Growcer snaps up assets of bankrupt US rival Freight Farms

Growcer snaps up assets of bankrupt US rival Freight Farms

Container-based vertical farming company Freight Farms declared bankruptcy in April after 13 years of operation. Three months later, Ottawa-based Growcer CEO Corey Ellis won a bidding battle in a Boston courthouse to acquire the assets of Freight, his company’s American competitor.  The $2.6-million USD (about $3.6 million CAD) purchase suddenly adds a lot more than container-grown leafy greens to Growcer’s plate. The startup now has about 600 n…