Are you keen to discover the future of farming? Unveil the revolutionary world of vertical farming with our esteemed guest, Cody Journell, founder and CEO of Vegg, Inc. Cody, with his vast knowledge and innovative approach to Controlled Environment Agriculture (CEA), is pioneering a fresh perspective on how we perceive agriculture. This episode takes you on a thrilling journey into the heart of Vegg, Inc., where old school buildings transform into thriving vertical farms.
Step inside the unique landscape of vertical farming as we discuss how Vegg, Inc. is changing the game with their comprehensive guidance on infrastructure development, leasing options, and revenue models. We delve into their budding relationships with regional feed hubs and how these alliances might revolutionize local farming. We also reflect on the GAP Summit and the challenges small and medium-sized farmers face. Hear directly from Cody as he offers a glimpse into his leadership journey and how he is preparing his team for an industry that is in perpetual motion.
Lastly, we try to break down the intricacies of vertical farming for the everyday individual and understand the role it plays in preserving our farmlands. We evaluate how consumer habits need to change for vertical farming to be more widely accepted and discuss how the US could potentially halt the alarming loss of thousands of acres of farmland per day. Be inspired by the potential of Vegg, Inc.'s projects that aim to provide education and workforce development in rural areas. Tune in for an enlightening conversation that might just reshape your understanding of agriculture and its future.
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AgTech Weekly Review
Key Takeaways05:44 - Real Estate and Problem-Solving
10:05 - Historic Tax Credits and Building Challenges
15:36 - Scaling Vegg
24:15 - Journey as CEO and Team Growth
29:05 - Vegg's Potential Locally and Nationally
33:47 - Concept of Vertical Farming and Messaging
38:53 - The Viability of Vertical Farming Careers
Tweetable Quotes"We're losing I think we're losing somewhere around 2,000 acres of farmland in the US per day to redevelopment. So that's 700 plus thousand a year that we're losing. Populations increasing, consumer preferences are changing. They want more food, which we have less land, and they want it grown in an environmentally friendly manner. So how are we going to solve that problem? In walks, vertical farming and CEA.""We had a family farm that was passed down through generations and generations and it's just it's not something that kids are growing up and doing now." "One of my favorite things about real estate is the fact that it is 100% what problems you can solve, whether you're successful or not. So whether it's even a transaction that you're helping someone out with, or it's a building that you're looking at to develop, or there's some zoning requirements that you have to work around, it's always a problem that's being solved and you know you solve big problems and you know big profits follow."Resources MentionedCody's Website - https://www.vegginc.com/
Cody's Linkedin - https://www.linkedin.com/in/cody-journell-8677602b
Cody's Email - cjournell@vegginc.com
Cody's Instagram - https://instagram.com/codyjournell
Virginia Tech - https://www.vt.edu/
Cultivatd - https://cultivatd.com/
College of Agriculture and Life Sciences - https://www.cals.vt.edu/
GAP Summit - https://globalbiotechrevolution.com/events/gapsummit-2020
Connect With UsVFP - LinkedIn - https://www.linkedin.com/company/verticalfarmingpodcast
VFP Twitter - https://twitter.com/VerticalFarmPod
VFP Instagram - https://www.instagram.com/direct/inbox/
VFP Facebook - https://www.facebook.com/VerticalFarmPod
Vertical Farming Jobs - http://verticalfarmingjobs.com
Vertical Farming Weekly - www.getrevue.co/profile/verticalfarmingpodcast
Sponsor LinksCultivatd’s Website – https://cultivatd.com/
Cultivatd’s Instagram – https://www.instagram.com/cultivatdco/
Cultivatd’s Twitter – https://twitter.com/cultivatd
Cultivatd’s Facebook – https://www.facebook.com/cultivatd/
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Podcast Production and Marketing by FullCast
S2E16: DeMario Vitalis - Leaving Hydroponics Better Than How He Found It
S2E15: Eddy Badrina - Creating Exponential Positive Change
S2E14: Tobias Peggs - Discovering a More Resilient Food System through Vertical Farming
S1E13: Michelle Bonahoom - Lighting the Way Forward: How Heilux is Impacting the AgTech Industry
S1E12: David Farquhar - Leveraging Science and Scale
S1E11: Alex Tyink - Fork Farms: Growing Food for Positive Change
S1E10: 010 Scott Massey - GroPod: How a Bold Aeroponic Appliance is Changing the AgTech Landscape
S1E9: 009 Andrew Carter - Distributed Farming: How Smallhold Is Growing and Networking in the Ag Space
S1E8: 008 Virginia Emery - Frass Happens: Dissecting Insect Farming
S1E7: 007 Nicola Kerslake - Funding the Indoor AgTech Space
S1E6: 006 Dave Ridill - From Paramedic Firefighter to Vertical Farmer
S1E5: 005 Jon Friedman - A Green Mind
S1E4: 004 Henry Gordon Smith - Exploring the Socioeconomic Divide in Agriculture
S1E3: 003 Stephen Pankhurst - Analyzing the Evolution and Profitability of Vertical Farming
S1E2: 002 Louisa Burwood-Taylor - The Biggest Challenges Facing Indoor Agriculture
S1E1: 001 David Farquhar - It's Time For the Industry to Grow Up
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