Tag Archive for: Walmart

Walmart Invests in Indoor Vertical Farming Startup Plenty

Walmart said Tuesday it has taken a stake in agriculture startup Plenty, becoming the first large U.S. retailer to significantly invest in indoor vertical farming as a way to deliver fresher produce to its stores.

Vertical farmers tout their high-quality produce that brings higher yields while using less water and land. The method also doesn’t use pesticide, and the produce can be grown year round near the point of distribution, increasing the reliability of supply.

Baja California Governor Accuses Big US Companies of Water Theft

An independent audit of Baja California’s water agency alleges that former employees of the utility colluded with international corporations to defraud the state out of at least $49.4 million, according to an auditor and the governor of the state.