Plenty Unlimited Inc. (“Plenty” or the “Company”), an innovative agricultural technology company with a unique indoor vertical farming platform, today announced that it has filed voluntary petitions under chapter 11 of the Bankruptcy Code in the United States Bankruptcy Court for the Southern District of Texas (the “Court”) in accordance with its Board-approved plan to restructure its liabilities, streamline operations and focus its go-forward operations.

Plenty Unlimited Inc. (“Plenty” or the “Company”), an innovative agricultural technology company with a unique indoor vertical farming platform, today announced that it has filed voluntary petitions under chapter 11 of the Bankruptcy Code in the United States Bankruptcy Court for the Southern District of Texas (the “Court”) in accordance with its Board-approved plan to restructure its liabilities, streamline operations and focus its go-forward operations.

Today, Plenty Unlimited Inc. opened the world's first farm to grow indoor, vertically farmed berries at scale. Plenty farms are the most technologically advanced farms in the world – removing the unpredictability of Mother Nature and making it possible to grow produce with peak-season flavor, year-round, almost anywhere in the world. The Plenty Richmond Farm is designed to produce more than 4 million pounds of strawberries annually in less than 40,000 square feet by growing vertically on 30-foot-tall towers. The farm will exclusively grow Driscoll's strawberries, combining Plenty's advanced technology with global premium berry leader Driscoll's advanced genetics. The first strawberries from the farm will be available in early 2025.

Plenty Unlimited Inc. has driven many advancements in indoor farming over the past decade in its research and development (R&D) center in Laramie, Wyo., leveraging its proprietary R&D technology platform. Today it’s one of the top plant science research centers in the world, attracting expert scientists from all over the world as well as leveraging talent from the nearby University of Wyoming.

Today, 7-Eleven, Inc., announced a new venture with Plenty Unlimited Inc., an innovative leader in indoor vertical farming, to further its commitment to sustainability through the availability of fresh, sustainably grown produce in 7-Eleven® locations throughout California.

Today, Plenty and Mawarid Holding Investment announced they have entered into an exclusive, multi-year, region-wide partnership to bring locally grown fresh produce to countries across the Gulf Cooperation Council.

Today, Plenty Unlimited Inc. announced significant updates supporting the development of its new R&D facility, which will be the largest and most technologically advanced indoor vertical farming research center in the world.

Plenty announced it has doubled its retail presence, making its zero-pesticide leafy greens readily available to Californians...