- Steve Maxwell
The Truth About Vertical Farms
Steve Maxwell - Vancouver B,C
Despite Canada having plenty of landmass, only 7% of the land can be used for agricultural purposes. The global demand for food is expected to increase by 60% in the next 30 years, and in the next three decades, the population is expected to increase by 2 billion. Therefore, the world’s food supply needs to increase.
Agricultural businesses in Canada are working towards innovative ways to increase the yield of their farms, and vertical farming has proven to be promising. Vertical farming, also known as indoor farming, has become an important source of locally grown fruits, herbs, vegetables, microgreens, etc.
Here’s everything to know about vertical farming:
How does vertical farming work?
The primary goal of this innovative farming technique is to increase the production of food per square meter. To achieve this, crops are cultivated vertically in stacked layers in a tower-like structure. To provide the ideal environment for crops to flourish, artificial lights and temperature control are used. Indoor farming also features rotating beds to ensure that all crops receive an adequate amount of light.
Instead of soil, aeroponic, hydroponic, or aquaponics methods are used to grow crops. Peat moss and coconut husks are examples of non-soil mediums widely used in vertical farming. One of the other benefits of vertical farming is that it uses 95% less water too, reducing costs and being environmentally friendly.
Advantages of vertical farming:
It’s an effective way to deal with the increasing global demand for food
Crops can grow all year round
Uses significantly less water
Farmers don’t have to worry about bad weather or weather fluctuations
Organic crops can be grown efficiently
Less exposure to chemicals
Fewer chances of pests and disease
Disadvantages of vertical farming:
Initial cost of developing a vertical farm is high
Stable power connection is essential, or else it will lead to significant losses
Steve Maxwell from Vancouver, BC, founder of Maxwell Capital, is a firm believer in the power of Agricultural technology and its capacity to transform agriculture in Canada. Agritech initiatives can protect and serve social and environmental causes,which is why Maxwell Capital provides agritech businesses with the investment required to achieve their goals. Steve Maxwell has over 20 years of combined experience and is driving more funds into the industry. Get in touch with his representatives at (780) 851-1709 for more information about venture capital opportunities provided by the company.