Vertical Farms are FAILING – this is why its a GOOD thing!

In this video you will learn what happened to the vertical farming market and why the recent vertical farming failures are actually a GREAT thing for the indoor farming market moving forward!

The last 36 months has seen a huge change in the vertical farming industry with countless vertical farming startups declaring for both chapter 11 and 7 bankruptcies. In addition, a number of heavily financed vertical farming startups have been forced to scale back their operations and fire huge portions of the staff. Why is this and why are these recent vertical farming failures actually a good thing?

Why are vertical farming bankruptcies a good thing?
0:00 Vertical farms are going bankrupt
1:05 Why are vertical farms failing?
1:37 Why is it good that vertical farms are failing?
2:47 Better hiring opportunities for vertical farming companies
4:24 Learning how not to fail a vertical farm
5:31 Buying intellectual properties from other vertical farms
8:12 Stealing customers from your competitors

//CONTACT:

#hydroponics #verticalfarming #arcticfarming

[greendsnow]

Vertical farming is great for places like Siberia and Iceland, where energy is cheap and farming land is sparse

[Wanhope]

Unfortunately most of the benefits that will be seen from these bankruptcies is the agri giants continued consolidation of the industry(as they did with indoor growing and hydroponics before this)

[MostlyLoveOfMusic]

would you be interested in doing some videos related to the future of commercial lab-grown (cultured) meat? this seems like the best solution to replace all the negative consequences of animal agriculture

[DeathsGarden-ozgg]

If they simply make long thin tall buildings where 70% or more of there light comes from sunlight.

[zakkyasyqolani]

Have my fair share of tasting these Hydroponics, microgreens, and Artificial light farming. For those who aren't used to eating lots of spices in their meal and bring forth life for the whole palate of your taste bud, they are okay, at best. But for me, as an Indonesian, who eats spices in every meal...ho boy. Not to disrespect, but the veggies grown that way taste like, water, fiber, and expired pills.

[royalecrafts]

only limitation are big fruit trees, you can grow almost everything with hydroponics, not neccessarily vertical

[facebright]

from your video, it seems the vertical farming is just for growing salads, which are super light in weight and therefore limited price for one serve. I think the product that a vertical farm decided to grow is very critical. Drones with simple spectrum analysis and gripper are already applied in apple harvesting with trees designed to be vertically grown. I dont know whether that can be called vertical farm.

[karlheifisch]

The last time he did this kind of video AppHarvest filed for bankruptcy a couple of days later - let's hope that Local Bounti will survive :D

[phatmeow]

Singapore's vertical farming has also failed (update)

[newtonchan-ir]

Is there a place where you can get authentic data on the output per square metre of these various farms ?

[Marilou-gt]

Check out REGENERATIVE AG. Folks like Gabe Brown in Dirt to Soil