Controlled-environment agriculture

Government of Canada announces support for innovative solutions to address labour challenges in the agriculture and agri-food sector

Retrieved on: 
Friday, April 5, 2024
Automation, ICS, Parliament, Addiction, Mental health, Farmer, Growth, Learning, Social change, Food safety, The Honourable, Controlled-environment agriculture, Human, Plant, Robotics, ISC, Invention, Safety, Food, CEA, SME, Government, Movement

These companies have developed ideas to address challenges such as work productivity, labour shortages, and operational efficiency.

Key Points: 
  • These companies have developed ideas to address challenges such as work productivity, labour shortages, and operational efficiency.
  • -       The Honourable Lawrence MacAulay, Minister of Agriculture and Agri-Food
    "Through the Innovative Solutions Canada program, our government empowers SMEs to drive innovation and solve challenges.
  • Our government supports these efforts through Innovative Solutions Canada, assisting small and medium-sized Canadian businesses in developing new inventions that are crucial for the sector.
  • We are grateful to the Innovative Solutions Canada Program and Agriculture and Agri-Food Canada for their support to develop a market ready solution which we can pioneer in Canada."

NM Holding, Nature’s Miracle and Lakeshore Acquisition II Corp. Announce Closing of Business Combination

Retrieved on: 
Monday, March 11, 2024
Acquisition, Controlled-environment agriculture, CEA, Upland, California, LLP, LBBB

Upland, CA, March 11, 2024 (GLOBE NEWSWIRE) -- Nature’s Miracle Holding Inc. (“the Company”), Nature’s Miracle, Inc. (“Nature’s Miracle”), a growing Controlled Environment Agriculture (CEA) technology company, and Lakeshore Acquisition II Corp., a special purpose acquisition company (Nasdaq: LBBB) (“Lakeshore”), announced today the closing of their previously announced business combination (the “Transaction”).

Key Points: 
  • Upland, CA, March 11, 2024 (GLOBE NEWSWIRE) -- Nature’s Miracle Holding Inc. (“the Company”), Nature’s Miracle, Inc. (“Nature’s Miracle”), a growing Controlled Environment Agriculture (CEA) technology company, and Lakeshore Acquisition II Corp., a special purpose acquisition company (Nasdaq: LBBB) (“Lakeshore”), announced today the closing of their previously announced business combination (the “Transaction”).
  • The Company will be led by Tie (James) Li, the Chairman of the Board and Chief Executive Officer, along with George Yutuc as the Chief Financial Officer.
  • Maxim Group LLC acted as the exclusive financial advisor to Lakeshore in connection with the Transaction.
  • Sichenzia Ross Ference Carmel LLP acted as legal counsel to Nature’s Miracle.

Edible Garden Provides Update on Sustainability Initiatives Including Walmart’s Project Gigaton

Retrieved on: 
Wednesday, January 31, 2024
Partnership, USDA, Research, Sustainability, Project, Environment, CEA, Automation, CO2, Gigaton, Listeria, Food safety, Food industry, Edible, Controlled-environment agriculture, EPA, University, Renewable energy

BELVIDERE, NJ, Jan. 31, 2024 (GLOBE NEWSWIRE) -- Edible Garden AG Incorporated (“Edible Garden” or the “Company”) (Nasdaq: EDBL, EDBLW), a leader in controlled environment agriculture (CEA), locally grown, organic, and sustainable produce and products, today provided an update on its sustainability initiatives, including the Company’s participation in Walmart’s Project Gigaton - an initiative to remove 1 billion metric tons (gigatons) of emissions in the global value chain by 2030.

Key Points: 
  • Edible Garden’s 2023 Project Gigaton impact has included:
    Mr. Jim Kras, Chief Executive Officer of Edible Garden, stated, “It is a privilege for us to continue our involvement in Project Gigaton, an admirable initiative aimed at eliminating 1 billion metric tons of emissions from the global value chain by 2030.
  • In total, Edible Garden’s contribution to Project Gigaton resulted in the avoidance of 115,600 metric tons of CO2 emissions in 2023.
  • Our participation in Walmart’s Project Gigaton resonates with our sustainability aspirations and is particularly gratifying."
  • The Company is also advancing sustainability initiatives, such as:
    Utilizing patented self-watering displays for Edible Garden products across the distribution network to extend the freshness of potted herbs and reduce waste.

