Little Leaf Farms Raises $90M to Grow Its Greenhouse Network

by Jennifer Marston

Image from: Little Leaf Farms

Massachusetts-based Little Leaf Farms has raised $90 million in a debt and equity financing round to expand its network of hydroponic greenhouses on the East Coast. The round was led by Equilibrium Capital as well as founding investors Bill Helman and Pilot House Associates. Bank of America also participated.

Little Leaf Farms says the capital is “earmarked” to build new greenhouse sites along the East Coast, where its lettuce is currently available in about 2,500 stores. 

The company already operates one 10-acre greenhouse in Devins, Massachusetts. Its facility grows leafy greens using hydroponics and a mixture of sunlight supplemented by LED-powered grow lights. Rainwater captured from the facility’s roof provides most of the water used on the farm. 

According to a press release, Little Leaf Farms has doubled its retail sales to $38 million since 2019. And last year, the company bought180 acres of land in Pennsylvania on which to build an additional facility. Still another greenhouse, slated for North Carolina, will serve the Southeast region of the U.S. 

Little Leaf Farms joins the likes of Revol Greens, Gotham Greens, AppHarvest, and others in bringing local(ish) greens to a greater percentage of the population. These facilities generally pack and ship their greens on the day of or day after harvesting, and only supply retailers within a certain radius. Little Leaf Farms, for example, currently servers only parts of Massachusetts, Pennsylvania, New York, and New Jersey. 

The list of regions the company serves will no doubt lengthen as the company builds up its greenhouse network in the coming months.

Indoor Farming Gains Ground Amid Pandemic, Climate Challenges

Investors say urban farming can boost food security despite rising inflation, trade tensions and global food shortages.

Image from: Reuters via AppHarvest

Investors used to brush off Amin Jadavji’s pitch to buy Elevate Farms’ vertical growing technology and produce stacks of leafy greens indoors with artificial light.

“They would say, ‘This is great, but it sounds like a science experiment,'” said Jadavji, CEO of Toronto, Canada-based Elevate.

Now, indoor farms are positioning themselves as one of the solutions to coronavirus pandemic-induced disruptions to the harvesting, shipping, and sale of food.

“It’s helped us change the narrative,” said Jadavji, whose company runs a vertical farm in Ontario, and is building others in New York and New Zealand.

Proponents, including the US Department of Agriculture (USDA), say urban farming increases food security at a time of rising inflation and limited global supplies. North American produce output is concentrated in Mexico and the US southwest, including California, which is prone to wildfires and other severe weather.

Climate-change concerns are also accelerating investments, including by agribusiness giant Bayer AG, into multi-storey vertical farms or greenhouses the size of 50 football fields.

They are enabling small North American companies like Elevate to bolster indoor production and compete with established players BrightFarms, AeroFarms and Plenty, backed by Amazon.com Inc founder Jeff Bezos.

But critics question the environmental cost of indoor farms’ high power requirements.

Vertical farms grow leafy greens indoors in stacked layers or on walls of foliage inside of warehouses or shipping containers. They rely on artificial light, temperature control and growing systems with minimal soil that involve water or mist, instead of the vast tracts of land in traditional agriculture.

Image from: Reuters via AppHarvest

Greenhouses can harness the sun’s rays and have lower power requirements. Well-established in Asia and Europe, greenhouses are expanding in North America, using greater automation.

Investments in global indoor farms totalled a record-high $500m in 2020, AgFunder research head Louisa Burwood-Taylor said.

The average investment last year rose sharply, as large players including BrightFarms and Plenty raised fresh capital, she said.

A big funding acceleration lies ahead, after pandemic food disruptions – such as infections among migrant workers that harvest North American produce – raised concerns about supply disruptions, said Joe Crotty, director of corporate finance at accounting firm KPMG, which advises vertical farms and provides investment banking services.

“The real ramp-up is the next three to five years,” Crotty said.

Vegetables grown in vertical farms or greenhouses are still just a fraction of overall production. US sales of food crops grown under cover, including tomatoes, cucumbers and lettuce, amounted to 358 million kilogrammes (790 million pounds) in 2019, up 50 percent from 2014, according to the USDA.

California’s outdoor head lettuce production alone was nearly four times larger, at 1.3 billion kg (2.9 billion pounds).

Image from: Reuters via AppHarvest

The USDA is seeking members for a new urban agriculture advisory committee to encourage indoor and other emerging farm practices.

Plant Breeding Moves Indoors

Bayer, one of the world’s biggest seed developers, aims to provide the plant technology to expand vertical agriculture. In August, it teamed with Singapore sovereign fund Temasek to create Unfold, a California-based company, with $30m in seed money.

Unfold says it is the first company focused on designing seeds for indoor lettuce, tomatoes, peppers, spinach and cucumbers, using Bayer germplasm, a plant’s genetic material, said Chief Executive John Purcell.

Their advances may include, for example, more compact plants and an increased breeding focus on quality, Purcell said.

Unfold hopes to make its first sales by early 2022, targeting existing farms, and startups in Singapore and the United Kingdom.

Greenhouses are also expanding, touting higher yields than open-field farming.

AppHarvest, which grows tomatoes in a 60-acre greenhouse in Morehead, Kentucky, broke ground on two more in the state last year. The company aims to operate 12 facilities by 2025.

Its greenhouses are positioned to reach 70 percent of the US population within a day’s drive, giving them a transportation edge over the southwest produce industry, said Chief Executive Jonathan Webb.

“We’re looking to rip the produce industry out of California and Mexico and bring it over here,” Webb said.

Projected global population growth will require a large increase in food production, a tough proposition outdoors given frequent disasters and severe weather, he said.

Image from: Reuters via AppHarvest

New York-based BrightFarms, which runs four greenhouses, positions them near major US cities, said Chief Executive Steve Platt. The company, whose customers include grocers Kroger and Walmart, plans to open its two largest farms this year, in North Carolina and Massachusetts.

Platt expects that within a decade, half of all leafy greens in the US will come from indoor farms, up from less than 10 percent currently.

“It’s a whole wave moving in this direction because the system we have today isn’t set up to feed people across the country,” he said.

‘Crazy, Crazy Things’

But Stan Cox, research scholar for non-profit The Land Institute, is sceptical of vertical farms. They depend on grocery store premiums to offset higher electricity costs for lighting and temperature control, he said.

“The whole reason we have agriculture is to harvest sunlight that’s hitting the earth every day,” he said. “We can get it for free.”

Bruce Bugbee, a professor of environmental plant physiology at Utah State University, has studied space farming for NASA. But he finds power-intensive vertical farming on Earth far-fetched.

“Venture capital goes into all kinds of crazy, crazy things and this is another thing on the list.”

Bugbee estimates that vertical farms use 10 times the energy to produce food as outdoor farms, even factoring in the fuel to truck conventional produce across the country from California.

