Controlled Environment Agriculture
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Agroz Inc. Announces Release of Executive Informational Report Entitled 'The Future of Food: Vertical Farming & AI' by Crystal Research Associates
Prnewswire· 2025-11-13 14:00
Core Insights - Agroz Inc. is an innovative, fully vertically integrated agricultural technology company specializing in AI-powered Controlled Environment Agriculture (CEA) vertical farms [1][3] - Crystal Research Associates, LLC has released an executive informational report on Agroz titled 'The Future of Food: Vertical Farming & AI' effective November 10, 2025 [1][2] Company Overview - Agroz designs, builds, manages, and operates both indoor and outdoor CEA vertical farms, focusing on delivering clean, pesticide-free, fresh, and nutritious vegetables directly to consumers and businesses [3] - The company aims to educate the public on its farming practices and believes its competitive advantage lies in its proprietary Agroz OS system, which includes digitally automated hardware systems and software solutions for farm management [3] Market Position and Future Plans - Agroz plans to expand its locations and services in the Gulf Cooperation Council (GCC) and Southeast Asia to enhance AI-driven food security solutions [5] - The company is set to debut its AI-driven "Agroz Robotics" at the Fortune Innovation Forum 2025, aiming to revolutionize sustainable food production [7]
Local Bounti (LOCL) - 2025 Q3 - Earnings Call Transcript
2025-11-12 14:00
Financial Data and Key Metrics Changes - In Q3 2025, the company reported a 19% year-over-year revenue growth, reaching $12.2 million, driven by increased production from its facilities in Georgia, Texas, and Washington [17] - The adjusted EBITDA loss improved to $7.2 million from $8.4 million in Q3 of the previous year, indicating meaningful year-over-year progress [17] - The net loss for Q3 decreased to $26.4 million from $34.3 million in the prior year, primarily due to lower interest expenses from a debt restructuring [18] Business Line Data and Key Metrics Changes - The Texas facility completed its reconfiguration and reached full harvestable capacity, effectively doubling its productive output [6] - Labor productivity increased by approximately 19%, while direct labor costs per pound decreased by about 17%, showcasing operational efficiency improvements [7] - The company anticipates yield increases of over 10% following ongoing optimization efforts across its facilities [9] Market Data and Key Metrics Changes - The packaged salad market is projected to grow at an annual rate of 8.6% through 2029, with the company launching new family-sized salad kits to meet consumer demand in this segment [13] - The company expanded its distribution in the Pacific Northwest, launching a new 10-ounce Romano salad kit across 89 Walmart stores, which is expected to enhance its market presence [12] Company Strategy and Development Direction - The company is focusing on building long-term supply partnerships with major retailers, transitioning discussions from exploratory to strategic [4][5] - There is an emphasis on optimizing product mix and pricing architecture to align with marketplace needs, which is expected to improve overall unit economics [11][16] - The company aims to achieve positive adjusted EBITDA by early 2026, driven by volume growth, operational efficiency, and cost discipline [20] Management's Comments on Operating Environment and Future Outlook - Management highlighted a significant shift in market perception of controlled environment agriculture (CEA), now viewed as essential infrastructure rather than an emerging technology [16] - The company is entering Q4 with enhanced operational capacity and stronger commercial momentum than ever before, positioning itself to capitalize on market opportunities [21] Other Important Information - The company has achieved nearly $8 million in annualized cost reductions through the first nine months of the year, with additional initiatives expected to yield $1.5 million to $2 million in further savings [10][20] - A patent application related to optimizing growing processes using computer vision and AI is anticipated to be issued soon, which could enhance production efficiency [9] Q&A Session Summary Question: What are the expectations for revenue growth and adjusted EBITDA? - Management expects revenue growth and product mix optimizations to be key levers for achieving positive adjusted EBITDA, anticipated in early 2026 [20] Question: How is the company addressing operational efficiency? - The company is implementing tower upgrades and automated harvesting, which are expected to improve cost structures and operational efficiency over time [20]
GrowGeneration to Exhibit Commercial Cultivation Solutions at 2025 CEAg World Conference and Expo
Globenewswire· 2025-11-12 13:00
Core Insights - GrowGeneration Corp. will exhibit at the 2025 CEAg World Conference and Expo, showcasing its extensive portfolio of proprietary brands and integrated solutions for controlled environment agriculture [1][2] Company Overview - GrowGeneration is one of the largest suppliers of specialty products for controlled environment agriculture (CEA), commercial cultivation, and retail garden centers, offering thousands of products including nutrients, additives, and environmental control systems [4] - The company operates an online superstore and a wholesale business for resellers, as well as a benching, racking, and storage solutions business [4] Product Highlights - Key product lines include: - **Char Coir**: High-grade coco sourced from a single farm, ensuring consistency and quality [5] - **Drip Hydro**: A complete nutrient solution designed to enhance productivity and yield [5] - **PowerSi**: Concentrated additives that improve plant health and crop quality [5] - **The Harvest Company**: Offers essential products for home gardening and commercial growing [5] - **Dialed In Under Canopy LED lights**: A lighting solution aimed at improving lower-canopy flower development in commercial cannabis cultivation [5] Event Details - The CEAg World Conference and Expo will take place from November 19-21, 2025, at the Durham Convention Center in North Carolina, with GrowGeneration's booth located at 309 [1][2] - Key representatives from GrowGeneration will be present for meetings with commercial operators, conference attendees, and investors [3]
