FOR IMMEDIATE RELEASE
Minneapolis, MN - September 17, 2019. New Hope, MN based Early Morning Farms LLC (“EMF”) and Minneapolis, MN based Global Access Capital LLC (“GA Capital”) announce their entry into a global joint venture to bring Early Morning Farms’ best in class indoor vertical farming to the world. The new joint venture is Early Morning Farms International (“EMFI”). Preliminary discussions are already underway in several countries.
“I am excited to be working with the team at GA Capital to catalyze our international expansion goals,” said Howard Rogers, COO, of EMF, continuing that “the depth and expertise of the GA Capital team will permit us to more broadly and deeply penetrate the global markets in which we seek to compete and allows EMF to keep its focus on expanding our domestic business”. “We also look forward to bringing our expertise in specialty mushrooms, particularly our unique ability to grow high quality morel mushrooms year-round to customers and markets around the world that have not had consistent access to these highly valued specialty mushrooms up to now,” said EMF’s Founder and Chairman Dean Terry.
“On our side, we are very excited to join forces with Howard and Dean and the outstanding team at EMF to bring their state-of-the-art growing techniques and technologies into new international markets,” said Michael Macaluso, a Principal of GA Capital. In addition, Gregg Haugen, CIO of GA Capital noted “that GA Capital’s business has been evolving to include working with companies such as EMF as a business and operating partner to drive business expansion and market entry in domestic and international markets”.
About Early Morning Farms
Early Morning Farms LLC (EMF) is an indoor vertical farming company in the business of deploying indoor vertical growing systems which we seek to locate in facilities near every major market in the United States and throughout the world. Our indoor growing systems will provide consumers with high demand, top quality food products. EMF’s growing systems and multi-level growing facilities can significantly increase yields over conventional growing methods by many multiples. Fresh. Local. Organic. Everywhere!
About GA Capital
Global Access Capital LLC (GA Capital) is an independent global operating partner, strategic advisor and private direct investor. Accessing today’s domestic and global opportunities, while managing the attendant risks, in an environment characterized by intensifying competition and disruptive challenges, often in real time, can prove challenging for even for the most savvy and innovative organizations. As an operating partner and strategic advisor, we work with our companies and clients to develop practical strategies and solutions for realizing their aspirations with greater certainty and less financial and execution risk through our integrated global approach. GA Capital advises, and from time to time partners with, growing businesses from growth stage companies to the Fortune 500 that have significant opportunities in their markets or industries, seek to open or grow new markets, possess transformative or unique technologies and brands, and are typically led by experienced management.
For additional information regarding Early Morning Farms International LLC, please visit us online at www.emfiverticalfarms.com.
This press release contains projections and other forward-looking statements regarding future events or our future financial performance. All statements other than present and historical facts and conditions contained in this release, including any statements regarding our future results of operations and financial positions, business strategy, plans and our objectives for future operations, are forward-looking statements. These statements are predictions and reflect our current beliefs and expectations with respect to future events and are based on assumptions, are subject to risk and uncertainties and are subject to change at any time. We operate in a very competitive and rapidly changing environment. New risks emerge from time to time. Given these risks and uncertainties, you should not place undue reliance on these forward-looking statements. Actual events or results may differ materially from those contained in the projections or forward-looking statements. Forward-looking statements in this release are made pursuant to the safe harbor provisions contained in the Private Securities Litigation Reform Act of 1995.