{"data":{"type":"company_profile","id":31227,"entity_id":"wefunder:company:31227","attributes":{"canonical_url":"https://wefunder.com/element.farms","generated_at":"2026-07-31T15:00:20Z","updated_at":"2026-07-31T05:00:13Z","entity_ids":{"company":"wefunder:company:31227","slug":"wefunder:company_slug:element.farms"},"profile_visibility":{"owner_published":true,"public_search_results":true,"site_search_listed":true,"privacy_mode":"promote","invite_only":false},"provenance":{"source":"wefunder_public_company_profile","as_of":"2026-07-31T15:00:20Z","claims":{"total_amount_raised":{"source":"FrontCompanySummary#amount_raised","last_verified_at":"2026-07-31T05:00:13Z","as_of":"2026-07-31T15:00:20Z","confidence":"high"},"total_investors":{"source":"FrontCompanySummary#number_of_investors","last_verified_at":"2026-07-31T05:00:13Z","as_of":"2026-07-31T15:00:20Z","confidence":"high"},"active_raise_states":{"source":"Fundraise.visible(nil, nil)","last_verified_at":"2025-03-11T19:14:19Z","as_of":"2026-07-31T15:00:20Z","confidence":"high"},"latest_fundraise_state":{"source":"Fundraise.visible(nil, nil).order(funding_started_at)","last_verified_at":"2025-03-11T19:14:19Z","as_of":"2026-07-31T15:00:20Z","confidence":"medium"}}},"company":{"id":31227,"entity_id":"wefunder:company:31227","slug":"element.farms","name":"Element Farms","tagline":"Higher yield, lower costs: going beyond organic with hydroponic leafy greens","elevator_pitch":"We’ve gone beyond organic to develop and optimize greenhouse technology to grow the best-tasting local and pesticide-free greens year-round. \u0026nbsp;Our methods are sustainable, efficient, and produce 20x the yield per square foot than conventional farming. Spinach, our flagship product, is the most in-demand leafy green in the US and our current demand exceeds our supply. We’re raising funds to expand operations and bring more fresh leafy greens to more people.","location":"New York, NY","website":"https://www.element-farms.com/","total_amount_raised":372658,"total_investors":351,"is_funded":false,"is_active":false,"quality_score":4,"related_urls":["https://wefunder.com/element.farms","https://www.element-farms.com/"]},"media":{"share_image_url":"https://uploads.wefunder.com/uploads/company/header_media_photo/31227/xxl_cropped_DannyJaneczko.jpg","logo_url":"https://uploads.wefunder.com/uploads/company/logo/31227/large_cropped_Screen_Shot_2018-11-28_at_8.40.09_PM.png","header_media_url":"https://uploads.wefunder.com/uploads/company/header_media_photo/31227/standard_cropped_DannyJaneczko.jpg","cover_photo_url":"https://uploads.wefunder.com/uploads/company/header_media_photo/31227/standard_cropped_DannyJaneczko.jpg"},"links":{"company_url":"https://www.element-farms.com/","facebook_url":"https://www.facebook.com/purespinach/","instagram_url":"https://www.instagram.com/purespinach/"},"highlights":[],"quick_facts":[{"index":2,"claim_id":"claim-fact-2","value":"Grown from 1 retailer shelf to 12 high-end retailer shelves\u0026nbsp;in 6 months."},{"index":3,"claim_id":"claim-fact-3","value":"Use 90% less water and yield 20x more greens per sq ft than conventional farming.\u0026nbsp;"},{"index":4,"claim_id":"claim-fact-4","value":"Short growth cycle:\u0026nbsp;14 days vs. 30-day industry standard."},{"index":5,"claim_id":"claim-fact-5","value":"Always-local farms ensure 24-hour delivery from farm to shelves."},{"index":6,"claim_id":"claim-fact-6","value":"$8B+ spent on leafy greens each year.\u0026nbsp;"},{"index":7,"claim_id":"claim-fact-7","value":"We avoid supply chain interruptions with precise hydroponic farming methods."},{"index":8,"claim_id":"claim-fact-8","value":"Our current demand exceeds our supply and funds raised will be used to increase supply."