AeroFarms, operator of one of the world’s largest vertical farms, based in a former New Jersey steel mill, says comparing energy use with outdoor agriculture is not straightforward. Produce that ships long distances has a higher spoilage rate and many outdoor produce farms use irrigated water and pesticides, said Chief Executive Officer David Rosenberg.

Vertical farmers tout other environmental benefits.

Elevate uses a closed-loop system to water plants automatically, collect moisture that plants emit and then re-water them with it. Such a system requires two percent of the water used on an outdoor romaine lettuce operation, Jadavji said. The company uses no pesticides.

“I think we’re solving a problem,” he said.

Agritech: Precision Farming With AI, IoT and 5G

Image from: Photo by Mohd Izwan Mohd Nazam/The Edge

For a company that grows and delivers vegetables, Boomgrow Productions Sdn Bhd’s office is nothing like a farm, or even a vertical farm.

Where farms are bedecked with wheelbarrows, spades and hoes, Boomgrow’s floor plan is akin to a co-working space with a communal island table, several cubicles, comfortable armchairs, a cosy hanging rattan chair and a glass-walled conference room in the middle.

At a corner, propped up along a walkway leading to a rectangular chamber fitted with grow lights, are rows of support stilts with hydroponic planters developed in-house and an agricultural technologist perched on a chair, perusing data. “This is where some of the R&D work happens,” says Jay Dasen, co-founder of the agritech start-up.

But there is a larger farm where most of the work behind this high-tech initiative is executed. Located a stone’s throw from the city centre in Ampang is a 40ft repurposed shipping container outfitted with perception technologies and artificial intelligence (AI) capabilities that mimic the ideal environment to produce more than 50,000kg of vegetables a year.

Stacked in vertical layers, Boomgrow’s vegetables are grown under artificial lights with Internet of Things (IoT) sensors to detect everything from leaf discolouration to nitrate composition. This is coupled with AI and machine learning algorithms.

Boomgrow is the country’s first 5G-connected vertical farm. With the low latency and larger bandwidth technology, the start-up is able to monitor production in real time as well as maintain key para­meters, such as temperature and humidity, to ensure optimal growth conditions.

When Jay and her co-founders, K Muralidesan and Shan Palani, embarked on this initiative six years ago, Boomgrow was nowhere near what it is today.

The three founders got together hoping to do their part in building a more sustainable future. “I’ve spent years advising small and large companies on sustainability, environmental and social governance disclosures. I even embarked on a doctorate in sustainability disclosure and governance,” says Jay.

“But I felt a deep sense of disconnect because while I saw companies evolving in terms of policies, processes and procedures towards sustainability, the people in those organisations were not transforming. Sustainability is almost like this white noise in the background. We know it’s important and we know it needs to be done, but we don’t really know how to integrate it into our lives.

“That disconnect really troubled me. When we started Boomgrow, it wasn’t a linear journey. Boomgrow is something that came out of meaningful conversations and many years of research.”

Shan, on the other hand, was an architect who developed a taste for sustainable designs when he was designing modular structures with minimal impact on their surroundings between regular projects. “It was great doing that kind of work. But I was getting very dissatisfied because the projects were customer-driven, which meant I would end up having debates about trivial stuff such as the colour of wall tiles,” he says.

As for Murali, the impetus to start Boomgrow came from having lived overseas — while working in capital markets and financial services — where quality and nutritious produce was easily available.

Ultimately, they concluded that the best way to work towards their shared sustainability goals was to address the imminent problem of food shortage.

“By 2050, the world’s population is expected to grow to 9.7 billion people, two-thirds of whom will be in Asia-Pacific. Feeding all those people will definitely be a huge challenge,” says Jay. 

“The current agricultural practice is not built for resilience, but efficiency. So, when you think of farming, you think of vast tracts of land located far away from where you live or shop.

“The only way we could reimagine or rethink that was to make sure the food is located closer to consumers, with a hyperlocal strategy that is traceable and transparent, and also free of pesticides.”

Having little experience in growing anything, it took them a while to figure out the best mechanism to achieve their goal. “After we started working on prototypes, we realised that the tropics are not designed for certain types of farming,” says Jay. 

“And then, there is the problem of harmful chemicals and pesticides everywhere, which has become a necessity for farmers to protect their crops because of the unpredictable climate. We went through many iterations … when we started, we used to farm in little boxes, but that didn’t quite work out.”

They explored different methodologies, from hydroponics to aquaponics, and even started growing outdoors. But they lost a lot of crops when a heat wave struck.

That was when they started exploring more effective ways to farm. “How can we protect the farm from terrible torrential rains, plant 365 days a year and keep prices affordable? It took us five years to answer these questions,” says Jay.

Even though farmers all over the world currently produce more than enough food to feed everyone, 820 million people — roughly 11% of the global population — did not have enough to eat in 2018, according to the World Health Organization. Concurrently, food safety and quality concerns are rising, with more consumers opting for organically produced food as well as safe foods, out of fear of harmful synthetic fertilisers, pesticides, herbicides and fungicides.

According to ResearchAndMarkets.com, consumer demand for global organic fruit and vegetables was valued at US$19.16 billion in 2019 and is anticipated to expand at a compound annual growth rate (CAGR) of 6.5% by 2026.

Meanwhile, the precision farming market was estimated to be US$7 billion in 2020 and is projected to reach US$12.8 billion by 2025, at a CAGR of 12.7% between 2020 and 2025, states MarketsandMarkets Research Pte Ltd.

Malaysia currently imports RM1 billion worth of leafy vegetables from countries such as Australia, China and Japan. Sourcing good and safe food from local suppliers not only benefits the country from a food security standpoint but also improves Malaysia’s competitive advantage, says Jay.

Unlike organic farming — which is still a soil-based method — tech-enabled precision farming has the advantage of catering for increasing demand and optimum crop production with the limited resources available. Moreover, changing weather patterns due to global warming encourage the adoption of advanced farming technologies to enhance farm productivity and crop yield.

Boomgrow’s model does not require the acres of land that traditional farms need, Jay emphasises. With indoor farms, the company promises a year-round harvest, undisturbed by climate and which uses 95% less water, land and fuel to operate.

Traditional farming is back-breaking labour. But with precision technology, farmers can spend less time on the farm and more on doing other things to develop their business, she says.

Boomgrow has secured more than RM300,000 in funding via technology and innovation grants from SME Corporation Malaysia, PlaTCOM Ventures and Malaysia Digital Economy Corporation, and is on track to build the country’s largest indoor farms.

Image from: Boomgrow

The company got its chance to showcase the strength of its smart technology when Telekom Malaysia Bhd (TM) approached it to be a part of the telco’s Smart Agriculture cluster in Langkawi last October.

“5G makes it faster for us to process the multiple data streams that we need because we collect data for machine learning, and then AI helps us to make decisions faster,” Jay explains.

“We manage the farm using machines to study inputs like water and electricity and even measure humidity. All the farm’s produce is lab-tested and we can keep our promise that there are no pesticides, herbicides or any preserving chemicals. We follow the food safety standards set by the EU, where nitrate accumulation in plant tissues is a big issue.”

