Walmart said it has taken a stake in agriculture startup Plenty, becoming the first large U.S. retailer to significantly invest in indoor vertical farming. Vertical farmers say their method brings higher yields while using less water and land.
Vertical farmers tout their high-quality produce that brings higher yields while using less water and land. The method also doesn’t use pesticide, and the produce can be grown year round near the point of distribution, increasing the reliability of supply.
Walmart, the nation’s largest retailer, declined to comment on the size of its investment or the financial terms of the deal. But the retailer based in Bentonville, Arkansas, said that it will join Plenty’s board at the close of the transaction. The deal comes as grocery stores are under pressure to have more environmentally friendly practices. Plenty, based in San Francisco, is one of many players in the fast-growing field of indoor farming. Others include Morehead, Kentucky-based AppHarvest, and New York-based Gotham Greens.In a recent global survey, consulting firm Agritecture — which works with urban farmers — found that at least 74 indoor farming companies were founded in 2020 alone.
Argentina Últimas Noticias, Argentina Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Conventional Underdog Doc La Guerra Civil Still Sheds Plenty of Insight'La Guerra Civil attempts to unpack the central rivalry between the two boxers while also confronting the internalized prejudices within the Mexican community.' nataliakeogan reviews EvaLongoria's new documentary. Sundance2022
Leer más »
Plenty of chances for snow this week: Northeast Ohio weather forecastUp to 3 inches of snow is are possible on Monday in the Cleveland and Akron areas.
Leer más »
Music Financier Invests In ITV’s ‘The Ipcress File’; ‘Masked Singer UK’ Indie Bandicoot In Triple Hire – Global BriefsMusic Financier Invests In ITV’s ‘The Ipcress File’ EXCLUSIVE: Music financier Cutting Edge Media Music has invested in ITV’s adaptation of Len Deighton’s The Ipcress …
Leer más »
Build a Startup Program for Your SaaS Business: A How to Guide | HackerNoonMany SaaS startups offer their service at a discount to customers that are part of an incubator or accelerator which has become known as a startup program.
Leer más »
Jack Coan Has Different Spin On 'Game Manager' Label | The Draft NetworkJack Coan has been labeled a 'game manager' but he doesn't view that as negatively as some. Coan chatted with Crissy_Froyd about his skill set, what he accomplished this season, and more. Check it out. FrontOffice33 | NFLDraft
Leer más »
From Bulgari to Zenith, These Are the Can’t-Miss Pieces from LVMH Watch WeekExpect plenty of gold, serious movements and intricate dials.
Leer más »