}],"team":[{"id":350960,"entity_id":"wefunder:company_role:350960","user_entity_id":"wefunder:user:191357","role":"founder","name":"Serdar Mizrakci","title":"Founder and CEO","bio":"Serial Entrepreneur. Formerly founded robotics company. Managed product at HP.","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/350960/square_cropped_4167242-color.jpg?1546468932","profile_url":"https://wefunder.com/serdar.mizrakci","linkedin_url":"https://www.linkedin.com/in/smizrakci/","related_urls":["https://wefunder.com/serdar.mizrakci"]},{"id":366253,"entity_id":"wefunder:company_role:366253","user_entity_id":"wefunder:user:196264","role":"founder","name":"Daniel Janeczko","title":"CTO/Head Grower","bio":"Worked in pharmaceutical development and horticultural RandD. Expert in hydroponics, process design.","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/366253/square_cropped_Danny.jpg?1547493478","profile_url":"https://wefunder.com/danieljaneczko","linkedin_url":"http://www.linkedin.com/in/daniel-janeczko-48379087","related_urls":["https://wefunder.com/danieljaneczko"]},{"id":350962,"entity_id":"wefunder:company_role:350962","role":"employee","name":"Maya Kutz","title":"Food Safety Manager","bio":"Former Hydroponic/Aquaponic Science + Technology Assistant @ Cornell, 5 years professional growing","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/350962/square_cropped_MayaFarming_d2287.jpg?1547493499","linkedin_url":"https://www.linkedin.com/in/maya-kutz/","related_urls":[]},{"id":350963,"entity_id":"wefunder:company_role:350963","role":"employee","name":"Nazlican Goksu","title":"Branding \u0026 Marketing","bio":"Formerly founded +37 Studio for design, Design Researcher at IDEO Expertise in brand marketing","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/350963/square_cropped_naz.jpg?1544204261","linkedin_url":"https://www.linkedin.com/in/nazlicangoksu/","related_urls":[]},{"id":350964,"entity_id":"wefunder:company_role:350964","role":"employee","name":"Neil S. Mattson","title":"Advisor","bio":"Associate Prof. and Greenhouse Extension Specialist at Cornell, GPN Magazine 40 Under 40 ‘15","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/350964/square_cropped_neil.jpg?1544204261","linkedin_url":"https://www.linkedin.com/in/neil-mattson-b9312a105/","related_urls":[]},{"id":350966,"entity_id":"wefunder:company_role:350966","role":"employee","name":"David Specca","title":"Technical","bio":"Assistant Director for CEA and Bioenergy at the Rutgers University EcoComplex; Owner, Specca Farms","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/350966/square_cropped_Screen_Shot_2018-11-29_at_11.40.50_AM.jpg?1547493517","linkedin_url":"https://www.linkedin.com/in/david-specca-63335711/","related_urls":[]},{"id":350967,"entity_id":"wefunder:company_role:350967","role":"employee","name":"Manoj Thomas","title":"Advisor","bio":"Director: Business Simulation Lab at Cornell, Co-author of the book ‘Why People (Don’t) Buy’","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/350967/square_cropped_manoj.jpg?1544204261","linkedin_url":"https://www.linkedin.com/in/manoj-thomas-3934195/","related_urls":[]}],"featured_investors":[],"investor_memos":[],"tab_counts":{"posts":0,"ask_questions":43,"featured_investors":0,"faq_entries":5},"active_fundraises":[{"id":22027,"entity_id":"wefunder:fundraise:22027","state":"successful","offering_type":"4(a)(6)","funding_type":"note","structure":"convertible_note","security_type":"debt","currency":"USD","testing_the_waters":false,"min_purchase":250,"max_purchase":9,"funding_target":50000.0,"funding_started_at":"2018-11-30T22:07:40Z","funding_closed_at":"2019-04-06T04:02:21Z","auto_close_at":"2019-04-06T03:59:59Z"}],"latest_fundraise":{"id":22027,"entity_id":"wefunder:fundraise:22027","state":"successful","offering_type":"4(a)(6)","structure":"convertible_note","testing_the_waters":false,"can_invest_now":false,"funding_started_at":"2018-11-30T22:07:40Z","funding_closed_at":"2019-04-06T04:02:21Z","terms":{"eb":null,"nb":null,"txt":null}},"recent_posts":[],"q_and_a":[{"id":159247,"entity_id":"wefunder:comment:159247","question":"Investor update for 2021? As I write this, we've just entered Q3. How's business? Did the lockdowns help or harm Element Farms? LETTUCE KNOW!","author_name":"Krista Haimovitch","votes":2,"created_at":"2021-07-22T00:06:45Z","canonical_url":"https://wefunder.com/element.farms#question-159247","answers":[]},{"id":290355,"entity_id":"wefunder:comment:290355","question":"can