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VetaNova Inc. (VTNA) has secured a long-term exclusive distribution agreement with Mastronardi Produce for all fruits and vegetables from its new solar-powered greenhouse facility in Avondale, Colorado. The company is developing 157 acres in Pueblo County to meet the agreement's requirements. This initiative aims to enhance local access to sustainable produce and is expected to begin shipping SUNSET® products by Spring/Summer 2022. The collaboration aligns with both companies' commitment to providing fresh, flavorful produce and sustainable agricultural practices.
VetaNova has acquired a 157-acre greenhouse complex in Avondale, Colorado, aimed at establishing a solar-powered vertical growing facility. This new facility is expected to supply year-round fresh produce to local markets. The acquisition includes a 90,000 sq ft greenhouse and a 15,000 sq ft processing facility, with plans for expansion in the coming years. CEO John McKowen highlighted the cost advantages of developing in a rural area, allowing daily deliveries of fresh produce to major metropolitan areas in Colorado.
VetaNova announced on March 30, 2021, that it filed a registration statement to voluntarily register its common stock. This move aims to remove its designation as a shell company. The company also completed its 2020 audit and filed Form 10-K on March 25, 2021. VetaNova plans to develop a solar-powered greenhouse complex in Pueblo County, Colorado, covering approximately 157 acres and utilizing solar arrays to reduce CO2 emissions. The initial project will consist of four parcels, with existing facilities and plans for additional constructions.
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