Verdant Global, Inc. Announces Demonstration Facility For Commercial-scale, Local, Pesticide-free, Indoor Growing

CALGARY, Alberta, Dec. 5, 2017 /PRNewswire-iReach/ -- Verdant Global, Inc ("Verdant"), a technology leader in the rapidly maturing indoor agriculture sector, announced today the construction of a demonstration facility to showcase its patent pending vertical systems to grow strawberries, small bush plants, baby greens and pharmaceutical/nutraceutical crops.

The facility incorporates Verdant's proprietary technologies to demonstrate the industry's most advanced, scalable and profitable indoor growing systems. Located near Calgary, the facility will be used to showcase Verdant's production efficiencies and superior tasting products to prospective clients in the fruit and produce industry. The first harvest will be available in January 2018.

"The market has shown significant interest in our game-changing technologies and vertical growing methods. Verdant blends proprietary technologies with proven horticultural systems and techniques to deliver significantly fresher, locally grown products to consumers," stated Verdant President, Doug James.

"The level of interest we have received regarding the commercial advantages of a Verdant facility has been extremely strong.  In January we will showcase our fully integrated growing systems to clients looking for a year-round and reliable supply of higher quality, pesticide free strawberries and baby greens," according to James.

"Verdant's unique and market changing patents for terraced growing, environmental management and applied automation put us in a position to become the market leader in controlled environment, vertical growing,' according to CMO/SVP Sales Harvey Bondar.  "We anticipate that contracted growing and/or licensing of our systems and technologies will grow exponentially as a result of the Calgary demonstration."

ABOUT VERDANT GLOBAL, INC.                                                                                                     

The Verdant Mission is to put the highest quality produce on consumer plates by utilizing the most advanced, sustainable technologies available.  Verdant Global has developed the world's most integrated, scalable agricultural factory for vertically tiered indoor growing, the AgriFactoryTM.

Verdant AgriFactoryTM uses proprietary, eco­-sustainable, cleantech practices to grow competitively priced and highly profitable fresh fruit and vegetables locally, year ­round, anywhere on the planet.

Centralized control and growing expertise, robotics, automation, LED lighting and a totally self-contained environment ensures reliable, safe production with predictable yields regardless of external weather conditions, ­all without the use of pesticides.  Precision aeroponics and hydroponics, and computerized nutrient injection combine to deliver the highest yields of any growing method. Because a Verdant AgriFactoryTM can be built locally, it eliminates long distance shipping and allows growing to focus on freshness, taste and nutrition. The results are greatly reduced spoilage and shrink, with highly attractive profit margins – all with a measurably sustainable environmental footprint.

Each Verdant AgriFactoryTM will qualify to be a GAP certified grower and will meet or exceed the new, stringent handling safety standards (FSMA).

FORWARD LOOKING STATEMENTS

Statements in this press release that are not descriptions of historical facts are forward-looking statements that are based on management's current expectations and assumptions and are subject to risks and uncertainties. If such risks or uncertainties materialize or such assumptions prove incorrect, our business, operating results, financial condition and stock price could be materially negatively affected. In some cases, forward-looking statements can be identified by terminology including "goal," "focus," "aims," "believes," "can," "challenge," "predictable" "will," or the negative of these terms or other comparable terminology. We operate in a rapidly changing environment and new risks emerge from time to time. As a result, it is not possible for our management to predict all risks, nor can we assess the impact of all factors on our business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements the Company may make.

Media Contact: Harvey Bondar, Verdant Global, Inc., 650-544-6554, hbondar@verdantglobal.com

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SOURCE Verdant Global



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