we please get an update please?","author_name":"Frederick Stevenson","votes":1,"created_at":"2024-08-13T16:11:27Z","canonical_url":"https://wefunder.com/element.farms#question-290355","answers":[]},{"id":39828,"entity_id":"wefunder:comment:39828","question":"Serdar: Sounds interesting. I’m curious as to your claim that you are the only provider of pesticide free spinach. BrightFarms has been doing that for years, and in multiple markets for national retailers such as Ahold and Kroger. How is this different/better?","author_name":"Patrick Severe","votes":1,"created_at":"2019-03-28T18:42:26Z","canonical_url":"https://wefunder.com/element.farms#question-39828","answers":[{"id":40443,"entity_id":"wefunder:comment:40443","answer":"Hi Patrick, thank you for your interest! Currently there are plenty of companies in our space that offer not only pesticide-free but also organic certified spinach products. In fact, the organic fresh spinach market in the US is estimated to be over $200MM and growing rapidly. We're using a proprietary production process that helps us produce pesticide-free spinach with no plant-disease related interruptions at high-yields and low-cost. We believe that this puts us in a suitable position to win a high share of this existing market by delivering a superior quality product at a lower price-point to the end consumer once we're at scale. An important note to be made is that the opportunity is not limited to spinach or leafy greens but any crop that is susceptible to root-disease issues in hydroponic environments. I'm happy to speak about this more in-depth if you're interested. You can reach me at serdar@purespinach.com","author_name":"Serdar Mizrakci","votes":0,"created_at":"2019-03-30T23:23:33Z"}]},{"id":39827,"entity_id":"wefunder:comment:39827","question":"Hello, you mention a couple of times \"Despite our competitors’ financial capacity, we are still the only company able to offer a year-round, pesticide-free spinach product; we owe this advantage to our proprietary production model.\" But that is certainly not the case, so why claim it? And does that invalidate your 'proprietary production model' as well?","author_name":"Adriana Vargas","votes":1,"created_at":"2019-03-28T18:40:50Z","canonical_url":"https://wefunder.com/element.farms#question-39827","answers":[{"id":40450,"entity_id":"wefunder:comment:40450","answer":"Hi Adriana, it is unfortunately difficult for us to make any claims regarding other companies in our space and their products. We only claim the merits of our capabilities which are fundamentally about growing crops at a high level of consistency by avoiding common plant disease problems without the use of pesticides. Spinach is a crop that is tricky to grow in indoor and outdoor environments and one which we believe proposes a good opportunity for us to prove the efficacy of our methods. There is plenty of competition in the indoor farming space with similar offerings available from well-capitalized incumbents. We believe that our ability to produce a distinct quality product with high consistency at low cost to the consumer will set us apart from the competition and help us stay competitive. If you live in NYC or Philadelphia, I would strongly suggest trying our products (https://www.element-farms.com/find-your-greens) and comparing them to other spinach products available in the market. If not, we can certainly try to send you a sample of our products to try. Please don't hesitate to reach me with further questions: serdar@purespinach.com","author_name":"Serdar Mizrakci","votes":0,"created_at":"2019-03-30T23:41:53Z"}]},{"id":36355,"entity_id":"wefunder:comment:36355","question":"Could you share your sales for November, December, January and Feb ? Thanks !","author_name":"Kevin Perez","votes":1,"created_at":"2019-03-07T03:18:57Z","canonical_url":"https://wefunder.com/element.farms#question-36355","answers":[]},{"id":336294,"entity_id":"wefunder:comment:336294","question":"Just