New leasing option for cannabis production

Noesis, a financing provider for sellers of commercial building improvements, has partnered with Indoor Harvest Corp to offer specialist leasing packages for equipment for cannabis production.

Indoor Harvest Corp has developed a high efficiency bio-manufacturing platform for commercial cannabis growers as well as retrofit packages for existing licensed producers.

The platform technology has been engineered and tested for repeatable consistent production of cannabis cultivars, and integrates environmental systems that allow for precision control over temperature, humidity and CO2 through a proprietary design that supplies airflow directly through the plant canopy.

The company says its Controlled Environment Agriculture (CEA) approach results in increases in crop production of as much as 150%, coupled with up to an 80% reduction in operating costs compared to traditional cultivation methods.

John Zimmerman, director at Indoor Harvest stated: “Whether you are talking about the food safety issues experienced by reputable companies to the growing need to produce cannabis for medical use, CEA will play an ever-increasing role in solving these problems.”

“As they exist today, most CEA facilities rely on inadequate heating and ventilation systems, leading to unsustainable energy costs and poor control over the grow environment. We are providing a controlled metric at the leaf and canopy level separate from the ambient air, giving finite control over plant response,” Zimmerman explained.

Indoor Harvest has established a strategic alliance with Noesis to provide equipment and project financing to qualified cannabis producers and researchers. The partnership means the company is now able to provide financing for complete platform build-outs as well as retrofit packages for existing producers looking to reduce their operating costs.

“We took our time to properly develop and test a platform that has shown proven performance and efficiency. Now through our alliance with Noesis, not only can we provide some of the best engineered systems, we can also now offer financing and leasing options for those systems.

“Being able to start off a conversation with a potential client by offering financing and leasing options gives us a competitive advantage,” stated Chad Sykes, the founder and CEO of Indoor Harvest.