With TM’s 5G technology and Boomgrow’s patent-pending technology, the latter is able to grow vegetables like the staple Asian greens and highland crops such as butterhead and romaine lettuce as well as kale and mint. While the company is able to grow more than 30 varieties of leafy greens, it has decided to stick to a selection of crops that is most in demand to reduce waste, says Jay.

As it stands, shipping containers are the best fit for the company’s current endeavour as containerised modular farms are the simplest means of bringing better food to local communities. However, it is also developing a blueprint to house farms in buildings, she says.

Since the showcase, Boomgrow has started to supply its crops to various hotels in Langkawi. It rolled out its e-commerce platform last year after the Movement Control Order was imposed. 

“On our website, we promise to deliver the greens within six hours of harvest. But actually, you could get them way earlier. We harvest the morning after the orders come in and the vegetables are delivered on the same day,” says Jay.

Being mindful of Boomgrow’s carbon footprint, orders are organised and scheduled according to consumers’ localities, she points out. “We don’t want our delivery partners zipping everywhere, so we stagger the orders based on where consumers live. 

“For example, all deliveries to Petaling Jaya happen on Thursdays, but the vegetables are harvested that morning. They are not harvested a week before, three days before or the night before. This is what it means to be hyperlocal. We want to deliver produce at its freshest and most nutritious state.”

Plans to expand regionally are also underway, once Boomgrow’s fundraising exercise is complete, says Jay. “Most probably, this will only happen when the Covid-19 pandemic ends.”

To gain the knowledge they have today, the team had to “unlearn” everything they knew and take up new skills to figure what would work best for their business, says Jay. “All this wouldn’t have been possible if we had not experimented with smart cameras to monitor the condition of our produce,” she laughs.

Where Vertical Farming and Affordable Housing Can Grow Together

Some vertical farms grow greens in old warehouses, former steel mills, or other sites set apart from the heart of cities. But a new series of projects will build multistory greenhouses directly inside affordable housing developments.

“Bringing the farm back to the city center can have a lot of benefits,” says Nona Yehia, CEO of Vertical Harvest, a company that will soon break ground on a new building in Westbrook, ME, that combines a vertical farm with affordable housing. Similar developments will follow in Chicago and in Philadelphia, where a farm-plus-housing will be built in the Tioga District, an opportunity zone.

Inside each building, the ground level will offer community access, while the greenhouse fills the second, third, and fourth floors, covering 70,000 square feet and growing around a million pounds of produce a year. (The amount of housing varies by site; in Maine, there will be only 15 units of housing, though the project will create 50 new jobs.)

In Chicago, there may be a community kitchen on the first level. In each location, residents will be able to buy fresh produce on-site; Vertical Harvest also plans to let others in the neighborhood buy greens directly from the farm. While it will sell to supermarkets, restaurants, hospitals, and other large customers, it also plans to subsidize 10% to 15% of its harvest for local food pantries and other community organizations.

“By creating a large-scale farm in a food desert, we are creating a large source of healthy, locally grown food 365 days a year,” Yehia says.

Vertical Farming ‘At a Crossroads’

Building the right business model to balance resource usage with socio-economic conditions is crucial to capturing new markets, say speakers ahead of Agri-TechE event

Image from: Fruitnet

Although growing crops all year round with Controlled Environment Agriculture (CEA) has been proposed as a method to localize food production and increase resilience against extreme climate events, the efficiency and limitations of this strategy need to be evaluated for each location. 

That is the conclusion of research by Luuk Graamans of Wageningen University & Research, a speaker at the upcoming Agri-TechE event on CEA, which takes place on 25 February.

His research shows that integration with urban energy infrastructure can make vertical farms more viable. Graamans’ research around the modelling of vertical farms shows that these systems are able to achieve higher resource use efficiencies, compared to more traditional food production, except when it comes to electricity. 

Vertical farms, therefore, need to offer additional benefits to offset this increased energy use, Graamans said. One example his team has investigated is whether vertical farms could also provide heat.

“We investigated if vertical farms could provide not just food for people living in densely populated areas and also heat their homes using waste heat. We found that CEA can contribute to stabilizing the increasingly complex energy grid.”

Diversification

This balance between complex factors both within the growing environment and wider socio-economic conditions means that the rapidly growing CEA industry is beginning to diversify with different business models emerging.

Jack Farmer is CSO at vertical producer LettUs Grow, which recently launched its Drop & Grow growing units, offering a complete farming solution in a shipping container. 

He believes everyone in the vertical farming space is going to hit a crossroads. “Vertical farming, with its focus on higher value and higher density crops, is effectively a subset of the broader horticultural sector,” he said. 

"All the players in the vertical farming space are facing a choice – to scale vertically and try to capture as much value in that specific space, or to diversify and take their technology expertise broader.”

LettUs Grow is focussed on being the leading technology provider in containerised farming, and its smaller ‘Drop & Grow: 24’ container is mainly focussed on people entering the horticultural space.

Opportunities in retail

“This year is looking really exciting,” he said. “Supermarkets are investing to ensure a sustainable source of food production in the UK, which is what CEA provides. We’re also seeing a growth in ‘experiential’ food and retail and that’s also where we see our Drop & Grow container farm fitting in.”

Kate Hofman, CEO, GrowUp agrees. The company launched the UK’s first commercial-scale vertical farm in 2014.

“It will be really interesting to see how the foodservice world recovers after lockdown – the rough numbers are that supermarket trade was up at least 11 per cent in the last year – so retail still looks like a really good direction to go in. 

“If we want to have an impact on the food system in the UK and change it for the better, we’re committed to partnering with those big retailers to help them deliver on their sustainability and values-driven goals.

“Our focus is very much as a salad grower that grows a fantastic product that everyone will want to buy. And we’re focussed on bringing down the cost of sustainable food, which means doing it at a big enough scale to gain the economies of production that are needed to be able to sell at everyday prices.”

Making the Numbers Add Up

The economics are an important part of the discussion. Recent investment in the sector has come from the Middle East, and other locations, where abundant solar power and scarce resources are driving interest in CEA. Graamans’ research has revealed a number of scenarios where CEA has a strong business case.

For the UK, CEA should be seen as a continuum from glasshouses to vertical farming, he believes. “Greenhouses can incorporate the technologies from vertical farms to increase climate control and to enhance their performance under specific climates."

It is this aspect that is grabbing the attention of conventional fresh produce growers in open field and covered crop production.  

A Blended Approach

James Green, director of agriculture at G’s, thinks combining different growing methods is the way forward. “There’s a balance in all of these systems between energy costs for lighting, energy costs for cooling, costs of nutrient supply, and then transportation and the supply and demand. At the end of the day, sunshine is pretty cheap and it comes up every day.

“I think a blended approach, where you’re getting as much benefit as you can from nature but you’re supplementing it and controlling the growth conditions, is what we are aiming for, rather than the fully artificially lit ‘vertical farming’.”

