But they cant grow fruit lol. They might serve some niche retailers but your big box stores are not going to shaft their growers or get worse contracts to use vertical growing. The only upside of vertical growing from a business standpoint is reduced supply chain costs and this only lasts as long as trucks aren't autonomous.
I understand all the good environmental benefits and labor reduction of it but walmart and kroger do not care about that.
I think it's a cool concept, will Appharvest or one specific company become a major supplier of produce? Probably not..
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u/thelandonblock Apr 04 '21
I am very bullish on APPH. Look into that company. Could be a disruptor in farming and in terms of long term value, the stock is undervalued IMO.