Press Release
Nature’s Miracle (NASDAQ: NMHI): Innovating Vertical Farming for Sustainable Agriculture
–News Direct–
The industry of vertical farming is currently experiencing an unparalleled upswing, propelled by the mounting call for sustainable farming methods and the imperative to tackle issues related to food security. North America stands at the forefront of this growth, commanding close to 40% of the global market share. With a compound annual growth rate of 25.5% forecasted for the rest of the decade, the vertical farming market in North America presents significant opportunities for companies to thrive and innovate within this rapidly expanding sector.
One company well-positioned to seize the opportunities presented by this surge is Nature's Miracle (NASDAQ: NMHI). With its focus on vertical farming technology and infrastructure, Nature's Miracle is actively involved in shaping the trajectory of this rapidly growing industry.
Market Debut
On March 11, 2024, Nature's Miracle (NASDAQ: NMHI) completed a significant business combination with Lakeshore Acquisition II Corp., a special purpose acquisition company (SPAC). This merger marked the beginning of a new chapter for Nature's Miracle, with its securities starting to trade under the ticker symbol NMHI on the Nasdaq Global Market the following day. This event was celebrated with a ceremonial closing bell ringing at the Nasdaq Stock Market studio in Times Square, signifying the company's entry into the public market and the commencement of its new corporate identity.
James Li, Chairman and Chief Executive Officer of NMHI, commented on this milestone, stating, The successful closing of our business combination with Lakeshore marks a significant achievement for Natures Miracle. This new beginning on the Nasdaq Global Market under the NMHI ticker symbol is a testament to our commitment to growth and innovation in the vertical farming industry.
Partnerships
Nature's Miracle has distinguished itself through its advanced vertical farming technology. The company offers a variety of products, including grow lights, hydroponic systems, and modular container farms branded as "MiracleTainer." These products are designed to optimize environmental conditions and increase production yields, making them highly appealing to indoor growers across North America.
On March 20, 2024, Nature's Miracle announced a Memorandum of Understanding (MOU) with Future Tech Inc. (FTC), an Ohio-based financial technology, data systems, and energy integrator company with access to 100 MW of electricity in Ohio. This partnership aims to integrate vertical farming facilities with AI computing data centers. James Li highlighted the significance of this collaboration: A deal with FTC allows our company to partner with AI Computing Data Center providers to co-locate vertical farming facilities in places where there is favorable electricity supply. We should also be able to tap into the indoor growing markets in Ohio, Illinois, and Michigan.
Nature's Miracle's Venture into Bitcoin Mining
NMHI announced its participation in the bitcoin industry's annual BITMAIN World Digital Mining Summit (WDMS) 2024, scheduled for June 1618, 2024, at the Fontainebleau Las Vegas. James Li, Chairman and Chief Executive Officer of Nature's Miracle, will be a keynote speaker at the WDMS on June 18, 2024, exploring the topic of "Co-location bitcoin mining with vertical farming: capturing the residual heat and carbon emission". In running parallel vertical farms and digital mining operations, Nature's Miracle aims to benefit significantly from the excess heat and CO2 emissions generated by these digital mining and data centers.
Efinity Brand Smart Dehumidifier
Nature's Miracle Holdings Inc. (NASDAQ: NMHI) continues to innovate in the vertical farming industry. One notable development is the recent announcement of its Efinity brand smart dehumidifier. This product further solidifies Nature's Miracle's position as a leader in providing advanced technology and solutions for indoor agriculture This product marks Nature's Miracle as one of only three companies in the U.S. to offer a dehumidifier specifically designed for the indoor growing market.
The efinity dehumidifier is available in two models: the 345-pint-per-day SJD-07EG and the 506-pint-per-day SJD-10EG. Both models adhere to the stringent R-32 environmentally friendly standards, which reduce the use of hydrofluorocarbons (HFCs) and lower the global warming potential (GWP). These features make the efinity dehumidifier a critical addition to Nature's Miracle's product lineup, complementing its existing efinity LED lighting business and creating cross-sell opportunities.
James Li emphasized the importance of the efinity dehumidifier in enhancing the company's revenue and market position: The addition of the efinity dehumidifier will enhance both our topline growth and margin expansion. In addition, Natures Miracle can offer a full range of indoor growing products, including the industry-leading efinity grow light, MiracleTainer container farm system, efinity dehumidifier, and growing mediums including Dutch coco and Dutch wool. With indoor farming continuing on its upward trajectory, Natures Miracle will continue to enhance its position as a one-stop shopping provider of technology, products, and solutions for the industry.
