Local Bounti Corp (LOCL) USD0.0001
$0.27
(15.34%)
- Add to watchlist
- This stock can be held in a
$0.27
(15.34%)
Deal for just £11.95 per trade in a
Stocks and Shares ISA,
Lifetime ISA
,
SIPP
or
Fund and Share Account
$0.27
(15.34%)
Deal for just £11.95 per trade in a
Stocks and Shares ISA,
Lifetime ISA
,
SIPP
or
Fund and Share Account
Business summary
Local Bounti Corporation is an indoor agriculture company. The Company utilizes its patented Stack & Flow Technology to grow food sustainably. Its proprietary process is a hybrid, utilizing vertical farming in early plant growth, followed by greenhouse farming for final grow out. The Company operates advanced indoor growing facilities across the United States, servicing approximately 13,000 retail doors. It uses 90% less water, 90% less land, and significantly less pesticides and herbicides than traditional outdoor agriculture operations. It has approximately 27 stock keeping units (SKUs) across living and loose leaf lettuce, organic and conventional, cress and value add product lines. Its Montana Facility incorporates its patented Stack & Flow Technology, including five operational greenhouses, a cold storage room for finished goods and a packaging room with processing equipment to transform freshly harvested produce into packaged goods that are ready for retail shelves.
Contact details
Important dates
General stock information
- Short code:
- LOCL
- ISIN:
- US53960E2054
- Market cap:
- $16.01 million
- Shares in issue:
- 8.66 million
- Sector:
- Agricultural Products & Services
- Exchange:
- -
- Country:
- United States
- Currency:
- US dollar
- Indices:
- n/a
Key personnel
The London Stock Exchange does not disclose whether a trade is a buy or a sell so this data is estimated based on the trade price received and the LSE-quoted mid-price at the point the trade is placed. It should only be considered an indication and not a recommendation.
Trades priced above the mid-price at the time the trade is placed are labelled as a buy; those priced below the mid-price are sells; and those priced close to the mid-price or declared late are labelled 'N/A'.