Controlled Environment Agriculture Reports

Indoor Vertical Farming Report: Interest Rate Hikes’ Felt Across

Indoor Vertical Farms To Have a Bearish 2023. Indoor Farming; Vertical Farming; AgTech; AgriTech; Agriculture

The indoor vertical farming industry navigates a complex and challenging landscape marked by bankruptcies, restructuring, and financial struggles. Companies like Square Roots are grappling with layoffs and operational changes, while others like AppHarvest are seeking legal refuge through Chapter 11 bankruptcy protection to reorganize and regain profitability.

Amidst these challenges, the industry is also feeling the impact of recent changes in interest rates, which have escalated the cost of debt and squeezed profit margins. However, it’s not all bleak; there are still flourishing projects, mergers, acquisitions, and funding rounds reflecting the sector’s resilience and innovation.

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