NATURE'S MIRACLE HOLDING INC. SIGNS MOU FOR $150 MILLION EPC CONTRACT TO BUILD LARGE-SCALE INDOOR CANNABIS FACILITY IN CALIFORNIA
NATURE'S MIRACLE HOLDING INC. SIGNS MOU FOR $150 MILLION EPC CONTRACT TO BUILD LARGE-SCALE INDOOR CANNABIS FACILITY IN CALIFORNIA |
| [10-February-2026] |
ONTARIO, Calif., Feb. 10, 2026 /PRNewswire/ -- Nature's Miracle Holding Inc. ("Nature's Miracle" or the "Company") (OTCQB: NMHI), a leader in controlled environment agriculture, today announced that it has entered into a Memorandum of Understanding ("MOU") with CCBP Holding LLC ("CCBP") to provide engineering, procurement, and construction ("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 ("BESS"). 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." About Nature's Miracle Holding Inc. Nature's Miracle (www.Nature-Miracle.com) is a growing agriculture technology company providing equipment and services to the Controlled Environment Agriculture ("CEA") industry, including vertical farming in North America. Through its two wholly-owned subsidiaries, Visiontech Group, Inc. and Hydroman, Inc., Nature's Miracle provides grow lights and hydroponic products to hundreds of indoor growers. The Company also maintains a robust pipeline to build commercial-scale greenhouses to meet the growing demand for fresh, local produce in North America. Important Information About Press Release This press release includes information about the MOU. Other than specific provisions in the MOU, the MOU deal points, including the structure of the acquisition and the consideration to be offered, among other things, are not binding. This press release is intended to show the willingness of the parties to fulfill plans that complement their businesses. A transaction is final only upon the signing of a definitive agreement. This press release contains the Chairman and Chief Executive Officer comments. Such comments do not signify a guaranteed entry in the field of EPC for indoor growing facilities. This press release contains information about Soft Gold LLC, its related business entities and their potential project in California City. Such information was provided to us by Soft Gold. An alternative entity can end up signing the EPC deal with the Company or none if the talks don't consummate into a services and procurement agreement. This press release does not contain all the information that should be considered concerning the stock of Nature's Miracle, its warrants, and its related businesses. The press release is not intended to form the basis of any investment decision or any other decision in respect to the securities of Nature's Miracle. More information can be obtained by writing directly to Nature's Miracle Holding Inc., 3281 E. Guasti Rd.#175., Ontario, CA 91761, attention Investor Information or the Chief Financial Officer. Forward-looking Statements Except for historical information contained herein, this press release contains certain "forward-looking statements" within the meaning of the federal U.S. securities laws with respect to the MOU and business of Nature's Miracle; other future references such as the anticipated synergies resulting from the transactions contemplated by the MOU, the services and markets of Nature's Miracle, our expectations regarding future growth, results of operations, performance, future capital and other expenditures, competitive advantages, business prospects and opportunities, future plans and intentions, results, level of activities, performance, goals or achievements or other future events. These forward-looking statements generally are identified by words such as "anticipate," "believe," "expect," "may," "could," "will," "potential," "intend," "estimate," "should," "plan," "predict," or the negative or other variations of such statements, reflect our management's current beliefs and assumptions and are based on the information currently available to our management. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Many factors could cause actual results or developments to differ materially from those expressed or implied by such forward-looking statements, including but not limited to: (i) the risk that the business and revenue prospects of Nature's Miracle may not materialize which may adversely affect the price of Nature's Miracle's securities; (ii) the occurrence of any unforeseen event that would impact continued listing of Nature's Miracle's securities on the Nasdaq exchange; (iii) changes in the competitive industries in which Nature's Miracle operates, variations in operating performance across competitors, changes in laws and regulations affecting Nature's Miracle's business and changes in the combined capital structure; (iv) the ability to implement business plans, forecasts and other expectations after the completion of the proposed transactions contemplated by the MOU; (v) the risk of downturns in the market and Nature's Miracle's industry including, but not limited to market prices of indoor grower's produce, transportation costs, competition with outdoor growers and demand in the consumer marketplace. For additional details on the uncertainties that may cause our actual results to be materially different than those expressed in our forward-looking statements, please review our prospectus/proxy statement included in our Registration Statement on Form S-4 on file with the Securities and Exchange Commission at www.sec.gov, particularly the information contained in the section entitled "Risk Factors." Forward-looking statements speak only as of the date on which they are made, and neither Nature's Miracle assume any obligation to update or revise any forward-looking statements or other information contained herein, whether as a result of new information, future events or otherwise. You are cautioned not to put undue reliance on these forward-looking statements. Nature's Miracle does not give any assurance that the Company will achieve its expectations. Non-solicitation This press release is not a proxy statement or solicitation of a proxy, consent or authorization with respect to any securities or in respect of the potential business combination or any other matter and shall not constitute an offer to sell or a solicitation of an offer to buy the securities of Nature's Miracle, nor shall there be any sale of any such securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of such state or jurisdiction. No offer of securities shall be made except by means of a prospectus meeting the requirements of the Securities Act of 1933, as amended.
SOURCE Nature's Miracle Holding Inc. | ||
Company Codes: NASDAQ-GM:NMHI,NASDAQ-NMS:NMHI,OTCQB:NMHI |
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