Graamans, Farmer and Hofman will join a discussion with conventional vegetable producers, vertical farmers and technology providers at the Agri-TechE event ‘Controlled Environment Agriculture is growing up’ on 25 February 2021.

How This Vertical Farm Grows 80,000 Pounds of Produce per Week

Bowery Farming uses technology to prioritize accessibility and sustainability in their produce growing operations

To some, the pristine growing conditions and perceived mechanical interference of a vertical farm can seem unnatural, but at Bowery Farming “interference” is actually not the goal at all. “We don’t really think about how people are involved in the growing process, but how to take people out of the growing process” says chief science officer Henry Sztul. “Our goal is actually to have as few people walking around our plants as possible.”

Bowery Farming is a network of vertical farms working to reengineer the growing process. Using a system of light and watering technology, Bowery is able to use 95 percent less water than a traditional outdoor farm, zero pesticides and chemicals, and grow food that tastes as good as anyone else’s. 

Bowery Farming uses vertical farm-specific seeds that are optimized for flavor instead of insect resistance and durability. Seeds are mechanically pressed into trays of soil, and sent out into growing positions, or racks within the building that have their own lighting and watering systems. Each tray gets its own QR code so that they can be monitored and assigned a customized plan for water and light until they’re ready to be harvested.

Irving Fain, Bowery Farming’s founder and CEO contemplates the prediction from the United Nations that 70 to 80 percent of the world’s population will be living in and around cities in the next 30 years. “Figuring out ‘how do you feed and how do you provide fresh food to urban environments both more efficiently as well as more sustainably?’ is a very important question today, and an even more important question in the years to come.”

Bowery’s Founder, Irving Fain, On The Future of Vertical Farming

Image from: The Spoon

At one point in the not-so-distant past, vertical farming’s role in our future agricultural system was far from certain. Growing leafy greens in warehouse-like environments controlled by tech seemed like a compelling business, but one that had yet to prove itself either economically or as an important source of food for a growing world population.

That, at least, was a common sentiment Irving Fain, CEO and founder of Bowery, met with when he started his vertical farming company five years ago. “There was a bit of skepticism around it,” he told me over a call recently, suggesting that five years ago, there were a lot more “ifs” than “whens” in terms of vertical farming’s future.

Fain, Bowery, and the entire vertical farming industry get a much warmer reception nowadays. Investment dollars are pouring into the space. Around the world, companies, scientists, and food producers are using the method to not just supply upscale grocery stores with greens but experiment with breeds of produce, feed underserved populations, and grow food in non-arable regions. As Fain suggested when we spoke, the last 12 months seem to have turned those “ifs” into definite “whens.” 

Bowery’s last 12 months also illustrate this change. Fain said that Bowery went from under 100 retail locations about a year ago to nearly 700 right now, and will be in more than 1,000 “in the coming months.” Its produce is in a number of food retailers around the Mid-Atlantic and Northeast, including Whole Foods Market, Giant Food, Stop & Shop, Walmart, and Weis Markets. And in 2020, the company experienced “more than 4x growth” with e-commerce partners.

While the pandemic is responsible for some of this popularity, Fain insists it is not the only reason for the eventful year. “It’s definitely bigger than the pandemic,” he said. “What you’re seeing is a food system that’s evolving and [people have a desire] to see transparency and traceability in the food system.” These, he says, are issues the traditional food supply chain isn’t really able to address right now, hence the opportunity for companies like Bowery, which effectively cut multiple steps out of the supply chain.

Bowery grows its greens (lettuces, herbs, and some custom blends) inside industrial spaces where crops are stacked vertically in trays and fed nutrients and water via a hydroponic system. Technology controls all elements of the farm, from the temperature inside to how much light each plants get. The company currently operates two farms, one in New Jersey and the other in Maryland. A third is planned for Pennsylvania. 

Technology, in particular, is something Bowery has big plans for. On top of a retail expansion, Bowery also added some notable personnel to its staff, including Injong Rhee, formerly the Internet of Things VP at Google as well a chief technologist at Samsung. Having such technology chops onboard will be vital in order for Bowery to realize many of its ambitions around advanced automation, which has the potential to optimize many parts of the seed-to-store process for vertically grown greens. 

For example, Bowery’s farms are equipped with sensors and cameras that are constantly collecting data — “billions” of points, according to the company — that can be used to not just observe the current state of plant health but also predict the most optimal growing conditions for each crop. Elements like temperature, humidity levels, nutrient levels, and light intensity can all be adjusted, via the BoweryOS software, to create those optimal conditions. The end result is more consistent crop production, better yields, more flavorful food, and, ideally, a better nutritional profile for the greens compared to what conventional produce offers.

The system can also, through automation and AI, detect problems with plants. In a recent interview with Venture Beat, Bowery Chief Science Officer Henry Sztul used the example of butterhead lettuce yellowing at the edges during growth. Bowery’s system is technologically advanced enough at this point that it is starting to understand the conditions that create those yellowing edges. That foreknowledge, in turn, will allow growers to adjust the crop “recipe” (see above mixture of lights, temperature, etc.) to avoid the problem.

It took Bowery years to get to this point in terms of what its technology is capable of doing. “The system [for] indoor farming that you choose has a direct impact on the crops you’ll be able to grow, on the margins you’ll be able to generate, and on the return profile of the business itself,” said Fain. “And so being incredibly intentional and thoughtful about what technology you use is something we spent a lot of time on because it has an extraordinarily important economic impact.”

On a less technically complex note, controlled ag from Bowery and others also goes some way towards reinventing the supply food chain. Rather than greens being harvested in, say, Mexico and shipped via a complex distribution process all the way to Baltimore, they are packaged up at the farm and distributed to nearby retailers, usually those within a day’s drive “It is much more sustainable. It is much more efficient, and it’s more reliable, and those things have been important to consumers long before COVID,” said Fain.

Bowery will continue to innovate on both the technology and supply side of its business, as well as with the food itself. The company just launched a new specialty product line that will experiment with different flavors of greens and change frequently. 

In terms of tech, Bowery’s latest farm, currently being built in Bethlehem, Pennsylvania, will incorporate even more automation than the company’s two existing farms. That location is slated to open later in 2021. When it does, Bowery will be capable of serving nearly 50 million people within a 200-mile radius.

The company hopes to expand its geographic reach much wider some day, building farms near most major U.S. cities and beyond. Given the increased confidence in the vertical farming sector as a whole, now looks to be the optimal time to move towards those ambitions. 

by Jennifer Marston, The Spoon

Indoor Farming Company With Backing From Ubben Aims to Solve The Problems With America’s Produce

Image from: AppHarvest

Company: AppHarvest Inc. (APPH)

The agriculture technology company focuses on building an indoor farm in Appalachia. The company combines agricultural techniques with cutting-edge technology and including access for all to nutritious food, farming, and building a homegrown food supply. The company operates a 60-acre controlled environment, agriculture facility in Morehead, Kentucky, which grows juicy beefsteak tomatoes and tomatoes on the vine. It also operates a 60-acre indoor farm, outside Richmond, Kentucky, where it cultivates fresh fruits and veggies.

