Nature's Miracle Announces Agreement With Vaighai Agro Products To Distribute Gro-Med Substrate Products
Portfolio Pulse from Benzinga Newsdesk
Nature's Miracle Holdings Inc. (NASDAQ:NMHI) has signed an agreement with Vaighai Agro Products Ltd. to exclusively distribute Vaighai's Gro-Med Line of Coco Coir Substrate products in the U.S. This partnership leverages Vaighai's 40 years of expertise in the agro-industry and aims to enhance Nature's Miracle's product offerings in the vertical farming sector.
June 13, 2024 | 12:41 pm
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Nature's Miracle Holdings Inc. has entered into an exclusive distribution agreement with Vaighai Agro Products Ltd. for the Gro-Med Line of Coco Coir Substrate products in the U.S. This partnership is expected to enhance NMHI's product portfolio and market presence in the vertical farming sector.
The exclusive distribution agreement with Vaighai Agro Products Ltd. is likely to strengthen NMHI's market position and product offerings in the vertical farming sector, potentially driving short-term stock price appreciation.
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