Edible Garden Schedules Third Quarter 2025 Financial Results and Business Update Conference Call
Globenewswire· 2025-11-07 14:15
Core Insights - Edible Garden AG Incorporated will host a conference call on November 14, 2025, to discuss its financial results for the third quarter of 2025 and provide a business update [1] Company Overview - Edible Garden is a leader in controlled environment agriculture (CEA), focusing on locally grown, organic, and sustainable produce [4] - The company operates over 5,000 retail locations across the U.S., Caribbean, and South America, utilizing a Zero-Waste Inspired® farming model [4] - Edible Garden has advanced safety protocols, sustainable packaging, and patented technologies such as GreenThumb software and Self-Watering displays [4][5] Technology and Innovation - The proprietary GreenThumb 2.0 software optimizes greenhouse conditions and aims to reduce food miles, protected by multiple U.S. patents [5] - The Self-Watering display extends plant shelf life and enhances in-store presentation, also patented [5] - The company holds patents in advanced aquaculture technologies, including a closed-loop shrimp farming system and automated water treatment setups [5] Recognition and Partnerships - Edible Garden has been recognized as a FoodTech 500 firm and is a member of Walmart's Project Gigaton sustainability initiative [6] - The company develops a range of nutrition and specialty food products, including plant and whey protein powders and gourmet condiments [6]
James Beard Award-Winning Chef JJ Johnson Leads Effort to Combat SNAP Cuts in Harlem, Teaming Up with Edible Garden and Community Partners
Globenewswire· 2025-11-06 14:00
Core Points - Edible Garden AG Incorporated supports a community initiative led by Chef JJ Johnson to provide free meals to those affected by the loss of SNAP benefits in Harlem [1][2][3] - The initiative aims to serve 100 free meals per day to individuals in need, reflecting a commitment to food justice and sustainability [2][3] - Chef JJ Johnson emphasizes the importance of local restaurants in providing meals during government shutdowns, reinforcing community support [3] Company Overview - Edible Garden is a leader in controlled environment agriculture (CEA), focusing on locally grown, organic, and sustainable produce [1][7] - The company operates advanced greenhouses and processing facilities, with a presence in over 5,000 retail locations across the U.S., Caribbean, and South America [7] - Edible Garden utilizes innovative farming technologies, including patented GreenThumb software and Self-Watering displays, to enhance sustainability and reduce food miles [8][9] Chef JJ Johnson's Profile - Chef JJ Johnson is an award-winning chef known for his Caribbean-inspired cuisine and has received multiple accolades, including a James Beard Foundation Book Award [4] - He is the founder of FIELDTRIP, a restaurant that emphasizes rice as a key ingredient and focuses on sustainable and ethically sourced food [4][5] - Johnson is also involved in various community initiatives and organizations advocating for food justice and equity [6]
Village Farms International Welcomes Brian Ellis as Chief Information and Technology Officer
Globenewswire· 2025-11-06 12:00
Core Insights - Village Farms International, Inc. has appointed Brian Ellis as the Chief Information and Technology Officer to oversee enterprise architecture and IT strategy as the company expands globally [1][3] - Brian Ellis brings over 25 years of IT experience from various industries, including significant roles in digital transformation at companies like Nike and Booking.com [2] - The company is focusing on scaling its business internationally, particularly in the cannabis sector, leveraging its extensive agricultural expertise [4][5] Company Overview - Village Farms is a vertically-integrated supplier of plant-based Consumer Packaged Goods, with a strong foundation in fresh produce supply to grocery retailers in the US and Canada [4] - The company operates one of the largest cannabis operations in Canada, Pure Sunfarms, with 2.2 million square feet of greenhouse production and plans for future expansion [5] - Village Farms is targeting international cannabis opportunities, exporting medical cannabis to markets such as Germany and Australia, and has a presence in the Dutch recreational cannabis market [6] US Market Strategy - In the US, Village Farms' subsidiary Balanced Health Botanicals is a leading CBD brand, and the company plans to enter the THC market using its Texas-based greenhouse assets, which include 2.2 million square feet of existing capacity and 950 acres for future expansion [7] Renewable Energy Initiatives - Village Farms Clean Energy, in partnership with Terreva Renewables, generates renewable natural gas from landfill gas, receiving royalties on generated revenue [8]
Edible Garden Begins Shipping The Fresh Market
