Executes New Distribution Agreement with Busch's Fresh Food Market
Globenewswire· 2026-02-25 14:17
Core Insights - Edible Garden AG Incorporated has entered a two-year distribution agreement with Busch's Fresh Food Market to expand its retail presence in the Midwest, focusing on fresh potted herbs [1][2][4] Group 1: Distribution and Partnerships - The partnership with Busch's enhances Edible Garden's distribution footprint in the Midwest, aligning with the company's strategy to collaborate with regional retailers that prioritize freshness and community engagement [2][4] - Busch's Fresh Food Market, a family-owned retailer, has been serving Michigan communities for 50 years and emphasizes locally produced items and exceptional shopping experiences [3] Group 2: Product and Technology - Edible Garden's fresh potted herbs are cultivated using a controlled environment agriculture platform, which aims to provide longer shelf life, consistent quality, and reduced food waste [2][5] - The company will implement branded wire rack displays and patented self-watering displays in Busch's stores to enhance product visibility and performance [4][6] Group 3: Company Overview - Edible Garden is a leader in controlled environment agriculture, offering locally grown, organic produce through a sustainable farming model, and operates over 5,000 retail locations across the U.S., Caribbean, and South America [5][7] - The company has developed proprietary technologies, including the GreenThumb 2.0 software and self-watering displays, to optimize growing conditions and improve in-store presentation [6]
Edible Garden CEO Jim Kras Named to NJBIZ Power 100 for Second Consecutive Year; Recognized for Leadership in Sustainable Agriculture and Innovation
Globenewswire· 2026-02-17 14:02
Core Insights - Edible Garden AG Incorporated has been recognized for the second consecutive year in the NJBIZ Power 100 list, highlighting its CEO Jim Kras as a significant business leader in New Jersey [1][2] Company Overview - Edible Garden is a leader in controlled environment agriculture (CEA), focusing on sustainable, locally grown organic produce through its Zero-Waste Inspired® farming model [3] - The company operates over 5,000 retail locations across the United States, Caribbean, and South America, emphasizing advanced safety protocols and sustainable packaging [3] - It has state-of-the-art greenhouses and processing facilities in Michigan, Iowa, and New Jersey, and collaborates with contract growers to ensure product freshness and minimize environmental impact [3] Innovation and Technology - The company utilizes proprietary GreenThumb 2.0 software to optimize greenhouse conditions and reduce food miles, along with patented Self-Watering displays to enhance plant shelf life [4] - Edible Garden holds multiple patents in aquaculture technologies, including a closed-loop shrimp farming system and a modular recirculating aquaculture setup [4] Product Offerings - The company markets a range of nutrition and specialty food products, including plant and whey protein powders, and a line of fresh condiments [5] - Its product lines cater to health-conscious consumers, focusing on sustainable and better-for-you options [5]
Nature's Miracle Holding Inc. Begins Offering Made-in-USA Grow Lights Through Exclusive Agreement with Megaphoton USA LLC
Prnewswire· 2026-02-17 13:30
Core Insights - Nature's Miracle Holding Inc. has signed an exclusive supply agreement with Megaphoton USA LLC to offer Made-in-USA grow lights, enhancing its domestic supply chain capabilities and addressing customer demand for reliable CEA lighting solutions [1] Group 1: Partnership and Product Offerings - The partnership with Megaphoton USA LLC allows Nature's Miracle to provide U.S.-manufactured grow light products under the brand name "Nature's Miracle" [1] - Initial product offerings include various grow lights such as 1000W Full Spectrum LED Grow Light, 600W Full Spectrum LED Grow Light, and multiple HPS grow light fixtures [1] Group 2: Strategic Benefits - The agreement is expected to reduce uncertainties related to tariffs and logistics associated with overseas sourcing, enabling the company to adapt to customer needs in real-time [1] - Nature's Miracle aims to be one of the first companies to offer such domestically produced products in the U.S. market [1] Group 3: Company Overview - Nature's Miracle is an agriculture technology company focused on providing equipment and services for the controlled environment agriculture industry, including vertical farming in North America [1] - The company operates through subsidiaries Visiontech Group, Inc. and Hydroman, Inc., supplying grow lights and hydroponic products to indoor growers [1]
NATURE'S MIRACLE HOLDING INC. PARTICIPATES IN INDOOR AG-CON 2026
