9 Reasons Why Vertical Farms Fail
1) Location, location, location.
Whether you’re talking about buying a house or building a vertical farm, choosing the right location is critical.
After all, the whole reason you’re building a vertical farm is to grow crops closer to market and meet the demand for fresher food. If demand doesn’t exist, then Poof! There goes your business feasibility.
On the other hand, imagine that you do have fantastic demand for local food. That advantage is often eclipsed by the inability for local farmers to start farms in or around where people actually live. Several obstacles stand in the way of urban farmers when tradition soil-based farming is impossible because of…
… high cost of land.
… poor soil quality.
… inherent risk of uncontrollable factors.
Amplifying these disadvantages of urban farmers are the facts that unlike giant established and well-funded farms, the little guys can’t always afford the levels of insurance, permits, and “Plan Bs” to protect themselves from that risk.
Vertical farmers, however, have the unique ability to sideline these constraints by leveraging high density growing technology and taking control of their growing environment.
That said, just because the technology and techniques exist to grow food anywhere, the aspiring vertical farmer still has many questions to answer in order to get the location recipe just right.