Globenewswire· 2025-11-04 12:30
Core Insights - Edible Garden AG Incorporated has begun shipping its USDA Organic herbs product line to The Fresh Market, enhancing its distribution and commitment to sustainable produce [1][3] - The Fresh Market is a specialty grocery retailer known for its premium-quality fresh food and exceptional customer service, operating 164 stores across 22 states [2] Company Overview - Edible Garden is a leader in controlled environment agriculture (CEA), focusing on locally grown, organic, and sustainable produce through its Zero-Waste Inspired® farming model [4] - The company operates advanced greenhouses and processing facilities in multiple states, including Michigan, Iowa, and New Jersey, and partners with contract growers to ensure freshness [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 [5] - The company holds several patents in aquaculture technologies, including a closed-loop shrimp farming system and automated water treatment setups [5] Product Offerings - In addition to herbs, Edible Garden markets a range of nutrition and specialty food products, including plant and whey protein powders, gourmet sauces, and fermented pickles [6]
Edible Garden Receives Preliminary Approval to Sell Up to $3.35 Million in Tax Credits Through NJEDA Program
Globenewswire· 2025-10-30 12:00
Core Insights - Edible Garden AG Incorporated has received preliminary approval from the New Jersey Economic Development Authority (NJEDA) to transfer up to approximately $3.35 million of unused net operating losses and R&D tax credits, which could provide non-dilutive capital for growth and innovation [1][2][4] Group 1: Financial Implications - The approval allows Edible Garden to generate up to approximately $3.35 million in cash proceeds, which can be used to support working capital, growth initiatives, and innovation [2][4] - The transaction is contingent upon identifying an approved corporate buyer and final allocation under the NJEDA's Technology Business Tax Certificate Transfer Program [2][3] Group 2: Program Overview - The NJEDA NOL Program enables qualified New Jersey-based technology and innovation-driven companies to convert unused net operating losses and R&D credits into working capital, creating a non-dilutive source of liquidity [3] - The program is part of New Jersey's $75 million annual allocation aimed at fostering innovation and business expansion [3] Group 3: Company Background - Edible Garden is a leader in controlled environment agriculture (CEA), providing locally grown, organic, and sustainable produce through its advanced farming model [5] - The company operates state-of-the-art greenhouses and processing facilities across the U.S. and partners with contract growers to ensure freshness and reduce environmental impact [5][6] - Edible Garden has developed proprietary technologies, including the GreenThumb software and Self-Watering displays, to optimize growing conditions and enhance product presentation [6]
Edible Garden Strengthens Midwest Operations With Expanded Production Capacity at Heartland Facility in Grand Rapids, Michigan
Globenewswire· 2025-10-28 13:15
Core Insights - Edible Garden AG Incorporated has completed an additional production line at its Grand Rapids facility to enhance production capacity and meet growing demand ahead of the holiday season, which is traditionally the company's busiest quarter [1][2] - The new production line will improve efficiency and scalability, allowing the company to better serve major retail partners such as Kroger, Meijer, and Walmart [1][2] - The expansion is part of Edible Garden's strategic growth in the Midwest, streamlining logistics and reducing reliance on third-party suppliers [1][2] Company Overview - Edible Garden is a leader in controlled environment agriculture (CEA), providing locally grown, organic, and sustainable produce through its Zero-Waste Inspired farming model [3] - The company operates in over 5,000 retail locations across the U.S., Caribbean, and South America, and is recognized for its advanced safety protocols and sustainable practices [3] - Edible Garden utilizes patented technologies, including the GreenThumb® greenhouse management platform, to enhance operational efficiency and product quality [4] Product Offerings - The company develops a range of nutrition and specialty food products, including plant and whey protein powders, and a line of fresh, sustainable condiments [5][6] - Edible Garden's product line includes Vitamin Way® and Vitamin Whey® for health-conscious consumers, as well as fermented gourmet sauces and pickles [5][6]
Nature's Miracle ("NMHI") Opened Office in Tokyo for the Tokenization Opportunities in Japan
Prnewswire· 2025-10-27 13:23
Core Insights - Nature's Miracle Holding Inc. has opened a new office in Tokyo's Toranomon Central Business District, enhancing its position in the cryptocurrency market and tokenization opportunities [1] - The company appointed Yoseuke Morimoto as the local representative director, leveraging his experience and connections in Japan to access sophisticated investors in Asia [1] Company Overview - Nature's Miracle is an agriculture technology company focused on providing products and services in the Controlled Environment Agriculture (CEA) industry in the U.S. [2] - The company's common stock is traded on the OTCQB market under the symbol "NMHI" [2] Strategic Developments - The establishment of the Tokyo office positions Nature's Miracle to explore tokenization in carbon credits, mining, and real-world assets [1] - The presence in Tokyo is expected to facilitate the development of RWA Tokenization products [1]