Sativus Tech Appoints Financial Leader as New CFO to Drive Growth and Innovation

Retrieved on: 
Wednesday, January 24, 2024
Accounting, CFO, Controlled-environment agriculture, Initial public offering, CPA, MBA, OTC, B2B, Bar-Ilan University, CEA, Growth, Spice

Ben-Or will be responsible for Sativus Tech’s financial strategies as the company prepares to enter the B2B market.

Key Points: 
  • Ben-Or will be responsible for Sativus Tech’s financial strategies as the company prepares to enter the B2B market.
  • Saffron Tech, Sativus Tech subsidiary, utilizes its advanced R&D cultivation technology within a Controlled Environment Agriculture (CEA) system, ensuring consistent, year-round high-quality saffron production.
  • “Uri is an accomplished CFO and business executive who has successfully led several publicly traded companies towards profitable growth,” said Tal Wilk Glazer, CEO of Sativus Tech.
  • “I look forward to working together with my board colleagues and the entire Saffron Tech team as we confront a competitive marketplace.”

LE Worldwide Limited Engages B2i Digital to Deploy Cutting-Edge Investor Engagement Campaign

Retrieved on: 
Wednesday, December 20, 2023
Controlled-environment agriculture, Acquisition, Digital, LED, CEA, LEW, Horticulture, Telescopic sight

Hong Kong, Hong Kong--(Newsfile Corp. - December 20, 2023) - LE Worldwide Limited ("LEW"), a leading smart horticulture LED lighting provider for Controlled Environment Agriculture (CEA), announced it had engaged B2i Digital to execute an innovative digital investor engagement and awareness program.

Key Points: 
  • Hong Kong, Hong Kong--(Newsfile Corp. - December 20, 2023) - LE Worldwide Limited ("LEW"), a leading smart horticulture LED lighting provider for Controlled Environment Agriculture (CEA), announced it had engaged B2i Digital to execute an innovative digital investor engagement and awareness program.
  • B2i Digital will highlight LEW's anticipated merger with Ace Global Business Acquisition Limited (NASDAQ: ACBA), a publicly traded special purpose acquisition company (SPAC).
  • To view the full announcement, including downloadable images, bios, and more, click here .
  • LEW is developing optimized LED lighting recipes and solutions for indoor farms.

urban-gro, Inc. Reports Third Quarter 2023 Financial Results Demonstrating Sequential Improvement in Revenue, Backlog, and Adjusted EBITDA

Retrieved on: 
Thursday, November 9, 2023
Movement, Controlled-environment agriculture, Consolidated, Loss, Legislation, Pharmaceutical industry, Agriculture, Rare-earth element, Fine chemical, Natural gas, Reinsurance, Adjustment

Our strengthening revenue and Adjusted EBITDA1 performance in the third quarter reflects a solid improvement on both a sequential and year-over-year basis.

Key Points: 
  • Our strengthening revenue and Adjusted EBITDA1 performance in the third quarter reflects a solid improvement on both a sequential and year-over-year basis.
  • Given our strengthening pipeline and backlog, we continue to anticipate sequential quarterly improvement as we work to recapture positive Adjusted EBITDA1 generation.
  • Operating expenses were $6.0 million as compared to $6.8 million in the second quarter, representing a sequential decrease of $0.8 million.
  • Adjusted EBITDA1 improved by $0.7 million on a sequential basis to negative $1.3 million, which is an improvement of $1.0 million compared to the prior year period.

AgriFORCE Regains Compliance with Nasdaq Continuing Listing Requirements

Retrieved on: 
Friday, October 27, 2023
Intellectual property, Interim, Volatile organic compound, Controlled-environment agriculture, CFO, THINK, IP, RCS, Rare-earth element, Pharmaceutical industry

VANCOUVER, British Columbia, Oct. 27, 2023 (GLOBE NEWSWIRE) -- AgriFORCE Growing Systems Ltd. (“the Company”) (NASDAQ: AGRI; AGRIW), an intellectual property (IP) focused AgTech company, today announced that the Company received notice from Nasdaq on October 26, 2023, indicating that it has regained compliance with the minimum bid price requirement under Nasdaq Listing Rule 5550(a)(2).

