Q3 Earning Season Edges Closer, What To Expect?
Every Monday, discover the latest macro-economic news impacting indoor vertical farming stocks as well as the overall sector
Good morning readers, A US court has ruled that hydroponic produce could be considered as organic last week enabling indoor vertical farming companies to pretend to the certification. Despite the good news and the potential to sell their produce at higher prices, markets have “ignored” the ruling and focused on the FED’s and upcoming economic report as the sights of a “hard-landing” of the economy increases week after week.
Analysts estimate that publicly-traded indoor farming companies are expected to miss on results, potentially furthering the downward trend these stocks have experienced in recent weeks.
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