Land Betterment Corporation Engages Urban-Gro, a Leading Controlled Environment Agriculture Architect-Led Design and Integration Firm, for Its First Indoor Vertical Farm

Land Betterment Corporation Engages Urban-Gro, a Leading Controlled Environment Agriculture Architect-Led Design and Integration Firm, for Its First Indoor Vertical Farm

urban-gro (Nasdaq: UGRO) is a full-service and plant-focused architecture, engineering, and cultivation systems integration company focused on driving operational efficiencies and optimization
Betterment Harvest Busy Vertical Farm in former Willard Elementary School
Betterment Harvest Busy Vertical Farm in former Willard Elementary School

Betterment Harvest Busy Vertical Farm in former Willard Elementary School

Betterment Harvest Busy Vertical Farm in former Willard Elementary School

Summary

Betterment Harvest’s Busy Vertical Farm will be a first of a kind propagation hub centered in the Appalachia region

Thursday, December 16, 2021 - 8:30am

CAMPAIGN: Betterment Harvests

CONTENT: Press Release

FISHERS, Ind., December 16, 2021  /3BL Media / - Land Betterment Corporation (“Land Betterment” or the “Company”), an environmental solutions company fostering positive impact through upcycling former coal mining and industrial sites to create sustainable community development and job creation, today announced the engagement of urban-gro as the lead architect, engineer, and systems integrator on the build out of its Busy Vertical Farm located in Perry County, Kentucky.  

Land Betterment has been renovating the former Willard Elementary School, which it purchased in April, 2021 after the school was closed in 2018 and consolidated into the nearby West Perry Elementary School.  Land Betterment’s Betterment Harvest division is in the final stages of preparing the building and its 3.7 acres to now be repurposed and revitalized into its Busy Vertical Farm; a state-of-the-art Ag-tech plant propagation facility.  

urban-gro brings extensive experience in controlled environment agriculture and will ensure that the project’s components and design meet the highest standards.  This includes 2nd generation LED lighting systems, room specific ventilation and specific racking to allow for optionality in the propagation produced while focusing on optimal plant performance and efficiency.  

Thomas Sauve, Chief Development Officer of Land Betterment commented, “By partnering with urban-gro, we are bringing the best talent into our project to ensure great execution and high-value outcomes for stakeholders.  Repurposing a former school provides a great footprint for a vertical farm while also creating a positive outcome for the local community and region. The Busy Vertical Farm will be a huge step in creating a domestic, sustainable supply chain for the accelerating U.S. greenhouse industry by providing locally grown seedlings and will build on the growing Ag-tech momentum in the region.”   

“We are both excited and inspired to be working with Land Betterment and Betterment Harvest”, added Brad Nattrass, Chief Executive Officer of urban-gro.  “It’s a win-win when we can leverage our leading controlled environment agriculture expertise to create sustainable solutions for communities in Appalachia.  Repurposing a shutdown school into a propagation facility is a wonderful opportunity to positively impact the community and we are honored to help deliver an efficient facility through our integrated approach to design and construction that will support optimal plant performance.”

About urban-gro

urban-gro, Inc.® (Nasdaq: UGRO) is a fully integrated architectural, engineering and cultivation systems integration for commercial cannabis and food-focused Controlled Environment Agriculture (“CEA”) facilities. With experience in hundreds of CEA facilities spanning millions of square feet across the globe, they design, engineer and integrate complex environmental equipment systems into high-performance facilities. urban-gro’s gro-care® Managed Services Platform leverages the company's expertise to reduce downtime, provide continuity, and drive facility optimization. Operating as a crop-agnostic solutions provider in both food and cannabis CEA sectors, its crop-focused end-to-end approach provides a single point of accountability across all aspects of growing operations. Visit urban-gro.com to discover how we help cultivators gro plants and gro profitsor or connect with us on  Instagram Twitter LinkedIn Facebook.

About Land Betterment Corporation

Land Betterment Corporation, an Indiana Benefit Corporation and Pending B-Corp, is an environmental solutions company focused on fostering a positive impact through upcycling former coal mining sites to create sustainable community development and job creation.  The Company utilizes a complete solution-based lifecycle program to restore and rehabilitate the environment and revitalize communities in need of change and opportunity. Land Betterment accomplishes this by identifying un-reclaimed, run-down and neglected coal mining sites, fixing the environment through reclamation and remediation, and then repurposing the land to support a sustainable business that serves the community.  Land Betterment firmly believes that with real solutions it is possible for restoration of impacted areas to live side-by-side long term employment, while building sustainable and safe surroundings for communities and our planet.  For more information visit landbetterment.com or connect with the Company on Facebook, Twitter, and LinkedIn.

Special Note Regarding Forward-Looking Statements

This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995.  Forward-looking statements involve known and unknown risks, uncertainties, and other important factors that could cause the Company’s actual results, performance, or achievements or industry results to differ materially from any future results, performance, or achievements expressed or implied by these forward-looking statements.  These statements are subject to a number of risks and uncertainties, many of which are beyond Land Betterment Corporation’s control.  The words “believes”, “may”, “will”, “should”, “would”, “could”, “continue”, “seeks”, “anticipates”, “plans”, “expects”, “intends”, “estimates”, or similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words.  Any forward-looking statements included in this press release are made only as of the date of this release.  The Company does not undertake any obligation to update or supplement any forward-looking statements to reflect subsequent events or circumstances.  The Company cannot assure you that the projected results or events will be achieved.

Company Contacts:

Mark LaVerghetta
317.537.0492 ext. 0
Chief Governance Officer, Corporate Finance
info@landbetterment.com

Stephanie Conzelman
207.205.0790
Stakeholder Engagement Director
info@landbetterment.com