Innovative Business Solutions to Global Problems: Vertical Farming
With the global population projected to reach around nine billion people by 2050, some companies have made a conscious decision to do their part in easing the strain on resources. Living Greens Farm, based in Faribault, Minnesota, is one of those companies.
Living Greens is an indoor farm covering 60,000 square feet that can grow vegetables on a scale similar to that of a conventional farm, but without the hundreds of acres. With a recent expansion in February, Living Greens can now operate on a commercial-scale and plans to release new products, such as chopped and bagged salads.
Living Greens uses aeroponics—a method where plants are grown outside of soil and have exposed roots, so nutrients can be directly applied to them. In essence, this means that Living Greens can grow its produce year-round, even in Minnesota, where this past February was the snowiest month on record.
Dana Anderson, CEO of Living Greens, decided to start the company when he saw gaps and deficits in the technology that had previously been developed for vertical farming. Now, Living Greens has been issued four patents on its irrigation, lighting, and airflow technology, with others pending.
While Living Greens continuously eyes expansion opportunities, it is also working on licensing its technology so that it can expand on a global scale, bringing its fresh, locally grown produce to places around the world.
With a history of helping clients turn their business venture dreams into reality, Wilkerson & Hegna, PLLP brings the right experience to the table. Whether those dreams entail new sustainable farming techniques or other innovative business aspirations, Wilkerson & Hegna will provide guidance every step of the way, from business formation, expansion, and beyond.