LOCL Stock Analysis
LO
Uncovered
Local Bounti Corp is uncovered by Eyestock quantitative analysis.
Rating
To assess the quality of a company's business, we have collected all financial data from the statements and presented them in the form of a single number - the company's rating. Rating value of 100 is the threshold for determining a viable investment.
Low score
Local Bounti Corp. operates as an advanced indoor growing facility. The company is headquartered in Hamilton Montana, Montana and currently employs 111 full-time employees. The company went IPO on 2021-04-19. The firm operates an indoor growing facility in Hamilton, Montana, within a few hours' drive of its retail and food service partners. The firm produces sustainably grown living lettuce, herbs, and loose-leaf lettuce. Through its CEA process, it produces its products in an environmentally sustainable manner that harvests, limits water usage and reduces the carbon footprint of the production and distribution process. The environmental greenhouse conditions ensure the nutritional value and taste, and the products are non-genetically modified organisms (GMO) and pesticide and herbicide free. The Company’s products use approximately 90% less water and 90% less land than conventional agriculture to produce. Its products include Poppy Powder, Modern Greek, Butter Lettuce, Crispy Green Leaf, Red & Green Blend, Romaine Lettuce, Butter Lettuce and more.