Cancel OK

Local Bounti releases 2022 financial results, secures $145MM of additional financing

- General News
Local Bounti today announced its financial results for the three and twelve months ended December 31, 2022 and provided sales guidance for full year 2023.

Edible Garden Michigan greenhouse gets organic, food safety certifications

- General News
Edible Garden AG Incorporated, a leader in controlled environment agriculture (CEA), locally grown, organic, sustainable produce and products, today announced that the Edible Garden Heartland greenhouse facility has fulfilled the requirements and obtained all necessary certifications from both the USDA and PrimusGFS.

Elevate Farms begins operations at first U.S. farm in Orange, ‎NJ

- General News
Elevate Farms Inc. ("Elevate" or "Elevate Farms"), a ‎tech-based vertical farming company focused on cost-effectively ‎‎growing leafy green vegetables at ‎mass scale, is pleased to announce the commencement of operations at its first wholly-owned US farm, ‎located in Orange, New Jersey ("Elevate New Jersey").

Local Bounti amends credit agreement ahead of annual report

- General News
Local Bounti Corporation, a breakthrough U.S. indoor agriculture company combining the best aspects of vertical and greenhouse growing technologies, today announced that it amended its existing credit facility with Cargill Financial Services, Inc.

IFPA takes industry insights international in Q1

- General News
International Fresh Produce Association has spent much of the first quarter of the year bringing industry insights to international audiences.

AppHarvest Q4, full-year financial report shows transition to operations

- General News
AppHarvest, Inc., a sustainable food company, public benefit corporation and Certified B Corp building some of the world’s largest high-tech indoor farms to grow affordable, nutritious fruits and vegetables at scale while providing good jobs in Appalachia, today announced its fourth quarter and full-year 2022 operating and financial results, achieving its previous revised guidance, quadrupling the AppHarvest farm network in 2022 and diversifying its crop portfolio.

Vertical farming and the bad business plan

- Analysis
It has come to the attention of many that a number of vertical farming operations are failing. A recent article by Adele Peters in Fast Company looks into the causes. Her analysis is fascinating and insightful, although I think the problem can be explained in more basic terms: bad business plans.

Topline Farms gains shelf life on greenhouse mini cucumbers

- General News
Topline Farms, a leading producer of high-quality Greenhouse-grown vegetables, has once again joined forces with Apeel Sciences, pioneers of shelf-life extension technologies, to introduce an innovative new greenhouse-grown produce item.

Pure Flavor expands after acquiring nearby greenhouse

- General News
Continuing its growth path fueling significant plans for expansion, Pure Flavor announces the acquisition of Cervini Farms C5 in Leamington, ON to add to its expanding portfolio of greenhouses and distribution centres.

Edible Garden regains Nasdaq listing compliance

- General News
Edible Garden AG Incorporated, a leader in controlled environment agriculture (CEA), locally grown, organic and sustainable produce and products, today announced that it received notice from Nasdaq on February 10, 2023 indicating that the Company had regained compliance with the minimum stockholders’ equity requirement for continued listing on Nasdaq.