9th August 2022
Deals Stock Market

Kalera SPAC Edges Closer

Kalera AS (EURONEXT GROWTH OSLO: KAL) and Agrico Acquisition Corp. (NASDAQ: RICO) announced today that the U.S. Securities and Exchange Commission (“SEC”) has declared effective the registration statement on Form S-4 of Kalera Public Limited Company (Result of SPAC between Kalera AS & Agrico Acquisition Corp), which includes a proxy statement/prospectus in connection with the […]

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Environment Stock Market

CubicFarm Claims To Decrease Energy Usage By Half

In a recent press release, CubicFarm Systems Corp., announced new data that demonstrates 54% to 62% less energy is used in their module compared to results by other vertical farms surveryed globally. With electricity being the number one input cost in vertical farming, this is a significant advantage to customers using the CubicFarm System technology […]

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Stock Market

LOCL Financial Results For Q1 2022 Inflated By Pete’s Acquisition

Hamilton based AgTech company, Local Bounti, announced its financial results for the first quarter 2022 and reiterates full year 2022 guidance. The financial results for this quarter have been overall marked by the acquisition of Pete’s which led LOCL to outperform previous quarter and meet expectations set by investors regarding the farm network expansion. First […]

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Stock Market

APPH Financial Results Marks Highest Net Sales

AppHarvest, Inc. (NASDAQ: APPH, APPHW) announced its operating and financial results for the quarter ending March 31, 2022 achieving its highest net sales quarter to date. “The AppHarvest team delivered on the top priorities for the quarter of ramping up production of the current facility and successfully meeting farm network expansion milestones,” said AppHarvest Founder […]

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Stock Market

Q1 Marks Record Revenue For Agrify

Agrify™ Corporation (Nasdaq:AGFY), the most innovative provider of advanced cultivation and extraction solutions for the cannabis industry, today announced financial results and increased revenues for the first quarter ended March 31, 2022. “Increased customer adoption across our product lines not only fueled our Q1 growth but also helped strengthen the foundation for future high-margin recurring […]

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Stock Market

Kalera Appoints News President and CEO

Kalera AS (Euronext Growth Oslo: KAL, Bloomberg: KSLLF), one of the preeminent leafy green vertical farming companies and a leader in plant science for producing high-quality produce in controlled environments, announced today that it appoints James Leighton as President and Chief Executive Officer. Leighton is an accomplished executive with a strong reputation within the consumer-packaged […]

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Stock Market

Pasco Greenhouse Paused By Local Bounti

The planned USD 40 million Pasco Greenhouse was put on hold following the closing of Pete’s acquisition. The Pasco facility was planned as the second in the network of high-tech facilities where Local Bounti planned to cultivate lettuce, herbs and other greens as the company seeks a share of the USD 30 billion US market. […]

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Stock Market

FY2021 Marks Sales Growth For Light Science Technologies

Light Science Technologies Holdings plc (AIM: LST), the controlled environment agriculture (“CEA”) technology and contract electronics manufacturing (“CEM”) group, announces its audited results for the year ended 30 November 2021. The Company will shortly be posting its annual report & accounts to Shareholders, which will also be available on its website. Operational Highlights Successful Admission […]

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Stock Market

5 Information To Know Before Opening Bell For CEA Stocks

Many publicly traded controlled environment agriculture companies will have announced their financial results for the first quarter of 2022 within the upcoming two weeks, Cannabis legalization accelerates as 18 states officially authorize the recreational use of the drug and fears of ‘stagflation’. Here is the 5 information to know before this week’s opening bell for […]

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Stock Market

Edible Garden Sets Term For An IPO

According to a recent filing, hydroponic and vertical farming company Edible Garden (EDBL) has set terms for its proposed $14.7M initial public offering.         The company said in a filing that it plans to offer 2.1M units priced between $6 and $8 per unit. Each unit will consist of one share plus […]

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