The company’s technological systems monitor the pollination across all 68 bays and 684 rows of plants. AppHarvest is only the fourth U.S. public Certified B corporation. A B corporation is a company that has (1) achieved a high standard of social and environmental performance as measured by the B Impact Assessment, (2) verified their scores through transparency requirements, and (3) made a legal commitment to consider all stakeholders, not just shareholders. Any company can apply to be one.

Stock Market Value: $3.3 billion ($33.26 per share)

Image from: CNBC

Activist:

Inclusive Capital

Percentage Ownership:  

12.05%

Average Cost: 

n/a

Activist Commentary: 

Inclusive Capital Partners was formed in 2020 by ValueAct founder Jeff Ubben, to leverage capitalism and governance in pursuit of a healthy planet and the health of its inhabitants. The firm seeks long-term shareholder value through active partnership with companies whose core businesses contribute solutions to this pursuit. Inclusive is a returns driven fund with a focus on environmental and social investing.

Their primary focus is on environmental and social value creation, which leads to shareholder value creation. It is the successor to the ValueAct Spring Fund, which was launched in January 2018 and merged into Inclusive in 2020.

Inclusive is building a huge network and has accessed experts in industries such as energy, electrification, water, agriculture, food production, particulates, education and human rights. Just like ValueAct’s constructive, patient investment style, Inclusive will seek to earn the trust of managers, board members and institutional investors.

Jeff Ubben serves as the portfolio manager and Eva Zlotnicka serves as vice president. Eva has a pre-existing relationship with ValueAct through their interactions with Morgan Stanley, where she served as a VP and U.S. lead for the Global Sustainability Research Team. At Morgan Stanley, she worked to help address and raise awareness of environmental and social issues both inside and outside of corporations.

What’s Happening:

Jeff Ubben was appointed to the company’s Board in connection with the company’s business combination with Novus Capital.

Behind the Scenes:

This was initially an investment of ValueAct Spring Fund, which was converted into Inclusive Capital in 2020. Jeff Ubben first met AppHarvest founder Jonathan Webb in 2017 and has been involved with the company since the 2018 Series A round, working with Webb to put the management team together and develop a strong balance sheet. The company went public on February 1, 2021 through a $100 million SPAC transaction and a $375 million PIPE investment. Jeff Ubben is on the board where he can continue to help the company execute.

AppHarvest plans on having 12 facilities by 2025. The goal here is to make Kentucky the Netherlands of North America. The Netherlands (at 16,000 square miles) is the second largest agricultural exporter in the world, using greenhouse technology to feed two-thirds of all of Europe. In comparison, the state of Kentucky is 40,000 square miles and the US is 3.8 million square miles. AppHarvest’s motivation is first and foremost to benefit society, but if successful would have extraordinary financial returns as well.

As of 2018, 69% of fresh vine crops in the U.S. were imported, mostly from Mexico. These crops are pesticide-laden and grown using labor practices not up to U.S. standards. Moreover, they sit at the border for days and are driven 2,000+ miles to their destination, using tons of diesel fuel and resulting in less fresh produce. AppHarvest produces crops with no pesticides with greater nutrient density, and from their central location can reach 70% of the U.S. population in one day resulting in 80% less diesel fuel and much lower emissions. However, the larger environmental and economic benefit is in how the crops are grown — using 90% less water and yielding thirty times more per acre. 

Moreover, AppHarvest’s resources are nature based – the greenhouse structure allows them to use 12 hours of sunlight per day and they collect the heavy Kentucky rainfall for their system resulting in a much less adverse effect on the water supply while greatly decreasing their cost of production by not having to pay for water. The greenhouse system also eliminates any weather or seasonal constraints, allowing the company to grow more efficiently 365 days per year.

While the company has no historic revenue, they just made their first delivery of beefsteak tomatoes on January 19, 2021, to customers that include Walmart, Kroger and Publix

Yasai To Establish First Zürich Vertical Farm, Strategic Partnership Announced

Image from: Urban Ag News

iFarm with Yasai AG (Switzerland) and Logiqs B.V. (Netherlands) are proud to announce the beginning of a long-term cooperation.  

With the launch of the first vertical farm project in Zurich, Yasai AG announced the signing of a strategic agreement with equipment and tech suppliers. The company involved Logiqs and iFarm as technology partners in the construction of a pilot facility, with 673 sq. m of growing area and with a design capacity of 20 tons of fresh herbs per year.  

The Dutch company Logiqs will act as a supplier of automated shelving systems and grow lights. iFarm will supply the nutrient solution management system, climate control equipment, and the Growtune software platform which enables flow chart implementation and control over production conditions and processes. Going forward, the partners plan to scale up the experience of rapidly constructing an automated, compact, high-performance vertical farm, gained in a Swiss project, across the globe.

Image from: Urban Ag News

Mark Essam Zahran (co-founder Yasai):

The project will not just be limited to the testing and fine-tuning of state-of-the-art innovative solutions.  We expect to lay the groundwork for large-scale industrial vertical farming in smart cities and showcase the incredible benefits of a circular economy. A plantation in the largest Swiss city, one of the most expensive cities in the world, will help us assess the economic prospects and give other European cities an example of how to produce an abundant yield without harming the planet, plants, and people.

Gert-Jan van Staalduinen (owner Logiqs):

The Swiss project opens up interesting prospects for us. We expect a fruitful collaboration with Yasai experts and a beneficial exchange of best practices with iFarm. With our vast experience in implementing automation and logistics systems on farms, we will be able to build a technologically advanced farm in the very heart of Europe. 

Kirill Zelenski (CEO iFarm Europe):

We appreciate how meticulous and scrupulous Yasai is and are impressed by their passion and drive. We are just as inspired by the prospect of working with seasoned professionals from Logiqs. We hope that our software technologies will perfectly complement their hardware and the project as a whole will become a lasting benchmark for the industry and will serve as the beginning of a long-term cooperation.  

Bringing The Future To life In Abu Dhabi

Amid the deserts of Abu Dhabi, a new wave of entrepreneurs and innovators are sowing the seeds of a more sustainable future.

Image from: Wired

A cluster of shipping containers in a city centre is about the last place you’d expect to find salad growing. Yet for the past year, vertical farming startup Madar Farms has been using this site in Masdar City, Abu Dhabi, to grow leafy green vegetables using 95 per cent less water than traditional agriculture. 

Madar Farms is one of a number of agtech startups benefitting from a package of incentives from the Abu Dhabi Investment Office (ADIO) aimed at spurring the development of innovative solutions for sustainable desert farming. The partnership is part of ADIO’s $545 million Innovation Programme dedicated to supporting companies in high-growth areas.

