Is hydroponic fodder the next big thing? Hydroponic fodder has been around for a long time as some primitive systems were used back in the early 20th century. Nonetheless, in recent years, with the advent of climate change, the need to reduce carbon emissions as well as the cost of food has taken hydroponic fodder […]
Heliospectra (STO:HELIO) has published its half-year report ending 30th of June 2022. During the period, the Swedish company received a short-term loan of approximately SEK 17 million (USD 1.6 million) from the three main owners Weland Stål AB, Agartha AB (formerly ADMA Förvaltnings AB), and Corespring New Technology AB. The purpose of the loans is […]
Monday will see 5 controlled environment agriculture (CEA) publicly-traded companies reveal their quarterly earnings. Namely: Urban-Gro, Inc (NASDAQ:UGRO) to report its Q2 earnings after the market closes Kalera (NASDAQ:KAL) to report its first Q2 earnings as a publicly-traded company on NASDAQ before the market opens Agrify (NASDAQ:AGFY) to report its official Q2 earnings on the […]
Company-wide third quarter sales decreased 26% driven by Hawthorne decline of 63% and U.S. Consumer decline of 14% Consumer POS climbed in May & June; year-to-date POS dollars are down 5% Q3 GAAP EPS loss of $8.01 per share, includes pre-tax impairment and restructuring charges of $724 million; non-GAAP adjusted EPS of $1.98 ScottsMiracle-Gro announces […]
The company achieves net sales of $4.4 million on 6.0 million pounds of tomatoes sold in Q2 2022, a 39% YoY increase but misses by $1.74 million on estimates During AppHarvest Q2 secures $50 million USDA-backed loan, one of largest ever supporting controlled environment agriculture (CEA) The company confirms no damage to facilities from recent […]
During the precedent quarter (Q1 2022 ending 31st of March), we have seen many institutional investors increasing or acquiring positions in indoor vertical farming stocks. Large investors such as BlackRock, Goldman Sachs, JP Morgan, Vanguard Group, and BNP Paribas Asset Management UK have all further invested in the industry thus proving their growing interest as […]
Good morning readers, though dealing with lots of uncertainty and fear due to potential recessions or uncontrollable inflation (especially in Europe), investors were reassured by the May Job report (in the United States Stock Exchange). This week will be marked by the release of important economic data linked to inflation. Here are the 5 things […]