Prnewswire· 2026-02-11 13:30
Core Viewpoint - Nature's Miracle Holding Inc. is actively participating in Indoor Ag-Con 2026, a significant industry conference focused on controlled environment agriculture, which highlights the company's commitment to the indoor farming sector [1] Company Overview - Nature's Miracle Holding Inc. is a provider of equipment and services for the controlled environment agriculture (CEA) industry, particularly in vertical farming in North America [1] - The company operates through its wholly owned subsidiaries, Visiontech Group, Inc. and Hydroman, Inc., supplying grow lights and hydroponic products to a diverse range of indoor growers [1] - Nature's Miracle is also exploring opportunities for commercial-scale greenhouse projects to meet the increasing demand for locally produced food [1] Event Participation - Indoor Ag-Con 2026 will take place on February 11-12, 2026, at the Westgate Las Vegas, bringing together indoor growers, suppliers, distributors, technology providers, and investors [1] - The conference focuses on various sectors including leafy greens, vine crops, mushrooms, and legal cannabis, indicating a broad interest in indoor agriculture [1]
NATURE'S MIRACLE HOLDING INC. SIGNS MOU FOR $150 MILLION EPC CONTRACT TO BUILD LARGE-SCALE INDOOR CANNABIS FACILITY IN CALIFORNIA
Prnewswire· 2026-02-10 13:30
Core Viewpoint - Nature's Miracle Holding Inc. has signed a Memorandum of Understanding for a $150 million EPC contract to build a large-scale indoor cannabis cultivation facility in California, which is expected to be one of the largest in the state [1]. Group 1: Project Details - The facility will cover 88.38 acres, with approximately 660,000 square feet dedicated to indoor greenhouse space for year-round cannabis cultivation [1]. - The greenhouse will feature a fully controlled environmental system, including precise regulation of temperature, humidity, and CO levels, supported by advanced indoor grow lighting [1]. - The project is expected to be completed within 12 to 18 months, with Nature's Miracle serving as the primary EPC provider [1]. Group 2: Financial Aspects - The estimated production cost for cannabis from the facility is projected to be less than $200 per pound, positioning it among the lowest-cost producers in the United States [1]. - The facility will utilize a 40-megawatt off-grid photovoltaic solar generation system, with an estimated electricity cost of approximately $0.10 per kilowatt-hour [1]. Group 3: Strategic Importance - The project is designed to become a leading cannabis cultivation facility in the country and is expected to generate significant revenue for Nature's Miracle over the next 12 to 18 months [1]. - The advanced cultivation platform and technology are anticipated to enhance operational efficiency and yield consistency [1].
Edible Garden to Participate in ECRM’s Total Wellness: GLP-1, Weight Management, Nutrition & Vitamin Session, February 10–12, 2026
Globenewswire· 2026-02-05 13:09
Core Insights - Edible Garden AG Incorporated will participate in ECRM's Total Wellness: GLP-1, Weight Management, Nutrition & Vitamin Session from February 10–12, 2026, in Chicago, Illinois, to enhance retail partnerships and showcase its product offerings [1][2]. Company Overview - Edible Garden is a leader in controlled environment agriculture (CEA), providing sustainable, locally grown organic produce through a Zero-Waste Inspired farming model, available in over 5,000 retail locations across the U.S., Caribbean, and South America [5]. - The company operates advanced vertically integrated greenhouses and processing facilities, including locations in Grand Rapids, Michigan, Webster City, Iowa, and Belvidere, New Jersey [5]. Product Offerings - At the ECRM event, Edible Garden will showcase its Kick Sports Nutrition line, clean labeled sports nutrition products, weight management solutions, and protein powders under the Vitamin Way® and Vitamin Whey® brands [3][4]. - The company is focused on meeting the growing consumer interest in GLP-1 support, weight management, and clean nutrition, aiming to build a portfolio that caters to wellness-focused consumers [4]. Technology and Innovation - Edible Garden utilizes proprietary GreenThumb 2.0 software to optimize growing conditions and reduce food miles, along with patented Self-Watering displays to enhance plant shelf life [6]. - The company holds multiple patents in advanced aquaculture technologies, including a closed-loop shrimp farming system and a modular recirculating aquaculture setup [6]. Industry Recognition - Edible Garden has been recognized as a FoodTech 500 firm and is a member of Walmart's Project Gigaton sustainability initiative, highlighting its commitment to sustainability and innovation in the food technology sector [7].
