Nature's Miracle Signs Grow Light Sales Order Of $5.1M By What Rebates LLC

Author: Benzinga Newsdesk | July 25, 2024 08:40am

Nature's Miracle Holdings Inc. (NASDAQ:NMHI) ("Nature's Miracle" or the "Company"), a leader in vertical farming technology and infrastructure, today announced that it has signed a sales order agreement for $5.1 million of grow light products for use by the U.S. energy rebate market with What Rebates LLC ("What Rebates"), a utility rebate company specializing in product offerings for the agricultural sector.   Supported by the Inflation Reduction Act (IRA) implemented by the U.S. Government, 78% of the U.S. is covered by an active commercial lighting rebate program. The business of Nature's Miracle and What Rebates remain direct beneficiaries given the support measures and government resources. 

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