got an email from a company called CARTA that had me accept the convertible note we funded 7 years ago for this company. No information online about this or from the company. If they changed hands or had a change of command the note would be made payable . So now what are we going to do?","author_name":"Jeff Braisted","votes":0,"created_at":"2026-06-24T23:55:00Z","canonical_url":"https://wefunder.com/element.farms#question-336294","answers":[]},{"id":328856,"entity_id":"wefunder:comment:328856","question":"Any updates?","author_name":"Rainer Filthaut","votes":0,"created_at":"2026-03-24T21:08:18Z","canonical_url":"https://wefunder.com/element.farms#question-328856","answers":[]},{"id":221165,"entity_id":"wefunder:comment:221165","question":"any new updates?","author_name":"Misty Guevara","votes":0,"created_at":"2022-10-06T02:03:59Z","canonical_url":"https://wefunder.com/element.farms#question-221165","answers":[]},{"id":184678,"entity_id":"wefunder:comment:184678","question":"Any updates?","author_name":"Lance McNeill","votes":0,"created_at":"2021-12-21T18:35:01Z","canonical_url":"https://wefunder.com/element.farms#question-184678","answers":[]},{"id":149738,"entity_id":"wefunder:comment:149738","question":"Investor update is overdue.","author_name":"Paul Zandbergen","votes":0,"created_at":"2021-05-20T01:46:32Z","canonical_url":"https://wefunder.com/element.farms#question-149738","answers":[]},{"id":129003,"entity_id":"wefunder:comment:129003","question":"when can we expect an update and financials 2020?","author_name":"Rainer Filthaut","votes":0,"created_at":"2021-02-06T14:16:50Z","canonical_url":"https://wefunder.com/element.farms#question-129003","answers":[]},{"id":126753,"entity_id":"wefunder:comment:126753","question":"Thx my friend!","author_name":"Field Work","votes":0,"created_at":"2021-01-27T14:21:10Z","canonical_url":"https://wefunder.com/element.farms#question-126753","answers":[]},{"id":105773,"entity_id":"wefunder:comment:105773","question":"Haven't heard any updates in a while. How are things going with the pandemic?","author_name":"William Paul BURGHARDT","votes":0,"created_at":"2020-09-10T17:46:32Z","canonical_url":"https://wefunder.com/element.farms#question-105773","answers":[]},{"id":94029,"entity_id":"wefunder:comment:94029","question":"How Do I Invest In Element Farms Today?","author_name":"Timothy M. Banks","votes":0,"created_at":"2020-06-18T03:09:39Z","canonical_url":"https://wefunder.com/element.farms#question-94029","answers":[]},{"id":83840,"entity_id":"wefunder:comment:83840","question":"How is the company holding up in this current economy with COVID-19 restrictions?","author_name":"Dustin Wagner","votes":0,"created_at":"2020-03-25T13:37:03Z","canonical_url":"https://wefunder.com/element.farms#question-83840","answers":[]},{"id":41718,"entity_id":"wefunder:comment:41718","question":"Hi Serdar, awesome business you have here. Do you exclusively sell your products in farmers markets right now? Could you speak to your thoughts/expectations on where your products will be sold in the future? Any insight on the expansion you have planned there would be helpful. Thanks!","author_name":"Michelle Scaunas","votes":0,"created_at":"2019-04-04T22:22:41Z","canonical_url":"https://wefunder.com/element.farms#question-41718","answers":[]},{"id":41609,"entity_id":"wefunder:comment:41609","question":"have you compared your capex costs to those of your competitors? I would imagine it is a little more expensive than a typical 1 acre hydroponic facility.Thanks","author_name":"Max Harker","votes":0,"created_at":"2019-04-04T00:26:13Z","canonical_url":"https://wefunder.com/element.farms#question-41609","answers":[]},{"id":38650,"entity_id":"wefunder:comment:38650","question":"I have viewed your video and it more impressive than the last video I viewed. I notice that you are using styrofoam for planting over some depth of water. Knowing only what I read about hydroponics, I would think that styrofoam gathers some kind of germs or some kind of scum that may cling to and grow within or around the