Indoor Farming Leaders Unite to Build a National Powerhouse
6 Articles
6 Articles
"This merger unites two top operators that have the scale, economics, and teams to deliver results"
80 Acres Farms® and Soli Organic® have announced a strategic merger to form what they describe as 'one of the world's largest and most advanced indoor farming networks.' The newly formed company, with projected first-year revenues approaching $200 million, will operate under the 80 Acres Farms name and…
Indoor ag heavyweights 80 Acres Farms and Soli Organic to merge: 'I hope this is the start of a new era'
Two of indoor agriculture’s leading players, vertical farming company 80 Acres Farms and indoor grower Soli Organic, plan to merge to form “one of the world’s largest and most advanced indoor farming networks,” the companies said this week. The merger is first and foremost about offering “superior product at scale,” 80 Acres cofounder and CEO Mike Zelkind tells AgFunderNews. “The biggest problem I’ve had with CEA [controlled environment agricult…
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