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US: Nature's Miracle signs $150M MoU to build indoor cannabis facility in California

Nature's Miracle Holding has entered into a Memorandum of Understanding with CCBP Holding to provide engineering, procurement, and construction (also known as EPC) services for a large-scale indoor cannabis cultivation facility in California City, California. The total estimated EPC contract value is approximately $150 million.

The planned facility will be situated on 88.38 acres of land, featuring approximately 660,000 square feet (15 acres) of indoor greenhouse space designed for year-round cannabis cultivation. Once completed, the facility is expected to be among the largest indoor cannabis growing operations in California.

The greenhouse will utilize a fully controlled environmental system, including precise regulation of temperature, humidity, and CO₂ levels, supported by advanced indoor grow lighting. This integrated design is intended to deliver consistent, high-quality yields while maximizing operational efficiency.

Power for the facility will be supplied by an off-grid 40-megawatt photovoltaic (PV) solar generation system, integrated with a battery energy storage system. The renewable energy system will primarily support greenhouse supplemental lighting and environmental control systems, including HVAC and climate management. The estimated cost of electricity from the system is expected to be approximately $0.10 per kilowatt-hour.

The advanced cultivation platform is projected to achieve an estimated production cost of less than $200 per pound of cannabis, positioning the facility among the lowest-cost producers in the United States.

Nature's Miracle will serve as the primary EPC provider for the project, which is expected to be completed within 12 to 18 months.

James Li, Chairman and Chief Executive Officer of Nature's Miracle, commented, "We are very pleased with the indoor growing technology and expertise contributed by Dr. Du's team. This project is designed to become a leading cannabis cultivation facility in the country and demonstrates the scalability of large-scale controlled-environment greenhouse operations. Importantly, the project is also expected to generate significant and much-needed revenue for Nature's Miracle over the next 12 to 18 months."

For more information:
Nature's Miracle
[email protected]
www.nature-miracle.com

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