styrofoam during its growing stage. And I assume the styrofoam is reused. Wouldn't a stainless steel tray be more efficient and easier to clean and washed through an automatic steam washer? Just wondering??","author_name":"Martin Dungca","votes":0,"created_at":"2019-03-23T04:51:45Z","canonical_url":"https://wefunder.com/element.farms#question-38650","answers":[{"id":38733,"entity_id":"wefunder:comment:38733","answer":"Hi Martin, great question! Styrofoam trays, if made to be low-density (lower cost) can in fact absorb water and retain biologicals within. We work with the best manufacturers in the industry to design and produce our own trays with high integrity and minimal risk of retaining biologicals. Eliminating the risk of food safety issues and plant disease is a major driver in the design of our production system. Hope this addresses your concerns.","author_name":"Serdar Mizrakci","votes":0,"created_at":"2019-03-23T18:47:46Z"}]},{"id":38585,"entity_id":"wefunder:comment:38585","question":"After this note converts to equity, do you intend to pay dividends?","author_name":"Craig J. Vom Lehn","votes":0,"created_at":"2019-03-22T17:12:01Z","canonical_url":"https://wefunder.com/element.farms#question-38585","answers":[{"id":38746,"entity_id":"wefunder:comment:38746","answer":"Hi Craig, our short to medium-term plan is to invest all of the free cash flow that we generate back into the business to maximize our speed of expansion and establish production facilities around the nation. In the long run Element Farms could saturate it's target market and experience slow growth, in which case we would either actively look for exit opportunities or pay dividends to shareholders. I believe that the next 5 years will be critical in observing how the indoor farming industry landscape will shape and adjusting our course to maximize returns accordingly. Your opinions as an investor would also be extremely valuable in determining that course. You can always reach me at serdar@purespinach.com for a longer discussion on this topic.","author_name":"Serdar Mizrakci","votes":0,"created_at":"2019-03-23T19:05:56Z"}]},{"id":38561,"entity_id":"wefunder:comment:38561","question":"Just wish the investment minimum was $100","author_name":"Lyle Notice","votes":0,"created_at":"2019-03-22T16:46:28Z","canonical_url":"https://wefunder.com/element.farms#question-38561","answers":[]},{"id":38491,"entity_id":"wefunder:comment:38491","question":"Would your technology conceptually be suitable for cannabis?","author_name":"Morten Roising","votes":0,"created_at":"2019-03-22T05:11:52Z","canonical_url":"https://wefunder.com/element.farms#question-38491","answers":[{"id":38731,"entity_id":"wefunder:comment:38731","answer":"Hi Morten, yes most components of our technology (lighting, CO2 supplementation, water management) would be suitable for cannabis and industrial hemp production. That being said, we currently do not allocate any of resources on developing systems for cannabis. Please feel free to reach out to me via email, I'd be happy to explain how our technology applies to different crops and the opportunities we see in the horizon.","author_name":"Serdar Mizrakci","votes":0,"created_at":"2019-03-23T18:44:17Z"}]},{"id":35762,"entity_id":"wefunder:comment:35762","question":"What are the inputs for your hydroponic operation and are they sustainably produced? Are they organic? Please describe. How are seedlings converted to hydroponic after seeding in soil? I have made a modest investment and may do more.","author_name":"Mary S","votes":0,"created_at":"2019-02-27T02:14:22Z","canonical_url":"https://wefunder.com/element.farms#question-35762","answers":[{"id":35805,"entity_id":"wefunder:comment:35805","answer":"Hi, Mary. Thanks for the question!Our non-GMO seeds are planted and germinated in a peatmoss based soil substrate, a natural growing medium that we source exclusively from North America. The medium is natural, sterile, and pesticide-, fungicide-, and chemical-free.