The global dehumidifier market is expected to grow at a compound annual growth rate (CAGR) of 6.8% from 2023 to 2030, presenting a substantial opportunity for NMHI to capitalize on its new product offering. The company anticipates that the efinity dehumidifier will generate over $20 million in annual revenue, tapping into the $500 million industrial dehumidifier market in the U.S.
Future Prospects
NMHIs strategic approach and innovative technology position it well for continued growth. The companys portfolio, which includes grow lights, hydroponic systems, and modular container farms, is designed to meet the diverse needs of the indoor growing industry. The company's recent MOU with Future Tech Inc. and the launch of the efinity dehumidifier underscore its commitment to expanding its market presence and product offerings.
Furthermore, NMHI has been proactive in exploring new opportunities and partnerships. On April 25, 2024, the company announced the successful manufacturing and shipment of its first two customized container farms in its proprietary "MiracleTainer" series to Growterra, LLC, an Ohio-based vertical farming company. These modular indoor farming containers are equipped to monitor and optimize environmental conditions such as temperature, humidity, and nutrient levels to increase production yields over traditional farming methods.
Nature's Miracle Holding Inc. (NASDAQ: NMHI) has shown remarkable growth and innovation in the vertical farming industry. From its business combination with Lakeshore Acquisition II Corp. to the launch of its efinity brand smart dehumidifier, the company continues to lead the way in providing advanced technology and solutions for indoor agriculture. With a strong management team and a robust product portfolio, Nature's Miracle is well-positioned to enhance its market share and drive the future of indoor farming.
Disclaimers: RazorPitch Inc. "RazorPitch" is not operated by a licensed broker, a dealer, or a registered investment adviser. This content is for informational purposes only and is not intended to be investment advice. The Private Securities Litigation Reform Act of 1995 provides investors a safe harbor in regard to forward-looking statements. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions, or future events or performance are not statements of historical fact may be forward looking statements. Forward looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements in this action may be identified through use of words such as projects, foresee, expects, will, anticipates, estimates, believes, understands, or that by statements indicating certain actions & quote; may, could, or might occur. Understand there is no guarantee past performance will be indicative of future results. Investing in micro-cap and growth securities is highly speculative and carries an extremely high degree of risk. It is possible that an investors investment may be lost or impaired due to the speculative nature of the companies profiled. RazorPitch has been retained and compensated by Awareness Consulting to assist in the production and distribution of content related to NMHI. RazorPitch is responsible for the production and distribution of this content. It should be expressly understood that under no circumstances does any information published herein represent a recommendation to buy or sell a security. This content is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice. Nothing contained in this article constitutes a solicitation, recommendation, endorsement, or offer by RazorPitch or any third party service provider to buy or sell any securities or other financial instruments. All content in this article is information of a general nature and does not address the circumstances of any particular individual or entity. Nothing in this article constitutes professional and/or financial advice, nor does any information in the article constitute a comprehensive or complete statement of the matters discussed or the law relating thereto. RazorPitch is not a fiduciary by virtue of any persons use of or access to this content.
Contact Details
Mark McKelvie
+1 585-301-7700
Company Website
View source version on newsdirect.com: https://newsdirect.com/news/natures-miracle-nasdaq-nmhi-innovating-vertical-farming-for-sustainable-agriculture-635257981
RazorPitch NMHI
COMTEX_453157037/2655/2024-05-31T06:00:16
About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Press Release
Structural Repetition: West Red Lake Gold’s New Ore Shoot is Similar to the High-Grade 8-Zone
West Red Lake Gold Mines is currently working towards a restart at the Madsen Gold Mine in the Red Lake Gold District of Northwest Ontario, Canada. A Pre-Feasibility Study (PFS) for the Madsen Mine is targeted for release in early 2025. The WRLG management team projects a mine-restart date in 2025.
Vancouver, BC, Canada, 27th Nov 2024 – Sponsored content disseminated on behalf of West Red Lake Gold. On November 21, 2024 West Red Lake Gold Mines (TSXV: WRLG) (OTCQB: WRLGF) reported additional drill results that define a new ore shoot at the Upper 8 Target following up on the October 2, 2024 intercepts of 44.17 g/t Au over 1.3 meters and 20.63 g/t Au over 0.5 meters.
West Red Lake Gold Mines is currently working towards a restart at the Madsen Gold Mine in the Red Lake Gold District of Northwest Ontario, Canada. A Pre-Feasibility Study (PFS) for the Madsen Mine is targeted for release in early 2025. The WRLG management team projects a mine-restart date in 2025.
