Freight Farms Customers Find a New Home as Vertical Farming Company Growcer Acquires the Former’s Assets

Last week, Ottawa, Canada–based vertical farming company Growcer announced it had won the bid to acquire the assets of Freight Farms, a US–based company offering a similar type of container-based vertical farm.

Freight Farms ceased operations on April 30 after a period of financial strain that included layoffs and a scrapped merger.

Support and service for existing Freight Farms customers also ended at that time, which the team at Growcer immediately took note of.

“These people have made really large investments into controlled environment agriculture, and they were looking for someone to carry the torch, to offer support, software, parts, and all the things that they need to continue their operations,” Growcer cofounder and CEO Corey Ellis tells AgFunderNews.