Key Points: 
  • VANCOUVER, British Columbia, Oct. 27, 2023 (GLOBE NEWSWIRE) -- AgriFORCE Growing Systems Ltd. (“the Company”) (NASDAQ: AGRI; AGRIW), an intellectual property (IP) focused AgTech company, today announced that the Company received notice from Nasdaq on October 26, 2023, indicating that it has regained compliance with the minimum bid price requirement under Nasdaq Listing Rule 5550(a)(2).
  • Richard Wong, Interim CEO and CFO of AgriFORCE, commented, “Maintaining our Nasdaq listing will help enhance our visibility during this exciting period for the Company.
  • We are witnessing growing interest in this proven technology that eliminates pathogens, mold, mildew and VOCs in food production facilities, and indoor farms.
  • Overall, we are positioning ourselves as a leader within the AgTech space, which we believe will generate significant long-term value for shareholders.”

Orbia’s Precision Agriculture Business Netafim Partners with Vermillion Growers to Open a State-of-the-Art Commercial Greenhouse, Providing Fresh Produce and Bridging the Gap in Food Production in Central Canada

Retrieved on: 
Wednesday, October 25, 2023
Women, Men, Alternative Energy, Energy, Family, Food, Beverage, Consumer, Agriculture, Retail, Natural Resources, Horticultural Products (Emergency Customs Duties) Act 1931, Education, Water, Climate, Assiniboine Community College, Multimedia, Netafim, Growth, CEA, Partnership, Business, Controlled-environment agriculture, Strategy, Vermilion, Vegetable, Renewable energy, Orbia

Orbia’s Precision Agriculture business, Netafim, has partnered with Vermillion Growers to build the first ever large-scale vegetable greenhouse in Manitoba, Canada.

Key Points: 
  • Orbia’s Precision Agriculture business, Netafim, has partnered with Vermillion Growers to build the first ever large-scale vegetable greenhouse in Manitoba, Canada.
  • Gakon Netafim, the company’s commercial greenhouse project division, is a world-renowned leader in Controlled Environment Agriculture (CEA).
  • The facility celebrated its grand opening on July 27, 2023, a significant milestone for Orbia, Vermillion Growers, and the local community.
  • View the full release here: https://www.businesswire.com/news/home/20231025647777/en/
    Based in Dauphin, Vermillion Growers will begin growing tomatoes year-round across 10 acres, with plans to expand their production area and grow additional crops.

urban-gro, Inc. Secures Multiple Contracts Totaling Nearly $8 Million in the Cannabis Sector

Retrieved on: 
Monday, October 2, 2023
Architecture, Federation, Growth, Ecosystem, Controlled-environment agriculture, Engineering, Construction, Renewable energy

Collectively, the contracts include design-build, architecture and design, engineering, and equipment integration services for clients in the northeast, southeast, and western United States.

Key Points: 
  • Collectively, the contracts include design-build, architecture and design, engineering, and equipment integration services for clients in the northeast, southeast, and western United States.
  • The Company anticipates that the revenue for these projects will be recognized over the next four quarters.
  • “We are pleased to see activity within the cannabis sector and are encouraged by the anticipated momentum propelled by business-friendly legislation within the Federal government,” commented Bradley Nattrass, Chairman and CEO.
  • Reflecting a positive sector shift, this client is now resuming their project and has engaged urban-gro for the build phase.

Salads Just Got an Upgrade! America’s #1 Snacking Tomato is Now Available in the Food Service Industry

Retrieved on: 
Wednesday, September 27, 2023
Retail, Restaurant, Bar, Food, Beverage, Learning, Employment, CEA, Light, NatureSweet, Fair trade certification, Foodservice, Multimedia, Vegetable, Fruit, Temperature, Humidity, Certification, Salad, Controlled-environment agriculture

NatureSweet® , a leading greenhouse-grower of fruit and vegetables, is now providing the food service industry with several delicious snacking tomato products that will transform meals and take flavor to new heights.

Key Points: 
  • NatureSweet® , a leading greenhouse-grower of fruit and vegetables, is now providing the food service industry with several delicious snacking tomato products that will transform meals and take flavor to new heights.
  • View the full release here: https://www.businesswire.com/news/home/20230927080889/en/
    “Our consumers requested it, so we’re making it a reality,” says Summer Jones, NatureSweet’s Food Service Sales Manager.
  • If you’re interested in learning more about NatureSweet’s Food Service products, contact NatureSweet’s Food Service Sales Manager, Summer Jones at [email protected] .
  • Consistent, superior quality due to regulated conditions of light, temperature, and humidity
    Fair wage employment and benefits that are year-round, not just seasonal