“Our main objective this year with the surface drill program was to make new discoveries,” Will Robinson, VP of Exploration told Guy Bennett, CEO of Global Stocks News (GSN). “We have been focusing on drill targets generated from our conceptual modeling that possess the geologic potential to produce high grades.”
“The initial results we received from Upper 8 were very encouraging and motivated our team to add a second drill to focus solely on this new high-grade area,” stated Shane Williams, WRLG President and CEO in the November 21, 2024 press release.
“Upper 8 was already a shallow geologic analog to the deeper 8 Zone, but with the exceptional grades and visible gold showings we’re now encountering, this target is becoming truly reminiscent of the high-grade gold mineralization Red Lake is known for,” continued Williams.
“It’s still early days, but we believe the Upper 8 target has the potential to become the next new significant discovery in the Red Lake gold camp and supports the likelihood for the presence of more high-grade deposits like 8-Zone yet to be discovered across the Madsen property.”
“If you compare 8-Zone with Upper 8, you’ll see the structural repetition in the way the mineralisation is oriented in these two shoots,” confirmed Robinson. “Our theory is that we may have one or two more of these zones stacked between Upper 8 and the deeper 8-Zone. Next year, we’ll get back in there with the drill, to test that theory.”
The Upper 8 target is hosted within the same lithologic unit (Russet Lake Ultramafic) approximately 750m up-plunge from the main 8-Zone deposit.
Its location in ultramafic rocks, its style of mineralization, and its exceptionally high grades make the 8 Zone geologically unique from the main Madsen deposit.
The 8 Zone currently contains an Indicated mineral resource of 87,700 ounces @ 18 grams/tonne gold, with an additional Inferred resource of 18,200 oz @ 14.6 grams/tonne gold.
“The size of the Upper 8 shoot that we’ve defined is similar in size and scale to the deeper high-grade 8 Zone,” Robinson told GSN. “The new shoot is 30 meters wide and 130 meters along plunge. We’ve only got 15 or 16 holes in the Upper 8. We are in an early stage of drilling on this target, but I’m encouraged by what we’re seeing. The geology is holding together.”
“The Pre-Feasibility Study (PFS) for the Madsen Mine is nearing completion,” stated WRLG in the November 21, 2024 press release. “The final phase of this study involves optimizing underground development and infrastructure sequencing and refining the associated operating and capital costs. West Red Lake Gold is working with SRK Consulting on these optimization opportunities, a process that is expected to take an additional few weeks to complete. As such the PFS is now targeted for release early in 2025”.
The WRLG Pre Feasibility study will be based on:
1. Real Costing: Operating underground at the Madsen Mine for the last year means West Red Lake Gold understands the real costs for blasting, mucking, and haulage of mined material.
2. Final Engineering: The Madsen Mine is essentially built. With the mine having operated as recently as 2022 and with West Red Lake Gold having studied and remedied many of the issues from that period over the last 18 months, there are very few unresolved engineering questions at Madsen.
3. Detailed Mine Plan: West Red Lake Gold has built a detailed mine design for the first 18 months of operation and intends to have 24 months of definition drilled in-situ mineral inventory defined prior to restart, which is targeted for mid-2025. This level of operational readiness far exceeds what is typical at the PFS stage in most development scenarios.
“Today, a tight labour market has made filling mining jobs harder than ever,” reports the Canadian Mining Journal. “Headhunting has become widespread, negotiations have gotten more complex, and as the industry is experiencing a wave of retirements.”
“Training is extremely important,” Robinson told GSN, acknowledging the challenge. “So are working conditions. We have a beautiful new camp at the mine site. Every room has its own restroom. That’s a perk usually reserved for top brass. A lot of the workforce live locally in Red Lake. But we have diesel mechanics, welders and pipe fitters flying in from other areas. In this tight labour market, the quality of the camp is an important part of worker retention.”
West Red Lake has partnered with Horizon North to provide the 114-person accommodations and mine dry facilities for the Madsen mine site.
Typical Horizon North Facility Built for Canadian Mining Camps
The Madsen Mine deposit presently hosts an NI 43-101 Indicated resource of 1.65 million ounces of gold grading 7.4 g/t gold and an Inferred resource of 0.37 Moz of gold grading 6.3 g/t gold. [1.] [2.] [3.]
The technical information presented in this news release has been reviewed and approved by Will Robinson, P.Geo., Vice President of Exploration for West Red Lake Gold and the Qualified Person for exploration at the West Red Lake Project, as defined by NI 43-101 “Standards of Disclosure for Mineral Projects”.
Contact: guy.bennett@globalstocksnews.com
Disclaimer: West Red Lake Gold paid Global Stocks News (GSN) $1,500 for the research, writing and dissemination of this content.