Edible Garden to Participate in ECRM's Total Wellness: GLP-1, Weight Management, Nutrition & Vitamin Session, February 10–12, 2026
Globenewswire· 2026-02-05 13:09
Core Insights - Edible Garden AG Incorporated will participate in ECRM's Total Wellness: GLP-1, Weight Management, Nutrition & Vitamin Session from February 10–12, 2026, in Chicago, Illinois, to showcase its products and engage with retail partners [1][2][3] Company Overview - Edible Garden is a leader in controlled environment agriculture (CEA), providing sustainable, locally grown organic produce through its Zero-Waste Inspired® farming model, available in over 5,000 retail locations across the U.S., Caribbean, and South America [5][7] - The company operates advanced vertically integrated greenhouses and processing facilities, including locations in Grand Rapids, Michigan, Webster City, Iowa, and Belvidere, New Jersey [5] Product Offerings - The company will showcase its Kick Sports Nutrition line, clean labeled sports nutrition, weight management, and GLP-1 support products, along with plant and whey protein powders under the Vitamin Way® and Vitamin Whey® brands at the ECRM event [3][4] - Edible Garden also develops a range of nutrition and specialty food products, including fresh condiments and fermented items [7] Strategic Focus - The participation in the ECRM session aligns with the company's strategy to leverage direct retail engagement for distribution growth, new product introductions, and expanded shelf presence in better-for-you nutrition categories [3][4] - The CEO emphasized the growing consumer interest in GLP-1 support and clean nutrition, indicating a strong market demand for differentiated solutions [4]
Nature's Miracle Holding Inc. Appoints Dr. Jinlong "Frank" Du as President of Agricultural Business
Prnewswire· 2026-02-04 13:30
Company Overview - Nature's Miracle Holding Inc. has appointed Dr. Jinlong "Frank" Du as President of its Agricultural Business, aiming to enhance its position in the Controlled Environment Agriculture (CEA) market [1][5] - The company is focused on becoming an integrated supplier of products and services to the global CEA market, with plans to expand U.S. manufacturing of agricultural equipment [5][7] Leadership and Expertise - Dr. Du is a recognized leader in indoor growing and CEA, with over 20 years of experience and a track record of executing more than 300 large-scale smart greenhouse projects globally [2][3] - His expertise includes advanced horticultural lighting, energy-efficient systems, and high-yield crop production, which will be instrumental in driving the company's agricultural initiatives [2][5] Market Potential - The global CEA market is estimated to be approximately $90 billion in 2025 and is projected to exceed $200 billion by 2030, with a compound annual growth rate (CAGR) of about 14–16% [4] - Growth in the CEA market is driven by urbanization, food security concerns, water conservation, and the adoption of advanced technologies like IoT and automation [4] Strategic Goals - Under Dr. Du's leadership, the company aims to achieve approximately $50 million in agriculture-related revenue in 2026 [6] - The strategic focus includes offering "Made in USA" solutions to customers, enhancing the company's competitive edge in the CEA industry [5][6]
Nature's Miracle Holding Inc. Records a One-Time Gain of $6.9 Million From the Debt Settlement and Mutual Release with Megaphoton Inc.
Prnewswire· 2026-02-04 13:30
Core Viewpoint - Nature's Miracle Holding Inc. has entered into a Settlement Agreement with Megaphoton Inc., resolving all legal disputes and trade payables between the two companies, which is expected to enhance the company's financial position and future growth prospects [1][3]. Group 1: Settlement Agreement Details - Nature's Miracle will issue 15 million shares of common stock, approximately 13% of its outstanding shares, to Megaphoton at a valuation of $0.46 per share, in exchange for the forgiveness of $6.9 million in trade payables [2]. - The company will also reimburse Megaphoton $300,000 for legal costs incurred during the dispute [2]. Group 2: Financial Impact - The settlement results in a one-time gain of $6.9 million, leading to an increase in shareholder equity for the first quarter of 2026 [3]. - This agreement concludes a litigation process that began in 2022, which involved complaints and cross-complaints from both parties [3]. Group 3: Company Background - Nature's Miracle is a growing agriculture technology company focused on controlled environment agriculture, providing equipment and services, including grow lights and hydroponic products, to indoor growers in North America [5]. - The company operates through its subsidiaries, Visiontech Group and Hydroman, and aims to build commercial-scale greenhouses to meet the demand for fresh produce [5]. Group 4: Megaphoton Inc. Overview - Megaphoton specializes in smart agriculture, offering advanced greenhouse environmental systems and has completed over 300 large-scale smart greenhouse projects across multiple countries [6].