The indoor agriculture industry across North America has gone through significant changes throughout the past year. As the economies open back up, the big question on everyone’s mind is where are we now and where are we going?
A report has been published with the aim to look at where the indoor agriculture industry is today as well as to give growers an industry voice around the latest trends, biggest challenges, and opportunities in this expanding industry. The analysis is based on a survey of 205 enterprise horticulture facilities, as well as supplemental research.
The report also includes a deep dive on key topics such as expenses, sales channels, growth, and projections for the future of the industry. New this year is a supplemental report highlighting answers and trends from cannabis operators.
The ‘Growth’ and ‘2021 and Beyond’ sections of the report are valuable strategic planning resources for many different stakeholders who are active in advancing the indoor agriculture space (e.g., investors, AgTech firms).
One trend has remained constant throughout each State of Indoor Farming report: There is a widespread need for more debt capital to fund this industry’s rapid expansion and an opportunity for differentiation among banks and other lenders who haven’t yet won the hearts of indoor growers. Banks, private equity, venture capital, and private investors may be interested in seeing how indoor operations are expanding and which lenders they’re working with now.
To learn more, get access the report here.