Full Disclaimer: GSN researches and fact-checks diligently, but we cannot ensure our publications are free from error. Investing in publicly traded stocks is speculative and carries a high degree of risk. GSN publications may contain forward-looking statements such as “project,” “anticipate,” “expect,” which are based on reasonable expectations, but these statements are imperfect predictors of future events. When compensation has been paid to GSN, the amount and nature of the compensation will be disclosed clearly.
References:
- SRK Consulting. (2021). Independent NI 43-101 Technical Report and Updated Mineral Resource Estimate for the PureGold Mine, Canada (West Red Lake Gold Mines, Ed.) [Review of Independent NI 43-101 Technical Report and Updated Mineral Resource Estimate for the PureGold Mine, Canada.
- Mineral resources are estimated at a cut-off grade of 3.38 g/t Au and a gold price of US1,800/oz. Please refer to the technical report entitled “Independent NI 43-101 Technical Report and Updated Mineral Resource Estimate for the PureGold Mine, Canada”, prepared by SRK Consulting (Canada) Inc., and dated June 16, 2023, and amended April 24, 2024. A full copy of the SRK report is available on the Company’s website and on SEDAR+ at www.sedarplus.ca
- Mineral resources that are not mineral reserves do not have demonstrated economic viability. Please refer to the technical report entitled “Independent NI 43-101 Technical Report and Updated Mineral Resource Estimate for the PureGold Mine, Canada”, prepared by SRK Consulting (Canada) Inc., and dated June 16, 2023, and amended April 24, 2024. The Madsen Resource Estimate has an effective date of December 31, 2021 and excludes depletion of mining activity during the period from January 1, 2022 to the mine closure on October 24, 2022 as it has been deemed immaterial and not relevant for the purpose of the updated report. A full copy of the SRK report is available on the Company’s website and on SEDAR+ at www.sedarplus.ca
Media Contact
Organization: Global Stocks News
Contact Person: guy.bennett@globalstocksnews.com
Website: https://www.globalstocksnews.com
Email: Send Email
Country: Canada
Release Id: 27112420435
The post Structural Repetition: West Red Lake Gold’s New Ore Shoot is Similar to the High-Grade 8-Zone appeared on King Newswire. It is provided by a third-party content provider. King Newswire makes no warranties or representations in connection with it.
About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Press Release
GFH Launches OUTLIVE in City Scape: An innovative Real Estate Venture rooted in Health & Well-being
Manama, Bahrain, 27th Nov 2024- GFH Financial Group (“GFH”) today announced the launch of OUTLIVE in Cityscape, an innovative real estate developer and creator of master planned communities and mixed-use projects with a focus on health and well-being, which will operate across the MENA region and Europe.
OUTLIVE leverages the combined expertise and capabilities of the GFH Group and its management team with proven expertise in development, design and conceptualization of living communities. OUTLIVE will operate in Europe and the Mena region with a particular focus on the growing and attractive Saudi as well as the UAE markets where there is strong demand for such focus and need for communities that deliver well-being attributes in addition to physical appeal.
The venture addresses six key wellness dimensions: Social connection, Environmental stewardship, Physical health, Emotional awareness, Mental engagement, and Spiritual wellness, all working together to create a holistic approach to human wellbeing.
Commenting, Mr. Hisham Al-Rayes, Chairman of OUTLIVE and GFH Group CEO remarked, “OUTLIVE represents our initiative to create differentiated communities where wellness and sustainability go hand in hand. This venture reflects our commitment to our region by creating unique and differentiated real estate offering.”
Adding, Mr. Walid El Hindi, Board Member and Managing Director of OUTLIVE, said, “This is not just a real estate company – it’s an opportunity to create people-centric communities, fostering connections, and a profound sense of belonging. While sustainability in real estate centers on creating buildings that care for the planet, wellness real estate focuses on crafting places that care for the people.”
In line with its mission, OUTLIVE is also bringing senior living to the region by developing supportive environments specifically designed for older adults. These premium communities will provide personalized services and foster social connections, promoting a dignified and fulfilling lifestyle catering to seniors.
As OUTLIVE prepares to unveil its ambitious projects, it aims to raise the bar for transformative developments across the MENA region and Europe.
Media Contact
Organization: Media Scene PR and Translation
Contact Person: Husain Naser
Website: https://mediascenebh.com/
Email: Send Email
State: Manama
Country: Bahrain
Release Id: 27112420464
The post GFH Launches OUTLIVE in City Scape: An innovative Real Estate Venture rooted in Health & Well-being appeared on King Newswire. It is provided by a third-party content provider. King Newswire makes no warranties or representations in connection with it.
