Let's Talk Indoor Farming Session 3 with Nate Storey

Indoor farming facilities are rising to meet growing consumer demand for fresh, local produce. Powered by next-generation LED lighting, these facilities are projected to achieve an 8% to 12% Internal Rate of Return. Interested entrepreneurs and investors are invited to attend a live conversation hosted by Dr. Nate Storey, CEO of Bright Agrotech.

Like most business opportunities, the catch is in the details. How do you finance a facility when your banker has never heard of hydroponics? How do you write a business plan in a market with no previous experience?

Dr. Storey earned his PhD in agronomy, and has been working in controlled environment agriculture for a number of years. He works frequently with first time growers, and has pioneered the industry's leading educational resources.

Storey has recently developed a new line of vertical, watercooled LED lights designed to be used in vertical plane production.

The session will discuss how lighting costs, labor, and packaging contribute to monthly variable expenses, and how these figure into a pro forma revenue projection.

Tune in today, Thursday June 16, at 12pm (MST) to gain key insights into the costs of operating an indoor crop production facility, with a focus on the "big 3" operating expenses: labor, lighting and energy costs, and packaging/distribution.

Event details and live stream links can be found here.