Royalty Management Holding Corporation has announced that it has purchased an equity interest and royalty stream from sales of controlled agriculture and greenhouse products produced and sold by an innovator in the greenhouse space. The company sells certain patented consumables used in controlled growing environment.
The amount of the royalty payable to the Company is based on volumes of these greenhouse consumable product sales and ranges from 1.4% to 2.2% of sales. The seller is expected to start producing royalty income for Royalty Management starting in early 2025.
A confidentiality agreement currently in place restricts Royalty Management from disclosing the name of the producer of the greenhouse/controlled agriculture products.
Thomas Sauve, Chief Executive Officer of the Company, stated, "Innovative controlled growing environment platforms that increase food production and yields will be essential for our food security and as regional populations grow. We are thrilled to continue our investment in this critical industry given the need for affordable and productive food-based growing environments."
Royalty Management Holding Corporation is a company that focuses on buying and managing valuable assets in sustainable markets, expecting these markets continue to thrive over time. Their goal is to create steady streams of income by investing in these assets, generating revenue from existing sources while also finding new ways to make money from these assets in the future.
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Royalty Management Holding Corporation
royaltymgmtcorp.com/