About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
UniJoin has updated its domain zone to ensure uninterrupted access and enhance user anonymity. The platform utilizes advanced CoinJoin technology, offering tools like a Bitcoin Mixer and Bitcoin Tumbler to anonymize cryptocurrency transactions. Key features include a user-friendly interface, Tor Browser integration, zero logs policy, and high-quality transaction mixing. UniJoin remains committed to empowering users with secure and private financial management in the digital economy.
London, United Kingdom, 27th Nov 2024 – UniJoin has taken a significant step to strengthen user privacy by adopting a new domain name, ensuring uninterrupted access to its services despite previous blocks. The platform leverages cutting-edge CoinJoin technology, designed to anonymize and make cryptocurrency transactions untraceable.
Commitment to Financial Privacy
UniJoin’s primary goal is to help users achieve and maintain financial anonymity. Through CoinJoin, the platform pools users’ crypto assets with others, effectively mixing them. Users then receive clean, untraceable coins, safeguarding their privacy and breaking any traceable links to their original assets.
About UniJoin
UniJoin is a leading privacy-focused cryptocurrency service, offering tools for users to manage their digital finances anonymously. While Bitcoin and other cryptocurrencies like Litecoin are inherently pseudonymous, UniJoin bridges the gap to true anonymity by utilizing advanced mixing technology.
UniJoin simplifies financial privacy while empowering users to analyze and manage their blockchain transaction history transparently. By connecting their wallet address, users can privately review activity with a level of control unmatched by traditional financial systems.
Key Features
- User-Friendly Interface: UniJoin offers a seamless and intuitive process to switch to “Anonymous mode,” enabling users to conduct transactions without revealing their identity.
- Tor Browser Compatibility: The platform integrates with the Tor Browser, allowing users to maximize their privacy when accessing UniJoin.
- Zero Logs Policy: UniJoin prioritizes user privacy by ensuring no activity logs are stored, keeping transaction histories secure and confidential.
- Advanced CoinJoin Technology: By employing CoinJoin, UniJoin provides a high-quality mixing method that enhances transaction anonymity and untraceability.
Why Choose UniJoin?
UniJoin stands as a robust solution for cryptocurrency users seeking to anonymize their transactions. By combining simplicity, advanced privacy tools, and a commitment to user confidentiality, the platform offers a reliable and secure environment for safeguarding financial privacy.
With its new domain and privacy-enhancing features, UniJoin continues to lead the way in helping users navigate the digital economy securely and anonymously.
Media Contact
Organization: UniJoin Co.
Contact Person: Sergei Pavlov
Website: https://unijoin.org/
Email: Send Email
City: London
Country: United Kingdom
Release Id: 27112420453
The post UniJoin Updates Domain Zone to Strengthen Anonymity and Enhance Privacy Features appeared on King Newswire. It is provided by a third-party content provider. King Newswire makes no warranties or representations in connection with it.
About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Structural Repetition: West Red Lake Gold’s New Ore Shoot is Similar to the High-Grade 8-Zone
GFH Launches OUTLIVE in City Scape: An innovative Real Estate Venture rooted in Health & Well-being
UniJoin Updates Domain Zone to Strengthen Anonymity and Enhance Privacy Features
Absolutely Princess: A New Children’s Classic by Mayra L Santana Warms Hearts Post Launch
Unusual Machines CEO Discusses Growth and Strategic Plans Post-IPO
Benzinga Money Article Discusses How to Become Part of the 12% of Retirees Who Have Achieved the Recommended $550,000 Minimum Retirement Savings Threshold
-
Press Release5 days ago
A Omega Fencing Company Launches New Eco-Friendly Fencing Options for Environmentally Conscious Homeowners
-
Press Release1 week ago
The Strategy for Avoiding Failures for High Performers with Leila Entezam’s ‘SET UP’ Method
-
Press Release6 days ago
Humera Tamboli elevates sustainable fashion with purpose: Embracing Supima cotton and Beechwood to create skin friendly capsule clothing
-
Press Release2 days ago
Saba Launches Saba PURE Colostrum and Biotin Complex™: A New Era in Foundational Wellness
-
Press Release5 days ago
Knowledge Is Power: Minority Class Registers With State
-
Press Release1 week ago
Aven Osborne Launches New Personal Website to Inspire and Connect Through Athletics, Academics, and Service
-
Press Release1 day ago
EnviFX.com Unveils an Innovative Trading Platform to Empower Investors with Advanced Tools
-
Press Release5 days ago
Shop Better, Save Big: BetterFinds.com.au Unveils Black Friday Deals