Walmart invests in vertical farming startup

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Brian Lutz
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Walmart invests in vertical farming startup

Post by Brian Lutz »

https://www.reuters.com/business/us-ind ... 022-01-25/

Walmart is making an investment in Plenty, a startup company based in San Francisco developing indoor vertical farms. Under the deal a vertical farm being built in Compton CA will supply leafy greens to Walmart stores in California, reportedly allowing a yield of 150 to 350 times more crops per acre than a traditional farm.

Perhaps if vertical farming technologies can be developed this can be a use for vacant big box stores? Plenty doesn't claim to be able to replace traditional farms (presumably because the number of crops that can be grown this way is limited), but this could be a good way to allow food to be grown locally in unfriendly climates.
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Re: Walmart invests in vertical farming startup

Post by SamSpade »

It would also allow them more control on the supply chain of items like leafy greens, which have been scrutinized recently for recalls and other issues. :)

I suppose something like this would come in handy in states like Alaska.
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