There is a lot of investing hype about vertical farming. We talked to an expert and came away with five take-aways for investors.
to take note of the scale of capital flows into private vertical farming companies., there is a lot to like about the idea of applying modern technological solutions to the problem of food production. The global population is expanding while the earth is heating up. Something must be done to keep us out of the dismal realm of Malthus.
In my quest to find some good, unbiased information about the industry, I struck up a friendship with Dr. Paul Gauthier, a plant physiologist specializing in vertical farming research. Dr. Gauthier runs the Princeton Vertical Farming Project and will soon transfer his lab and research from Princeton University to Delaware Valley University where he has been selected for theI spent a day with Paul in Princeton and came away with five important take-aways about vertical farming.
If your vertical farm and three competitors each have enormous warehouses stuffed full of lettuce growing under LEDs and destined for the same metropolitan area, the price of lettuce in that area is likely to fall and / or someone will be trashing a lot of wilting greens. Rows of produce grow inside plastic trays at the Bowery Farming Inc. indoor farm in Kearny, New Jersey, U.S., on Tuesday, Aug. 7, 2018. The startup says automation, space-saving vertically stacked crops and a year-round growing season make its operations 100-plus times more productive per square foot than traditional farms. Photographer: David Williams/BloombergHumans have 12,000 years of experience growing food, but only a generation or so worth of experience growing crops indoors.
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