Greenleaf Fresh used advanced techniques to grow leafy greens such as lettuce, kale, rocket, herbs and microgreens.
Photo: 123rf
New Zealand’s first large-scale vertical farming business was not able to reach sufficient scale to achieve profitability and attempts to help it continue to trade have failed, the first administrators’ report reveals.
Greenleaf Fresh appointed liquidators on 30 December.
It produced goods under the Green Grower brand and had earlier received $3.5 million in public funding for research.
Administrators Adele Irene Hicks and David Ian Ruscoe, of Grant Thornton New Zealand, released their first report on 6 January.
It noted that the business used advanced technology to grow leafy greens such as…
