Local Bounti Corporation
Market Cap
37M
Short interest (May 15)
0.7%
Net Short (Jun 03 ): 0.0%
Borrow Fee
31.46%
↓ 4.4%
Available Shares
100K
↓ 25.4%
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Company Overview
Local Bounti Corp is a controlled environment agriculture company. The business model is based on building local facilities, operated by local teams, to deliver fresh and quality produce to local communities while maintaining a limited carbon footprint. Using proprietary technology to grow leafy greens and herbs in smart greenhouses with a cultivation process that uses less water and land than conventional agriculture, free from herbicides or pesticides. The products of the company include living lettuce, leafy greens, herbs, and others.
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