“Abu Dhabi is pressing ahead with our mission to ‘turn the desert green’,” explained H.E. Dr. Tariq Bin Hendi, Director General of ADIO, in November 2020. “We have created an environment where innovative ideas can flourish and the companies we partnered with earlier this year are already propelling the growth of Abu Dhabi’s 24,000 farms.”

The pandemic has made food supply a critical concern across the entire world, combined with the effects of population growth and climate change, which are stretching the capacity of less efficient traditional farming methods. Abu Dhabi’s pioneering efforts to drive agricultural innovation have been gathering pace and look set to produce cutting-edge solutions addressing food security challenges.

Beyond work supporting the application of novel agricultural technologies, Abu Dhabi is also investing in foundational research and development to tackle this growing problem. 

In December, the emirate’s recently created Advanced Technology Research Council [ATRC], responsible for defining Abu Dhabi’s R&D strategy and establishing the emirate and the wider UAE as a desired home for advanced technology talent, announced a four-year competition with a $15 million prize for food security research. Launched through ATRC’s project management arm, ASPIRE, in partnership with the XPRIZE Foundation, the award will support the development of environmentally-friendly protein alternatives with the aim to "feed the next billion".

Image from: Madar Farms

Global Challenges, Local Solutions

Food security is far from the only global challenge on the emirate’s R&D menu. In November 2020, the ATRC announced the launch of the Technology Innovation Institute (TII), created to support applied research on the key priorities of quantum research, autonomous robotics, cryptography, advanced materials, digital security, directed energy and secure systems.

“The technologies under development at TII are not randomly selected,” explains the centre’s secretary general Faisal Al Bannai. “This research will complement fields that are of national importance. Quantum technologies and cryptography are crucial for protecting critical infrastructure, for example, while directed energy research has use-cases in healthcare. But beyond this, the technologies and research of TII will have global impact.”

Future research directions will be developed by the ATRC’s ASPIRE pillar, in collaboration with stakeholders from across a diverse range of industry sectors.

“ASPIRE defines the problem, sets milestones, and monitors the progress of the projects,” Al Bannai says. “It will also make impactful decisions related to the selection of research partners and the allocation of funding, to ensure that their R&D priorities align with Abu Dhabi and the UAE's broader development goals.”

Image from: Agritecture

Nurturing Next-Generation Talent

To address these challenges, ATRC’s first initiative is a talent development programme, NexTech, which has begun the recruitment of 125 local researchers, who will work across 31 projects in collaboration with 23 world-leading research centres.

Alongside universities and research institutes from across the US, the UK, Europe and South America, these partners include Abu Dhabi’s own Khalifa University, and Mohamed bin Zayed University of Artificial Intelligence, the world’s first graduate-level institute focused on artificial intelligence. 

“Our aim is to up skill the researchers by allowing them to work across various disciplines in collaboration with world-renowned experts,” Al Bannai says. 

Beyond academic collaborators, TII is also working with a number of industry partners, such as hyperloop technology company, Virgin Hyperloop. Such industry collaborations, Al Bannai points out, are essential to ensuring that TII research directly tackles relevant problems and has a smooth path to commercial impact in order to fuel job creation across the UAE.

“By engaging with top global talent, universities and research institutions and industry players, TII connects an intellectual community,” he says. “This reinforces Abu Dhabi and the UAE’s status as a global hub for innovation and contributes to the broader development of the knowledge-based economy.”

US - OHIO: Thinking And Growing Inside The Box

A brother-sister team has taken the mechanics of farming out of the field and into a freight container.

“We are growing beautiful plants without the sun; there’s no soil, and so it’s all a closed-loop water system,” Britt Decker, co-owner of Fifth Season FARM, said. “We use non-GMO seeds, completely free of herbicides and pesticides, so the product is really, really clean. In fact, we recommend people don’t even wash it, because there’s no reason to.”

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Fifth Season FARM is unique in many ways; the 3-acre hydroponic farm is contained in a 320-square-foot freight container that sits along 120 S. Main St. in Piqua, with everything from varying varities of lettuce, to radishes, to kale and even flowers in a climate-controlled smart farm that allows Decker and his sister, Laura Jackson, to turn crops in a six- to eight-week cycle. The crops spend 18 hours in “daytime” every day, and the farm uses 90% less water than traditional farming.

“It’s tricky because we’re completely controlling the environment in here. It’s kind of a laboratory more than a farm,” Decker said. “I think there’s about 50 of them around the world right now. These are really international, and they’re perfect for places that are food deserts where they can’t grow food because of climate or other reasons. It gives them a way to grow food in the middle of nowhere.”

Image from: Sidney Daily News

Decker and Jackson, along with their brother Bill Decker, also do traditional farming and grow corn, wheat and soybeans, but Decker said they were looking for a new venture that would help lead them to a healthier lifestyle and learn something new.

“Just with the whole local food movement becoming more and more important and food traceability, we just thought it would be a great thing to bring to our community to help everyone have a healthier lifestyle,” Decker said. “People love food that’s grown right in their hometown and the shelf-life on it, when you get it home, is remarkable. It’ll keep for two weeks.”

Image from: AgFunder News

Currently, Decker and Jackson are growing a half-dozen variety of specialty lettuces that include arugula, butterhead and romaine, as well as specialty greens like kale and Swiss chard, and even radishes and flowers. They received their freight container at the end of July and set up their indoor farm over two weeks; while the farm has been in operation for less than six months, Decker says that they’re growing beautiful product.

They have also started growing micro-greens, said Decker. Micro-greens are immature plants which are 1 to 3 inches tall and are in a 5-inch by 5-inch container.

“People will use them as garnishments and in smoothies,” said Decker. “Since they are immature plants, they have an intense flavor.”

Decker said they are growing wheat germ, broccoli and spicy salad mixes.

They’ve also started moving forward with sales and marketing. Fifth Season FARM has partnered with the Miami County Locally Grown Virtual Market to sell their products to the community. They also take orders through their website, customers can opt to pick up their orders between 4 and 6 p.m. on Wednesdays, or Decker and Jackson will deliver products up to five miles from the farm. Decker said that Fifth Season FARM is also in discussions with three restaurants in the area about including their specialty greens on their menus.

Decker said they also plan to attend the Sidney Farmers Market when it opens for the spring/summer season.

“We’re really just getting going,” Decker said. “While we were learning to grow products, we didn’t want to overcommit to a restaurant or grocery store before we knew we could really grow beautiful product, so we’ve been donating product every week to the food pantry at the Presbyterian Church. It feels good to plant the seeds and watch them grow, and it feels good to make sure that people who aren’t getting the proper nutrition are getting some.”

Democratic Mayoral Candidates Offer Ideas for Addressing Food Insecurity

Image from: Ed Reed/Mayoral Photography Office

Nine candidates vying for the Democratic nomination to become the next mayor of New York City gathered Tuesday morning in a virtual forum to discuss their visions for the city's food policy and serving the roughly 2 million New Yorkers who are food insecure.

