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Local Bounti Forges Offtake Agreement With Sam's Club

Specialty Food Association

Local Bounti Corporation, an indoor agriculture company combining vertical and greenhouse growing technologies, announced an offtake agreement with Sam's Club for its leafy greens production starting at its greenhouse facility in Byron, Georgia.

Local Bounti will implement its Stack & Flow Technology at the new facility in Georgia, further enhancing capacity to meet existing demand.

Stack & Flow Technology, Local Bounti's proprietary method of indoor farming, combines vertical farming and greenhouse growing technologies to deliver higher yields of diverse leafy greens, according to the company

Through this process, Local Bounti can grow produce in an environmentally friendly manner that increases harvest efficiency and reduces the cost and carbon footprint of the production and distribution process. The technology is over 30 times more productive per acre than traditional agriculture.

"This exciting commercial development represents a powerful endorsement of our dedicated team that works tirelessly to deliver the highest quality locally grown produce to our customers," said Brian Cook, president of Local Bounti, in a statement.

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