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Local Bounti Corporation(LOCL)

Description: Local Bounti is a premier controlled environment agriculture (CEA) company redefining conversion efficiency and environmental, social and governance (ESG) standards for indoor agriculture. Local Bounti operates an advanced indoor growing facility in Hamilton, Montana, within a few hours' drive of its retail and food service partners. Reaching retail shelves in record time post-harvest, Local Bounti produce is superior in taste and quality compared to traditional field-grown greens. Local Bounti's USDA Harmonized Good Agricultural Practices (GAP Plus+) and non-genetically modified organisms (GMO) produce is sustainably grown using proprietary technology 365 days a year, free of pesticides and herbicides, and using 90 percent less land and water than conventional outdoor farming methods. With a mission to 'bring our farm to your kitchen in the fewest food miles possible,' Local Bounti is disrupting the cultivation and delivery of produce. Local Bounti is also committed to making meaningful connections and giving back to each of the communities it serves.


Keywords: Emerging Technologies Food Industry Molecular Biology Pesticide USDA Sustainable Agriculture Controlled Environment Agriculture Agroecology Genetically Modified Organism

Home Page: localbounti.com

LOCL Technical Analysis

490 Foley Lane
Hamilton, MT 59840
United States
Phone: 406 361 3711


Officers

Name Title
Mr. Craig M. Hurlbert Co-Founder, Co-CEO & Chairman
Dr. Travis M. Joyner J.D., Ph.D. Co-CEO & Director
Ms. Kathleen Valiasek Chief Financial Officer
Mr. Mark McKinney Chief Operating Officer
Mr. Brian C. Cook Pres
Ms. Margaret E. McCandless Gen. Counsel & Corp. Sec.
Mr. B. David Vosburg Jr. Chief Innovation Officer
Mr. Gary R. Hilberg Chief Sustainability Officer

Exchange: NYSE

Country: US

Currency: US Dollar ($)

Forward PE: 0
Trailing PE: 0
Price-to-Book MRQ: 1.859
Price-to-Sales TTM: 15.7682
IPO Date: 2021-04-19
Fiscal Year End: December
Full Time Employees: 111
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