At the "Town Hall on the Future of Food in New York City" -- hosted by Hunter College in partnership with City Harvest, CUNY Urban Food Policy Institute, Food Bank for NYC, Hunger Free America, and other organizations, and moderated by NY1 anchor Errol Louis -- the candidates discussed the city's urgent need to manage rampant hunger during the pandemic and center it in the recovery effort. But the discussion also focused on the pre-existing problems of food insecurity, inequitable access to nutritious meals, and inefficiencies and lack of sustainability in the city's food use.

The participants, who were selected based on their polling and fundraising standings among a field of dozens of candidates, included Brooklyn Borough President Eric Adams, former federal housing secretary Shaun Donovan, former city sanitation commissioner and "covid food czar" Kathryn Garcia, former Citigroup executive Ray McGuire, former nonprofit executive Dianne Morales, former city veterans' services commissioner Loree Sutton, city Comptroller Scott Stringer, small business owner Joycelyn Taylor, and Maya Wiley, a civil rights attorney and former counsel to Mayor Bill de Blasio. Louis pushed them to focus on how they would bring anti-hunger initiatives to scale to address the food crisis compounded by the pandemic.

Programs to help feed New Yorkers have often missed the mark, failing to meet adequate health standards and leaving many New Yorkers out entirely. A 2017 study from the Robin Hood Poverty Tracker found 1 in 4 eligible food stamp, or SNAP, recipients -- 700,000 New York City residents -- were not enrolled in the program, less than the statewide participation rate of 93 percent the same year, according to the Center on Budget and Policy Priorities. In September, the Poverty Tracker reporter 1.7 million New Yorkers were getting food stamps, over 200,000 more than last February. During roughly the same period the percentage of food stamp recipients who also used a food pantry doubled, from 27 percent of enrollees to 60 percent.

Nearly all candidates agreed on the need to increase SNAP benefits, and improve enrollment in the program; expand community gardens and urban agriculture; and improve access to nutritious food throughout communities and in institutional settings like schools and food pantries. There was also broad consensus around creating a more unified food procurement and distribution system in New York City by strengthening the Mayor's Office of Food Policy. Multiple candidates highlighted the frequent lack of coordination among the myriad city agencies that provide food as part of their services.

"One of the reasons why I needed to step in is that the Mayor's Office of Food Policy is incredibly understaffed," said Garcia, who managed the city's emergency food response last summer before leaving the de Blasio administration last fall and launching her campaign to succeed him.

"[Food Policy Director] Kate McKenzie does an amazing job but she doesn't have procurement authority, she doesn't have logistical authority...one of the clear things is how we approach food is very siloed, very fragmented," Garcia said, noting the separate food procurement activities of the Department of Education, Department of Correction, and senior centers. Garcia says the city provided 1 million meals a day and shored up food pantries last summer under her leadership. (Shortly after the forum, Garcia released a multi-pronged platform to fight food insecurity with an emphasis on enrolling more New Yorkers in SNAP and expanding what the benefits would cover.) 

Adams, who repeatedly discussed the need for nutritious food, criticized the nutritional value of many of the government-provided or -supported food services, including Garcia’s covid effort, and said increasing the size of the Mayor's Office of Food Policy would have a limited impact if the city did not also incorporate the new perspectives from food-access "visionaries."

"They don't share the values," Adams said of the city's food-oriented bureaucrats, historically. "I am amazed at the roadblocks, that organizations like Rockaway Youth Task Force are not able to scale," he said during a segment of the conversation on urban agriculture programs. 

Some of the candidates saw the city's food dilemmas rooted in job scarcity and low wages and frequently discussed the importance of building food policy into the city's economic recovery.

"We solve none of this if we don't recognize that fundamentally what is broken and why 30% of our people were not eating through the month before covid is because the rent was too damn high and people were choosing to pay rent instead of buying groceries," Wiley said, adding, "at the end of the day it is about the city's ability to generate new jobs." Wiley has announced a plan as mayor to create 100,000 jobs through a $10 billion capital investment and cited it as an example of how she would leverage existing city resources to bring her approach to scale.

"Fundamentally, food insecurity is about income and it is about the fact that we do not intentionally ensure that our young people have pathways to careers and are prepared for the careers of the 21st Century," said Garcia.

The conversation of workforce development dovetailed with another on building an urban agrarian economy in New York to create good jobs and ensure both sustainable and equitable food access for city residents.

"We need to also think about aligning not just food policy, but the resilience office that exists right now to work more in tandem with each other because we know that food justice is also climate justice," said Morales, who was the executive director of Phipps Neighborhoods in the South Bronx, a social services provider. As mayor, Morales said she would invest $25 million to food innovation and sustainability programs in communities of color.

Multiple candidates, including Stringer, Donovan, and Adams wanted to see a greater emphasis on local and regional food procurement. "If I'm mayor, I really want to create a Mayor's Office of Food Markets because we've got to link farming with communities and for a farm-to-table policy that brings the purchasing power of this city regionally, upstate, downstate, and create those relationships," Stringer said. "Farmers markets should be everywhere."

Image from: Square Roots

"There is huge potential to grow, so to speak, the power of locally-grown produce," said Donovan, who was the city’s housing commissioner under Mayor Bloomberg before spending all eight years in the Obama presidential cabinet. "We need innovative approaches to ensure we are using every inch of available space that we can." Like other candidates, he expressed support for ideas like more community gardens and vertical agriculture. Donovan also repeatedly stressed the need to support struggling restaurants and incorporate them into the city's food programs as well as its economic recovery.

While supportive of partnerships with upstate and Long Island counties, Garcia took issue with the notion that New York could achieve a sustainable food market locally. "If we want fresh, healthy food day in and day out, we're not harvesting today in this region, we are going to have to bring it in," she said following Donovan's comments. "We need to make sure the systems go beyond just this region so that we can still be getting lettuce even though it's February."

"That should not hold us back from starting to have a robust agrarian economy in New York City," Adams countered, echoing Donovan's statements about the importance of life sciences in city schools and connecting lessons about food production to healthy eating.

When asked directly whether they would use the city's power of eminent domain to force the sale of private land for the city to use, most candidates raised their hands affirmatively. Adams expressed his dissent, noting that the many existing city resources that he said are being wasted or under-utilized should be tapped before forcing land sales. (Others also raised the importance of better using available land, with Stringer naming a report he issued as comptroller on the number of vacant city-owned lots that could be used to develop housing and noting that many lots could also be used for community gardens.)

McGuire, who recently stepped down from one of the biggest jobs on Wall Street to run for mayor, also criticized the mismanagement of city resources and cautioned on the costs to the city that eminent domain could pose. "It gets expensive so you have to figure out when you exercise eminent domain at market rates who is going to pay for it," he said.

Equity was an overriding theme in a number of areas of the food policy discussion, from eradicating food deserts to ensuring healthy options in schools and pantries.

"I think we do have a moral obligation to ensure that every resident of the city has those basic needs of food and housing," said Taylor, who created the nonprofit NYC WMBE Alliance, according to her website. "We have to make sure that when we look at the budget we look things that are 'nice to have' and things that are 'needs to have,' and if it means that we have to reallocate funds from the things that are nice to have to the needs, then that's what I would do."

