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Nature's Miracle Holding Inc. Announces Purchase of EV Trucks and Launch of Mobile E-Farm Business in Southern California
Prnewswire· 2025-04-28 12:30
Core Insights - Nature's Miracle Holding Inc. has entered into an agreement to purchase five electric vehicles (EVs) from ZO Motors North America, with plans to modify them into Mobile Vertical Farming trucks for growing microgreens and herbs [1][2] - The Mobile Vertical Farm initiative is set to launch in the Los Angeles market in the second quarter of 2025, utilizing hydroponic technology and environmentally friendly EVs [2][3] - Each Mobile Vertical Farm truck can grow approximately 3,000 pounds of fresh produce annually, catering to the needs of up to 40 people for fresh salad [2] Company Overview - Nature's Miracle is a growing agriculture technology company focused on providing products and services in the Controlled Environment Agriculture (CEA) industry in the U.S. [3] - The company's common stock trades on the OTCQB market under the symbol "NMHI" [3] Partnership Details - The partnership with ZO Motors aims to revolutionize the supply chain for fresh vegetables, emphasizing sustainability and local delivery [3][4] - ZO Motors specializes in zero-emission commercial vehicles and is committed to sustainable transportation solutions [4] Environmental Impact - The Mobile Vertical Farms are designed to save up to 90% of water compared to traditional farming methods, promoting environmentally friendly practices [2] - The initiative may also qualify for USDA subsidies and financing, enhancing its financial viability [1]
Nature's Miracle Holding Inc. Announces Successful Listing on OTCQB Markets
Prnewswire· 2025-04-17 12:30
Company Overview - Nature's Miracle Holding Inc. is a leader in vertical farming technology and operates in the Controlled Environment Agriculture (CEA) industry in the U.S. [4] - The company's common shares have been approved to trade on the OTCQB Venture Market under the ticker "NMHI" effective April 17, 2025 [1][2]. Market Position - The OTCQB is recognized as an established public market by the U.S. Securities and Exchange Commission, catering to U.S. and international companies in the entrepreneurial and development stage [2]. - Companies listed on the OTCQB must meet specific criteria, including current financial reporting and passing a minimum bid price test, which enhances transparency and liquidity [2]. Future Growth Plans - The Chairman and CEO of the company, Tie "James" Li, expressed optimism about joining the OTC Markets, indicating that this platform is suitable for the company's development stage and will aid in raising capital for planned growth in 2025 and beyond [3].