First soil-based organic indoor farm in Seattle area

Soli Organic believes organic produce should be accessible and affordable to all people. The Company's 'biology first, technology to scale' philosophy flips the typical high-tech controlled environment agriculture script in support of this mission. The natural benefits of its soil-based growing system - combined with the highly targeted use of technology - enable the Company to offer organic herbs and leafy greens with all of the sustainability benefits of indoor-grown produce, at a much lower price point.

"This is an incredibly exciting time for Soli Organic. We're thrilled to be expanding into the Pacific Northwest region as our company seeks to ensure that consumers in the Seattle area and broader Pacific Northwest region have access to high-quality indoor-grown organic produce that is not only affordable, but sustainably produced," said Matt Ryan, Chief Executive Officer of Soli Organic. "This next phase of expansion for Soli Organic will advance our efforts to scale and grow the company while maintaining our strong track record of financial performance."

"Economic Alliance works with our local communities to attract innovative companies, like Soli Organic. They will be bringing environmentally sustainable indoor farming technologies to Marysville and the Puget Sound Region," said Garry Clark, Economic Alliance Snohomish County President & CEO. "Washington's strong agricultural tradition makes Soli Organic a perfect fit for our community."

"We couldn't be more excited to welcome Soli Organic to Marysville and the Cascade Industrial Center," Marysville Mayor Jon Nehring said. "It's a forward-thinking company and an excellent addition to our growing business corridor."

Proprietary Soil-Based Growing System Eliminates Synthetic Fertilizers, Enables Organic Produce at Prices Comparable to Conventionally-Grown Produce

By growing plants in living soil - rather than using hydroponics or aeroponics, as is common among other controlled environment agriculture companies - Soli Organic has become the first company to unlock the full value of controlled environment agriculture. This includes achieving considerable savings that translate to low unit costs, higher and more predictable yields, and environmental and climate benefits.

Using a soil-based substrate enables the Company's closed-loop nutrient regeneration technology, which produces nitrogen naturally. This eliminates entirely the need for synthetic fertilizers, which supports the Company's USDA certified organic status and shields it from recent ongoing spikes in input costs. Synthetic fertilizer prices reached repeated record highs over the course of 2021. This trend is anticipated to continue in 2022.

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Source: Agritech Tomorrow