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posted by janrinok on Friday August 07 2015, @03:49PM   Printer-friendly
from the going-up dept.

Vertical farms have appeared in the news as concepts over the last couple years. Now, one is to be built:

AeroFarms, an urban agricultural company, has big plans to turn a defunct steel mill into a 70,000 square foot vertical farm in Newark, New Jersey. The facility is projected to cost $39 million USD and will provide greens and other produce to local New York and New Jersey communities. According to the builders, it will be the largest indoor vertical farm in the world.

Vertical farms, like other types of urban farming, aim to provide fresh produce to city dwellers. They cut down on the energy demands of shipping food from the countryside to city markets, while at the same time offering an alternative to clearing ever more wilderness in the name of growing food. Vertical farms also have the potential to produce food year-round and can be more efficient in their use of water and fertilizer.

It will be interesting to see how they manage electricity costs. Can any Soylentils who've worked with hydroponics share their experiences?


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  • (Score: 1, Offtopic) by tibman on Friday August 07 2015, @06:34PM

    by tibman (134) Subscriber Badge on Friday August 07 2015, @06:34PM (#219655)

    You might really like this article: http://www.nytimes.com/2015/02/08/business/marijuana-industry-in-colorado-eager-for-its-own-bank-waits-on-the-fed.html?_r=0 [nytimes.com]
    Not sure if there is any update to it but it would allow marijuana companies to have a legit bank. It really is an awesome story they are working on.

    Dylan Donaldson, 30, knows the hidden costs of a bank-challenged business. He has nine 1,000-pound safes bolted to the floor in the back of Karing Kind, his dispensary North Boulder. At any given time, they hold $80,000 to $100,000 in cash.

    The safes didn’t help, though, when thieves busted through the wall of an adjoining business one June night and took $250,000 in marijuana plants.

    Now he pays $100,000 a year for armed guards provided by Iron Protection Group, a business owned and operated by vets from Iraq and Afghanistan, who watch the place at night. They also deliver money to the tax office and vendors, from makers of THC concentrate to suppliers of computer paper. At present, the business has no bank account, having lost more than a dozen, Mr. Donaldson said.

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