United Opportunities announces lease-back program for its Grow Pods

United Opportunities, the developer of an exclusive program that allows individuals to take ownership positions in the AgTech market, has announced that manufacturing of its growing environments has commenced, according to a press release. The company's indoor cultivation Pods are being manufactured in Southern California and will be available for delivery by end of summer.

The company is selling these growing Pods with a lease-back program that allows Pod owners to receive quarterly payments while United Opportunities manages the unit and handles the cultivation, sales and distribution.

Each Pod is a self-contained, state-of-the-art cultivation system, equipped with proprietary technology, patented air and water filtration systems, and specially tuned lighting that produces a crop with faster harvest times than many other conventional agricultural methods, according to the release.

Jack Boyle, CEO of United Opportunities, created the company because of the explosion in the AgTech sector - and specifically in the indoor farming sector. Boyle is a prominent business leader, who made his mark on the world stage by selling his amphitheaters and numerous properties to a division of Clear Channel and to Live Nation.

"The AgTech industry is not only one of the fastest growing sectors in the world, but it is also creating a profound change in how and where crops are grown, distributed and sold," Boyle said. "We are at the tip of an agricultural revolution that will impact billions of lives worldwide."

According to Forbes, agtech startups are looking to scale in a sector that has around $3 trillion value at the farm gate, and multiples of that downstream.

United Opportunities has developed a "Pod Farm" in California where the first 1,000 units will be placed. Owners of the units will receive a guaranteed 20 percent yield, paid on a quarterly basis.