29th September 2022
Stock Market

BlackRock’s Comments On LOCL Sends Stock Price Up By 18%

Yesterday, Blackrock’s US head of thematics Jay Jacobs gave his thoughts on the sectors to focus on during inflationary times. The 3 sectors that were discussed include agriculture technology were Jay Jacobs discusses outlook of certain stocks including Local Bounti’s (NYSE:LOCL). Since his comments on the company, its stock went up by 18%.   As […]

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Hydroponics Stock Market

iPower Announces An Annual Revenue Increase of 47%

iPower Inc. (Nasdaq:IPW), announced its financial results for its fiscal fourth quarter and full year ended June 30, 2022. Fiscal Q4 2022 Results vs. Year-Ago Quarter Total revenue increased 50% to $22.1 million. Gross profit increased 39% to $9.1 million. As a percentage of revenue, gross margin was 41.2% compared to 44.4%. Net loss improved […]

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Pharmaceuticals Stock Market

iBio Announces Unaudited Preliminary Financial Results

iBio, Inc. (NYSEA:IBIO), a developer of next-generation biopharmaceuticals and pioneer of the sustainable FastPharming® Manufacturing System, announced preliminary unaudited financial results for the fiscal year ended June 30, 2022, and provides a corporate update. “We have continued to take important steps toward achieving our strategic objective of becoming a leading biotechnology company with a focus on […]

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Deals Stock Market

AgriFORCE Updates on Planned Delphy Acquisition

AgriFORCE & Delphy reports reduction in upfront purchase price plus addition of earnout reflecting mutual confidence in the outlook and further alignment of interests AgriFORCE Growing Systems Ltd. (NASDAQ:AGRI), announced that following the definitive agreement to acquire Delphy Groep BV (Delphy) the parties have further agreed to mutually extend the closing date as part of an Amended […]

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Corporate Stock Market

Kalera’s New Strategy and Path to Profitability Sends Share Price Up By 12%

Kalera Public Limited Company (Nasdaq: KAL), a vertical farming company, outlined its new strategy and path to profitability for analysts and investors during a virtual event held yesterday. “We have established the foundational elements and gained the key learnings required to be a leader in this space,” said Jim Leighton, President and Chief Executive Officer […]

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Corporate Indoor Farming Stock Market

Light Science Technologies Completes 1st Phase of Zenith Project

AgriTech firm Light Science Technologies Ltd (LST) has announced the first phase completion of its project with Zenith Nurseries to develop advanceGROW, an ‘industry first’ cloche lighting and sensor technology system for the CEA market.   The first milestone, known as Gateway 1, which involved developing and demonstrating the viability of the system, is now […]

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Corporate Hydroponics Stock Market

GrowGeneration To Open Hydroponic Garden Center in Virginia

New Richmond, Virginia Location Scheduled to Open September 26, 2022 Newly Signed Leases in Mount Holly, New Jersey and Hazelwood, Missouri will Expand Current Operations to 17 States in late 2022 GrowGeneration Corp. (NASDAQ: GRWG) announced the opening of a new hydroponic garden center to serve the emerging Virginia hydroponics market. The new store in Richmond […]

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Americas Corporate Indoor Farming Stock Market

Appharvest Completes Calibration of Autonomous Harvest System & Provides Facility Updates

AppHarvest, Inc. (NASDAQ: APPH, APPHW) announced it has completed the calibration of its “touchless growing system” for salad greens at its 15-acre Berea, Ky., indoor farm by having successfully grown more than 20 varieties of lettuce and is approximately 80% complete with planting of its 30-acre AppHarvest Somerset Farm, which has the capacity to grow about […]

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Corporate Stock Market

Nature’s Miracle SPAC To Be Listed on NASDAQ At A USD 265 Million Valuation

Nature’s Miracle provides hardware as well as software to design, build and operate various indoor growing settings including greenhouse, vertical farming and indoor-growing spaces; Nature’s Miracle, through its two wholly-owned subsidiaries, Visiontech Group, Inc. and Hydroman, Inc., provides grow lights as well as other hydroponic products to hundreds of indoor growers in North America; Nature’s Miracle […]

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Corporate Stock Market

CubicFarm Changes CEO Ahead of ‘Strategic Transition’

CubicFarm Changes CEO, Appoints Special Committee To Board of Directors and Sees Investor Pull Off on FreshHub Project. CubicFarm® Systems Corp. (TSX: CUB) announced significant changes to management, the appointment of a Special Committee of the Board of Directors to determine and evaluate strategic alternatives and direction, and an update on a FreshHub project. CubicFarm Changes […]

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