"We need to stop leaving communities out of the co-creation process," said Morales, who stressed participation of food advocacy groups.

Wiley and Taylor also discussed the need for community participation in the form of locally-based food councils to inform nutrition, per Wiley, and more active mayoral outposts in each borough, per Taylor. Both also discussed the importance of collecting more targeted data to better determine the outcomes of food programs. Other candidates outlined plans or past work to incorporate cultural sensitivity into food access, including then-Manhattan Borough President Stringer's 2008 "Go Green East Harlem Cookbook" and Garcia's discussion of halal and kosher options in meal services, something others mentioned as well.

The candidates agreed that compounded structural problems of food deserts and the reliance of low-income communities on the city's various food programs exacerbate malnutrition and health outcomes, but not all offered the same solution.

"Today food deserts are such that many of our people don't have access to healthy food. They have access to those institutions that provide food that is pretty low on the nutrition scale," McGuire said. He laid out a more corporate-friendly view of the path forward, that involved rezoning to allow big supermarket chains, hiring gig workers to deliver meals to seniors, and bringing refrigeration resources to bodegas in order to better store fresh produce.

As is often the case, Morales was at the other end of the spectrum, saying she supports community land trusts to create both better access to fresh produce and greater "food sovereignty" in poor communities. Sutton said the solution was to leverage public-private partnerships.

"It's one thing to talk about all these ideas, but in the same breath to disdain, disparage and disrespect the top 1 percent of New Yorkers who bring in nearly 40 percent of our tax base or reject and shun real estate as one example, as a number of my fellow candidate have during this campaign," said Sutton, a former Army psychiatrist who led de Blasio's Department of Veterans' Services. "We are absolutely shutting down those pathways to partnership and prosperity."

UNFI Picks Up Living Greens Farm Products in Midwest Expansion

I|mage from: Living Green Farms

Living Greens Farm (LGF), the largest vertical, indoor aeroponic farm in the US that provides year-round fresh salads, salad kits, microgreens and herbs, announced the addition of significant new retail distribution of its products in the upper Midwest to independent, specialty, and co-op retailers.

Starting February 2021, LGF’s full line of products featuring ready-to-eat bagged salad products (Caesar Salad Kit, Southwest Salad Kit, Harvest Salad Kit, Chopped Romaine, and Chopped Butter Lettuce) will be carried by UNFI Produce Prescott (formerly Alberts Fresh Produce). UNFI Produce Prescott is a division of UNFI, which distributes food products to thousands of stores nationwide. Their focus is on independent, specialty and co-op retailers.

UNFI has eight warehouses nationwide. LGF’s products will be carried by their upper Midwest location, located just across the river from the Twin Cities in Prescott, WI. This distribution center services hundreds of retailers throughout Minnesota, Wisconsin, Illinois, North Dakota, South Dakota, Missouri, Iowa and Nebraska. UNFI is the first national Certified Organic distributor, something they take a lot of pride in. Their produce and floral businesses are rooted in local farms and seasonal import growers.

LGF’s proprietary vertical indoor farming method yields the highest quality and freshest produce available. This is because there are no pesticides or chemicals used in the growing process. And because LGF’s growing, cleaning and bagging process significantly reduces handling and time to the retail shelf, consumers enjoy the freshest product on the market. These benefits continue to attract new users and new retail distribution as UNFI Produce Prescott is the second UNFI location to carry LGF. In December, UNFI’s Hopkins, MN location began offering LGF products.

For more information on why Living Greens Farm products are the cleanest, freshest and healthiest farm salads and greens available, go to www.livinggreensfarm.com.

Pontus Submits Building Permit Application for Surrey Aquaponics Facility

VANCOUVER, BC, Feb. 3, 2021 /CNW/ - Pontus Protein Ltd. ("Pontus" or the "Company"), is pleased to announce it has made significant progress towards the development of its state of the art, integrated aquaponics facility located in Surrey, British Columbia, Canada (the "Facility").

Image from: CNW Group/Pontus Protein Ltd

The Company has submitted a construction application to the City of Surrey for its 20,570 square foot aquaponics facility. The approval process is estimated to be completed within 6 weeks and is expected to be followed by the immediate commencement of construction of the Facility's leasehold improvements. Accordingly, the leasehold improvements are to consist of a complete retrofit of the Facility to establish Pontus' solar-powered, water recycling CEVASTM aquaponic system.

The installation of all required equipment for the growth and production is forecasted to take between four and six months to complete. Upon completion, the Facility will be approximately 20 times the size of Pontus' prior prototype facility. The prototype facility has been used to test and develop the technology for the Company's proprietary growing process.

The Facility, as seen in the image above and video below, will utilize an array of additional technologies to create a clean and sustainable aquaponics ecosystem. Solar energy panels will be installed to capture renewable energy and power the closed-loop water system, which recycles up to 95% of all water inputs. The implementation of the Facility's unique, sustainable technology in conjunction with Pontus' proprietary CEVAS™ automated growth technology will allow the Company to emphasize biosecurity in its agricultural production processes, removing the need for additional chemicals, pesticides, and other non-native components.

Pontus CEO, Conner Yuen states: "Entering the construction application process is a major milestone for the Company as we move toward the commissioning of the Facility. Our aim is to create a state of the art process that will incorporate the latest in sustainable agriculture technology. The ability to implement this highly efficient technology solves many issues we see with current methods of food production such as land scarcity and low yields and contamination.

Pontus' biosecurity and renewable food sources are intended to create a proactive solution to these issues by reducing the potential for contamination and the need for pesticides. Pontus hopes the Facility will revolutionize how traditional agriculture is conducted and show the power of technological food advancements."

Plant-based Protein Powder Market

The Company's plant-based protein powder is a premium entry into the global protein and supplements market, which is currently valued at USD$15 Billion and is expected to grow to USD$20 Billion by 2025 according to Grand View Research. This growth is expected to be fuelled by many North Americans reducing or eliminating the regular consumption of animal products. The North American plant-based protein market is also anticipated to grow at a compound annual growth rate of 14% from 2019 through 2025.

About Pontus Protein Ltd

Pontus Protein Ltd. makes pure plant-based protein powder sourced from nutritious water lentils, farm-grown in Vancouver, BC, with development plans to expand to Surrey, B.C.. Not only does Pontus Protein Powder exceed certified organic standards, but it's also gluten-free, pure and allergen safe. It's jam-packed full of antioxidants, minerals, vitamins and ALL the essential amino acids.

This is not your average lentil, these are water lentils; a crop that can be harvested every 24 hours in an indoor aquaponic farm that uses 95% less water than traditional agriculture, using Pontus' proprietary Closed Environment Vertical Aquaponics System (or CEVAS™) aquaponic agritech technology. This is wonderful news for a planet populated with us hungry and health-conscious humans.