Agrify, a developer of indoor grow solutions, announced it has entered into a joint venture with Valiant-America, a cannabis consultant and general contracting firm.
The 60/40 joint venture, called Agrify-Valiant LLC, includes an option to acquire the remaining 40 percent of Valiant ownership within the next two to five years. The joint venture is designed to provide a complete turnkey solution, from design, engineering and construction to integrated, controlled grow solutions, world-class total farm management software, and equipment financing.
“There’s always been a disconnect between equipment and construction in the cannabis and indoor crop industries, and this joint venture will solve that,” said Agrify CEO Raymond Chang. “Agrify-Valiant LLC will now provide a one-stop shop for those looking for a comprehensive solution.”
Agrify-Valiant LLC recognized the major pain points of starting and maintaining an indoor crop facility, and will all but eliminate project delays, complicated fit-outs and dealing with multiple vendors, contractors and equipment providers. This joint venture also provides integrated hardware and software solutions and financing for start-ups and established companies.
“Agrify exemplifies our core principles as a leader in the cannabis and indoor crop industries,” said Eamonn O’Kane, Valiant-America CEO. “The quality of their products combined with our build and engineering expertise make for an easy and complete build-out experience no one else can offer.”
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