Plenty Emerges from Chapter 11 with Renewed Focus on Vertical Strawberry Farming
Plenty Unlimited Inc. has successfully emerged from Chapter 11 bankruptcy following court approval of its reorganization plan.
Freight Farms Ceases Operations As Of April 30th
- by Sepehr Achard
- 1st May 2025
Freight Farms ceased operations on April 30, 2025, discontinuing services and support after 13 years in container-based vertical farming.
Benson Hill Granted Court Approval to Continue Operations
- by Sepehr Achard
- 26th March 2025
Benson Hill received first-day motion approvals from the U.S. Bankruptcy Court following its Chapter 11 filing on March 20, 2025.
FarmWise Announces Business Restructuring and Plans to Wind Down Operations
- by Sepehr Achard
- 18th March 2025
FarmWise is initiating a business restructuring and will begin winding down operations in the coming weeks.
Jungle Corp Faces Compulsory Winding Up
- by Sepehr Achard
- 21st October 2024
Jungle, a leader in vertical farming, has been placed under compulsory winding up by the Court of Soissons in 2024.
Is Infarm Set for a Comeback?
- by Sepehr Achard
- 14th August 2024
Greenfield Auctions, an online auction house based in Hamburg specializing in industrial plant and technical equipment, has announced an upcoming auction featuring Infarm GmbH's growing systems.
Lakeside Produce Bankruptcy Updates
- by Sepehr Achard
- 26th January 2024
On January 26, 2023, Lakeside Produce Inc., a greenhouse grower based in Leamington, Ontario, filed for bankruptcy, owing $188M.