\u0026nbsp;After they’ve sprouted in custom-designed trays, our seedlings (in the trays) are transferred into ponds of ultra-filtered, recirculating water that we pack full of the good bacteria and nutrients. It’s then that our greens become truly hydroponic, taking up their nutrients directly from the water itself. We use both natural and synthetic nutrients to ensure that we can efficiently and cost-effectively give our leafy greens what they need.While most of our input materials are not currently organic-certified, we know that our inputs, technology, and processes also go beyond organic in many instances. For example, we never use any pesticides; organic producers can still use organic-approved pesticides. That being said, we understand the value of organic-certification and the peace of mind it gives our consumers and we plan to develop a line of organic-certified greens in which all inputs would be organic-certified too.\u0026nbsp;For more on our growing process, check out the “How We Grow” section of our website. It can be found here: https://www.element-farms.com/how-we-grow.","author_name":"Serdar Mizrakci","votes":0,"created_at":"2019-02-27T19:41:49Z"}]},{"id":34513,"entity_id":"wefunder:comment:34513","question":"If you don't hit your $500k maximum, how will you finance the planned capacity expansion?","author_name":"Howard M Hadley","votes":0,"created_at":"2019-02-05T17:10:33Z","canonical_url":"https://wefunder.com/element.farms#question-34513","answers":[{"id":34521,"entity_id":"wefunder:comment:34521","answer":"Hi Howard, our soft target for this round of investment\u0026nbsp;is $400k which will fund all of the capacity expansion. We're confident that we can hit this goal in a timely manner. Our timeline for closing this Wefunder campaign is mid-March; in case we land short of our soft target we are looking to supplement the round with investment from our previous investors.We've already started ordering equipment and making preparations for the expansion. We're confident that we can hit our targeted capacity increase in less than a year's time.","author_name":"Serdar Mizrakci","votes":0,"created_at":"2019-02-05T18:47:32Z"}]},{"id":34456,"entity_id":"wefunder:comment:34456","question":"Serdar, thank you for your response. Excited to be part of the journey and will patiently wait for your products to be available in California.","author_name":"Yves Cuyugan","votes":0,"created_at":"2019-02-04T20:07:33Z","canonical_url":"https://wefunder.com/element.farms#question-34456","answers":[]},{"id":34183,"entity_id":"wefunder:comment:34183","question":"I am very interested but do have one long term question (8-10 years out). I know that currently you are mainly only producing Spinach commercially but have plans to grow other leafy greens and potentially fruits and vegetables. What are the company's goals as far as going after market share. Is the goal to eventually serve nation wide or only serve the markets that you have production capabilities close too?? I see that you state there is a $8 billion market for leafy greens but I assume that is for the entire country. If the goal is to only serve the markets you have production in, what is the TAM for New York and the north eastern part of the US you are currently located in?? I am trying to understand what the end game is and what you are hoping this company looks like in 10+ years.","author_name":"Curt Bromm","votes":0,"created_at":"2019-01-29T17:35:53Z","canonical_url":"https://wefunder.com/element.farms#question-34183","answers":[{"id":34279,"entity_id":"wefunder:comment:34279","answer":"Hi Curt, thank you for the interest!\u0026nbsp;We are currently growing about 10 varieties of leafy greens and selling most of them at our farmers market. We are planning to launch a\u0026nbsp;new retail product line in the coming months which will have all of the high in demand greens in the salad greens category (spinach, kale, arugula, lettuces, chards, etc.)The goal is to serve at least 16 of the most densely populated urban areas in the US. We have our eyes on\u0026nbsp;acquiring 2% of the $8B total fresh leafy greens market and moving into other fruits and vegetables along the way.First and foremost we are a tech-enabled produce company and our ambition is that we will be feeding millions of individuals in the US with safe, pesticide-free and affordable\u0026nbsp;vegetables in the next 10 years.\u0026nbsp;That being said, it is a high probability that we will receive interest from competitors and larger food production/distribution businesses to sell the business along with our IP and will need to assess such exit opportunities along the way.","author_name":"Serdar Mizrakci","votes":0,"created_at":"2019-01-31T18:58:59Z"}]}],"faq":[{"question":"Hi, interesting and compelling pitch. My concern is about how you can compete in the market and grow. Did I miss it - is anything proprietary (by patent rather than trade secret)? What would stop a company with deep pockets from getting to the same place? Also, what is the big...","answer":"Hi Alan, thanks for the thoughtful questions. Other investors may also be interested in the answers so for ease of reading, I am repeating your questions with my responses below. Q: Is anything proprietary (by patent rather than trade secret)? What would stop a company with deep pockets from getting to the same place? A: Yes, we have a patent pending on our unique production model which includes process flow, mechanical parts, and environmental control algorithms. We are dedicating an importa..."},{"question":"Hi, very interesting project. I'm very impressed by marketing video and love how you contribute to bring better, locally grown food to consumers. Could you give us more details on the financial side of the project? Notably : \u0026gt; What were the sales for the month of November 2...","answer":"Hi Pierre-Alexandre, thank you for the kind words and I highly appreciate your interest. I will do my best to answer your questions while avoiding numbers that we consider proprietary in nature. That being said, I would be more than happy to speak over the phone and walk you through our financial projections and current standing. Please find my responses below. Our sales for November 2018 were $14,869 - about 6% above our projections. We expect our revenues to stay at the same level in the ne..."},{"question":"Thanks Serdar, I appreciate the thorough answers and it all sounds really good. Interesting that such a huge percentage of our spinach comes from just a small handful of states - to me that adds value to your business because I imagine weather, pests, fire, e coli, etc. are si...","answer":"Hi Alan, we are studying licensing strategies. Currently we are in conversations with multiple industry leaders with the goal of figuring out the mechanics of a licensing deal that could yield high returns for both us and potential licensees. However, before any licensing terms can be negotiated we need to prove that the productivity and operability of our system works on a larger scale. We will achieve the appropriate scale after we raise this round and utilize our current facility to its fu..."},{"question":"One initial question, is the company that we would be investing in the same company that owns all of your IP and other assets/infrastructure, or is this a new, separate company leveraging what you've built elsewhere? Are there any other related entities/companies or is everyth...","answer":"Hi Robert, thank you for your interest. Everything is under one roof; Element Farms, Inc is the sole entity which owns all intellectual property and operations. We do not have any plans to operate under multiple entities as of now.\u0026nbsp;Please feel free to reach out with more questions!"},{"question":"Another question, apologies if I missed it: what retailers are you currently in? Where in nyc is it available for purchase?","answer":"We are currently selling in 8 stores in NYC as well as an online retailer (same-day delivery in Brooklyn \u0026amp;\u0026nbsp;Manhattan) and a year-round farmers market stand. You can find all of our sales\u0026nbsp;locations on our website:\u0026nbsp;https://www.element-farms.com/..."}]}}}